Royal Bank of Canada Decreases Holdings in Baldwin Insurance Group, Inc. $BWIN

Royal Bank of Canada decreased its position in Baldwin Insurance Group, Inc. (NASDAQ:BWIN) by 13.6% during the 1st quarter, Holdings Channel reports. The firm owned 778,281 shares of the company’s stock after selling 122,885 shares during the quarter. Royal Bank of Canada’s holdings in Baldwin Insurance Group were worth $17,075,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. California State Teachers Retirement System grew its holdings in Baldwin Insurance Group by 0.9% during the 2nd quarter. California State Teachers Retirement System now owns 61,912 shares of the company’s stock valued at $2,650,000 after buying an additional 555 shares during the last quarter. NewEdge Advisors LLC grew its stake in Baldwin Insurance Group by 6.7% in the 1st quarter. NewEdge Advisors LLC now owns 11,075 shares of the company’s stock worth $495,000 after acquiring an additional 700 shares during the period. HB Wealth Management LLC grew its stake in Baldwin Insurance Group by 1.0% in the 1st quarter. HB Wealth Management LLC now owns 74,451 shares of the company’s stock worth $1,633,000 after acquiring an additional 703 shares during the period. Alliancebernstein L.P. raised its holdings in Baldwin Insurance Group by 0.9% in the 3rd quarter. Alliancebernstein L.P. now owns 82,834 shares of the company’s stock valued at $2,337,000 after acquiring an additional 715 shares during the last quarter. Finally, Orion Porfolio Solutions LLC raised its holdings in Baldwin Insurance Group by 4.1% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 23,369 shares of the company’s stock valued at $659,000 after acquiring an additional 914 shares during the last quarter. 77.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on BWIN shares. Wells Fargo & Company raised their price objective on Baldwin Insurance Group from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Monday. Weiss Ratings upgraded Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, July 8th. Bank of America reduced their target price on Baldwin Insurance Group from $38.00 to $36.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. UBS Group raised their price target on Baldwin Insurance Group from $35.00 to $37.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Morgan Stanley set a $28.00 price objective on shares of Baldwin Insurance Group in a research note on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $30.33.

Baldwin Insurance Group Stock Down 0.6%

Shares of NASDAQ BWIN opened at $28.60 on Friday. The stock has a market capitalization of $4.08 billion, a PE ratio of -27.50, a P/E/G 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. The firm has a fifty day moving average of $24.38 and a 200-day moving average of $22.37. Baldwin Insurance Group, Inc. has a 52-week low of $15.88 and a 52-week high of $34.79.

Baldwin Insurance Group (NASDAQ:BWIN) last issued its earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate 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 period last year, the company posted $0.42 EPS. The business’s quarterly revenue was up 30.1% on a year-over-year basis. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. On average, analysts anticipate that Baldwin Insurance Group, Inc. will post 1.38 EPS for the current year.

Baldwin Insurance Group 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.