Engineers Gate Manager LP Sells 45,024 Shares of The Hanover Insurance Group, Inc. $THG

Posted by George Bondi on Sep 16th, 2026

Engineers Gate Manager LP decreased its holdings in The Hanover Insurance Group, Inc. (NYSE:THG – Free Report) by 82.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,617 shares of the insurance provider’s stock after selling 45,024 shares during the quarter. Engineers Gate Manager LP’s holdings in The Hanover Insurance Group were worth $2,059,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Clearstead Trust LLC bought a new stake in shares of The Hanover Insurance Group in the second quarter worth approximately $36,000. Entrust Financial LLC purchased a new position in shares of The Hanover Insurance Group during the fourth quarter valued at approximately $33,000. Root Financial Partners LLC lifted its position in The Hanover Insurance Group by 69.3% during the first quarter. Root Financial Partners LLC now owns 237 shares of the insurance provider’s stock valued at $41,000 after purchasing an additional 97 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in The Hanover Insurance Group during the second quarter valued at approximately $51,000. Finally, IFP Advisors Inc boosted its holdings in The Hanover Insurance Group by 146.2% in the fourth 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 last quarter. Institutional investors own 86.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on THG shares. Citigroup reaffirmed an “outperform” rating on shares of The Hanover Insurance Group in a research report on Friday, July 10th. Weiss Ratings raised The Hanover Insurance Group from a “buy (a-)” rating to a “buy (a)” rating in a report on Thursday, July 30th. Citizens Jmp raised their price target on The Hanover Insurance Group from $225.00 to $240.00 and gave the stock a “market outperform” rating in a research note on Wednesday, July 29th. Piper Sandler lowered The Hanover Insurance Group from an “overweight” rating to a “neutral” rating and set a $220.00 price objective for the company. in a report on Wednesday, July 15th. Finally, Oppenheimer upped their price objective on The Hanover Insurance Group from $205.00 to $220.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, The Hanover Insurance Group has a consensus rating of “Moderate Buy” and a consensus price target of $225.71.

View Our Latest Report on The Hanover Insurance Group

Insider Buying and Selling at The Hanover Insurance Group

In related news, Director Jane D. Carlin sold 1,000 shares of the company’s 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 completion of the transaction, the director owned 2,270 shares of the company’s stock, valued at approximately $525,505. This represents a 30.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Dennis Kerrigan sold 6,551 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $220.79, for a total value of $1,446,395.29. Following the completion of the sale, the executive vice president owned 12,003 shares of the company’s stock, valued at $2,650,142.37. The trade was a 35.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,655 shares of company stock valued at $2,145,846 in the last ninety days. 2.80% of the stock is currently owned by insiders.

The Hanover Insurance Group Price Performance

NYSE THG opened at $232.95 on Wednesday. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.22. The Hanover Insurance Group, Inc. has a 12 month low of $166.54 and a 12 month high of $236.07. The stock has a market cap of $8.11 billion, a price-to-earnings ratio of 11.12 and a beta of 0.26. The company’s 50 day moving average is $223.18 and its two-hundred day moving average is $199.89.

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, topping analysts’ consensus estimates of $3.84 by $1.47. The business had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.65 billion. The Hanover Insurance Group had a net margin of 11.17% and a return on equity of 21.72%. The company’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the business posted $4.35 earnings per share. As a group, research analysts anticipate that The Hanover Insurance Group, Inc. will post 20.17 earnings per share for the current year.

The Hanover Insurance Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a dividend of $0.95 per share. The ex-dividend date is Friday, September 11th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.6%. The Hanover Insurance Group’s payout ratio is 18.14%.

The Hanover Insurance Group Company Profile

(Free Report)

The Hanover Insurance Group, Inc is a holding company that provides property and casualty insurance products and services through a network of independent agents. Its offerings are designed for individuals, families, businesses and specialty-market customers, with a focus on helping policyholders manage risks involving property, automobiles, liability and business operations.

The company’s personal lines business includes automobile, homeowners, renters, condominium, umbrella and related insurance products.