Hagerty (NYSE:HGTY) Price Target Raised to $17.00

Posted by Brenda Bartman on Nov 7th, 2026

Hagerty (NYSE:HGTY – Free Report) had its target price increased by Wells Fargo & Company from $14.00 to $17.00 in a report issued on Wednesday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the stock.

A number of other equities analysts have also recently commented on the company. JPMorgan Chase & Co. lifted their price target on Hagerty from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Tuesday, July 14th. Weiss Ratings upgraded Hagerty from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Truist Financial raised their price objective on Hagerty from $11.00 to $13.00 and gave the company a “hold” rating in a research report on Friday, August 7th. Keefe, Bruyette & Woods raised their price objective on Hagerty from $15.00 to $16.00 and gave the company an “outperform” rating in a research report on Tuesday, August 11th. Finally, Citizens Jmp lifted their target price on Hagerty from $15.00 to $19.00 and gave the stock a “market outperform” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $16.43.

Check Out Our Latest Report on HGTY

Hagerty Stock Performance

Shares of HGTY traded down $0.37 during midday trading on Wednesday, reaching $17.99. The stock had a trading volume of 377,965 shares, compared to its average volume of 335,459. The firm has a 50 day simple moving average of $14.56 and a 200-day simple moving average of $12.18. Hagerty has a one year low of $9.36 and a one year high of $19.41. The firm has a market cap of $6.18 billion, a PE ratio of 299.85 and a beta of 0.83. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.33.

Hagerty (NYSE:HGTY – Get Free Report) last released its quarterly earnings data on Tuesday, November 3rd. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.09. The company had revenue of $354.24 million for the quarter, compared to analyst estimates of $338.99 million. Hagerty had a net margin of 1.81% and a return on equity of 5.15%. As a group, sell-side analysts anticipate that Hagerty will post 0.06 EPS for the current year.

Insider Buying and Selling at Hagerty

In other news, major shareholder Holding Corp. Hagerty sold 9,250,000 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $11.47, for a total transaction of $106,097,500.00. Following the completion of the sale, the insider owned 9,250,000 shares in the company, valued at approximately $106,097,500. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 3.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vise Technologies Inc. acquired a new stake in Hagerty during the third quarter worth approximately $139,000. E. Ohman J or Asset Management AB boosted its holdings in shares of Hagerty by 4.2% during the third quarter. E. Ohman J or Asset Management AB now owns 48,047 shares of the company’s stock worth $647,000 after acquiring an additional 1,941 shares during the period. State of Alaska Department of Revenue bought a new stake in shares of Hagerty during the third quarter worth approximately $55,000. Lincoln Capital LLC grew its position in shares of Hagerty by 38.7% in the third quarter. Lincoln Capital LLC now owns 1,350,809 shares of the company’s stock valued at $18,209,000 after purchasing an additional 377,158 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of Hagerty in the second quarter valued at approximately $170,000. Institutional investors and hedge funds own 20.51% of the company’s stock.

Hagerty Company Profile

(Get Free Report)

Hagerty, Inc is an automotive lifestyle and insurance company focused on enthusiasts and owners of classic, collector and specialty vehicles. The company provides insurance brokerage and related services designed for collector vehicles, with coverage generally underwritten by third-party insurance carriers.

In addition to insurance, Hagerty offers vehicle valuation and pricing information, membership programs, editorial content, events and enthusiast-focused digital services. Its offerings include Hagerty Drivers Club, Hagerty Valuations and Hagerty Marketplace, which connects buyers and sellers of collectible vehicles.