Wells Fargo & Company Cuts Baldwin Insurance Group (NASDAQ:BWIN) Price Target to $21.00

Baldwin Insurance Group (NASDAQ:BWIN) had its price target lowered by Wells Fargo & Company from $27.00 to $21.00 in a research report report published on Friday,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

A number of other research analysts have also issued reports on the company. Wall Street Zen upgraded Baldwin Insurance Group from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Raymond James Financial raised shares of Baldwin Insurance Group from an “outperform” rating to a “strong-buy” rating and boosted their price target for the company from $20.00 to $30.00 in a report on Friday. BMO Capital Markets lowered their price target on shares of Baldwin Insurance Group from $34.00 to $33.00 and set a “market perform” rating for the company in a research report on Thursday, December 4th. UBS Group cut their price objective on shares of Baldwin Insurance Group from $52.00 to $47.00 and set a “buy” rating on the stock in a research report on Monday, November 10th. Finally, Zacks Research cut shares of Baldwin Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $31.17.

Baldwin Insurance Group Trading Up 25.6%

NASDAQ BWIN opened at $23.23 on Friday. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.16 and a current ratio of 1.16. Baldwin Insurance Group has a one year low of $15.88 and a one year high of $47.15. The company has a 50-day simple moving average of $22.26 and a 200-day simple moving average of $25.79. The firm has a market capitalization of $2.76 billion, a PE ratio of -47.41, a price-to-earnings-growth ratio of 0.85 and a beta of 1.30.

Baldwin Insurance Group (NASDAQ:BWIN) last issued its earnings results on Thursday, February 26th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. Baldwin Insurance Group had a negative net margin of 2.25% and a positive return on equity of 12.60%. The firm had revenue of $347.28 million for the quarter, compared to analysts’ expectations of $351.75 million. During the same quarter last year, the company posted $0.27 earnings per share. Baldwin Insurance Group’s revenue was up 5.3% on a year-over-year basis. On average, equities analysts forecast that Baldwin Insurance Group will post 1.01 earnings per share for the current year.

Insiders Place Their Bets

In other Baldwin Insurance Group news, insider James Morgan Roche sold 80,000 shares of Baldwin Insurance Group stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $24.03, for a total value of $1,922,400.00. Following the transaction, the insider owned 42,113 shares in the company, valued at approximately $1,011,975.39. The trade was a 65.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 255,000 shares of company stock worth $6,119,000 in the last ninety days. Company insiders own 20.14% of the company’s stock.

Institutional Investors Weigh In On Baldwin Insurance Group

Several large investors have recently modified their holdings of BWIN. Wealth Preservation Advisors LLC acquired a new stake in shares of Baldwin Insurance Group during the fourth quarter worth $46,000. XTX Topco Ltd purchased a new position in Baldwin Insurance Group in the 4th quarter worth about $580,000. VARCOV Co. acquired a new stake in Baldwin Insurance Group during the 4th quarter worth about $517,000. Twinbeech Capital LP purchased a new stake in Baldwin Insurance Group during the fourth quarter valued at about $908,000. Finally, Aristotle Capital Boston LLC lifted its stake in Baldwin Insurance Group by 12.5% during the fourth quarter. Aristotle Capital Boston LLC now owns 738,160 shares of the company’s stock valued at $17,738,000 after buying an additional 82,195 shares in the last quarter. 77.49% of the stock is owned by 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

About Baldwin Insurance Group

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.