Baldwin Insurance Group (NASDAQ:BWIN) Stock Moved Down to “Market Perform” by Keefe, Bruyette & Woods

Keefe, Bruyette & Woods cut shares of Baldwin Insurance Group (NASDAQ:BWIN) from an outperform rating to a market perform rating in a research note released on Monday, MarketBeat reports. They currently have $32.50 price target on the stock.

Several other research firms have also recently issued reports on BWIN. Wells Fargo & Company lifted their price objective on shares of Baldwin Insurance Group from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Monday, August 3rd. TD Cowen lowered Baldwin Insurance Group from a “buy” rating to a “hold” rating and dropped their target price for the company from $37.00 to $32.50 in a report on Monday. William Blair lowered Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a report on Monday, September 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Baldwin Insurance Group in a research note on Friday, October 2nd. Finally, Raymond James Financial downgraded Baldwin Insurance Group from a “strong-buy” rating to a “strong sell” rating in a report on Wednesday, September 23rd. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $31.20.

Baldwin Insurance Group Trading Down 0.1%

NASDAQ BWIN opened at $31.85 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.73. Baldwin Insurance Group has a 52 week low of $15.88 and a 52 week high of $32.71. The stock has a market capitalization of $4.44 billion, a PE ratio of -30.62, a price-to-earnings-growth ratio of 1.03 and a beta of 1.00. The firm has a 50 day moving average of $30.97 and a two-hundred day moving average of $25.82.

Baldwin Insurance Group (NASDAQ:BWIN) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.48 EPS for the quarter, beating 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 company had revenue of $492.94 million for the quarter, compared to the consensus estimate of $492.33 million. During the same period in the prior year, the firm posted $0.42 EPS. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. As a group, research analysts expect that Baldwin Insurance Group will post 1.44 EPS for the current fiscal year.

Hedge Funds Weigh In On Baldwin Insurance Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC purchased a new position in Baldwin Insurance Group in the second quarter valued at approximately $25,000. EverSource Wealth Advisors LLC lifted its position in shares of Baldwin Insurance Group by 238.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,278 shares of the company’s stock worth $28,000 after buying an additional 900 shares during the last quarter. Versant Capital Management Inc lifted its position in shares of Baldwin Insurance Group by 43.3% during the 2nd quarter. Versant Capital Management Inc now owns 1,201 shares of the company’s stock worth $32,000 after buying an additional 363 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Baldwin Insurance Group by 102.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,039 shares of the company’s stock worth $33,000 after buying an additional 525 shares during the last quarter. Finally, Wealth Preservation Advisors LLC purchased a new stake in shares of Baldwin Insurance Group during the 4th quarter worth approximately $46,000. 77.49% of the stock is owned by institutional investors and hedge funds.

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.