Baldwin Insurance Group (NASDAQ:BWIN) Shares Gap Up – Here’s What Happened

Baldwin Insurance Group, Inc. (NASDAQ:BWIN) gapped up prior to trading on Monday . The stock had previously closed at $29.65, but opened at $31.84. Baldwin Insurance Group shares last traded at $31.8050, with a volume of 10,944,322 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. boosted 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. Weiss Ratings upgraded Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, July 8th. Keefe, Bruyette & Woods lifted their price objective on Baldwin Insurance Group from $26.00 to $31.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. TD Cowen restated a “buy” rating on shares of Baldwin Insurance Group in a research report on Monday, June 15th. Finally, BMO Capital Markets boosted their price objective on Baldwin Insurance Group from $23.00 to $25.00 and gave the company a “market perform” rating in a research report on Tuesday, June 23rd. One equities research 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 given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $30.33.

Baldwin Insurance Group Stock Performance

The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a 50 day moving average price of $28.92 and a two-hundred day moving average price of $24.20. The company has a market capitalization of $4.45 billion, a P/E ratio of -30.71, a price-to-earnings-growth ratio of 0.96 and a beta of 1.03.

Baldwin Insurance Group (NASDAQ:BWIN) last issued its earnings results on Thursday, July 30th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.47 by $0.01. Baldwin Insurance Group had a negative net margin of 4.67% and a positive return on equity of 12.67%. 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 previous year, the company earned $0.42 EPS. The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. On average, research analysts expect that Baldwin Insurance Group, Inc. will post 1.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC bought a new stake in Baldwin Insurance Group during the 2nd quarter worth approximately $25,000. Versant Capital Management Inc raised its position in Baldwin Insurance Group by 43.3% in the 2nd quarter. Versant Capital Management Inc now owns 1,201 shares of the company’s stock valued at $32,000 after purchasing an additional 363 shares during the last quarter. Larson Financial Group LLC raised its position in Baldwin Insurance Group by 666.5% in the 4th quarter. Larson Financial Group LLC now owns 1,211 shares of the company’s stock valued at $29,000 after purchasing an additional 1,053 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Baldwin Insurance Group by 238.1% in the first quarter. EverSource Wealth Advisors LLC now owns 1,278 shares of the company’s stock worth $28,000 after purchasing an additional 900 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in Baldwin Insurance Group in the third quarter worth $39,000. 77.49% of the stock is owned by institutional investors and hedge funds.

About Baldwin Insurance Group

The Baldwin Insurance Group, Inc, operating under The Baldwin Group brand and traded on Nasdaq under the symbol BWIN, is an independent insurance distribution and advisory company. It helps individuals, businesses and organizations assess risks and obtain insurance coverage through a network of retail brokerage, wholesale brokerage, managing general agency and related insurance businesses.

The company offers commercial and personal property and casualty insurance, employee benefits, risk management and specialty insurance solutions.