Hanover Insurance
About: The Hanover Insurance Group Inc is a holding company whose primary business is offering property and casualty insurance products and services. The company markets itself through independent agents and brokers in the United States while conducting business internationally through a wholly owned subsidiary, Chaucer Holdings Limited, domiciled in the United Kingdom. The company conducts business operations through three operating segments: Commercial Lines, Personal Lines, and Other. The company operates an investment portfolio that is exposed to fixed-income securities.
Employees: 4,800
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
29% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 117
23% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 40
14% more capital invested
Capital invested by funds: $4.01B [Q2] → $4.59B (+$577M) [Q3]
1% more funds holding
Funds holding: 366 [Q2] → 370 (+4) [Q3]
1.38% less ownership
Funds ownership: 89.01% [Q2] → 87.62% (-1.38%) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$170
9%
upside
Avg. target
$176
12%
upside
High target
$180
15%
upside
7 analyst ratings
4 positive
57%
3 neutral
43%
0 negative
0%
Keefe, Bruyette & Woods Meyer Shields 64% 1-year accuracy 68 / 106 met price target | 13%upside $176 | Market Perform Maintained | 10 Jan 2025 |
BMO Capital Michael Zaremski 69% 1-year accuracy 18 / 26 met price target | 15%upside $180 | Outperform Maintained | 19 Dec 2024 |
Morgan Stanley Bob Huang 47% 1-year accuracy 7 / 15 met price target | 9%upside $170 | Equal-Weight Initiated | 5 Dec 2024 |
Janney Montgomery Scott Robert Farnam 100% 1-year accuracy 1 / 1 met price target | 13%upside $176 | Neutral Downgraded | 21 Nov 2024 |
Piper Sandler Paul Newsome 79% 1-year accuracy 37 / 47 met price target | 12%upside $175 | Overweight Maintained | 1 Nov 2024 |
Financial journalist opinion
Based on 3 articles about THG published over the past 30 days
Neutral
PRNewsWire
4 days ago
The Hanover Recognized by Newsweek and the Human Rights Campaign Foundation
WORCESTER, Mass. , Jan. 16, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) recently has been recognized by Newsweek as one of America's Most Responsible Companies and by the Human Rights Campaign Foundation with a score of 100 on its Corporate Equality Index.
Positive
Zacks Investment Research
2 weeks ago
Is The Hanover Insurance Group (THG) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Zacks Investment Research
4 weeks ago
THG Stock Trades at a Premium to the Industry: What Should You Do Now?
THG stands to gain from growth in the Core Commercial and Specialty segments, stable retention, better pricing, strong market presence and solid capital position.
Neutral
PRNewsWire
1 month ago
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of The Hanover Insurance Group, Inc. (NYSE: THG)
NEW YORK , Dec. 19, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating The Hanover Insurance Group, Inc. (NYSE: THG) on behalf of the company's shareholders. The investigation seeks to determine whether The Hanover Insurance Group's directors breached their fiduciary duties in connection with recent corporate actions.
Neutral
PRNewsWire
1 month ago
The Hanover Insurance Group, Inc. to Issue Fourth Quarter Financial Results on February 4
WORCESTER, Mass. , Dec. 19, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its fourth quarter and full-year financial results after the market closes on Tuesday, February 4, 2025.
Positive
Seeking Alpha
1 month ago
17 Upcoming Dividend Increases, Including A King
With the holiday season underway, I present 17 companies with dividend increases for 2024, including Becton, Dickinson, and Company, a dividend king with a 52-year streak. My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ. I prioritize companies with strong historical returns and high 10-year dividend growth rates, comparing them against the Schwab U.S. Dividend Equity ETF.
Positive
Zacks Investment Research
1 month ago
Hanover Insurance Rewards Shareholders With 5.9% Dividend Hike
THG's recent dividend hike reflects its intention to enhance shareholders' value, supported by a strong financial position.
Neutral
PRNewsWire
1 month ago
The Hanover Insurance Group, Inc. Increases Quarterly Dividend to $0.90 Per Common Share
WORCESTER, Mass. , Dec. 2, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has approved an increase in the company's quarterly dividend to $0.90 per share on the issued and outstanding common stock of the company, payable December 27, 2024, to shareholders of record at the close of business on December 13, 2024.
Positive
Zacks Investment Research
2 months ago
THG Stock Up 34.4% YTD: Time to Add to Your Portfolio for Better Return?
Hanover Insurance stands to gain from growth in the Core Commercial and Specialty segments, stable retention, better pricing, strong market presence and solid capital position.
Neutral
Seeking Alpha
2 months ago
The Hanover Insurance Group, Inc. (THG) Q3 2024 Earnings Call Transcript
The Hanover Insurance Group, Inc. (THG) Q3 2024 Earnings Call Transcript
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