Transmarket Holdings LP Purchases 56,085 Shares of Baldwin Insurance Group, Inc. $BWIN

Key Points

• Transmarket Holdings LP purchased 56,085 shares of Baldwin Insurance Group in the third quarter, valued at approximately $1.78 million. Institutional investors collectively own 77.49% of the company.
• Baldwin reported quarterly earnings of $0.43 per share, in line with analyst expectations, while revenue increased 31.4% year over year. Analysts expect full-year earnings of $1.44 per share.
• Analyst sentiment remains cautious: Baldwin has a consensus “Reduce” rating and an average price target of $31.20, below its reported share price of $31.95.

Transmarket Holdings LP purchased a new stake in Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 56,085 shares of the company's stock, valued at approximately $1,783,000. Baldwin Insurance Group comprises about 1.0% of Transmarket Holdings LP's holdings, making the stock its 21st biggest holding.

Other large investors have also bought and sold shares of the company. Bank of New York Mellon Corp purchased a new position in Baldwin Insurance Group during the 2nd quarter worth $81,796,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Baldwin Insurance Group by 11,089.9% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,717,538 shares of the company's stock valued at $37,683,000 after purchasing an additional 1,702,189 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Baldwin Insurance Group by 51.9% during the first quarter. Bank of America Corp DE now owns 848,407 shares of the company's stock valued at $18,614,000 after purchasing an additional 289,879 shares in the last quarter. Equitable Trust Co. bought a new position in shares of Baldwin Insurance Group during the first quarter valued at about $6,209,000. Finally, Peregrine Capital Management LLC bought a new position in shares of Baldwin Insurance Group during the first quarter valued at about $5,856,000. 77.49% of the stock is currently owned by institutional investors.

Baldwin Insurance Group Trading Up 0.1%

Shares of Baldwin Insurance Group stock opened at $31.95 on Thursday. The firm has a market cap of $4.46 billion, a PE ratio of -30.72, a P/E/G ratio of 1.03 and a beta of 1.00. Baldwin Insurance Group, Inc. has a 1 year low of $15.88 and a 1 year high of $32.71. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a fifty day moving average price of $31.44 and a 200-day moving average price of $25.07.

Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) last issued its quarterly earnings results on Tuesday, November 3rd. The company reported $0.43 earnings per share for the quarter, hitting analysts' consensus estimates of $0.43. Baldwin Insurance Group had a negative net margin of 4.67% and a positive return on equity of 12.67%. The firm's revenue was up 31.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.31 EPS. Equities research analysts anticipate that Baldwin Insurance Group, Inc. will post 1.44 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BWIN. JPMorgan Chase & Co. cut shares of Baldwin Insurance Group from an "overweight" rating to a "neutral" rating and boosted their price target for the stock from $30.00 to $32.00 in a report on Thursday, October 1st. Weiss Ratings reiterated a "sell (d-)" rating on shares of Baldwin Insurance Group in a research note on Friday, October 2nd. William Blair lowered shares of Baldwin Insurance Group from an "outperform" rating to a "hold" rating in a research note on Monday, September 14th. UBS Group cut shares of Baldwin Insurance Group from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $37.00 to $32.50 in a research report on Friday, October 2nd. Finally, BMO Capital Markets boosted their target price on Baldwin Insurance Group from $26.00 to $32.50 and gave the stock a "market perform" rating in a research note on Tuesday, September 15th. One equities research analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Baldwin Insurance Group presently has a consensus rating of "Reduce" and an average target price of $31.20.

Baldwin Insurance Group Profile

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.

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