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

Baldwin Insurance Group (NASDAQ:BWIN) was downgraded by equities researchers at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued to investors on Thursday, Marketbeat Ratings reports. They currently have a $32.00 price objective on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 0.66% from the company’s previous close.

BWIN has been the subject of a number of other reports. UBS Group upped their price objective on Baldwin Insurance Group from $35.00 to $37.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Weiss Ratings upgraded Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, July 8th. BMO Capital Markets boosted their target price on shares of Baldwin Insurance Group from $26.00 to $32.50 and gave the stock a “market perform” rating in a report on Tuesday, September 15th. TD Cowen restated a “buy” rating on shares of Baldwin Insurance Group in a report on Monday, June 15th. Finally, William Blair downgraded shares of Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a research report on Monday, September 14th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Baldwin Insurance Group presently has a consensus rating of “Hold” and a consensus target price of $31.39.

Baldwin Insurance Group Stock Performance

Shares of BWIN stock opened at $31.79 on Thursday. The firm has a market cap of $4.43 billion, a price-to-earnings ratio of -30.57, a PEG ratio of 1.03 and a beta of 1.03. Baldwin Insurance Group has a 52-week low of $15.88 and a 52-week high of $32.71. 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’s 50 day moving average is $30.29 and its 200 day moving average is $25.23.

Baldwin Insurance Group (NASDAQ:BWIN) last posted 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. The company had revenue of $492.94 million during the quarter, compared to analyst estimates of $492.33 million. Baldwin Insurance Group had a positive return on equity of 12.67% and a negative net margin of 4.67%.Baldwin Insurance Group’s revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.42 earnings per share. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. On average, sell-side analysts anticipate that Baldwin Insurance Group will post 1.44 EPS for the current fiscal year.

Hedge Funds Weigh In On Baldwin Insurance Group

Several hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC purchased a new position in shares of Baldwin Insurance Group in the 2nd quarter valued at approximately $25,000. Arizona State Retirement System grew its position in Baldwin Insurance Group by 8.5% during the 2nd quarter. Arizona State Retirement System now owns 21,377 shares of the company’s stock worth $568,000 after purchasing an additional 1,678 shares during the last quarter. Nykredit A S purchased a new stake in Baldwin Insurance Group during the 2nd quarter worth approximately $109,000. HB Wealth Management LLC increased its stake in Baldwin Insurance Group by 38.6% during the 2nd quarter. HB Wealth Management LLC now owns 103,226 shares of the company’s stock valued at $2,744,000 after purchasing an additional 28,775 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Baldwin Insurance Group in the second quarter worth $2,372,000. Institutional investors and hedge funds own 77.49% of the company’s stock.

About Baldwin Insurance Group

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.