Heritage Insurance (NYSE:HRTG) Stock Gets Price Target Bump from Truist Financial

Posted by Stanley Muller on Oct 30th, 2026

Heritage Insurance (NYSE:HRTG – Get Free Report) had its target price lifted by research analysts at Truist Financial from $42.00 to $44.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has a “buy” rating on the insurance provider’s stock. Truist Financial‘s price objective points to a potential upside of 26.40% from the company’s previous close.

A number of other research firms have also commented on HRTG. Zacks Research lowered shares of Heritage Insurance from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. Piper Sandler lifted their price objective on Heritage Insurance from $27.00 to $31.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Raymond James Financial began coverage on shares of Heritage Insurance in a report on Friday, October 16th. They issued a “market perform” rating on the stock. Wall Street Zen upgraded Heritage Insurance from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 17th. Finally, Weiss Ratings raised Heritage Insurance from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 8th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Heritage Insurance currently has a consensus rating of “Moderate Buy” and a consensus target price of $37.50.

Read Our Latest Report on Heritage Insurance

Heritage Insurance Price Performance

Shares of NYSE:HRTG traded down $1.33 during midday trading on Friday, hitting $34.81. The company’s stock had a trading volume of 149,304 shares, compared to its average volume of 342,084. Heritage Insurance has a 12-month low of $20.48 and a 12-month high of $37.87. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market cap of $1.03 billion, a P/E ratio of 4.89 and a beta of 0.92. The business’s 50 day simple moving average is $34.76 and its 200 day simple moving average is $28.55.

Heritage Insurance (NYSE:HRTG – Get Free Report) last posted its earnings results on Wednesday, October 28th. The insurance provider reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.79. Heritage Insurance had a return on equity of 40.67% and a net margin of 25.07%. The company had revenue of $219.24 million during the quarter, compared to analysts’ expectations of $217.34 million. On average, analysts forecast that Heritage Insurance will post 5.33 EPS for the current year.

Insider Buying and Selling

In related news, CFO Kirk Lusk sold 10,000 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $34.16, for a total value of $341,600.00. Following the completion of the transaction, the chief financial officer owned 492,522 shares of the company’s stock, valued at approximately $16,824,551.52. This represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Timothy E. Johns sold 3,500 shares of Heritage Insurance stock in a transaction that occurred on Monday, October 19th. The stock was sold at an average price of $35.91, for a total value of $125,685.00. Following the sale, the insider owned 18,438 shares in the company, valued at $662,108.58. This represents a 15.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 80,569 shares of company stock worth $2,703,920 over the last three months. 9.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Heritage Insurance

Several large investors have recently modified their holdings of the stock. Kestra Private Wealth Services LLC grew its position in shares of Heritage Insurance by 1.9% in the 1st quarter. Kestra Private Wealth Services LLC now owns 26,303 shares of the insurance provider’s stock worth $690,000 after acquiring an additional 489 shares in the last quarter. Optiver Holding B.V. boosted its position in Heritage Insurance by 510.0% during the 1st quarter. Optiver Holding B.V. now owns 1,403 shares of the insurance provider’s stock worth $37,000 after acquiring an additional 1,173 shares during the period. Pinnacle Holdings LLC acquired a new stake in shares of Heritage Insurance in the 2nd quarter worth approximately $48,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of Heritage Insurance by 23.1% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 11,264 shares of the insurance provider’s stock valued at $296,000 after purchasing an additional 2,113 shares during the period. Finally, Counterpoint Mutual Funds LLC grew its stake in shares of Heritage Insurance by 35.9% in the 1st quarter. Counterpoint Mutual Funds LLC now owns 11,854 shares of the insurance provider’s stock worth $311,000 after purchasing an additional 3,133 shares during the last quarter. Institutional investors own 59.03% of the company’s stock.

Heritage Insurance Company Profile

(Get Free Report)

Heritage Insurance Holdings, Inc (NYSE:HRTG) is a property and casualty insurance company focused primarily on residential insurance. Through its insurance subsidiaries, the company provides coverage for homeowners, condominium owners, renters and other residential property owners, including protection against risks such as wind, fire and other covered losses.

Heritage distributes its products through independent agents and other insurance distribution channels. Its business has historically been concentrated in catastrophe-exposed coastal markets, particularly Florida, and has also included operations in additional states across the southeastern United States.