The Hartford Insurance Group (NYSE:HIG) Price Target Raised to $143.00

The Hartford Insurance Group (NYSE:HIG) had its price objective lifted by Keefe, Bruyette & Woods from $142.00 to $143.00 in a report issued on Wednesday morning,Benzinga reports. The firm currently has a market perform rating on the insurance provider’s stock.

Several other analysts have also recently issued reports on the company. UBS Group cut their target price on The Hartford Insurance Group from $157.00 to $155.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Barclays lowered their price target 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. Weiss Ratings downgraded The Hartford Insurance Group from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Wednesday, May 27th. Wells Fargo & Company cut their price objective on shares of The Hartford Insurance Group from $165.00 to $154.00 and set an “overweight” rating for the company in a report on Friday, June 5th. Finally, Piper Sandler lowered their target price on shares of The Hartford Insurance Group from $154.00 to $148.00 and set an “overweight” rating on the stock in a report on Thursday, June 11th. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $148.50.

The Hartford Insurance Group Stock Performance

HIG opened at $138.66 on Wednesday. The company has a 50 day simple moving average of $132.61 and a two-hundred day simple moving average of $135.45. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.31 and a quick ratio of 0.31. The firm has a market cap of $38.01 billion, a P/E ratio of 9.74, a PEG ratio of 3.16 and a beta of 0.47. The Hartford Insurance Group has a 1-year low of $119.61 and a 1-year high of $144.50.

The Hartford Insurance Group (NYSE:HIG) last issued its quarterly 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 business had revenue of $7.23 billion during the quarter, compared to analysts’ expectations of $7.41 billion. The Hartford Insurance Group had a return on equity of 22.52% and a net margin of 14.10%.The company’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.20 EPS. Equities analysts forecast that The Hartford Insurance Group will post 12.84 earnings per share for the current fiscal year.

The Hartford Insurance Group Dividend Announcement

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

Insiders Place Their Bets

In other The Hartford Insurance Group news, President Adin M. Tooker sold 8,895 shares of The Hartford Insurance Group stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $135.13, for a total value 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its stake in The Hartford Insurance Group by 286,241.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 73,861,771 shares of the insurance provider’s stock valued at $10,178,152,000 after purchasing an additional 73,835,976 shares in the last quarter. Norges Bank purchased a new position in shares of The Hartford Insurance Group in the 4th quarter worth $611,724,000. Allianz Asset Management GmbH increased its holdings in shares of The Hartford Insurance Group by 131.1% in the 4th quarter. Allianz Asset Management GmbH now owns 1,632,082 shares of the insurance provider’s stock worth $224,901,000 after buying an additional 925,789 shares during the last quarter. Danske Bank A S purchased a new stake in shares of The Hartford Insurance Group during the 3rd quarter valued at about $91,398,000. Finally, Balyasny Asset Management L.P. raised its position in shares of The Hartford Insurance Group by 6,431.8% during the 3rd quarter. Balyasny Asset Management L.P. now owns 643,443 shares of the insurance provider’s stock valued at $85,829,000 after buying an additional 633,592 shares in the last quarter. 93.42% of the stock is owned by hedge funds and other institutional investors.

More The Hartford Insurance Group News

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.