Jane Carlin Sells 1,000 Shares of The Hanover Insurance Group (NYSE:THG) Stock

The Hanover Insurance Group, Inc. (NYSE:THGGet Free Report) Director Jane Carlin sold 1,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $231.50, for a total transaction of $231,500.00. Following the completion of the transaction, the director owned 2,270 shares in the company, valued at approximately $525,505. This trade represents a 30.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

The Hanover Insurance Group Stock Performance

NYSE THG opened at $229.08 on Thursday. The firm has a market cap of $7.98 billion, a price-to-earnings ratio of 10.93 and a beta of 0.27. The company has a 50 day moving average of $208.99 and a 200-day moving average of $189.06. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.22. The Hanover Insurance Group, Inc. has a 1-year low of $165.50 and a 1-year high of $236.07.

The Hanover Insurance Group (NYSE:THGGet Free Report) last announced its earnings results on Tuesday, July 28th. The insurance provider reported $5.31 EPS for the quarter, topping the consensus estimate of $3.84 by $1.47. The business had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.65 billion. The Hanover Insurance Group had a return on equity of 21.72% and a net margin of 11.17%.The Hanover Insurance Group’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business earned $4.35 EPS. On average, equities analysts forecast that The Hanover Insurance Group, Inc. will post 19.45 earnings per share for the current fiscal year.

The Hanover Insurance Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid a $0.95 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $3.80 dividend on an annualized basis and a yield of 1.7%. The Hanover Insurance Group’s payout ratio is currently 18.14%.

The Hanover Insurance Group announced that its Board of Directors has approved a stock repurchase program on Wednesday, May 13th that allows the company to buyback $700.00 million in outstanding shares. This buyback authorization allows the insurance provider to buy up to 10.6% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Trending Headlines about The Hanover Insurance Group

Here are the key news stories impacting The Hanover Insurance Group this week:

  • Positive Sentiment: Analysts raised earnings estimates. DOWLING & PARTN increased its FY2026 EPS forecast to $19.50 from $18.00 and its FY2027 forecast to $19.00 from $17.50. The FY2026 estimate is above the current consensus of $19.15, signaling improved expectations for profitability. MarketBeat THG analyst estimates
  • Positive Sentiment: Momentum and valuation screens remain supportive. Recent Zacks analysis highlights THG as a potential momentum stock and examines whether its shares remain undervalued, supporting investor interest after the stock’s substantial advance above both its 50-day and 200-day moving averages. Zacks momentum analysis Zacks valuation analysis
  • Positive Sentiment: Recent operating results were well ahead of expectations. THG reported quarterly EPS of $5.31 versus the $3.84 consensus, while revenue reached $1.73 billion, above estimates of $1.65 billion and up 4.6% year over year. The company also reported a 21.72% return on equity and an 11.17% net margin. MarketBeat THG earnings report
  • Neutral Sentiment: Analyst opinion is mixed but leans positive. THG carries a “Moderate Buy” consensus rating, with a consensus price target of $223.29. Citizens JMP raised its target to $240, while Morgan Stanley and BMO Capital Markets maintain more cautious, market-perform or equal-weight views.
  • Negative Sentiment: An insider reduced exposure. Director Jane Carlin sold 1,000 shares at an average price of $231.50, reducing her holdings by approximately 30.6%. While the transaction is relatively small, insider selling can weigh on sentiment, particularly with the stock near its 52-week high. THG insider selling report

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. BMO Capital Markets downgraded shares of The Hanover Insurance Group from an “outperform” rating to a “market perform” rating and upped their price target for the stock from $194.00 to $203.00 in a research report on Tuesday, May 19th. Piper Sandler downgraded shares of The Hanover Insurance Group from an “overweight” rating to a “neutral” rating and set a $220.00 target price for the company. in a research note on Wednesday, July 15th. Citigroup reiterated an “outperform” rating on shares of The Hanover Insurance Group in a research report on Friday, July 10th. Oppenheimer increased their price target on shares of The Hanover Insurance Group from $205.00 to $220.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Finally, Citizens Jmp raised their price target on shares of The Hanover Insurance Group from $225.00 to $240.00 and gave the company a “market outperform” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, The Hanover Insurance Group has a consensus rating of “Moderate Buy” and an average target price of $223.29.

Check Out Our Latest Stock Analysis on The Hanover Insurance Group

Institutional Trading of The Hanover Insurance Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. A&I Financial Services LLC raised its holdings in The Hanover Insurance Group by 6.3% during the 2nd quarter. A&I Financial Services LLC now owns 4,486 shares of the insurance provider’s stock worth $961,000 after purchasing an additional 264 shares during the last quarter. Everhart Financial Group Inc. boosted its stake in shares of The Hanover Insurance Group by 2.8% in the 2nd quarter. Everhart Financial Group Inc. now owns 5,089 shares of the insurance provider’s stock valued at $1,090,000 after purchasing an additional 139 shares during the last quarter. Longboard Asset Management LP bought a new position in shares of The Hanover Insurance Group in the 2nd quarter valued at about $230,000. Assenagon Asset Management S.A. acquired a new stake in shares of The Hanover Insurance Group during the 2nd quarter worth approximately $7,374,000. Finally, GAMMA Investing LLC raised its stake in shares of The Hanover Insurance Group by 19.2% during the second quarter. GAMMA Investing LLC now owns 868 shares of the insurance provider’s stock worth $186,000 after buying an additional 140 shares during the last quarter. 86.61% of the stock is currently owned by institutional investors and hedge funds.

About The Hanover Insurance Group

(Get Free Report)

The Hanover Insurance Group, Inc (NYSE: THG) is a property and casualty insurance company that provides a range of commercial and personal insurance products. Through its subsidiary companies, Hanover offers coverage for businesses of all sizes, including workers’ compensation, general liability, commercial auto, and professional liability. On the personal lines side, the company underwrites homeowners, personal auto, flood, and umbrella policies designed to meet the needs of individuals and families.

In addition to its core commercial and personal insurance offerings, Hanover maintains a specialty arm that focuses on niche markets through tailored product solutions.

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Insider Buying and Selling by Quarter for The Hanover Insurance Group (NYSE:THG)

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