William Blair Has Optimistic Outlook of BWIN FY2025 Earnings

Key Points

• William Blair raised its FY2025 earnings estimate for Baldwin Insurance Group to $1.32 per share, an increase from the previous estimate of $1.30, while the current consensus is at $1.01 per share.
• Several brokerages including BMO Capital Markets and Wells Fargo adjusted their target prices for Baldwin Insurance Group, with the stock receiving ratings ranging from "buy" to "sell" across various analysts.
• Insider sales at Baldwin Insurance Group are notable, with directors selling over 451,000 shares valued at approximately $17.7 million in the last 90 days, indicating significant insider activity.

Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) - Equities research analysts at William Blair lifted their FY2025 earnings per share (EPS) estimates for Baldwin Insurance Group in a report released on Thursday, July 24th. William Blair analyst A. Klauber now forecasts that the company will earn $1.32 per share for the year, up from their prior forecast of $1.30. The consensus estimate for Baldwin Insurance Group's current full-year earnings is $1.01 per share.

Several other analysts have also issued reports on the stock. BMO Capital Markets cut their price target on shares of Baldwin Insurance Group from $51.00 to $50.00 and set an "outperform" rating for the company in a research report on Friday, June 13th. JPMorgan Chase & Co. reissued a "neutral" rating and set a $45.00 price target (up previously from $39.00) on shares of Baldwin Insurance Group in a research report on Tuesday, April 8th. Wells Fargo & Company lifted their price target on shares of Baldwin Insurance Group from $34.00 to $36.00 and gave the stock an "underweight" rating in a research note on Thursday, July 10th. Jefferies Financial Group lifted their price target on shares of Baldwin Insurance Group from $41.00 to $42.00 and gave the stock a "hold" rating in a research note on Friday, April 11th. Finally, Wall Street Zen cut shares of Baldwin Insurance Group from a "hold" rating to a "sell" rating in a research note on Monday, July 7th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $45.17.

Baldwin Insurance Group Price Performance

BWIN traded up $0.22 during trading on Monday, reaching $37.01. The stock had a trading volume of 103,843 shares, compared to its average volume of 613,315. The business has a 50-day moving average of $40.03 and a 200-day moving average of $40.78. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.13 and a current ratio of 1.13. Baldwin Insurance Group has a one year low of $34.22 and a one year high of $55.82. The stock has a market cap of $4.39 billion, a PE ratio of -71.33, a PEG ratio of 1.45 and a beta of 1.64.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in BWIN. Otter Creek Advisors LLC raised its holdings in shares of Baldwin Insurance Group by 138.9% during the second quarter. Otter Creek Advisors LLC now owns 106,231 shares of the company's stock worth $4,548,000 after purchasing an additional 61,758 shares during the last quarter. Aubrey Capital Management Ltd grew its position in shares of Baldwin Insurance Group by 96.0% in the second quarter. Aubrey Capital Management Ltd now owns 82,300 shares of the company's stock valued at $3,523,000 after purchasing an additional 40,300 shares during the period. Verdence Capital Advisors LLC lifted its stake in shares of Baldwin Insurance Group by 8.1% in the second quarter. Verdence Capital Advisors LLC now owns 7,921 shares of the company's stock worth $339,000 after buying an additional 595 shares in the last quarter. Cyndeo Wealth Partners LLC purchased a new position in Baldwin Insurance Group during the second quarter worth about $214,000. Finally, IFP Advisors Inc raised its stake in Baldwin Insurance Group by 3,664.0% during the second quarter. IFP Advisors Inc now owns 2,823 shares of the company's stock worth $128,000 after purchasing an additional 2,748 shares during the period. Hedge funds and other institutional investors own 77.49% of the company's stock.

Insider Buying and Selling at Baldwin Insurance Group

In related news, Director Lowry Baldwin sold 50,000 shares of the company's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $38.98, for a total transaction of $1,949,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel Seth Bala Cohen sold 4,496 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $39.58, for a total transaction of $177,951.68. Following the transaction, the general counsel owned 13,240 shares in the company, valued at approximately $524,039.20. This represents a 25.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 451,380 shares of company stock valued at $17,731,131. Corporate insiders own 18.51% of the company's stock.

Baldwin Insurance Group Company Profile

The Baldwin Insurance Group, Inc operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. It operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions.