Baldwin Insurance Group (NASDAQ:BWIN) Price Target Raised to $37.00

by · The Markets Daily

Baldwin Insurance Group (NASDAQ:BWIN – Free Report) had its target price increased by UBS Group from $35.00 to $37.00 in a research note released on Monday,Benzinga reports. UBS Group currently has a buy rating on the stock.

A number of other research firms have also recently commented on BWIN. TD Cowen restated a “buy” rating on shares of Baldwin Insurance Group in a report on Monday, June 15th. BMO Capital Markets lifted their price objective on shares of Baldwin Insurance Group from $23.00 to $25.00 and gave the company a “market perform” rating in a report on Tuesday, June 23rd. Keefe, Bruyette & Woods boosted their price objective on shares of Baldwin Insurance Group from $26.00 to $31.00 and gave the company an “outperform” rating in a research report on Wednesday, July 8th. Zacks Research upgraded shares of Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. Finally, JPMorgan Chase & Co. raised their target price on shares of Baldwin Insurance Group from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $30.33.

View Our Latest Report on Baldwin Insurance Group

Baldwin Insurance Group Stock Performance

Shares of Baldwin Insurance Group stock opened at $28.77 on Monday. The stock’s fifty day moving average is $24.21 and its two-hundred day moving average is $22.36. The company has a market capitalization of $4.10 billion, a PE ratio of -27.66, a price-to-earnings-growth ratio of 0.97 and a beta of 1.08. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.73. Baldwin Insurance Group has a 52 week low of $15.88 and a 52 week high of $34.79.

Baldwin Insurance Group (NASDAQ:BWIN – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $492.94 million for the quarter, compared to analyst estimates of $492.33 million. During the same quarter last year, the firm posted $0.42 earnings per share. The business’s revenue 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. As a group, analysts expect that Baldwin Insurance Group will post 1.38 earnings per share for the current year.

Hedge Funds Weigh In On Baldwin Insurance Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. William Blair Investment Management LLC increased its position in Baldwin Insurance Group by 47.8% during the 4th 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 period. UBS Group AG lifted its position in shares of Baldwin Insurance Group by 42.9% in the 4th quarter. UBS Group AG now owns 686,318 shares of the company’s stock worth $16,492,000 after purchasing an additional 205,997 shares during the period. Fenimore Asset Management Inc boosted its stake in shares of Baldwin Insurance Group by 14.9% during the fourth quarter. Fenimore Asset Management Inc now owns 582,850 shares of the company’s stock valued at $14,006,000 after purchasing an additional 75,793 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Baldwin Insurance Group by 19,551.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 98,259 shares of the company’s stock valued at $2,361,000 after purchasing an additional 97,759 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in Baldwin Insurance Group by 32.4% during the first quarter. Sei Investments Co. now owns 456,174 shares of the company’s stock valued at $10,008,000 after buying an additional 111,640 shares during the period. Institutional investors own 77.49% of the company’s stock.

About Baldwin Insurance Group

(Get Free Report)

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.

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