Hartford Financial Services
About: The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
Employees: 18,700
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
114% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 64
28% more call options, than puts
Call options by funds: $77.6M | Put options by funds: $60.4M
11% more capital invested
Capital invested by funds: $27.5B [Q2] → $30.6B (+$3.1B) [Q3]
8% more funds holding
Funds holding: 912 [Q2] → 985 (+73) [Q3]
1% more repeat investments, than reductions
Existing positions increased: 341 | Existing positions reduced: 338
3.37% less ownership
Funds ownership: 92.5% [Q2] → 89.13% (-3.37%) [Q3]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$124
13%
upside
Avg. target
$131
20%
upside
High target
$141
29%
upside
6 analyst ratings
2 positive
33%
4 neutral
67%
0 negative
0%
BMO Capital Michael Zaremski 64% 1-year accuracy 16 / 25 met price target | 29%upside $141 | Market Perform Maintained | 27 Nov 2024 |
Keefe, Bruyette & Woods Meyer Shields 61% 1-year accuracy 54 / 88 met price target | 23%upside $135 | Outperform Maintained | 29 Oct 2024 |
JP Morgan Jimmy Bhullar 55% 1-year accuracy 18 / 33 met price target | 14%upside $125 | Neutral Maintained | 25 Oct 2024 |
UBS Brian Meredith 74% 1-year accuracy 29 / 39 met price target | 23%upside $135 | Buy Maintained | 15 Oct 2024 |
B of A Securities Joshua Shanker 44% 1-year accuracy 24 / 54 met price target | 13%upside $124 | Neutral Maintained | 10 Oct 2024 |
Financial journalist opinion
Based on 6 articles about HIG published over the past 30 days
Neutral
Business Wire
2 days ago
The Hartford Declares Quarterly Dividend Of $375 Per Share Of Series G Preferred Stock
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford's Board of Directors today declared a dividend of $375 on each of the Series G preferred stock (equivalent to $0.375 per depository share) payable on Feb. 18, 2025, to Series G preferred stock shareholders of record at the close of business on Feb. 1, 2025. About The Hartford The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its.
Positive
Zacks Investment Research
1 week ago
Hartford Financial, Workday Unite to Enhance Employee Benefit Solutions
HIG expands its partnership with Workday to enhance employee wellness solutions.
Neutral
Business Wire
1 week ago
The Hartford Expands Partnership With Workday To Provide Simpler, More Personalized Wellness Experiences
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford, a leading provider of employee benefits and absence management services, has been named a strategic Workday Wellness partner.
Positive
Zacks Investment Research
2 weeks ago
Hartford Financial Shares Near 52-Week High: How to Play the Stock
HIG's balance sheet strength provides the financial flexibility to pursue growth initiatives and boost shareholder value.
Positive
Zacks Investment Research
3 weeks ago
5 Multiline Insurers to Watch as Exposure Rises, Pricing Moderates
Better pricing, product redesigns, technological advancement and improving inflation are expected to aid multiline insurers like AIG, PRU, HIG, RDN and CNO.
Positive
Seeking Alpha
3 weeks ago
14 Upcoming Dividend Increases, Including A King
Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend increase is 5.5%, and McDonald's will become a dividend king next year with a 49-year streak. My strategy involves buying, holding, and adding to companies that consistently increase dividends and beat benchmarks, using data from U.S. Dividend Champions and NASDAQ.
Positive
Seeking Alpha
1 month ago
The Hartford: A Safe Insurer To Keep Buying As Indicators Show Growth & Low Debt
The Hartford Financial gets its buy rating from January reaffirmed. This established firm has a diversified business model including growth indicators in insurance, group benefits, and mutual funds. With a strong profit margin vs peers, and stable costs, its earnings should continue to be positive and sustain steady dividends.
Neutral
Business Wire
1 month ago
The Hartford Announces New Leadership Appointments In Global Specialty
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford has expanded Michael Garrison's role to include the International division, along with his current responsibilities as head of the company's U.S. wholesale organization. Additionally, Rick Ciullo was named head of Global Specialty's U.S. retail businesses. The new position broadens Ciullo's current role overseeing Bond and Credit & Political Risk to also include Environmental, Financial Lines, Ocean Marine, Livestock and related retail-focused.
Neutral
Seeking Alpha
1 month ago
The Hartford Financial Services Group, Inc. (HIG) Q3 2024 Earnings Call Transcript
The Hartford Financial Services Group, Inc. (NYSE:HIG ) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants Susan Spivak Bernstein - Senior Vice President, Investor Relations Chris Swift - Chairman and CEO Beth Costello - Chief Financial Officer Morris Tooker - Head of Commercial Lines Melinda Thompson - Head of Personal Lines Mike Fish - Head of Group Benefits Conference Call Participants Brian Meredith - UBS (US) Gregory Peters - Raymond James Andrew Kligerman - TD Cowen Ryan Tunis - Autonomous Research Bob Huang - Morgan Stanley David Motemaden - Evercore ISI Michael Zaremski - BMO Capital Markets Elyse Greenspan - Wells Fargo Joshua Shanker - Bank of America Alex Scott - Barclays Operator Good morning, and welcome to the Hartford Financial's Third Quarter 2024 Results Conference Call and Webcast. All participants are in a listen-only mode.
Positive
Zacks Investment Research
1 month ago
Hartford Financial Q3 Earnings Beat on Personal Lines Growth
HIG's third-quarter results benefit from strong Personal Lines Hartford Funds business. This was partially offset by an increased expense level.
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