Wells Fargo & Company Issues Pessimistic Forecast for Baldwin Insurance Group (NASDAQ:BWIN) Stock Price

Baldwin Insurance Group (NASDAQ:BWIN) had its price objective cut by equities researchers at Wells Fargo & Company from $27.00 to $21.00 in a report released on Friday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price objective suggests a potential downside of 9.60% from the company’s current price.

Several other research firms have also commented on BWIN. Weiss Ratings reiterated a “sell (e+)” rating on shares of Baldwin Insurance Group in a research report on Monday, December 29th. JPMorgan Chase & Co. dropped their target price on Baldwin Insurance Group from $33.00 to $28.00 and set a “neutral” rating for the company in a report on Wednesday, January 7th. Jefferies Financial Group restated a “hold” rating and set a $28.00 price target on shares of Baldwin Insurance Group in a report on Monday, December 15th. Raymond James Financial upgraded Baldwin Insurance Group from an “outperform” rating to a “strong-buy” rating and raised their price target for the stock from $20.00 to $30.00 in a research report on Friday. Finally, BMO Capital Markets cut their price objective on shares of Baldwin Insurance Group from $34.00 to $33.00 and set a “market perform” rating on the stock in a research report on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $31.17.

Baldwin Insurance Group Stock Performance

Shares of NASDAQ BWIN opened at $23.23 on Friday. The stock has a market cap of $2.76 billion, a PE ratio of -47.41, a price-to-earnings-growth ratio of 0.85 and a beta of 1.33. Baldwin Insurance Group has a 1 year low of $15.88 and a 1 year high of $47.15. The firm has a fifty day moving average price of $22.26 and a 200-day moving average price of $25.85. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.15 and a quick ratio of 1.15.

Baldwin Insurance Group (NASDAQ:BWIN) last released its earnings results on Thursday, February 26th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.02. Baldwin Insurance Group had a positive return on equity of 12.62% and a negative net margin of 2.25%.The firm had revenue of $347.28 million during the quarter, compared to analysts’ expectations of $351.75 million. During the same quarter last year, the business posted $0.27 earnings per share. The firm’s revenue was up 5.3% on a year-over-year basis. Equities analysts anticipate that Baldwin Insurance Group will post 1.01 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider James Morgan Roche sold 100,000 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $24.20, for a total value of $2,420,000.00. Following the completion of the sale, the insider owned 122,113 shares in the company, valued at approximately $2,955,134.60. The trade was a 45.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 255,000 shares of company stock worth $6,119,000. Company insiders own 18.51% of the company’s stock.

Hedge Funds Weigh In On Baldwin Insurance Group

Several institutional investors have recently bought and sold shares of BWIN. William Blair Investment Management LLC lifted its holdings in Baldwin Insurance Group by 47.8% during the fourth quarter. William Blair Investment Management LLC now owns 7,543,813 shares of the company’s stock worth $181,278,000 after buying an additional 2,439,118 shares during the period. Fiera Capital Corp bought a new position in shares of Baldwin Insurance Group in the 2nd quarter worth $33,346,000. Champlain Investment Partners LLC lifted its stake in shares of Baldwin Insurance Group by 20.3% during the 3rd quarter. Champlain Investment Partners LLC now owns 3,915,879 shares of the company’s stock worth $110,467,000 after purchasing an additional 659,433 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Baldwin Insurance Group by 25.3% during the fourth quarter. Bank of New York Mellon Corp now owns 2,873,887 shares of the company’s stock valued at $69,060,000 after purchasing an additional 579,936 shares in the last quarter. Finally, MetLife Investment Management LLC boosted its position in Baldwin Insurance Group by 1,376.4% during the fourth quarter. MetLife Investment Management LLC now owns 619,292 shares of the company’s stock valued at $14,882,000 after purchasing an additional 577,345 shares in the last quarter. 77.49% of the stock is owned by hedge funds and other institutional investors.

Baldwin Insurance Group News Summary

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

• Positive Sentiment: Board authorizes up to $250 million share repurchase program — a meaningful capital-return action that can support the stock and reduce share count. Business Wire: $250M Repurchase Program
• Positive Sentiment: Raymond James upgraded BWIN to a “strong-buy” and raised its price target to $30 (from $20), signaling analyst conviction and implying ~29% upside from the current price. Benzinga: Raymond James Upgrade
• Positive Sentiment: Q4 earnings beat: BWIN reported $0.31 EPS vs. consensus $0.29, and EPS improved vs. prior year; these results (and a slide deck/call) helped underpin today’s positive sentiment. MarketBeat: Q4 Results & Conference Call
• Positive Sentiment: Strategic partnership with Fairway Independent Mortgage Corporation could expand distribution channels for Baldwin’s products and support future revenue growth. TMCNet: Fairway Partnership
• Positive Sentiment: TD Cowen initiated coverage (new analyst attention can increase liquidity and interest). AmericanBankingNews: TD Cowen Coverage Initiation
• Neutral Sentiment: Investor materials and presentation (Q4 slide deck and call) published — useful for modeling but not an immediate catalyst. Seeking Alpha: Q4 Presentation
• Neutral Sentiment: Analyst note / valuation pieces reviewing the Fairway partnership and BWIN valuation provide context but do not themselves move fundamentals. Yahoo Finance: Valuation After Partnership
• Negative Sentiment: Wells Fargo cut its price target to $21 and moved to an “equal weight” rating, implying downside from the current level and adding downward pressure on sentiment. TickerReport/Benzinga: Wells Fargo PT Cut
• Negative Sentiment: Revenue slightly missed estimates for the quarter ($347.3M vs. $351.8M est.), and the company still reported a negative net margin — items investors will watch for margin recovery and top-line momentum. Zacks: Q4 Metrics & Revenue vs Estimates

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.