Baldwin Insurance Group (NASDAQ:BWIN) Stock Bumped Down to Hold by TD Cowen

TD Cowen lowered shares of Baldwin Insurance Group (NASDAQ:BWIN) from a buy rating to a hold rating in a research note published on Monday morning, MarketBeat reports. They currently have $32.50 price objective on the stock, down from their prior price objective of $37.00.

Several other analysts also recently weighed in on the company. Keefe, Bruyette & Woods boosted their price target on Baldwin Insurance Group from $26.00 to $31.00 and gave the company an “outperform” rating in a research note on Wednesday, July 8th. UBS Group lowered Baldwin Insurance Group from a “buy” rating to a “neutral” rating and cut their price objective for the company from $37.00 to $32.50 in a report on Friday, October 2nd. JPMorgan Chase & Co. cut Baldwin Insurance Group from an “overweight” rating to a “neutral” rating and raised their price objective for the stock from $30.00 to $32.00 in a research note on Thursday, October 1st. BMO Capital Markets lifted their target price on Baldwin Insurance Group from $26.00 to $32.50 and gave the stock a “market perform” rating in a report on Tuesday, September 15th. Finally, William Blair downgraded Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a report on Monday, September 14th. One analyst has rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Baldwin Insurance Group has an average rating of “Reduce” and an average target price of $31.20.

Baldwin Insurance Group Price Performance

Shares of BWIN opened at $31.85 on Monday. The firm has a market capitalization of $4.44 billion, a PE ratio of -30.62, a price-to-earnings-growth ratio of 1.03 and a beta of 1.00. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.07 and a quick ratio of 1.07. Baldwin Insurance Group has a 1-year low of $15.88 and a 1-year high of $32.71. The company’s fifty day moving average price is $30.97 and its 200-day moving average price is $25.82.

Baldwin Insurance Group (NASDAQ:BWIN) last released its earnings results on Thursday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. The firm had revenue of $492.94 million for the quarter, compared to the consensus estimate 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 firm’s revenue was up 30.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.42 EPS. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. On average, equities research analysts predict that Baldwin Insurance Group will post 1.44 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in BWIN. Bank of New York Mellon Corp grew its position in Baldwin Insurance Group by 36.3% during the 1st quarter. Bank of New York Mellon Corp now owns 3,918,087 shares of the company’s stock worth $85,963,000 after purchasing an additional 1,044,200 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Baldwin Insurance Group by 11,089.9% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,717,538 shares of the company’s stock valued at $37,683,000 after buying an additional 1,702,189 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Baldwin Insurance Group by 16.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,333,871 shares of the company’s stock valued at $29,265,000 after buying an additional 191,482 shares during the period. Janus Henderson Group PLC lifted its holdings in shares of Baldwin Insurance Group by 12.6% in the 1st quarter. Janus Henderson Group PLC now owns 881,885 shares of the company’s stock valued at $19,348,000 after buying an additional 98,600 shares during the period. Finally, Bank of America Corp DE lifted its holdings in shares of Baldwin Insurance Group by 51.9% in the 1st quarter. Bank of America Corp DE now owns 848,407 shares of the company’s stock valued at $18,614,000 after buying an additional 289,879 shares during the period. Hedge funds and other institutional investors own 77.49% of the company’s stock.

Baldwin Insurance Group Company Profile

The Baldwin Insurance Group, Inc is an insurance distribution and advisory company that helps individuals, businesses and organizations identify, manage and insure against risk. The company operates through a network of insurance agencies and specialty businesses, providing access to property and casualty insurance, employee benefits, personal insurance and related risk-management solutions.

Its services include commercial insurance brokerage, personal lines coverage, employee benefits consulting, claims support and other advisory services.