Ieq Capital LLC Takes Position in The Hanover Insurance Group, Inc. $THG

Posted by Geri Gentry on Aug 23rd, 2026

Ieq Capital LLC bought a new stake in shares of The Hanover Insurance Group, Inc. (NYSE:THG – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 51,099 shares of the insurance provider’s stock, valued at approximately $10,941,000.

Several other hedge funds also recently modified their holdings of THG. Basecamp Wealth Advisors LLC grew its holdings in The Hanover Insurance Group by 19.1% during the first quarter. Basecamp Wealth Advisors LLC now owns 343 shares of the insurance provider’s stock worth $59,000 after buying an additional 55 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in The Hanover Insurance Group by 5.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,127 shares of the insurance provider’s stock valued at $195,000 after acquiring an additional 59 shares in the last quarter. Crossmark Global Holdings Inc. lifted its stake in The Hanover Insurance Group by 3.5% during the 4th quarter. Crossmark Global Holdings Inc. now owns 1,880 shares of the insurance provider’s stock valued at $344,000 after acquiring an additional 64 shares in the last quarter. Ballentine Partners LLC boosted its holdings in The Hanover Insurance Group by 3.4% during the 4th quarter. Ballentine Partners LLC now owns 2,026 shares of the insurance provider’s stock worth $370,000 after acquiring an additional 66 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its holdings in The Hanover Insurance Group by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 12,020 shares of the insurance provider’s stock worth $2,183,000 after acquiring an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 86.61% of the company’s stock.

The Hanover Insurance Group Trading Up 0.1%

NYSE THG opened at $223.23 on Friday. The business’s fifty day moving average is $217.00 and its 200-day moving average is $193.36. 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 stock has a market capitalization of $7.77 billion, a price-to-earnings ratio of 10.66 and a beta of 0.27. The Hanover Insurance Group, Inc. has a one year low of $166.54 and a one year high of $236.07.

The Hanover Insurance Group (NYSE:THG – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The insurance provider reported $5.31 earnings per share for the quarter, beating the consensus estimate of $3.84 by $1.47. The Hanover Insurance Group had a net margin of 11.17% and a return on equity of 21.72%. The company had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the prior year, the business earned $4.35 earnings per share. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. Equities research analysts predict that The Hanover Insurance Group, Inc. will post 20.17 EPS for the current year.

The Hanover Insurance Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were paid a dividend of $0.95 per share. The ex-dividend date was Friday, June 12th. This represents a $3.80 annualized dividend and a dividend yield of 1.7%. The Hanover Insurance Group’s dividend payout ratio (DPR) is presently 18.14%.

The Hanover Insurance Group declared that its Board of Directors has approved a share repurchase plan on Wednesday, May 13th that permits the company to buyback $700.00 million in outstanding shares. This buyback authorization permits the insurance provider to reacquire up to 10.6% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Zacks Research upgraded shares of The Hanover Insurance Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Citizens Jmp raised their price target on shares of The Hanover Insurance Group from $225.00 to $240.00 and gave the company a “market outperform” rating in a research report on Wednesday, July 29th. Keefe, Bruyette & Woods boosted their price target on shares of The Hanover Insurance Group from $220.00 to $222.00 and gave the stock a “market perform” rating in a report on Thursday, August 6th. Oppenheimer upped their price objective on shares of The Hanover Insurance Group from $205.00 to $220.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Finally, BMO Capital Markets lowered shares of The Hanover Insurance Group from an “outperform” rating to a “market perform” rating and increased their price objective for the company from $194.00 to $203.00 in a research note on Tuesday, May 19th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $225.71.

View Our Latest Stock Analysis on THG

Insider Activity at The Hanover Insurance Group

In related news, EVP Dennis Francis Kerrigan sold 2,104 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $222.41, for a total value of $467,950.64. Following the transaction, the executive vice president owned 12,003 shares in the company, valued at approximately $2,669,587.23. This represents a 14.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jane D. Carlin sold 1,000 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $231.50, for a total value of $231,500.00. Following the transaction, the director directly owned 2,270 shares of the company’s stock, valued at approximately $525,505. This trade represents a 30.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 9,655 shares of company stock valued at $2,145,846. 2.80% of the stock is currently owned by company insiders.

About The Hanover Insurance Group

(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.