Bowhead Specialty Holdings
About: Bowhead Specialty Holdings Inc is engaged in providing specialty P&C products. It is a specialty insurance group that generates revenues by underwriting and offering a variety of specialty insurance products to domestic markets through three distinct underwriting divisions: Casualty, Professional Liability and Healthcare. Casualty specialize in GL coverage for risks in the construction, distribution, heavy manufacturing, real estate and hospitality segments and also consider underwriting risks in a broader range of industries. Key revenue is generated from Casualty segment.
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
93% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 14
89% more capital invested
Capital invested by funds: $225M [Q2] → $425M (+$200M) [Q3]
85% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 20
25% more funds holding
Funds holding: 67 [Q2] → 84 (+17) [Q3]
18.31% more ownership
Funds ownership: 28.21% [Q2] → 46.52% (+18.31%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Keefe, Bruyette & Woods Meyer Sheilds 0 / 0 met price target | 39%upside $44 | Market Perform Maintained | 10 Jan 2025 |
JP Morgan Pablo Zuanic 13% 1-year accuracy 1 / 8 met price target | 5%downside $30 | Neutral Maintained | 7 Nov 2024 |
JMP Securities Matthew Carletti 80% 1-year accuracy 48 / 60 met price target | 5%upside $33 | Market Outperform Maintained | 6 Nov 2024 |
RBC Capital Scott Heleniak 83% 1-year accuracy 44 / 53 met price target | 11%upside $35 | Outperform Maintained | 6 Nov 2024 |