89,248 Shares in Baldwin Insurance Group, Inc. $BWIN Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 89,248 shares of the company’s stock, valued at approximately $2,372,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Madison Asset Management LLC bought a new position in Baldwin Insurance Group during the second quarter worth about $2,750,000. Summit Creek Advisors LLC bought a new stake in shares of Baldwin Insurance Group in the second quarter worth about $1,767,000. Bank of New York Mellon Corp acquired a new stake in shares of Baldwin Insurance Group during the second quarter worth about $81,796,000. Versant Capital Management Inc raised its position in shares of Baldwin Insurance Group by 43.3% during the second quarter. Versant Capital Management Inc now owns 1,201 shares of the company’s stock worth $32,000 after purchasing an additional 363 shares during the period. Finally, Bank of America Corp DE lifted its holdings in shares of Baldwin Insurance Group by 51.9% during the 1st 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. 77.49% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. TD Cowen reiterated a “buy” rating on shares of Baldwin Insurance Group in a research report on Monday, June 15th. Zacks Research raised shares of Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. Wells Fargo & Company upped their price target on shares of Baldwin Insurance Group from $27.00 to $28.00 and gave the company an “equal weight” rating in a report on Monday, August 3rd. Weiss Ratings raised shares of Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, July 8th. Finally, Morgan Stanley set a $28.00 price objective on shares of Baldwin Insurance Group in a report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Baldwin Insurance Group presently has an average rating of “Moderate Buy” and an average price target of $30.33.

Baldwin Insurance Group Stock Down 1.1%

Shares of Baldwin Insurance Group stock opened at $30.88 on Friday. The firm has a market cap of $4.31 billion, a PE ratio of -29.69, a P/E/G ratio of 1.00 and a beta of 1.03. The business’s 50 day simple moving average is $28.69 and its 200 day simple moving average is $23.70. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.07 and a current ratio of 1.07. Baldwin Insurance Group, Inc. has a 52-week low of $15.88 and a 52-week high of $32.59.

Baldwin Insurance Group (NASDAQ:BWIN) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $492.33 million. During the same period last year, the business 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. On average, analysts predict that Baldwin Insurance Group, Inc. will post 1.44 earnings per share for the current fiscal year.

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.