Baldwin Insurance Group (NASDAQ:BWIN) Stock Price Up 4.8% – Should You Buy?

Shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN) rose 4.8% during trading on Thursday . The stock traded as high as $29.36 and last traded at $29.5950. Approximately 174,686 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 1,534,578 shares. The stock had previously closed at $28.23.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BWIN. TD Cowen reaffirmed a “buy” rating on shares of Baldwin Insurance Group in a report on Monday, June 15th. 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. Wells Fargo & Company boosted their price objective on shares of Baldwin Insurance Group from $27.00 to $28.00 and gave the company an “equal weight” rating in a research report on Monday, August 3rd. Zacks Research upgraded Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. Finally, BMO Capital Markets raised their target price on Baldwin Insurance Group from $23.00 to $25.00 and gave the company a “market perform” rating in a report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Baldwin Insurance Group has an average rating of “Moderate Buy” and a consensus target price of $30.33.

Baldwin Insurance Group Stock Performance

The stock has a market cap of $4.12 billion, a price-to-earnings ratio of -28.40, a P/E/G ratio of 0.96 and a beta of 1.03. 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 company has a 50 day simple moving average of $28.88 and a 200 day simple moving average of $24.02.

Baldwin Insurance Group (NASDAQ:BWIN) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. The company had revenue of $492.94 million for the quarter, compared to the consensus estimate of $492.33 million. Baldwin Insurance Group had a negative net margin of 4.67% and a positive return on equity of 12.67%. The firm’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period last year, the company posted $0.42 EPS. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. As a group, equities research analysts forecast that Baldwin Insurance Group, Inc. will post 1.44 EPS for the current year.

Institutional Trading of Baldwin Insurance Group

A number of hedge funds and other institutional investors have recently modified their holdings of BWIN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Baldwin Insurance Group by 6.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,166 shares of the company’s stock worth $1,795,000 after buying an additional 2,309 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Baldwin Insurance Group by 371.9% during the 1st quarter. Millennium Management LLC now owns 254,734 shares of the company’s stock valued at $11,384,000 after acquiring an additional 200,754 shares in the last quarter. NewEdge Advisors LLC grew its position in Baldwin Insurance Group by 6.7% during 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 last quarter. Goldman Sachs Group Inc. grew its position in Baldwin Insurance Group by 3.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 379,601 shares of the company’s stock worth $16,964,000 after acquiring an additional 13,058 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Baldwin Insurance Group by 6.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 189,643 shares of the company’s stock worth $8,475,000 after purchasing an additional 11,768 shares in the last quarter. Institutional investors own 77.49% of the company’s stock.

Baldwin Insurance Group Company 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.