Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Sees Large Decrease in Short Interest

Baldwin Insurance Group, Inc. (NASDAQ:BWIN) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 7,503,095 shares, a drop of 41.0% from the September 15th total of 12,717,049 shares. Currently, 6.4% of the shares of the company are short sold. Based on an average daily volume of 5,469,805 shares, the short-interest ratio is presently 1.4 days.

Hedge Funds Weigh In On Baldwin Insurance Group

Several hedge funds have recently bought and sold shares of BWIN. Cyndeo Wealth Partners LLC acquired a new position in shares of Baldwin Insurance Group in the 3rd quarter valued at approximately $202,000. GAMMA Investing LLC boosted its position in shares of Baldwin Insurance Group by 146.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,791 shares of the company’s stock worth $57,000 after acquiring an additional 1,064 shares in the last quarter. Farther Finance Advisors LLC boosted 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 acquiring an additional 525 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in Baldwin Insurance Group in the second quarter valued at approximately $25,000. Finally, Arizona State Retirement System increased its stake in Baldwin Insurance Group by 8.5% in the second quarter. Arizona State Retirement System now owns 21,377 shares of the company’s stock valued at $568,000 after acquiring an additional 1,678 shares during the last quarter. 77.49% of the stock is owned by institutional investors.

Baldwin Insurance Group Price Performance

Shares of NASDAQ:BWIN traded down $0.02 during trading on Friday, reaching $31.91. 1,477,245 shares of the company traded hands, compared to its average volume of 3,043,432. The firm has a market capitalization of $4.45 billion, a PE ratio of -30.68, a PEG ratio of 1.03 and a beta of 1.00. Baldwin Insurance Group has a 52 week low of $15.88 and a 52 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. The company’s 50 day moving average is $31.21 and its two-hundred day moving average is $26.08.

Baldwin Insurance Group (NASDAQ:BWIN) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. Baldwin Insurance Group had a positive return on equity of 12.67% and a negative net margin of 4.67%. The company had revenue of $492.94 million for the quarter, compared to analysts’ expectations of $492.33 million. During the same quarter last year, the business earned $0.42 earnings per share. Baldwin Insurance Group’s 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, sell-side analysts predict that Baldwin Insurance Group will post 1.44 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. UBS Group downgraded Baldwin Insurance Group from a “buy” rating to a “neutral” rating and reduced their price target for the company from $37.00 to $32.50 in a research note on Friday, October 2nd. William Blair lowered Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a report on Monday, September 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Baldwin Insurance Group in a research report on Friday, October 2nd. Keefe, Bruyette & Woods cut Baldwin Insurance Group from an “outperform” rating to a “market perform” rating and set a $32.50 price objective on the stock. in a research report on Monday, October 12th. Finally, Wells Fargo & Company lifted their target price on Baldwin Insurance Group from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $31.20.

Baldwin Insurance Group Company 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.