Arbejdsmarkedets Tillaegspension increased its stake in shares of The Hartford Insurance Group, Inc. (NYSE:HIG – Free Report) by 4.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 187,110 shares of the insurance provider’s stock after purchasing an additional 8,250 shares during the period. Arbejdsmarkedets Tillaegspension’s holdings in The Hartford Insurance Group were worth $25,303,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AMF Tjanstepension AB grew its holdings in shares of The Hartford Insurance Group by 3.0% in the first quarter. AMF Tjanstepension AB now owns 201,947 shares of the insurance provider’s stock worth $27,309,000 after acquiring an additional 5,820 shares during the period. Applied Finance Capital Management LLC increased its position in shares of The Hartford Insurance Group by 33.8% during the 1st quarter. Applied Finance Capital Management LLC now owns 2,508 shares of the insurance provider’s stock valued at $339,000 after purchasing an additional 634 shares during the last quarter. Lifeworks Advisors LLC increased its position in shares of The Hartford Insurance Group by 40.5% during the 1st quarter. Lifeworks Advisors LLC now owns 47,766 shares of the insurance provider’s stock valued at $6,459,000 after purchasing an additional 13,757 shares during the last quarter. Financial Advisory Partners LLC lifted its stake in shares of The Hartford Insurance Group by 0.6% in the 1st quarter. Financial Advisory Partners LLC now owns 27,552 shares of the insurance provider’s stock worth $3,726,000 after purchasing an additional 173 shares during the period. Finally, Global Assets Advisory LLC purchased a new position in shares of The Hartford Insurance Group in the first quarter worth approximately $95,000. Institutional investors own 93.42% of the company’s stock.
The Hartford Insurance Group Price Performance
Shares of The Hartford Insurance Group stock opened at $138.66 on Monday. The stock’s 50-day simple moving average is $132.61 and its 200-day simple moving average is $135.42. The Hartford Insurance Group, Inc. has a 52 week low of $119.61 and a 52 week high of $144.50. The company has a market capitalization of $38.01 billion, a price-to-earnings ratio of 9.74, a PEG ratio of 3.18 and a beta of 0.47. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.24.
The Hartford Insurance Group Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Monday, June 1st were given a dividend of $0.60 per share. The ex-dividend date was Monday, June 1st. This represents a $2.40 annualized dividend and a dividend yield of 1.7%. The Hartford Insurance Group’s dividend payout ratio (DPR) is presently 16.87%.
Analysts Set New Price Targets
A number of analysts have commented on the stock. Mizuho upped their target price on shares of The Hartford Insurance Group from $154.00 to $163.00 and gave the company an “outperform” rating in a report on Thursday. Wells Fargo & Company upped their price objective on The Hartford Insurance Group from $154.00 to $165.00 and gave the stock an “overweight” rating in a research note on Thursday. Barclays decreased their target price on The Hartford Insurance Group from $156.00 to $155.00 and set an “overweight” rating on the stock in a report on Friday, June 12th. UBS Group cut their price target on The Hartford Insurance Group from $157.00 to $155.00 and set a “buy” rating for the company in a report on Monday, April 27th. Finally, Bank of America raised their price objective on The Hartford Insurance Group from $136.00 to $138.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 14th. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, The Hartford Insurance Group currently has an average rating of “Moderate Buy” and a consensus price target of $148.50.
Check Out Our Latest Analysis on HIG
Insider Buying and Selling at The Hartford Insurance Group
In related news, President Adin M. Tooker sold 8,895 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $135.13, for a total transaction of $1,201,981.35. Following the completion of the transaction, the president directly owned 38,208 shares of the company’s stock, valued at approximately $5,163,047.04. This trade represents a 18.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.30% of the company’s stock.
Key Stories Impacting The Hartford Insurance Group
Here are the key news stories impacting The Hartford Insurance Group this week:
- Positive Sentiment: Wells Fargo raised its price target on HIG to $165 and kept an overweight rating, signaling strong confidence in the company’s outlook.
- Positive Sentiment: Mizuho lifted its target to $163 and maintained an outperform rating, adding to the bullish analyst momentum.
- Positive Sentiment: Dowling & Partners increased its FY2026 EPS estimate to $13.25, suggesting earnings expectations are improving for The Hartford Insurance Group.
- Neutral Sentiment: Options activity has also picked up, with Zacks noting surging implied volatility in HIG options, which may reflect increased trader attention rather than a clear directional catalyst.
- Neutral Sentiment: Other recent commentary from Keefe, Bruyette & Woods also points to a positive outlook, reinforcing the broader bullish sentiment around the stock.
The Hartford Insurance Group Company Profile
The Hartford Financial Services Group, commonly known as The Hartford, is a U.S.-based insurance and investment company that provides a broad range of commercial and personal insurance products and employee benefits. Its core businesses include property and casualty insurance for businesses and individuals, group benefits such as group life, disability and dental plans, and retirement and investment solutions offered through affiliated asset-management operations. The company also delivers risk management, claims-handling and loss-prevention services designed to support policyholders across a variety of industries.
Founded in Hartford, Connecticut, in 1810, The Hartford is one of the oldest insurance organizations in the United States and has a long history of underwriting and product development across multiple insurance lines.
Read More
- Five stocks we like better than The Hartford Insurance Group
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Want to see what other hedge funds are holding HIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Hartford Insurance Group, Inc. (NYSE:HIG – Free Report).
Receive News & Ratings for The Hartford Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Hartford Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.
