Baldwin Insurance Group (NASDAQ:BWIN – Free Report) had its target price hoisted by BMO Capital Markets from $26.00 to $32.50 in a report issued on Tuesday morning,Benzinga reports. BMO Capital Markets currently has a market perform rating on the stock.
Other research analysts have also recently issued reports about the company. TD Cowen reaffirmed a “buy” rating on shares of Baldwin Insurance Group in a report on Monday, June 15th. William Blair lowered shares of Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a report on Monday. UBS Group raised their price objective on shares of Baldwin Insurance Group from $35.00 to $37.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Weiss Ratings raised shares of Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, July 8th. Finally, Zacks Research upgraded shares of Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a research report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Baldwin Insurance Group has an average rating of “Moderate Buy” and a consensus price target of $31.17.
View Our Latest Report on BWIN
Baldwin Insurance Group Trading Down 0.3%
Baldwin Insurance Group (NASDAQ:BWIN – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. The company had revenue of $492.94 million for the quarter, compared to analyst estimates of $492.33 million. Baldwin Insurance Group had a positive return on equity of 12.67% and a negative net margin of 4.67%.The business’s revenue was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.42 earnings per share. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. Analysts predict that Baldwin Insurance Group will post 1.44 EPS for the current fiscal year.
Hedge Funds Weigh In On Baldwin Insurance Group
Several hedge funds have recently added to or reduced their stakes in BWIN. Integrated Wealth Concepts LLC acquired a new stake in Baldwin Insurance Group in the second quarter worth about $25,000. Arizona State Retirement System lifted its position in Baldwin Insurance Group by 8.5% during the 2nd quarter. Arizona State Retirement System now owns 21,377 shares of the company’s stock valued at $568,000 after purchasing an additional 1,678 shares during the period. Nykredit A S acquired a new position in Baldwin Insurance Group during the 2nd quarter valued at about $109,000. HB Wealth Management LLC boosted its stake in shares of Baldwin Insurance Group by 38.6% in the 2nd quarter. HB Wealth Management LLC now owns 103,226 shares of the company’s stock valued at $2,744,000 after purchasing an additional 28,775 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Baldwin Insurance Group in the 2nd quarter valued at about $2,372,000. Institutional investors own 77.49% of the company’s stock.
About Baldwin Insurance Group
The Baldwin Insurance Group, Inc, operating under The Baldwin Group brand and traded on Nasdaq under the symbol BWIN, is an independent insurance distribution and advisory company. It helps individuals, businesses and organizations assess risks and obtain insurance coverage through a network of retail brokerage, wholesale brokerage, managing general agency and related insurance businesses.
The company offers commercial and personal property and casualty insurance, employee benefits, risk management and specialty insurance solutions.
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