Public Employees Retirement System of Ohio Purchases New Shares in Baldwin Insurance Group, Inc. $BWIN

Key Points

• Public Employees Retirement System of Ohio acquired 89,248 Baldwin Insurance Group shares worth approximately $2.37 million, while institutional investors collectively own 77.49% of the company.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $30.33; UBS raised its target to $37.
• Baldwin Insurance Group exceeded quarterly earnings expectations with $0.48 EPS and $492.94 million in revenue, up 30.1% year over year. Shares recently opened at $30.88, near their 52-week high of $32.59.

Public Employees Retirement System of Ohio acquired a new position in shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 89,248 shares of the company's stock, valued at approximately $2,372,000. Public Employees Retirement System of Ohio owned about 0.06% of Baldwin Insurance Group as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp acquired a new position in shares of Baldwin Insurance Group during the second quarter worth approximately $81,796,000. William Blair Investment Management LLC increased its holdings in shares of Baldwin Insurance Group by 47.8% in the fourth quarter. William Blair Investment Management LLC now owns 7,543,813 shares of the company's stock valued at $181,278,000 after purchasing an additional 2,439,118 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its position in Baldwin Insurance Group by 11,089.9% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,717,538 shares of the company's stock worth $37,683,000 after purchasing an additional 1,702,189 shares during the last quarter. MetLife Investment Management LLC raised its position in Baldwin Insurance Group by 1,376.4% in the 4th quarter. MetLife Investment Management LLC now owns 619,292 shares of the company's stock worth $14,882,000 after purchasing an additional 577,345 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new position in Baldwin Insurance Group during the 3rd quarter worth $14,177,000. Institutional investors and hedge funds own 77.49% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on BWIN. UBS Group increased their price objective on Baldwin Insurance Group from $35.00 to $37.00 and gave the company a "buy" rating in a research report on Monday, August 3rd. Keefe, Bruyette & Woods upped their price target 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. JPMorgan Chase & Co. upped their price target on Baldwin Insurance Group from $28.00 to $30.00 and gave the company an "overweight" rating in a research note on Monday, July 13th. Zacks Research upgraded Baldwin Insurance Group from a "strong sell" rating to a "hold" rating in a research report on Friday, June 12th. Finally, Morgan Stanley set a $28.00 price objective on Baldwin Insurance Group in a report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Baldwin Insurance Group currently has an average rating of "Moderate Buy" and a consensus target price of $30.33.

Baldwin Insurance Group Stock Performance

Shares of Baldwin Insurance Group stock opened at $30.88 on Friday. The firm has a fifty day moving average of $28.69 and a two-hundred day moving average of $23.70. The stock has a market capitalization of $4.31 billion, a price-to-earnings ratio of -29.69, a PEG ratio of 1.00 and a beta of 1.03. Baldwin Insurance Group, Inc. has a 52 week low of $15.88 and a 52 week high of $32.59. 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 posted its quarterly earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, beating 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 quarter in the prior year, the business posted $0.42 EPS. The firm's quarterly 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, equities research analysts predict that Baldwin Insurance Group, Inc. will post 1.44 EPS for the current year.

Baldwin Insurance Group Company 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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