Baldwin Insurance Group, Inc. $BWIN Holdings Trimmed by Fenimore Asset Management Inc

Fenimore Asset Management Inc trimmed its holdings in shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN) by 66.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 269,627 shares of the company’s stock after selling 525,807 shares during the quarter. Fenimore Asset Management Inc’s holdings in Baldwin Insurance Group were worth $8,571,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp bought a new stake in shares of Baldwin Insurance Group in the 2nd quarter worth approximately $81,796,000. Annis Gardner Whiting Capital Advisors LLC increased its position in Baldwin Insurance Group by 11,089.9% in 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 buying an additional 1,702,189 shares during the last quarter. Milford Funds Ltd. purchased a new stake in Baldwin Insurance Group in the fourth quarter worth $8,322,000. Bank of America Corp DE raised its stake in shares of Baldwin Insurance Group by 51.9% in the first quarter. Bank of America Corp DE now owns 848,407 shares of the company’s stock valued at $18,614,000 after buying an additional 289,879 shares during the period. Finally, Equitable Trust Co. bought a new stake in shares of Baldwin Insurance Group in the first quarter valued at $6,209,000. Institutional investors own 77.49% of the company’s stock.

Baldwin Insurance Group Price Performance

Shares of NASDAQ BWIN traded up $0.04 during midday trading on Thursday, hitting $31.85. 1,528,875 shares of the company’s stock were exchanged, compared to its average volume of 1,957,062. The business’s fifty day moving average price is $30.74 and its two-hundred day moving average price is $25.61. The company has a market cap of $4.44 billion, a price-to-earnings ratio of -30.62, a PEG ratio of 1.03 and a beta of 1.00. Baldwin Insurance Group, Inc. has a 12-month low of $15.88 and a 12-month high of $32.71. 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 data on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $492.33 million. During the same quarter last year, the company posted $0.42 EPS. The business’s quarterly revenue 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, research analysts forecast that Baldwin Insurance Group, Inc. will post 1.44 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Zacks Research upgraded shares of Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. UBS Group cut shares of Baldwin Insurance Group from a “buy” rating to a “neutral” rating and dropped their price target for the company from $37.00 to $32.50 in a research note on Friday, October 2nd. William Blair downgraded shares of Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a report on Monday, September 14th. BMO Capital Markets lifted their price objective on shares of Baldwin Insurance Group from $26.00 to $32.50 and gave the company a “market perform” rating in a research note on Tuesday, September 15th. Finally, Morgan Stanley set a $28.00 target price on shares of Baldwin Insurance Group in a report on Monday, June 22nd. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $30.89.

Baldwin Insurance Group Profile

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.