baldwin risk partners is an insurance distribution holding company. its core focus is on management of resources and capital to fuel organic and acquisitive growth in the insurance industry. under brp, these investments bring new professionals, increased geographic representation, expanded value propositions, innovation and new lines of insurance competency. brp member companies include baldwin krystyn sherman partners, the villages insurance partners, medicare insurance partners, american risk partners, florida medicare options, ryan insurance, ipeo solutions, d&m; insurance solutions, and affordable home insurance, inc.
![The Baldwin Insurance Group Inc. - Ordinary Shares logo](/files/LOGO/1781755-BRP.png)
Company profile
Ticker
BWIN
Exchange
Website
CEO
Trevor L. Baldwin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Baldwin Risk Partners, LLC • Baldwin Krystyn Sherman Partners, LLC • BRP Colleague Inc. • BRP Middle Market Insurance Holdings, LLC • BRP Insurance Intermediary Holdings, LLC • BRP Main Street Insurance Holdings, LLC • BRP Medicare Insurance Holdings, LLC • BRP Insurance I, LLC • BRP Insurance II, LLC • BRP Insurance III, LLC ...
IRS number
611937225
BWIN stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
6 Jun 24
8-K
Entry into a Material Definitive Agreement
29 May 24
8-K
The Baldwin Group Announces Upsize and Pricing of $600 Million Offering of Senior Secured Notes due 2031
16 May 24
8-K
The Baldwin Group Announces $500 Million Offering of Senior Secured Notes due 2031
8 May 24
10-Q
2024 Q1
Quarterly report
7 May 24
8-K
The Baldwin Group Announces First Quarter 2024 Results
7 May 24
ARS
2023 FY
Annual report to shareholders
25 Apr 24
DEFA14A
Additional proxy soliciting materials
25 Apr 24
DEF 14A
Definitive proxy
25 Apr 24
S-8
Registration of securities for employees
28 Feb 24
Transcripts
BWIN
Earnings call transcript
2024 Q1
7 May 24
BWIN
Earnings call transcript
2023 Q4
28 Feb 24
BWIN
Earnings call transcript
2023 Q3
7 Nov 23
BWIN
Earnings call transcript
2023 Q2
9 Aug 23
BWIN
Earnings call transcript
2023 Q2
9 Aug 23
BWIN
Earnings call transcript
2023 Q1
9 May 23
BWIN
Earnings call transcript
2022 Q4
28 Feb 23
BWIN
Earnings call transcript
2022 Q3
8 Nov 22
BWIN
Earnings call transcript
2022 Q2
10 Aug 22
BWIN
Earnings call transcript
2022 Q1
15 May 22
Latest ownership filings
4
Change in insider ownership
23 May 24
4
Lowry Baldwin
23 May 24
144
Notice of proposed sale of securities
21 May 24
4
Daniel Galbraith
13 May 24
4
James Morgan Roche
13 May 24
4
Seth Bala Cohen
13 May 24
144
Notice of proposed sale of securities
13 May 24
144
Notice of proposed sale of securities
13 May 24
144
Notice of proposed sale of securities
10 May 24
144
Notice of proposed sale of securities
10 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 234.32 mm | 234.32 mm | 234.32 mm | 234.32 mm | 234.32 mm | 234.32 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 8.10 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 19.98 mm | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 214.33 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 26.5 | n/a | n/a |
Institutional ownership, Q1 2024
13F holders | Current |
---|---|
Total holders | 170 |
Opened positions | 147 |
Closed positions | 4 |
Increased positions | 7 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 1.65 tn |
Total shares | 89.15 mm |
Total puts | 2.30 k |
Total calls | 16.90 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Baldwin Lowry | 15.81 mm | $0.00 |
FMR | 9.71 mm | $281.03 bn |
Vanguard | 6.17 mm | $178.50 bn |
BLK Blackrock | 4.41 mm | $127.64 bn |
Champlain Investment Partners | 4.02 mm | $116.43 bn |
Holdings, Inc./NV IHC | 3.86 mm | $113.61 mm |
MCQEF Macquarie | 3.45 mm | $99.75 bn |
Bamco | 3.26 mm | $94.34 bn |
William Blair Investment Management | 2.93 mm | $84.67 bn |
WHG Westwood | 2.74 mm | $79.16 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 May 24 | Baldwin Insurance | Class B Common Stock | Other | Dispose J | No | No | 0 | 125,000 | 0.00 | 13,149,090 |
21 May 24 | Baldwin Insurance | LLC Units in Baldwin Risk Partners, LLC Class A Common Stock | Other | Dispose J | No | No | 0 | 125,000 | 0.00 | 13,149,090 |
21 May 24 | Baldwin Lowry | Class A Common Stock | Sell | Dispose S | Yes | No | 34.24 | 92,890 | 3.18 mm | 0 |
21 May 24 | Baldwin Lowry | Class A Common Stock | Sell | Dispose S | Yes | No | 33.68 | 32,110 | 1.08 mm | 92,890 |
21 May 24 | Baldwin Lowry | Class A Common Stock | Conversion | Acquire C | Yes | No | 0 | 125,000 | 0.00 | 125,000 |
21 May 24 | Baldwin Lowry | Class B Common Stock | Conversion | Dispose C | Yes | No | 0 | 125,000 | 0.00 | 0 |
21 May 24 | Baldwin Lowry | Class B Common Stock | Other | Acquire J | Yes | No | 0 | 125,000 | 0.00 | 125,000 |
21 May 24 | Baldwin Lowry | Class B Common Stock | Other | Dispose J | Yes | No | 0 | 125,000 | 0.00 | 13,149,090 |
21 May 24 | Baldwin Lowry | LLC Units in The Baldwin Insurance Group Holdings, LLC Class A Common Stock | Conversion | Dispose C | Yes | No | 0 | 125,000 | 0.00 | 0 |
21 May 24 | Baldwin Lowry | LLC Units in The Baldwin Insurance Group Holdings, LLC Class A Common Stock | Other | Acquire J | Yes | No | 0 | 125,000 | 0.00 | 125,000 |
News
Raymond James Reiterates Strong Buy on The Baldwin Insurance, Raises Price Target to $45
22 May 24
The Baldwin Group Ticker Symbol To Change To 'BWIN' On May 20, 2024
16 May 24
UBS Maintains Buy on The Baldwin Insurance, Raises Price Target to $37
14 May 24
BRP Group Q1 2024 Adj EPS $0.56 Beats $0.52 Estimate, Sales $380.367M Beat $375.774M Estimate
7 May 24
BRP To Rebrand As The Baldwin Group
1 May 24
Press releases
The Baldwin Group Introduces API-Connected Underwriting Platform Cyber Navigator
5 Jun 24
The Baldwin Group to Participate in the William Blair Growth Stock Conference
28 May 24
The Baldwin Group Introduces 2024 Government Contractor Client Benefits Benchmarking Overview
22 May 24
The Baldwin Group to Change Ticker Symbol to BWIN on May 20, 2024
16 May 24
The Baldwin Group Announces Upsize and Pricing of $600 Million Offering of Senior Secured Notes due 2031
10 May 24