Wells Fargo & Company Raises Baldwin Insurance Group (NASDAQ:BWIN) Price Target to $24.00

Key Points

• Wells Fargo raised its price target on Baldwin Insurance Group (NASDAQ:BWIN) from $23 to $24 and kept an "equal weight" rating, implying roughly a 9.6% upside from the prior close.
• Q1 revenue beat — BWIN reported $532.2M in Q1 revenue (up ~29% YoY) but missed EPS by $0.01 ($0.63 vs. $0.64), and issued Q2 revenue guidance of $485–$495M which is below consensus and may pressure near‑term sentiment.
• Analyst coverage is mixed with a consensus "Hold" and an average price target of $30.25, while insiders own about 20% of the stock amid recent insider selling and a director purchase.

Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) had its price target upped by equities research analysts at Wells Fargo & Company from $23.00 to $24.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has an "equal weight" rating on the stock. Wells Fargo & Company's price objective would suggest a potential upside of 9.64% from the stock's previous close.

Several other brokerages have also issued reports on BWIN. TD Cowen assumed coverage on shares of Baldwin Insurance Group in a research report on Wednesday, February 25th. They issued a "buy" rating on the stock. Zacks Research lowered shares of Baldwin Insurance Group from a "hold" rating to a "strong sell" rating in a research note on Friday, February 6th. Bank of America lowered their price objective on Baldwin Insurance Group from $38.00 to $36.00 and set a "buy" rating on the stock in a report on Tuesday, April 14th. Raymond James Financial upgraded Baldwin Insurance Group from an "outperform" rating to a "strong-buy" rating and boosted their price objective for the stock from $20.00 to $30.00 in a research note on Friday, February 27th. Finally, Weiss Ratings reissued a "sell (e+)" rating on shares of Baldwin Insurance Group in a report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $30.25.

Baldwin Insurance Group Stock Down 0.4%

Shares of BWIN opened at $21.89 on Tuesday. The firm has a market cap of $3.13 billion, a P/E ratio of -44.68, a PEG ratio of 0.85 and a beta of 1.23. Baldwin Insurance Group has a 12 month low of $15.88 and a 12 month high of $45.16. The stock's 50 day moving average is $21.91 and its two-hundred day moving average is $23.26. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.54.

Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) last announced its earnings results on Monday, May 4th. The company reported $0.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.64 by ($0.01). Baldwin Insurance Group had a negative net margin of 2.25% and a positive return on equity of 12.60%. The business had revenue of $532.24 million for the quarter, compared to analysts' expectations of $524.07 million. During the same quarter last year, the business earned $0.65 EPS. The company's quarterly revenue was up 28.7% on a year-over-year basis. Analysts predict that Baldwin Insurance Group will post 1.27 earnings per share for the current fiscal year.

Insider Transactions at Baldwin Insurance Group

In related news, major shareholder Elizabeth Krystyn sold 119,987 shares of the business's stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $21.25, for a total transaction of $2,549,723.75. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Paul Eugene Sparks acquired 29,000 shares of the company's stock in a transaction that occurred on Monday, March 2nd. The shares were acquired at an average cost of $22.96 per share, with a total value of $665,840.00. Following the purchase, the director owned 981,506 shares in the company, valued at $22,535,377.76. This represents a 3.04% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 20.14% of the company's stock.

Hedge Funds Weigh In On Baldwin Insurance Group

A number of hedge funds have recently modified their holdings of BWIN. Fifth Third Bancorp purchased a new stake in shares of Baldwin Insurance Group in the 1st quarter valued at approximately $1,738,000. Equitable Trust Co. acquired a new stake in Baldwin Insurance Group in the 1st quarter valued at approximately $6,209,000. HB Wealth Management LLC raised its position in Baldwin Insurance Group by 1.0% in the first quarter. HB Wealth Management LLC now owns 74,451 shares of the company's stock valued at $1,633,000 after purchasing an additional 703 shares during the period. Peregrine Capital Management LLC purchased a new stake in Baldwin Insurance Group in the first quarter valued at approximately $5,856,000. Finally, Wealth Preservation Advisors LLC acquired a new position in Baldwin Insurance Group during the fourth quarter worth $46,000. 77.49% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Baldwin Insurance Group

Here are the key news stories impacting Baldwin Insurance Group this week:

• Positive Sentiment: Expanded Anthropic partnership — Baldwin announced an expanded enterprise relationship with Anthropic to accelerate scaled deployment of advanced AI across insurance operations; the market likely views this as a productivity/margin tailwind and a catalyst for digital transformation. Article Title
• Positive Sentiment: Q1 revenue beat and strong growth — Baldwin reported total Q1 revenue of $532.2M, up ~29% year-over-year (organic revenue +2%); revenue exceeded consensus and signals continued top-line momentum. Article Title
• Neutral Sentiment: Q1 earnings call transcript available — the full transcript provides management commentary and color on pricing, renewal trends, acquisition pipeline and AI rollout; useful for investors parsing forward guidance drivers. Article Title
• Neutral Sentiment: Analyst/coverage pieces summarize metrics — coverage (Zacks, Yahoo Finance) provides additional context on Q1 metrics vs. estimates and factors to watch (acquisitions, loss ratios, expense leverage). Article Title
• Negative Sentiment: Q2 guidance light on revenue — Baldwin updated Q2 2026 guidance to EPS $0.440–$0.480 (around consensus) but set revenue guidance of $485–$495M, below the consensus of ~$502M; lower near-term revenue guidance is a clear headwind and likely the main reason some selling pressure emerged.
• Negative Sentiment: Small Q1 EPS miss — Q1 EPS was $0.63, missing the Zacks/consensus $0.64 by $0.01; while the miss is modest, it adds to caution given the softer revenue outlook. Article Title

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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