Dodds Wealth LLC Makes New Investment in Baldwin Insurance Group, Inc. $BWIN

Dodds Wealth LLC bought a new stake in Baldwin Insurance Group, Inc. (NASDAQ:BWIN) during the third quarter, Holdings Channel reports. The institutional investor bought 15,792 shares of the company’s stock, valued at approximately $502,000.

Several other hedge funds also recently bought and sold shares of BWIN. Integrated Wealth Concepts LLC acquired a new stake in shares of Baldwin Insurance Group during the 2nd quarter valued at about $25,000. Farther Finance Advisors LLC increased its holdings in Baldwin Insurance Group by 102.1% in the third quarter. Farther Finance Advisors LLC now owns 1,039 shares of the company’s stock worth $33,000 after buying an additional 525 shares during the last quarter. Versant Capital Management Inc increased its holdings in Baldwin Insurance Group by 43.3% in the second quarter. Versant Capital Management Inc now owns 1,201 shares of the company’s stock worth $32,000 after buying an additional 363 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Baldwin Insurance Group by 238.1% in the first quarter. EverSource Wealth Advisors LLC now owns 1,278 shares of the company’s stock worth $28,000 after buying an additional 900 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in Baldwin Insurance Group by 146.4% during the third quarter. GAMMA Investing LLC now owns 1,791 shares of the company’s stock valued at $57,000 after acquiring an additional 1,064 shares in the last quarter. 77.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. Keefe, Bruyette & Woods cut shares of Baldwin Insurance Group from an “outperform” rating to a “market perform” rating and set a $32.50 target price for the company. in a research note on Monday, October 12th. BMO Capital Markets raised their price target on shares of Baldwin Insurance Group from $26.00 to $32.50 and gave the company a “market perform” rating in a report on Tuesday, September 15th. UBS Group downgraded shares of Baldwin Insurance Group from a “buy” rating to a “neutral” rating and cut their price target for the company from $37.00 to $32.50 in a report on Friday, October 2nd. TD Cowen lowered shares of Baldwin Insurance Group from a “buy” rating to a “hold” rating and reduced their price objective for the company from $37.00 to $32.50 in a research note on Monday, October 12th. Finally, Wells Fargo & Company upped their price objective on shares of Baldwin Insurance Group from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $31.20.

Baldwin Insurance Group Trading Down 0.5%

Shares of NASDAQ:BWIN opened at $31.97 on Friday. The company has a market cap of $4.46 billion, a P/E ratio of 32.47, a P/E/G ratio of 1.04 and a beta of 0.98. The stock’s 50-day moving average is $31.53 and its 200-day moving average is $25.25. Baldwin Insurance Group, Inc. has a 52-week low of $15.88 and a 52-week high of $32.71. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.07 and a current ratio of 1.07.

Baldwin Insurance Group Company Profile

The Baldwin Insurance Group, Inc (NASDAQ: BWIN) is an independent insurance distribution platform that delivers insurance products and related services to businesses, individuals and insurance carriers. The company operates through a network of insurance agencies, brokerage businesses and specialty insurance operations.

Its offerings include commercial property and casualty insurance, employee benefits, personal insurance, life and health coverage, and Medicare products. Baldwin also provides specialized insurance solutions through program-management and underwriting operations, serving selected industries and risk categories through relationships with insurance carriers.

Founded in 2006 and headquartered in Tampa, Florida, the company was formerly known as BRP Group, Inc and adopted The Baldwin Insurance Group name in 2024.