Brokerages Set The Hanover Insurance Group, Inc. (NYSE:THG) Target Price at $223.29

Posted by Brian Himes on Aug 4th, 2026

The Hanover Insurance Group, Inc. (NYSE:THG – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the ten brokerages that are covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $223.2857.

A number of brokerages have recently weighed in on THG. Citigroup reissued an “outperform” rating on shares of The Hanover Insurance Group in a report on Friday, July 10th. Zacks Research downgraded The Hanover Insurance Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. BMO Capital Markets lowered The Hanover Insurance Group from an “outperform” rating to a “market perform” rating and upped their target price for the company from $194.00 to $203.00 in a research report on Tuesday, May 19th. Royal Bank Of Canada increased their price target on shares of The Hanover Insurance Group from $215.00 to $235.00 and gave the stock a “sector perform” rating in a report on Thursday. Finally, Citizens Jmp raised their price target on shares of The Hanover Insurance Group from $225.00 to $240.00 and gave the stock a “market outperform” rating in a research report on Wednesday, July 29th.

Read Our Latest Report on The Hanover Insurance Group

The Hanover Insurance Group Price Performance

Shares of THG opened at $232.18 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.38 and a quick ratio of 0.38. The company’s fifty day moving average price is $207.60 and its 200-day moving average price is $188.24. The Hanover Insurance Group has a 1-year low of $165.50 and a 1-year high of $236.07. The firm has a market capitalization of $8.08 billion, a PE ratio of 11.08 and a beta of 0.28.

The Hanover Insurance Group (NYSE:THG – Get Free Report) last issued its earnings results on Tuesday, July 28th. The insurance provider reported $5.31 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter last year, the business posted $4.35 EPS. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. On average, equities research analysts predict that The Hanover Insurance Group will post 19.15 EPS for the current year.

The Hanover Insurance Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were issued a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, June 12th. The Hanover Insurance Group’s dividend payout ratio is 18.14%.

The Hanover Insurance Group announced that its board has authorized a share buyback program on Wednesday, May 13th that allows the company to repurchase $700.00 million in outstanding shares. This repurchase authorization allows the insurance provider to reacquire up to 10.6% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at The Hanover Insurance Group

In other The Hanover Insurance Group news, Director Francisco Aristeguieta sold 1,000 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $195.37, for a total transaction of $195,370.00. Following the sale, the director directly owned 4,053 shares of the company’s stock, valued at approximately $791,834.61. This trade represents a 19.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Dennis Francis Kerrigan sold 6,262 shares of The Hanover Insurance Group stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $192.99, for a total value of $1,208,503.38. Following the transaction, the executive vice president owned 11,988 shares of the company’s stock, valued at $2,313,564.12. The trade was a 34.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 26,108 shares of company stock worth $5,063,751. 2.80% of the stock is currently owned by company insiders.

Institutional Trading of The Hanover Insurance Group

A number of hedge funds have recently modified their holdings of the stock. JPL Wealth Management LLC purchased a new position in The Hanover Insurance Group during the third quarter valued at approximately $26,000. McMillan Office Inc. purchased a new stake in The Hanover Insurance Group in the 4th quarter worth approximately $31,000. Entrust Financial LLC purchased a new stake in The Hanover Insurance Group in the 4th quarter worth approximately $33,000. Root Financial Partners LLC grew its stake in shares of The Hanover Insurance Group by 69.3% during the 1st quarter. Root Financial Partners LLC now owns 237 shares of the insurance provider’s stock worth $41,000 after purchasing an additional 97 shares during the period. Finally, IFP Advisors Inc grew its stake in shares of The Hanover Insurance Group by 146.2% during the 4th quarter. IFP Advisors Inc now owns 256 shares of the insurance provider’s stock worth $47,000 after purchasing an additional 152 shares during the period. Hedge funds and other institutional investors own 86.61% of the company’s stock.

The Hanover Insurance Group Company Profile

(Get 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.

In addition to its core commercial and personal insurance offerings, Hanover maintains a specialty arm that focuses on niche markets through tailored product solutions.