Globeflex Capital L P Purchases New Shares in The Hanover Insurance Group, Inc. $THG

25 Aug 2026, 08:52 by Michael Walen · The Markets Daily

Globeflex Capital L P purchased a new position in The Hanover Insurance Group, Inc. (NYSE:THG – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,402 shares of the insurance provider’s stock, valued at approximately $728,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPL Wealth Management LLC purchased a new stake in The Hanover Insurance Group during the third quarter valued at about $26,000. McMillan Office Inc. acquired a new position in shares of The Hanover Insurance Group in the fourth quarter worth about $31,000. Entrust Financial LLC purchased a new position in shares of The Hanover Insurance Group in the fourth quarter worth approximately $33,000. Clearstead Trust LLC purchased a new position in shares of The Hanover Insurance Group in the second quarter worth approximately $36,000. Finally, Root Financial Partners LLC raised its holdings in shares of The Hanover Insurance Group by 69.3% during the first quarter. Root Financial Partners LLC now owns 237 shares of the insurance provider’s stock valued at $41,000 after acquiring an additional 97 shares during the period. Institutional investors and hedge funds own 86.61% of the company’s stock.

The Hanover Insurance Group Price Performance

Shares of NYSE:THG opened at $227.72 on Tuesday. The firm has a market cap of $7.93 billion, a price-to-earnings ratio of 10.87 and a beta of 0.27. The Hanover Insurance Group, Inc. has a 1 year low of $166.54 and a 1 year high of $236.07. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.22. The business has a fifty day simple moving average of $217.59 and a 200 day simple moving average of $193.88.

The Hanover Insurance Group (NYSE:THG – Get Free Report) last issued its earnings results on Tuesday, July 28th. The insurance provider reported $5.31 EPS for the quarter, beating analysts’ consensus estimates of $3.84 by $1.47. The Hanover Insurance Group had a return on equity of 21.72% and a net margin of 11.17%.The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter in the previous year, the company posted $4.35 earnings per share. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. As a group, sell-side analysts predict that The Hanover Insurance Group, Inc. will post 20.17 earnings per share for the current fiscal year.

The Hanover Insurance Group announced that its board has initiated a stock repurchase plan on Wednesday, May 13th that allows the company to repurchase $700.00 million in shares. This repurchase authorization allows the insurance provider to reacquire up to 10.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

The Hanover Insurance Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, June 12th. The Hanover Insurance Group’s payout ratio is currently 18.14%.

Insider Activity at The Hanover Insurance Group

In related news, Director Jane D. Carlin sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $231.50, for a total transaction of $231,500.00. Following the transaction, the director owned 2,270 shares of the company’s stock, valued at approximately $525,505. This trade represents a 30.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dennis Francis Kerrigan sold 2,104 shares of The Hanover Insurance Group stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $222.41, for a total transaction of $467,950.64. Following the completion of the sale, the executive vice president owned 12,003 shares of the company’s stock, valued at $2,669,587.23. This trade represents a 14.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 9,655 shares of company stock valued at $2,145,846. 2.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Zacks Research upgraded shares of The Hanover Insurance Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Royal Bank Of Canada lifted their price objective on shares of The Hanover Insurance Group from $215.00 to $235.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 30th. Keefe, Bruyette & Woods boosted their target price on shares of The Hanover Insurance Group from $220.00 to $222.00 and gave the company a “market perform” rating in a research note on Thursday, August 6th. Piper Sandler lowered The Hanover Insurance Group from an “overweight” rating to a “neutral” rating and set a $220.00 target price for the company. in a report on Wednesday, July 15th. Finally, Morgan Stanley raised their target price on The Hanover Insurance Group from $235.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 19th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $225.71.

Read Our Latest Research Report on THG

About The Hanover Insurance Group

(Free Report)

The Hanover Insurance Group, Inc (NYSE: THG) is a property and casualty insurance company that provides a range of commercial and personal insurance products. Through its subsidiary companies, Hanover offers coverage for businesses of all sizes, including workers’ compensation, general liability, commercial auto, and professional liability. On the personal lines side, the company underwrites homeowners, personal auto, flood, and umbrella policies designed to meet the needs of individuals and families.