20,357 Baldwin Insurance Group, Inc. $BWIN Shares Acquired by Summit Creek Advisors LLC

Summit Creek Advisors LLC lifted its stake in shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN) by 30.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,844 shares of the company’s stock after purchasing an additional 20,357 shares during the period. Summit Creek Advisors LLC owned about 0.06% of Baldwin Insurance Group worth $2,761,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BWIN. Bank of New York Mellon Corp acquired a new stake in Baldwin Insurance Group during the second quarter worth about $81,796,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in Baldwin Insurance Group by 11,089.9% during 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 acquiring an additional 1,702,189 shares during the last quarter. Bank of America Corp DE increased its stake in Baldwin Insurance Group by 51.9% during the first quarter. Bank of America Corp DE now owns 848,407 shares of the company’s stock worth $18,614,000 after acquiring an additional 289,879 shares during the last quarter. Dimensional Fund Advisors LP raised its position 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 purchasing an additional 191,482 shares during the period. Finally, Sei Investments Co. raised its position in Baldwin Insurance Group by 32.4% in the first quarter. Sei Investments Co. now owns 456,174 shares of the company’s stock valued at $10,008,000 after purchasing an additional 111,640 shares during the period. Hedge funds and other institutional investors own 77.49% of the company’s stock.

Baldwin Insurance Group Stock Up 0.0%

BWIN stock opened at $31.98 on Friday. The company’s 50 day moving average price is $31.57 and its 200 day moving average price is $25.27. The firm has a market capitalization of $4.46 billion, a price-to-earnings ratio of -30.75, a PEG ratio of 1.03 and a beta of 0.98. Baldwin Insurance Group, Inc. has a fifty-two week low of $15.88 and a fifty-two week high of $32.71. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.07 and a current ratio of 1.07.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. William Blair cut Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a report on Monday, September 14th. JPMorgan Chase & Co. lowered shares of Baldwin Insurance Group from an “overweight” rating to a “neutral” rating and boosted their price objective for the company from $30.00 to $32.00 in a report on Thursday, October 1st. Raymond James Financial cut shares of Baldwin Insurance Group from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, September 23rd. UBS Group lowered shares of Baldwin Insurance Group from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $37.00 to $32.50 in a research note on Friday, October 2nd. Finally, Wells Fargo & Company lifted their price target 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. One analyst has rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $31.20.

About Baldwin Insurance Group

The Baldwin Insurance Group, Inc (NASDAQ: BWIN) is an independent insurance distribution platform that delivers insurance products and related services to businesses, individuals and insurance carriers. The company operates through a network of insurance agencies, brokerage businesses and specialty insurance operations.

Its offerings include commercial property and casualty insurance, employee benefits, personal insurance, life and health coverage, and Medicare products. Baldwin also provides specialized insurance solutions through program-management and underwriting operations, serving selected industries and risk categories through relationships with insurance carriers.

Founded in 2006 and headquartered in Tampa, Florida, the company was formerly known as BRP Group, Inc and adopted The Baldwin Insurance Group name in 2024.