Baldwin Insurance Group, Inc. (BWIN)

Insurance Agents, Brokers & Service

Latest Price

$27.74

TTM P/E

Normalized P/E

Div Yield

Book Value

10.28

P/B Ratio

2.70

Valuation metrics

Base FCF: $35M (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$34.08

+23% upside

92.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
FMR LLC	13.95M	$306.0M	14.88%	+3.16M	2026-03-31
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC	6.79M	$149.0M	7.24%	-749.3K	2026-03-31
BlackRock, Inc.	6.65M	$145.0M	7.09%	+1.33M	2026-03-31
Bank of New York Mellon Corp	3.92M	$85.0M	4.18%	+1.04M	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	3.48M	$76.0M	3.70%	--	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	3.46M	$76.0M	3.69%	--	2026-03-31
BAMCO INC /NY/	2.71M	$59.0M	2.89%	-300.4K	2026-03-31
WESTWOOD HOLDINGS GROUP INC	2.58M	$56.0M	2.75%	-274.3K	2026-03-31
STATE STREET CORP	2.47M	$54.0M	2.64%	+341.6K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	2.15M	$47.0M	2.29%	+412.9K	2026-03-31