
The Hanover Insurance Group, Inc. (NYSE:THG – Free Report) – Investment analysts at DOWLING & PARTN issued their FY2026 EPS estimates for The Hanover Insurance Group in a research report issued to clients and investors on Wednesday, May 20th. DOWLING & PARTN analyst A. Mottolese anticipates that the insurance provider will earn $18.00 per share for the year. The consensus estimate for The Hanover Insurance Group’s current full-year earnings is $18.45 per share. DOWLING & PARTN also issued estimates for The Hanover Insurance Group’s FY2027 earnings at $17.50 EPS.
Several other equities analysts also recently commented on the stock. Zacks Research upgraded shares of The Hanover Insurance Group from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. Piper Sandler upped their price objective on shares of The Hanover Insurance Group from $212.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday. Wall Street Zen downgraded shares of The Hanover Insurance Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Keefe, Bruyette & Woods upped their price objective on shares of The Hanover Insurance Group from $208.00 to $211.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Finally, Oppenheimer upped their price objective on shares of The Hanover Insurance Group from $205.00 to $220.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, The Hanover Insurance Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $207.00.
The Hanover Insurance Group Price Performance
NYSE:THG opened at $191.45 on Thursday. The Hanover Insurance Group has a one year low of $160.70 and a one year high of $199.59. The company has a market cap of $6.70 billion, a P/E ratio of 9.64 and a beta of 0.31. The firm’s fifty day moving average price is $181.54 and its two-hundred day moving average price is $179.29. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.37 and a quick ratio of 0.37.
The Hanover Insurance Group (NYSE:THG – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $5.25 EPS for the quarter, beating the consensus estimate of $4.14 by $1.11. The Hanover Insurance Group had a net margin of 10.77% and a return on equity of 21.55%. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the previous year, the company earned $3.87 earnings per share. The company’s quarterly revenue was up 6.1% on a year-over-year basis.
Institutional Investors Weigh In On The Hanover Insurance Group
A number of large investors have recently bought and sold shares of THG. Norges Bank acquired a new stake in The Hanover Insurance Group during the fourth quarter worth about $83,817,000. Alliancebernstein L.P. raised its holdings in The Hanover Insurance Group by 36.1% in the 2nd quarter. Alliancebernstein L.P. now owns 1,280,418 shares of the insurance provider’s stock valued at $217,505,000 after buying an additional 339,896 shares during the last quarter. AQR Capital Management LLC raised its holdings in The Hanover Insurance Group by 37.8% in the 3rd quarter. AQR Capital Management LLC now owns 763,431 shares of the insurance provider’s stock valued at $137,967,000 after buying an additional 209,616 shares during the last quarter. Invesco Ltd. raised its holdings in The Hanover Insurance Group by 44.1% in the 4th quarter. Invesco Ltd. now owns 646,910 shares of the insurance provider’s stock valued at $118,236,000 after buying an additional 197,930 shares during the last quarter. Finally, Balyasny Asset Management L.P. raised its holdings in The Hanover Insurance Group by 206.0% during the 3rd quarter. Balyasny Asset Management L.P. now owns 292,121 shares of the insurance provider’s stock worth $53,058,000 after purchasing an additional 196,655 shares during the last quarter. 86.61% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at The Hanover Insurance Group
In related news, CEO John C. Roche sold 8,358 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $193.74, for a total transaction of $1,619,278.92. Following the transaction, the chief executive officer directly owned 141,011 shares of the company’s stock, valued at approximately $27,319,471.14. This trade represents a 5.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Denise Lowsley sold 4,175 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $191.73, for a total transaction of $800,472.75. Following the transaction, the executive vice president directly owned 3,883 shares in the company, valued at approximately $744,487.59. This represents a 51.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 30,708 shares of company stock valued at $5,921,743 in the last quarter. Company insiders own 2.80% of the company’s stock.
The Hanover Insurance Group declared that its board has initiated a stock repurchase program on Wednesday, May 13th that permits the company to buyback $700.00 million in shares. This buyback authorization permits the insurance provider to reacquire up to 10.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its shares are undervalued.
About The Hanover Insurance Group
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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