Baldwin Insurance Group (NASDAQ:BWIN) Downgraded by Raymond James Financial to “Strong Sell”

Raymond James Financial lowered shares of Baldwin Insurance Group (NASDAQ:BWIN) from a strong-buy rating to a strong sell rating in a report issued on Wednesday,Zacks reports.

A number of other equities analysts also recently commented on BWIN. William Blair downgraded Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a report on Monday, September 14th. BMO Capital Markets increased their target price on shares of Baldwin Insurance Group from $26.00 to $32.50 and gave the stock a “market perform” rating in a research report on Tuesday, September 15th. UBS Group raised their price target on shares of Baldwin Insurance Group from $35.00 to $37.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Weiss Ratings raised shares of Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, July 8th. Finally, Wells Fargo & Company boosted 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 note on Monday, August 3rd. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $31.17.

Baldwin Insurance Group Stock Down 0.3%

Shares of BWIN opened at $31.85 on Wednesday. The firm has a market cap of $4.44 billion, a PE ratio of -30.62, a price-to-earnings-growth ratio of 1.03 and a beta of 1.03. The company’s fifty day moving average is $29.77 and its two-hundred day moving average is $24.84. Baldwin Insurance Group has a fifty-two week low of $15.88 and a fifty-two week high of $32.71. 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 (NASDAQ:BWIN) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. The business had revenue of $492.94 million during the quarter, compared to the consensus estimate of $492.33 million. Baldwin Insurance Group had a positive return on equity of 12.67% and a negative net margin of 4.67%.The business’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.42 EPS. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. Analysts forecast that Baldwin Insurance Group will post 1.44 earnings per share for the current year.

Institutional Investors Weigh In On Baldwin Insurance Group

Several hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC acquired a new stake 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 first quarter. EverSource Wealth Advisors LLC now owns 1,278 shares of the company’s stock worth $28,000 after purchasing an additional 900 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of Baldwin Insurance Group by 666.5% in the fourth quarter. Larson Financial Group LLC now owns 1,211 shares of the company’s stock valued at $29,000 after purchasing an additional 1,053 shares during the period. Versant Capital Management Inc boosted its stake in shares of Baldwin Insurance Group by 43.3% in the second quarter. Versant Capital Management Inc now owns 1,201 shares of the company’s stock valued at $32,000 after purchasing an additional 363 shares during the period. Finally, Wealth Preservation Advisors LLC acquired a new stake in Baldwin Insurance Group during the 4th quarter valued at $46,000. 77.49% of the stock is currently owned by hedge funds and other institutional investors.

Baldwin Insurance Group Company Profile

The Baldwin Insurance Group, Inc, operating under The Baldwin Group brand and traded on Nasdaq under the symbol BWIN, is an independent insurance distribution and advisory company. It helps individuals, businesses and organizations assess risks and obtain insurance coverage through a network of retail brokerage, wholesale brokerage, managing general agency and related insurance businesses.

The company offers commercial and personal property and casualty insurance, employee benefits, risk management and specialty insurance solutions.