Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Receives $33.83 Average Price Target from Brokerages

Baldwin Insurance Group, Inc. (NASDAQ:BWIN) has been given a consensus recommendation of “Hold” by the nine research firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $31.1667.

Several brokerages recently commented on BWIN. Zacks Research downgraded Baldwin Insurance Group from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. Raymond James Financial upgraded Baldwin Insurance Group from an “outperform” rating to a “strong-buy” rating and boosted their price target for the stock from $20.00 to $30.00 in a research note on Friday. JPMorgan Chase & Co. reduced their target price on Baldwin Insurance Group from $33.00 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday, January 7th. Wall Street Zen upgraded shares of Baldwin Insurance Group from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, TD Cowen initiated coverage on shares of Baldwin Insurance Group in a report on Wednesday. They issued a “buy” rating on the stock.

Baldwin Insurance Group Stock Performance

Baldwin Insurance Group stock opened at $23.23 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.15 and a quick ratio of 1.15. Baldwin Insurance Group has a 12 month low of $15.88 and a 12 month high of $47.15. The company has a market cap of $2.76 billion, a price-to-earnings ratio of -47.41, a price-to-earnings-growth ratio of 0.68 and a beta of 1.33. The stock’s 50-day moving average is $22.26 and its 200-day moving average is $25.90.

Baldwin Insurance Group (NASDAQ:BWIN) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.02. The company had revenue of $347.28 million during the quarter, compared to the consensus estimate of $351.75 million. Baldwin Insurance Group had a negative net margin of 2.25% and a positive return on equity of 12.62%. Baldwin Insurance Group’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 earnings per share. Equities analysts anticipate that Baldwin Insurance Group will post 1.01 earnings per share for the current year.

Insider Activity at Baldwin Insurance Group

In other news, insider James Morgan Roche sold 100,000 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $24.20, for a total transaction of $2,420,000.00. Following the transaction, the insider owned 122,113 shares of the company’s stock, valued at approximately $2,955,134.60. This trade represents a 45.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 255,000 shares of company stock worth $6,119,000 over the last quarter. Company insiders own 18.51% of the company’s stock.

Hedge Funds Weigh In On Baldwin Insurance Group

Hedge funds have recently added to or reduced their stakes in the business. William Blair Investment Management LLC increased its stake in Baldwin Insurance Group by 47.8% during the fourth quarter. William Blair Investment Management LLC now owns 7,543,813 shares of the company’s stock valued at $181,278,000 after purchasing an additional 2,439,118 shares during the last quarter. Fiera Capital Corp acquired a new position in shares of Baldwin Insurance Group in the 2nd quarter valued at about $33,346,000. Champlain Investment Partners LLC grew its position in shares of Baldwin Insurance Group by 20.3% during the 3rd quarter. Champlain Investment Partners LLC now owns 3,915,879 shares of the company’s stock valued at $110,467,000 after buying an additional 659,433 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Baldwin Insurance Group by 25.3% during the fourth quarter. Bank of New York Mellon Corp now owns 2,873,887 shares of the company’s stock worth $69,060,000 after acquiring an additional 579,936 shares during the period. Finally, MetLife Investment Management LLC raised its stake in Baldwin Insurance Group by 1,376.4% during the fourth quarter. MetLife Investment Management LLC now owns 619,292 shares of the company’s stock worth $14,882,000 after acquiring an additional 577,345 shares during the period. Institutional investors and hedge funds own 77.49% of the company’s stock.

Key Stories Impacting Baldwin Insurance Group

Here are the key news stories impacting Baldwin Insurance Group this week:

• Positive Sentiment: Board authorizes up to $250 million share repurchase program — a meaningful capital-return action that can support the stock and reduce share count. Business Wire: $250M Repurchase Program
• Positive Sentiment: Raymond James upgraded BWIN to a “strong-buy” and raised its price target to $30 (from $20), signaling analyst conviction and implying ~29% upside from the current price. Benzinga: Raymond James Upgrade
• Positive Sentiment: Q4 earnings beat: BWIN reported $0.31 EPS vs. consensus $0.29, and EPS improved vs. prior year; these results (and a slide deck/call) helped underpin today’s positive sentiment. MarketBeat: Q4 Results & Conference Call
• Positive Sentiment: Strategic partnership with Fairway Independent Mortgage Corporation could expand distribution channels for Baldwin’s products and support future revenue growth. TMCNet: Fairway Partnership
• Positive Sentiment: TD Cowen initiated coverage (new analyst attention can increase liquidity and interest). AmericanBankingNews: TD Cowen Coverage Initiation
• Neutral Sentiment: Investor materials and presentation (Q4 slide deck and call) published — useful for modeling but not an immediate catalyst. Seeking Alpha: Q4 Presentation
• Neutral Sentiment: Analyst note / valuation pieces reviewing the Fairway partnership and BWIN valuation provide context but do not themselves move fundamentals. Yahoo Finance: Valuation After Partnership
• Negative Sentiment: Wells Fargo cut its price target to $21 and moved to an “equal weight” rating, implying downside from the current level and adding downward pressure on sentiment. TickerReport/Benzinga: Wells Fargo PT Cut
• Negative Sentiment: Revenue slightly missed estimates for the quarter ($347.3M vs. $351.8M est.), and the company still reported a negative net margin — items investors will watch for margin recovery and top-line momentum. Zacks: Q4 Metrics & Revenue vs Estimates

Baldwin Insurance Group Company 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.