Baldwin Insurance Group, Inc. Class A (BWIN)

The Baldwin Group is scheduled to report its third-quarter 2025 results on November 4, 2025. On September 12, 2025, the company announced a successful repricing for its $931.1 million Term Loan Facility. The company announced its second-quarter 2025 results on August 5, 2025, reporting an 11% year-over-year increase in total revenue and 11% organic revenue growth, but also reported a GAAP net loss of $5.1 million. On August 7, 2025, Raymond James downgraded Baldwin Insurance from "Strong Buy" to "Outperform" and lowered its price target. On July 1, 2025, Westwood Insurance Agency LLC completed the acquisition of the homebuilder distribution network from Hippo Holdings, Inc. The Baldwin Group issued its Q2 2025 Market Pulse on July 29, 2025, and its Q1 2025 Market Pulse Report on May 1, 2025. As of October 24, 2025, the stock price was $23.47, having experienced a significant decline from its all-time high and a 52-week high, and has fallen by -21.12% in the last month and -53.95% over the last year.

The provided information does not explicitly detail the demand seasonality for Baldwin Insurance Group's specific products and services. The company's Q1 and Q2 Market Pulse Reports discuss market conditions and pricing trends in commercial insurance, but these reports do not directly address seasonal fluctuations in demand for BWIN's offerings.

Baldwin Insurance Group, Inc. (BWIN), also known as The Baldwin Group, delivers bespoke client solutions, services, and innovation through a comprehensive and tailored approach to risk management, insurance, and employee benefits. The company's core offerings include contract and commercial surety, which provide performance and payment guarantees for construction, service, and public-sector projects. It also offers complementary commercial lines coverages to mitigate liability, property, and workers' compensation exposures. The company operates through Insurance Advisory Solutions (IAS), Underwriting, Capacity & Technology Solutions (UCTS), Mainstreet Insurance Solutions (MIS), and a Medicare Segment.

The Baldwin Group serves over three million clients across the United States and internationally. Its indirect subsidiary, Westwood Insurance Agency LLC, specializes in builder-sourced homeowners insurance and is licensed in all 50 states. The company operates through a network of regional agency offices, primarily across the Midwestern United States.

The Baldwin Group emphasizes its "award-winning industry expertise" and a "highly differentiated culture". The company maintains a news sentiment score of 0.76, indicating a generally positive sentiment in news coverage. The acquisition of Hippo Homebuilder Network and the expansion of builder relationships could positively impact its reputation within the home insurance market. The analyst downgrade by Raymond James and the significant decline in stock price over the past year could negatively affect investor perception and, by extension, its brand reputation among the financial community.

Baldwin Insurance Group's ownership is primarily institutional, with institutional ownership ranging from approximately 71.31% to 109.71% of shares outstanding, and insider ownership is around 0.88% to 2.29%. Major institutional shareholders include Capital Research and Management Company, FMR LLC, The Vanguard Group, Inc., BlackRock, Inc., T. Rowe Price Group, Inc., Fenimore Asset Management Inc, Confluence Investment Management LLC, and Westwood Holdings Group Inc. Lowry Baldwin is the largest individual shareholder, owning 60.97 million shares, representing 51.37% of the company.