Baldwin Insurance Group (NASDAQ:BWIN) Price Target Raised to $28.00

Baldwin Insurance Group (NASDAQ:BWIN – Free Report) had its price objective lifted by Wells Fargo & Company from $27.00 to $28.00 in a research note issued to investors on Monday,Benzinga reports. They currently have an equal weight rating on the stock.

BWIN has been the subject of a number of other reports. TD Cowen reiterated a “buy” rating on shares of Baldwin Insurance Group in a research note on Monday, June 15th. Bank of America cut their price objective on Baldwin Insurance Group from $38.00 to $36.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Zacks Research upgraded Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a research report on Friday, June 12th. Weiss Ratings raised Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, July 8th. Finally, Morgan Stanley set a $28.00 target price on Baldwin Insurance Group in a research report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.33.

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Baldwin Insurance Group Stock Performance

Shares of NASDAQ BWIN opened at $28.77 on Monday. The firm’s 50-day moving average price is $24.21 and its 200-day moving average price is $22.36. 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 market cap of $4.10 billion, a PE ratio of -27.66, a PEG ratio of 0.97 and a beta of 1.08. 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 announced its quarterly earnings results on Thursday, July 30th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. Baldwin Insurance Group had a negative net margin of 4.67% and a positive return on equity of 12.67%. The firm had revenue of $492.94 million during the quarter, compared to analyst estimates of $492.33 million. During the same period in the previous year, the business posted $0.42 earnings per share. The business’s revenue for the quarter 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. As a group, analysts anticipate that Baldwin Insurance Group will post 1.38 EPS for the current year.

Hedge Funds Weigh In On Baldwin Insurance Group

Several institutional investors and hedge funds have recently bought and sold shares of BWIN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in 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 valued at $1,795,000 after purchasing an additional 2,309 shares during the period. Millennium Management LLC raised its stake in shares of Baldwin Insurance Group by 371.9% in the first quarter. Millennium Management LLC now owns 254,734 shares of the company’s stock worth $11,384,000 after buying an additional 200,754 shares during the period. NewEdge Advisors LLC lifted its position in shares of Baldwin Insurance Group by 6.7% during the 1st quarter. NewEdge Advisors LLC now owns 11,075 shares of the company’s stock valued at $495,000 after buying an additional 700 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Baldwin Insurance Group by 3.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 379,601 shares of the company’s stock valued at $16,964,000 after acquiring an additional 13,058 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Baldwin Insurance Group by 6.6% during 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 valued at $8,475,000 after acquiring an additional 11,768 shares during the period. 77.49% of the stock is currently owned by hedge funds and other institutional investors.

Baldwin Insurance Group Company Profile

(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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