Confluence Investment Management LLC Trims Holdings in Baldwin Insurance Group, Inc. $BWIN

Confluence Investment Management LLC decreased its holdings in shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN) by 87.8% in the second quarter, HoldingsChannel reports. The firm owned 77,621 shares of the company’s stock after selling 561,016 shares during the quarter. Confluence Investment Management LLC’s holdings in Baldwin Insurance Group were worth $2,063,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. California State Teachers Retirement System grew its position in shares of Baldwin Insurance Group by 0.9% in the 2nd quarter. California State Teachers Retirement System now owns 61,912 shares of the company’s stock worth $2,650,000 after buying an additional 555 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Baldwin Insurance Group by 6.7% in the first 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 period. HB Wealth Management LLC boosted its holdings in Baldwin Insurance Group by 1.0% in the first quarter. HB Wealth Management LLC now owns 74,451 shares of the company’s stock valued at $1,633,000 after acquiring an additional 703 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in Baldwin Insurance Group by 0.9% in the third quarter. Alliancebernstein L.P. now owns 82,834 shares of the company’s stock valued at $2,337,000 after acquiring an additional 715 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Baldwin Insurance Group by 238.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,278 shares of the company’s stock valued at $28,000 after purchasing an additional 900 shares during the period. Hedge funds and other institutional investors own 77.49% of the company’s stock.

Insiders Place Their Bets

In other Baldwin Insurance Group news, major shareholder Elizabeth Krystyn sold 130,018 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $21.20, for a total transaction of $2,756,381.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 15.80% of the company’s stock.

Baldwin Insurance Group Trading Down 2.1%

NASDAQ BWIN opened at $28.86 on Wednesday. Baldwin Insurance Group, Inc. has a 12 month low of $15.88 and a 12 month high of $36.78. The stock has a market cap of $4.11 billion, a P/E ratio of -27.75, a P/E/G ratio of 0.99 and a beta of 1.08. The stock’s fifty day moving average price is $24.02 and its 200-day moving average price is $22.34. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.73.

Baldwin Insurance Group (NASDAQ:BWIN) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. The firm 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 quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter in the previous 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 analysts forecast that Baldwin Insurance Group, Inc. will post 1.38 EPS for the current fiscal year.

Analyst Ratings Changes

BWIN has been the subject of several research reports. Keefe, Bruyette & Woods upped their price objective on shares of Baldwin Insurance Group from $26.00 to $31.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. UBS Group lifted their target price on shares of Baldwin Insurance Group from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Monday. Wells Fargo & Company boosted 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. Zacks Research upgraded shares of Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Finally, Weiss Ratings upgraded shares of Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $30.33.

Baldwin Insurance Group 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.