HB Wealth Management LLC Raises Stock Position in Baldwin Insurance Group, Inc. $BWIN

HB Wealth Management LLC boosted its stake in Baldwin Insurance Group, Inc. (NASDAQ:BWIN) by 38.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 103,226 shares of the company’s stock after purchasing an additional 28,775 shares during the period. HB Wealth Management LLC’s holdings in Baldwin Insurance Group were worth $2,744,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its holdings in shares of Baldwin Insurance Group by 238.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,278 shares of the company’s stock valued at $28,000 after buying an additional 900 shares during the period. Larson Financial Group LLC increased its position in Baldwin Insurance Group by 666.5% during the fourth quarter. Larson Financial Group LLC now owns 1,211 shares of the company’s stock valued at $29,000 after acquiring an additional 1,053 shares during the last quarter. Versant Capital Management Inc increased its position in Baldwin Insurance Group by 43.3% during the second quarter. Versant Capital Management Inc now owns 1,201 shares of the company’s stock valued at $32,000 after acquiring an additional 363 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Baldwin Insurance Group in the third quarter valued at about $39,000. Finally, Wealth Preservation Advisors LLC bought a new position in Baldwin Insurance Group in the fourth quarter valued at about $46,000. 77.49% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on BWIN. Wells Fargo & Company boosted their price target on Baldwin Insurance Group from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Monday, August 3rd. Morgan Stanley set a $28.00 price objective on shares of Baldwin Insurance Group in a research note on Monday, June 22nd. UBS Group raised their price objective on shares of Baldwin Insurance Group from $35.00 to $37.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. boosted their target price on shares of Baldwin Insurance Group from $28.00 to $30.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Finally, Zacks Research raised shares of Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $30.33.

Baldwin Insurance Group Stock Performance

NASDAQ:BWIN opened at $29.71 on Wednesday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a 50-day simple moving average of $28.85 and a two-hundred day simple moving average of $23.94. The firm has a market capitalization of $4.14 billion, a PE ratio of -28.57, a P/E/G ratio of 1.00 and a beta of 1.03. Baldwin Insurance Group, Inc. has a 52-week low of $15.88 and a 52-week high of $32.59.

Baldwin Insurance Group (NASDAQ:BWIN) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.47 by $0.01. Baldwin Insurance Group had a positive return on equity of 12.67% and a negative net margin of 4.67%.The firm had revenue of $492.94 million for the quarter, compared to the consensus estimate of $492.33 million. During the same quarter last year, the company earned $0.42 earnings per share. The business’s revenue for the quarter was up 30.1% compared to the same quarter last year. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. Analysts forecast that Baldwin Insurance Group, Inc. will post 1.44 EPS for the current year.

Baldwin Insurance Group Profile

Baldwin Insurance Group, Inc (NASDAQ: BWIN) is a specialty insurance and surety firm that underwrites contract bonds, commercial insurance policies and related risk-management services. Its core offerings include contract and commercial surety, which provide performance and payment guarantees to obligees in construction, service and public-sector projects. In addition, the company delivers complementary commercial lines coverages designed to mitigate liability, property and workers’ compensation exposures.

Through a network of regional agency offices primarily across the Midwestern United States, Baldwin Insurance Group serves contractors, developers, small and mid-sized businesses as well as municipal and public-sector clients.