Lifeworks Advisors LLC Buys 13,757 Shares of The Hartford Insurance Group, Inc. $HIG

Lifeworks Advisors LLC raised its stake in The Hartford Insurance Group, Inc. (NYSE:HIGFree Report) by 40.5% in the 1st quarter, Holdings Channel.com reports. The fund owned 47,766 shares of the insurance provider’s stock after buying an additional 13,757 shares during the quarter. Lifeworks Advisors LLC’s holdings in The Hartford Insurance Group were worth $6,459,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of HIG. Y Intercept Hong Kong Ltd acquired a new stake in The Hartford Insurance Group during the first quarter worth about $4,131,000. CSM Advisors LLC raised its position in shares of The Hartford Insurance Group by 20.6% in the 3rd quarter. CSM Advisors LLC now owns 336,336 shares of the insurance provider’s stock valued at $44,866,000 after buying an additional 57,468 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of The Hartford Insurance Group by 1.9% during the 4th quarter. Nordea Investment Management AB now owns 4,389,329 shares of the insurance provider’s stock worth $606,956,000 after acquiring an additional 81,712 shares during the period. Danske Bank A S bought a new stake in shares of The Hartford Insurance Group during the 3rd quarter worth approximately $91,398,000. Finally, Abacus Wealth Partners LLC acquired a new stake in shares of The Hartford Insurance Group during the 4th quarter worth approximately $1,971,000. 93.42% of the stock is currently owned by institutional investors.

The Hartford Insurance Group News Roundup

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.

Insider Activity

In other The Hartford Insurance Group news, President Adin M. Tooker sold 8,895 shares of the business’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 sale, the president owned 38,208 shares of the company’s stock, valued at $5,163,047.04. The trade was a 18.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on HIG shares. Cantor Fitzgerald boosted their price objective on shares of The Hartford Insurance Group from $156.00 to $158.00 and gave the company an “overweight” rating in a research report on Thursday. Weiss Ratings downgraded The Hartford Insurance Group from a “buy (a-)” rating to a “buy (b+)” rating in a report on Wednesday, May 27th. Wells Fargo & Company lifted their price target on The Hartford Insurance Group from $154.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday. UBS Group lowered 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, Barclays dropped their price objective on The Hartford Insurance Group from $156.00 to $155.00 and set an “overweight” rating for the company in a research report on Friday, June 12th. Nine equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $148.50.

Get Our Latest Analysis on The Hartford Insurance Group

The Hartford Insurance Group Stock Down 0.1%

Shares of NYSE:HIG opened at $138.66 on Monday. The firm has a market cap of $38.01 billion, a P/E ratio of 9.74, a P/E/G ratio of 3.18 and a beta of 0.47. The Hartford Insurance Group, Inc. has a 12-month low of $119.61 and a 12-month high of $144.50. 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 business has a fifty day simple moving average of $132.61 and a 200 day simple moving average of $135.42.

The Hartford Insurance Group (NYSE:HIGGet Free Report) last released its earnings results on Thursday, April 23rd. The insurance provider reported $3.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.39 by ($0.30). The company had revenue of $7.23 billion for the quarter, compared to analyst estimates of $7.41 billion. The Hartford Insurance Group had a net margin of 14.10% and a return on equity of 22.52%. The firm’s revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.20 EPS. Analysts predict that The Hartford Insurance Group, Inc. will post 12.8 earnings per share for the current year.

The Hartford Insurance Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Monday, June 1st were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, June 1st. The Hartford Insurance Group’s payout ratio is 16.87%.

The Hartford Insurance Group Profile

(Free Report)

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

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:HIGFree Report).

Institutional Ownership by Quarter for The Hartford Insurance Group (NYSE:HIG)

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.