Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Shares Shorted: Short Interest Down 41.0% in September

Key Points

• Baldwin Insurance Group’s short interest fell 41% to 7.5 million shares as of September 30, representing about 6.4% of shares outstanding and a short-interest ratio of 1.4 days.
• Institutional investors own approximately 77.5% of BWIN, with several funds increasing their positions or initiating new stakes during the second and third quarters.
• Analyst sentiment weakened, with multiple firms downgrading the stock; BWIN has a consensus “Reduce” rating and an average price target of $31.20, below its reported $31.92 share price.

Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Get Free Report) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 7,503,095 shares, a decline of 41.0% from the September 15th total of 12,717,049 shares. Based on an average trading volume of 5,469,805 shares, the short-interest ratio is presently 1.4 days. Approximately 6.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BWIN. GAMMA Investing LLC raised its holdings in Baldwin Insurance Group by 146.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,791 shares of the company's stock worth $57,000 after purchasing an additional 1,064 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Baldwin Insurance Group by 102.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,039 shares of the company's stock valued at $33,000 after buying an additional 525 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Baldwin Insurance Group in the 2nd quarter worth approximately $25,000. Arizona State Retirement System raised its position in shares of Baldwin Insurance Group by 8.5% during 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 during the period. Finally, Nykredit A S purchased a new position in shares of Baldwin Insurance Group during the 2nd quarter valued at $109,000. 77.49% of the stock is owned by hedge funds and other institutional investors.

Baldwin Insurance Group Trading Up 0.2%

Shares of BWIN stock opened at $31.92 on Thursday. The business has a 50-day moving average of $31.10 and a 200 day moving average of $25.97. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.07 and a quick ratio of 1.07. Baldwin Insurance Group has a 1-year low of $15.88 and a 1-year high of $32.71. The stock has a market capitalization of $4.45 billion, a PE ratio of 32.19, a P/E/G ratio of 1.03 and a beta of 1.00.

Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) last announced its quarterly earnings results 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 business had revenue of $492.94 million for the quarter, compared to analysts' expectations of $492.33 million. During the same period in the previous year, the firm earned $0.42 EPS. The business'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, sell-side analysts anticipate that Baldwin Insurance Group will post 1.44 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on BWIN shares. UBS Group downgraded Baldwin Insurance Group from a "buy" rating to a "neutral" rating and lowered their price target for the company 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. TD Cowen lowered Baldwin Insurance Group from a "buy" rating to a "hold" rating and reduced their price objective for the company from $37.00 to $32.50 in a research report on Monday. William Blair cut Baldwin Insurance Group from an "outperform" rating to a "hold" rating in a report on Monday, September 14th. Finally, BMO Capital Markets raised their price objective on Baldwin Insurance Group from $26.00 to $32.50 and gave the company a "market perform" rating in a report on Tuesday, September 15th. One research analyst has rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Reduce" and a consensus target price of $31.20.

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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