
The Hartford Insurance Group, Inc. (NYSE:HIG – Free Report) – DOWLING & PARTN decreased their FY2026 EPS estimates for shares of The Hartford Insurance Group in a research note issued to investors on Thursday, June 18th. DOWLING & PARTN analyst D. Lukpanov now forecasts that the insurance provider will earn $12.90 per share for the year, down from their previous estimate of $13.50. The consensus estimate for The Hartford Insurance Group’s current full-year earnings is $13.03 per share.
The Hartford Insurance Group (NYSE:HIG – Get 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 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 firm’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.20 EPS.
Check Out Our Latest Stock Report on The Hartford Insurance Group
The Hartford Insurance Group Trading Up 0.9%
The Hartford Insurance Group stock opened at $129.40 on Tuesday. The Hartford Insurance Group 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 stock has a market cap of $35.47 billion, a P/E ratio of 9.09, a P/E/G ratio of 2.33 and a beta of 0.47. The company’s fifty day simple moving average is $133.39 and its 200-day simple moving average is $135.36.
The Hartford Insurance Group Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Monday, June 1st will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Monday, June 1st. The Hartford Insurance Group’s dividend payout ratio is 16.87%.
Insider Activity
In other news, President Adin M. Tooker sold 8,895 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $135.13, for a total transaction of $1,201,981.35. Following the transaction, the president owned 38,208 shares of the company’s stock, valued at approximately $5,163,047.04. This represents a 18.88% decrease in their position. The sale 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. Company insiders own 1.30% of the company’s stock.
Institutional Investors Weigh In On The Hartford Insurance Group
A number of large investors have recently added to or reduced their stakes in HIG. Northwestern Mutual Wealth Management Co. raised its holdings in The Hartford Insurance Group by 286,241.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 73,861,771 shares of the insurance provider’s stock worth $10,178,152,000 after acquiring an additional 73,835,976 shares during the period. State Street Corp grew its position in shares of The Hartford Insurance Group by 0.4% in the third quarter. State Street Corp now owns 16,031,840 shares of the insurance provider’s stock valued at $2,146,749,000 after purchasing an additional 55,983 shares during the last quarter. Geode Capital Management LLC grew its position in shares of The Hartford Insurance Group by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 7,948,948 shares of the insurance provider’s stock valued at $1,091,440,000 after purchasing an additional 34,274 shares during the last quarter. Invesco Ltd. increased its stake in shares of The Hartford Insurance Group by 10.3% in the third quarter. Invesco Ltd. now owns 5,331,293 shares of the insurance provider’s stock worth $711,141,000 after purchasing an additional 496,821 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of The Hartford Insurance Group by 1.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,699,459 shares of the insurance provider’s stock worth $635,490,000 after purchasing an additional 72,448 shares during the last quarter. Institutional investors own 93.42% of the company’s 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.
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