Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Stock Has Consensus Target Price of $31.20 According to Analysts

Shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN) have earned an average recommendation of “Reduce” from the twelve brokerages that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $31.20.

BWIN has been the topic of several research reports. TD Cowen cut shares of Baldwin Insurance Group from a “buy” rating to a “hold” rating and lowered their price objective for the company from $37.00 to $32.50 in a research report on Monday, October 12th. UBS Group lowered shares of Baldwin Insurance Group from a “buy” rating to a “neutral” rating and cut their target price for the stock from $37.00 to $32.50 in a research report on Friday, October 2nd. Raymond James Financial cut Baldwin Insurance Group from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, September 23rd. JPMorgan Chase & Co. downgraded Baldwin Insurance Group from an “overweight” rating to a “neutral” rating and raised their price target for the company from $30.00 to $32.00 in a research report on Thursday, October 1st. Finally, BMO Capital Markets raised their price target on Baldwin Insurance Group from $26.00 to $32.50 and gave the company a “market perform” rating in a research report on Tuesday, September 15th.

Baldwin Insurance Group Price Performance

BWIN stock opened at $31.92 on Thursday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.07 and a quick ratio of 1.07. Baldwin Insurance Group has a one year low of $15.88 and a one year high of $32.71. The stock has a market cap of $4.45 billion, a PE ratio of 32.27, a P/E/G ratio of 1.03 and a beta of 1.00. The firm has a 50 day simple moving average of $31.46 and a two-hundred day simple moving average of $25.16.

Hedge Funds Weigh In On Baldwin Insurance Group

Several institutional investors have recently modified their holdings of BWIN. Bank of New York Mellon Corp lifted its position in Baldwin Insurance Group by 36.3% in the 1st quarter. Bank of New York Mellon Corp now owns 3,918,087 shares of the company’s stock worth $85,963,000 after buying an additional 1,044,200 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position 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 valued at $37,683,000 after acquiring an additional 1,702,189 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Baldwin Insurance Group by 16.8% during the first quarter. Dimensional Fund Advisors LP now owns 1,333,871 shares of the company’s stock valued at $29,265,000 after acquiring an additional 191,482 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Baldwin Insurance Group by 12.6% during the first quarter. Janus Henderson Group PLC now owns 881,885 shares of the company’s stock worth $19,348,000 after acquiring an additional 98,600 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of 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 in the last quarter. 77.49% of the stock is currently owned by institutional investors.

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.