Hippo (NYSE:HIPO) Upgraded by Texas Capital to “Strong-Buy” Rating

Posted by Geri Gentry on Jun 11th, 2026

Texas Capital upgraded shares of Hippo (NYSE:HIPO – Free Report) to a strong-buy rating in a research report released on Tuesday morning,Zacks.com reports.

Several other research analysts have also commented on the company. Weiss Ratings upgraded Hippo from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Zacks Research upgraded Hippo to a “hold” rating in a report on Tuesday, March 3rd. B. Riley Financial started coverage on Hippo in a report on Friday, April 17th. They set a “buy” rating and a $38.00 price target on the stock. Finally, Keefe, Bruyette & Woods lifted their price target on Hippo from $30.00 to $32.00 and gave the stock a “market perform” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Hippo has a consensus rating of “Moderate Buy” and an average target price of $38.33.

Read Our Latest Analysis on HIPO

Hippo Price Performance

Shares of HIPO opened at $25.72 on Tuesday. The stock has a market capitalization of $669.72 million, a PE ratio of 5.95 and a beta of 1.51. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.99 and a current ratio of 0.99. The company has a 50 day moving average price of $26.60 and a 200-day moving average price of $28.41. Hippo has a fifty-two week low of $24.08 and a fifty-two week high of $38.98.

Hippo (NYSE:HIPO – Get Free Report) last released its quarterly earnings results on Wednesday, March 4th. The company reported $0.67 EPS for the quarter. The business had revenue of $120.40 million during the quarter. Hippo had a net margin of 23.45% and a return on equity of 12.17%. Equities analysts predict that Hippo will post 1.03 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Richard Mccathron sold 5,000 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $27.10, for a total transaction of $135,500.00. Following the transaction, the chief executive officer directly owned 604,212 shares in the company, valued at approximately $16,374,145.20. This represents a 0.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Torben Ostergaard sold 3,667 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $26.10, for a total value of $95,708.70. Following the transaction, the chief executive officer owned 65,673 shares in the company, valued at $1,714,065.30. This trade represents a 5.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 13,667 shares of company stock worth $361,459 over the last quarter. 10.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Hippo

Several large investors have recently added to or reduced their stakes in HIPO. Stoic Point Capital Management LLC grew its stake in Hippo by 0.8% in the first quarter. Stoic Point Capital Management LLC now owns 251,116 shares of the company’s stock valued at $6,544,000 after purchasing an additional 2,100 shares in the last quarter. Quantinno Capital Management LP raised its holdings in Hippo by 118.7% in the 1st quarter. Quantinno Capital Management LP now owns 17,529 shares of the company’s stock valued at $457,000 after acquiring an additional 9,515 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Hippo by 25.4% in the 1st quarter. Sei Investments Co. now owns 161,440 shares of the company’s stock worth $4,207,000 after buying an additional 32,728 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Hippo by 8.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 394,907 shares of the company’s stock worth $10,291,000 after buying an additional 29,993 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in Hippo during the 1st quarter valued at $253,000. 43.01% of the stock is currently owned by hedge funds and other institutional investors.

Hippo Company Profile

(Get Free Report)

Hippo Enterprises Inc is a technology-driven home insurance company that offers modernized homeowners insurance products through a digital-first platform. Leveraging data analytics, artificial intelligence and smart home devices, the company designs tailored coverage plans intended to streamline the underwriting process and deliver more comprehensive protection for homeowners. Hippo’s policies typically include standard dwelling coverage, personal property protection and liability insurance, along with optional add-ons such as water backup, home computer systems and equipment breakdown coverage.

Through its online portal and partner network of licensed insurance agents, Hippo provides policyholders with a range of services aimed at minimizing risk and preventing losses before they occur.