Baldwin Insurance Group, Inc. Class A (BWIN)

In the past six months, The Baldwin Group completed acquisitions of Obie and Capstone Group, and a merger with CAC Group. Paul Sparks was appointed to the Board of Directors, and leadership appointments were announced in the Insurance Advisory Solutions segment, while Joe Valerio was appointed Chief Operating Officer. The company's stock price experienced a 26% bounce in November 2025, despite being down 42% over the preceding twelve months. The company announced the successful pricing of a $600 million incremental Term Loan B add-on. S&P Global Ratings upgraded Baldwin's rating to 'B' in April 2025.

The Baldwin Insurance Group, Inc.'s revenue experiences seasonal fluctuations, with the first quarter typically recording the highest adjusted EBITDA and the fourth quarter generally seeing the lowest, influenced by the timing of policy commencements and renewals.

The Baldwin Insurance Group, Inc. (BWIN), also known as The Baldwin Group, is an independent insurance distribution firm established in 2011 and based in Tampa, Florida. The company operates in three segments: Insurance Advisory Solutions, Underwriting, Capacity & Technology Solutions, and Mainstreet Insurance Solutions, offering a range of insurance and risk management services.

The Baldwin Insurance Group, Inc. provides insurance and risk management solutions across the United States and internationally, with a significant market presence in the Southeastern U.S.

The Baldwin Insurance Group, Inc.'s reputation was impacted by a critical analysis from Blue Orca Capital in October 2024, alleging questionable financial engineering practices, leading to an investigation into potential securities law violations. However, the S&P Global Ratings upgrade to 'B' in April 2025, reflecting improved leverage, could positively contribute to its financial reputation.

The Baldwin Insurance Group, Inc. has a significant number of institutional and individual owners. As of February 2, 2026, there are 429 institutional owners holding a total of 105,046,726 shares. Major institutional owners include Fmr Llc, SMCWX - SMALLCAP WORLD FUND INC Class A, Vanguard Group Inc, and BlackRock, Inc. Major individual and insider owners include Lowry Baldwin (51.38% ownership), Loper Enterprises LLC (14.34% ownership), and Baldwin Insurance Group Holdings LLC (11.38% ownership).