Baldwin Insurance Group (NASDAQ:BWIN) Shares Gap Up on Better-Than-Expected Earnings

Shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN) gapped up before the market opened on Friday following a stronger than expected earnings report. The stock had previously closed at $18.49, but opened at $20.17. Baldwin Insurance Group shares last traded at $22.4370, with a volume of 1,031,187 shares traded.

The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.29 by $0.02. The firm had revenue of $347.28 million during the quarter, compared to analyst estimates of $351.75 million. Baldwin Insurance Group had a positive return on equity of 12.65% and a negative net margin of 1.89%.The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.27 earnings per share.

Key Headlines Impacting Baldwin Insurance Group

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

• Positive Sentiment: Raymond James upgraded BWIN from “Outperform” to “Strong Buy” and set a $30 price target, implying material upside from recent levels — a clear buy‑side signal that likely lifted sentiment and flows.
• Positive Sentiment: The Board authorized a substantial share repurchase program of up to $250 million, which reduces share count and signals management confidence in valuation. Repurchase Program Announcement
• Positive Sentiment: Baldwin announced a strategic partnership with Fairway Independent Mortgage Corporation, which may expand distribution for UCTS/consumer products and support revenue growth. Fairway Partnership
• Positive Sentiment: Q4 results: EPS came in at $0.31, beating the consensus ~$0.29 and up from $0.27 year‑ago — an earnings beat that supports the thesis of improving profitability. Earnings Beat
• Neutral Sentiment: Coverage initiation at TD Cowen may increase institutional attention and liquidity; impact depends on published rating and model assumptions. TD Cowen Coverage Initiation
• Neutral Sentiment: Analyses and write‑ups (Yahoo/Zacks) are reviewing valuation and key metrics post‑partnership and earnings — useful for investors but not immediate price drivers. Valuation After Partnership
• Negative Sentiment: Revenue for the quarter was $347.3M, slightly below the ~$351.8M consensus, and the company still reported a negative net margin (~‑1.89%) — items that could temper enthusiasm if trends persist. Earnings Release / Slide Deck

Analysts Set New Price Targets

Several research analysts recently weighed in on BWIN shares. BMO Capital Markets cut their target price on Baldwin Insurance Group from $34.00 to $33.00 and set a “market perform” rating on the stock in a research report on Thursday, December 4th. UBS Group cut their price objective on Baldwin Insurance Group from $52.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, November 10th. TD Cowen started coverage on shares of Baldwin Insurance Group in a report on Wednesday. They issued a “buy” rating on the stock. Wells Fargo & Company cut their target price on shares of Baldwin Insurance Group from $27.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Friday. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $28.00 price target on shares of Baldwin Insurance Group in a report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Baldwin Insurance Group currently has a consensus rating of “Hold” and a consensus price target of $31.17.

Insider Activity at Baldwin Insurance Group

In related news, insider James Morgan Roche sold 100,000 shares of Baldwin Insurance Group stock in a transaction on Friday, December 12th. The shares were sold at an average price of $24.20, for a total value of $2,420,000.00. Following the completion of the sale, the insider owned 122,113 shares in the company, valued at approximately $2,955,134.60. The trade was a 45.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders sold 255,000 shares of company stock worth $6,119,000. Corporate insiders own 18.51% of the company’s stock.

Institutional Investors Weigh In On Baldwin Insurance Group

A number of institutional investors have recently modified their holdings of the stock. William Blair Investment Management LLC increased its holdings in Baldwin Insurance Group by 47.8% in 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 buying an additional 2,439,118 shares during the last quarter. Fiera Capital Corp bought a new stake in shares of Baldwin Insurance Group in the 2nd quarter valued at approximately $33,346,000. Champlain Investment Partners LLC raised 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 acquiring an additional 659,433 shares in the last quarter. Bank of New York Mellon Corp lifted 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 purchasing an additional 579,936 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its holdings in Baldwin Insurance Group by 1,376.4% in the fourth quarter. MetLife Investment Management LLC now owns 619,292 shares of the company’s stock worth $14,882,000 after purchasing an additional 577,345 shares during the period. Institutional investors and hedge funds own 77.49% of the company’s stock.

Baldwin Insurance Group Trading Up 20.1%

The stock has a market cap of $2.64 billion, a P/E ratio of -51.77, a price-to-earnings-growth ratio of 0.62 and a beta of 1.33. The firm’s 50 day simple moving average is $22.27 and its two-hundred day simple moving average is $25.95. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.45.

About Baldwin Insurance Group

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.