Baldwin Insurance Group (NASDAQ:BWIN) Stock Gets Downgrade from TD Cowen

Key Points

• TD Cowen downgraded Baldwin Insurance Group from “buy” to “hold,” adding to a generally negative analyst consensus of “Reduce.” The consensus price target is $31.06, with one Buy, nine Hold, and two Sell ratings.
• BWIN opened at $31.87, near its 52-week high of $32.71, and has risen above its 50-day and 200-day moving averages. The company has a $4.45 billion market capitalization and a negative P/E ratio.
• Despite a negative net margin, the company’s latest quarterly results modestly exceeded expectations, with $0.48 EPS and $492.94 million in revenue; revenue increased 30.1% year over year. Institutional investors own approximately 77.49% of the stock.

Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) was downgraded by TD Cowen from a "buy" rating to a "hold" rating in a report released on Monday, Marketbeat.com reports.

BWIN has been the subject of several other reports. Weiss Ratings reissued a "sell (d-)" rating on shares of Baldwin Insurance Group in a research note on Friday, October 2nd. JPMorgan Chase & Co. downgraded Baldwin Insurance Group from an "overweight" rating to a "neutral" rating and upped their price objective for the stock from $30.00 to $32.00 in a report on Thursday, October 1st. UBS Group lowered 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 report on Wednesday, September 23rd. Finally, Morgan Stanley set a $28.00 price target on Baldwin Insurance Group in a research report on Monday, June 22nd. One analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Reduce" and a consensus price target of $31.06.

Baldwin Insurance Group Price Performance

BWIN opened at $31.87 on Monday. Baldwin Insurance Group has a 1 year low of $15.88 and a 1 year high of $32.71. The company's 50 day simple moving average is $30.92 and its 200 day simple moving average is $25.75. The stock has a market capitalization of $4.45 billion, a PE ratio of -30.64, a P/E/G ratio of 1.03 and a beta of 1.00. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.07 and a current ratio of 1.07.

Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.47 by $0.01. The firm had revenue of $492.94 million during the quarter, compared to analyst estimates of $492.33 million. Baldwin Insurance Group had a negative net margin of 4.67% and a positive return on equity of 12.67%. Baldwin Insurance Group's revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.42 earnings per share. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. As a group, sell-side analysts expect that Baldwin Insurance Group will post 1.44 EPS for the current year.

Institutional Investors Weigh In On Baldwin Insurance Group

Several institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC lifted its holdings 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 valued at $57,000 after acquiring an additional 1,064 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Baldwin Insurance Group by 102.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,039 shares of the company's stock valued at $33,000 after purchasing an additional 525 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Baldwin Insurance Group in the 2nd quarter valued at $25,000. Arizona State Retirement System increased its holdings in Baldwin Insurance Group by 8.5% in the 2nd quarter. Arizona State Retirement System now owns 21,377 shares of the company's stock valued at $568,000 after purchasing an additional 1,678 shares in the last quarter. Finally, Nykredit A S purchased a new position in Baldwin Insurance Group in the second quarter valued at about $109,000. 77.49% of the stock is currently owned by hedge funds and other institutional investors.

About Baldwin Insurance Group

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.

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