Madison Asset Management LLC Purchases New Stake in Baldwin Insurance Group, Inc. $BWIN

Madison Asset Management LLC acquired a new position in shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 103,470 shares of the company's stock, valued at approximately $2,750,000. Madison Asset Management LLC owned about 0.07% of Baldwin Insurance Group at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of BWIN. EverSource Wealth Advisors LLC boosted its holdings in shares of Baldwin Insurance Group by 238.1% in the 1st 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 period. Larson Financial Group LLC grew its position in shares of Baldwin Insurance Group by 666.5% during the 4th quarter. Larson Financial Group LLC now owns 1,211 shares of the company's stock valued at $29,000 after buying an additional 1,053 shares during the last quarter. Versant Capital Management Inc raised its stake 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 worth $32,000 after acquiring an additional 363 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Baldwin Insurance Group in the third quarter worth about $39,000. Finally, Wealth Preservation Advisors LLC bought a new position in Baldwin Insurance Group in the fourth quarter worth about $46,000. 77.49% of the stock is owned by institutional investors and hedge funds.

Baldwin Insurance Group Stock Up 1.0%

Shares of BWIN stock opened at $31.45 on Friday. Baldwin Insurance Group, Inc. has a 1 year low of $15.88 and a 1 year high of $34.79. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.07 and a current ratio of 1.07. The business's fifty day moving average is $26.62 and its 200-day moving average is $22.77. The stock has a market cap of $4.39 billion, a PE ratio of -30.24, a price-to-earnings-growth ratio of 1.04 and a beta of 1.08.

Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.01. The business had revenue of $492.94 million during the quarter, compared to analysts' expectations 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 company's quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter last year, the business posted $0.42 earnings per share. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. Equities analysts expect that Baldwin Insurance Group, Inc. will post 1.38 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BWIN has been the subject of a number of research reports. Keefe, Bruyette & Woods lifted their target price on Baldwin Insurance Group from $26.00 to $31.00 and gave the company an "outperform" rating in a research note on Wednesday, July 8th. Zacks Research raised Baldwin Insurance Group from a "strong sell" rating to a "hold" rating in a report on Friday, June 12th. UBS Group raised their price target on Baldwin Insurance Group from $35.00 to $37.00 and gave the stock a "buy" rating in a report on Monday, August 3rd. Weiss Ratings upgraded 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 upped their price objective on 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. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $30.33.

Baldwin Insurance Group Profile

Baldwin Insurance Group, Inc NASDAQ: BWIN is a specialty insurance and surety firm that underwrites contract bonds, commercial insurance policies and related risk-management services. Its core offerings include contract and commercial surety, which provide performance and payment guarantees to obligees in construction, service and public-sector projects. In addition, the company delivers complementary commercial lines coverages designed to mitigate liability, property and workers' compensation exposures.

Through a network of regional agency offices primarily across the Midwestern United States, Baldwin Insurance Group serves contractors, developers, small and mid-sized businesses as well as municipal and public-sector clients.

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