Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Stock Now Rated “Reduce” by Sell-Side Analysts

Baldwin Insurance Group, Inc. (NASDAQ:BWIN) has earned a consensus rating of “Reduce” from the twelve analysts that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $31.20.

BWIN has been the topic of a number of research analyst reports. BMO Capital Markets increased 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 report on Tuesday, September 15th. UBS Group downgraded 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 lowered shares of Baldwin Insurance Group from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, September 23rd. William Blair cut Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a report on Monday, September 14th. Finally, Keefe, Bruyette & Woods downgraded Baldwin Insurance Group from an “outperform” rating to a “market perform” rating and set a $32.50 price target on the stock. in a research note on Monday, October 12th.

Baldwin Insurance Group Stock Performance

Shares of BWIN stock opened at $32.14 on Thursday. The company has a 50 day moving average price of $31.50 and a 200-day moving average price of $25.22. Baldwin Insurance Group has a 52 week low of $15.88 and a 52 week high of $32.71. The firm has a market capitalization of $4.48 billion, a PE ratio of 32.31, a P/E/G ratio of 1.03 and a beta of 0.98. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.73.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BWIN. Integrated Wealth Concepts LLC purchased a new position in shares of Baldwin Insurance Group in the second quarter worth approximately $25,000. Farther Finance Advisors LLC grew its position in Baldwin Insurance Group by 102.1% during the third quarter. Farther Finance Advisors LLC now owns 1,039 shares of the company’s stock valued at $33,000 after buying an additional 525 shares during the period. Versant Capital Management Inc increased its holdings in Baldwin Insurance Group by 43.3% during the second quarter. Versant Capital Management Inc now owns 1,201 shares of the company’s stock valued at $32,000 after buying an additional 363 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Baldwin Insurance Group by 238.1% during the first quarter. EverSource Wealth Advisors LLC now owns 1,278 shares of the company’s stock valued at $28,000 after buying an additional 900 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in Baldwin Insurance Group by 146.4% in the third quarter. GAMMA Investing LLC now owns 1,791 shares of the company’s stock worth $57,000 after acquiring an additional 1,064 shares during the period. Institutional investors own 77.49% of the company’s stock.

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.