Bristlecone Value Partners LLC Takes $779,000 Position in Hagerty, Inc. $HGTY

Posted by Francis Steltz on Jun 14th, 2026

Bristlecone Value Partners LLC purchased a new stake in Hagerty, Inc. (NYSE:HGTY – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 57,965 shares of the company’s stock, valued at approximately $779,000. Hagerty makes up 0.9% of Bristlecone Value Partners LLC’s investment portfolio, making the stock its 24th biggest holding.

Several other large investors have also modified their holdings of HGTY. Goldman Sachs Group Inc. raised its holdings in shares of Hagerty by 24.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 37,383 shares of the company’s stock valued at $338,000 after purchasing an additional 7,459 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Hagerty by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 254,634 shares of the company’s stock valued at $2,576,000 after purchasing an additional 5,077 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of Hagerty by 37.2% in the 2nd quarter. Marshall Wace LLP now owns 22,405 shares of the company’s stock valued at $227,000 after purchasing an additional 6,072 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Hagerty by 46.6% in the 2nd quarter. Bank of America Corp DE now owns 8,571 shares of the company’s stock valued at $87,000 after purchasing an additional 2,726 shares in the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of Hagerty by 2,374.5% in the 2nd quarter. Osaic Holdings Inc. now owns 4,949 shares of the company’s stock valued at $50,000 after purchasing an additional 4,749 shares in the last quarter. Institutional investors own 20.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HGTY. Weiss Ratings lowered shares of Hagerty from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, June 3rd. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Hagerty in a research note on Wednesday. Truist Financial reduced their price objective on shares of Hagerty from $13.00 to $11.00 and set a “hold” rating for the company in a research note on Monday, May 11th. Wall Street Zen lowered shares of Hagerty from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, UBS Group set a $14.00 price objective on shares of Hagerty in a research note on Wednesday. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $13.44.

Get Our Latest Analysis on HGTY

Insider Activity

In other Hagerty news, Director Laurie Harris sold 5,531 shares of the firm’s stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $11.01, for a total value of $60,896.31. Following the completion of the transaction, the director owned 36,689 shares of the company’s stock, valued at approximately $403,945.89. This trade represents a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 16.70% of the company’s stock.

Hagerty Trading Down 0.1%

NYSE HGTY opened at $10.88 on Friday. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.35. The firm has a market cap of $3.74 billion, a PE ratio of 54.42 and a beta of 0.82. The company has a 50 day moving average price of $10.59 and a 200 day moving average price of $11.60. Hagerty, Inc. has a 52 week low of $8.81 and a 52 week high of $14.00.

Hagerty (NYSE:HGTY – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.05). The firm had revenue of $311.83 million for the quarter, compared to the consensus estimate of $284.88 million. Hagerty had a return on equity of 11.94% and a net margin of 5.11%. As a group, sell-side analysts forecast that Hagerty, Inc. will post -0.1 EPS for the current fiscal year.

Hagerty Profile

(Free Report)

Hagerty is a specialized automotive lifestyle and insurance company that caters primarily to collectible car enthusiasts. Its core business centers on offering classic vehicle insurance policies designed to protect antique, vintage and specialty automobiles, motorcycles and boats. These policies typically feature agreed-value coverage, flexible usage options and access to restoration services, aligning with the unique needs of collectors and hobbyists.

Beyond insurance, Hagerty operates a comprehensive suite of community and content services under its automotive lifestyle brand.