Corient Private Wealth LP Sells 486,332 Shares of Baldwin Insurance Group, Inc. $BWIN

Key Points

• Corient Private Wealth LP reduced its Baldwin Insurance Group stake by 96.8%, selling 486,332 shares and retaining 16,129 shares valued at approximately $429,000.
• Other institutional investors added or initiated positions, and institutional ownership remains high at 77.49% of BWIN’s outstanding shares.
• Baldwin reported quarterly revenue of $492.94 million, up 30.1% year over year, and EPS of $0.48, slightly above estimates. Analysts’ consensus rating is Hold, with an average price target of $31.39.

Corient Private Wealth LP cut its stake in Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) by 96.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,129 shares of the company's stock after selling 486,332 shares during the period. Corient Private Wealth LP's holdings in Baldwin Insurance Group were worth $429,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of BWIN. HB Wealth Management LLC grew its position in Baldwin Insurance Group by 38.6% during the 2nd quarter. HB Wealth Management LLC now owns 103,226 shares of the company's stock worth $2,744,000 after purchasing an additional 28,775 shares during the last quarter. Nykredit A S purchased a new stake in Baldwin Insurance Group during the second quarter worth about $109,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Baldwin Insurance Group in the 2nd quarter worth approximately $2,372,000. Madison Asset Management LLC acquired a new stake in Baldwin Insurance Group in the second quarter valued at $2,750,000. Finally, Summit Creek Advisors LLC acquired a new stake in Baldwin Insurance Group in the 2nd quarter valued at about $1,767,000. Institutional investors and hedge funds own 77.49% of the company's stock.

Baldwin Insurance Group Trading Down 0.1%

Shares of BWIN opened at $31.77 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $4.43 billion, a P/E ratio of -30.55, a price-to-earnings-growth ratio of 1.03 and a beta of 1.00. The stock's fifty day simple moving average is $30.41 and its 200 day simple moving average is $25.31. Baldwin Insurance Group, Inc. has a twelve month low of $15.88 and a twelve month high of $32.71.

Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) 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. 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 the consensus estimate of $492.33 million. During the same period last year, the business posted $0.42 EPS. The company's quarterly revenue was up 30.1% compared to the same quarter last year. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. On average, equities research analysts forecast that Baldwin Insurance Group, Inc. will post 1.44 earnings per share for the current year.

Analyst Upgrades and Downgrades

BWIN has been the subject of a number of analyst reports. William Blair cut Baldwin Insurance Group from an "outperform" rating to a "hold" rating in a report on Monday, September 14th. TD Cowen reissued a "buy" rating on shares of Baldwin Insurance Group in a research note on Monday, June 15th. Morgan Stanley set a $28.00 target price on shares of Baldwin Insurance Group in a report on Monday, June 22nd. Weiss Ratings upgraded shares of Baldwin Insurance Group from a "sell (e+)" rating to a "sell (d-)" rating in a 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 company an "equal weight" rating in a research report on Monday, August 3rd. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Baldwin Insurance Group presently has an average rating of "Hold" and a consensus price target of $31.39.

Baldwin Insurance Group 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.

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