Baldwin Insurance Group (NASDAQ:BWIN) Cut to Neutral at JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered shares of Baldwin Insurance Group (NASDAQ:BWIN) from an overweight rating to a neutral rating in a research note published on Thursday, Marketbeat.com reports. They currently have $32.00 price target on the stock, up from their prior price target of $30.00.

Several other equities analysts have also commented on BWIN. Keefe, Bruyette & Woods boosted their price target on Baldwin Insurance Group from $26.00 to $31.00 and gave the stock 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. Morgan Stanley set a $28.00 price objective on shares of Baldwin Insurance Group in a research note on Monday, June 22nd. Weiss Ratings raised shares of Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, July 8th. Finally, Raymond James Financial downgraded shares of Baldwin Insurance Group from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, September 23rd. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $30.89.

Baldwin Insurance Group Stock Performance

Shares of BWIN stock opened at $31.77 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.73. The company has a market cap of $4.43 billion, a PE ratio of -30.55, a P/E/G ratio of 1.03 and a beta of 1.00. The company’s fifty day simple moving average is $30.51 and its 200-day simple moving average is $25.36. Baldwin Insurance Group has a 52 week low of $15.88 and a 52 week high of $32.71.

Baldwin Insurance Group (NASDAQ:BWIN) last announced its quarterly 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 during 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 quarterly revenue was up 30.1% compared to the same quarter last year. 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. As a group, equities research analysts anticipate that Baldwin Insurance Group will post 1.44 EPS for the current year.

Hedge Funds Weigh In On Baldwin Insurance Group

Institutional investors have recently made changes to their positions in the business. Capital International Investors boosted its stake in shares of Baldwin Insurance Group by 15.0% during the 4th quarter. Capital International Investors now owns 3,618,132 shares of the company’s stock valued at $86,944,000 after buying an additional 472,703 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Baldwin Insurance Group by 36.3% in the first quarter. Bank of New York Mellon Corp now owns 3,918,087 shares of the company’s stock worth $85,963,000 after buying an additional 1,044,200 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Baldwin Insurance Group by 11,089.9% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,717,538 shares of the company’s stock worth $37,683,000 after buying an additional 1,702,189 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Baldwin Insurance Group by 16.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,333,871 shares of the company’s stock valued at $29,265,000 after acquiring an additional 191,482 shares in the last quarter. Finally, Fiera Capital Corp raised its holdings in Baldwin Insurance Group by 30.6% in the fourth quarter. Fiera Capital Corp now owns 991,213 shares of the company’s stock valued at $23,819,000 after acquiring an additional 231,993 shares in the last quarter. 77.49% of the stock is owned by institutional investors and hedge funds.

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.