The Hanover Insurance Group (NYSE:THG) Sets New 12-Month High Following Analyst Upgrade

Posted by Geri Gentry on Oct 30th, 2026

The Hanover Insurance Group, Inc. (NYSE:THG – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday after Morgan Stanley raised their price target on the stock from $230.00 to $235.00. Morgan Stanley currently has an equal weight rating on the stock. The Hanover Insurance Group traded as high as $241.85 and last traded at $241.3880, with a volume of 107,554 shares. The stock had previously closed at $235.12.

A number of other analysts also recently commented on THG. Zacks Research raised The Hanover Insurance Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Oppenheimer reiterated an “outperform” rating and set a $260.00 price target on shares of The Hanover Insurance Group in a research report on Tuesday, October 13th. Keefe, Bruyette & Woods upped their price objective on shares of The Hanover Insurance Group from $222.00 to $232.00 and gave the company a “market perform” rating in a research note on Friday, September 18th. Royal Bank Of Canada lifted their price objective on The Hanover Insurance Group from $235.00 to $245.00 and gave the company a “sector perform” rating in a research report on Friday. Finally, Citizens Jmp lifted their target price on shares of The Hanover Insurance Group from $240.00 to $250.00 and gave the stock a “market outperform” rating in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, The Hanover Insurance Group has an average rating of “Moderate Buy” and an average target price of $235.00.

Check Out Our Latest Stock Report on The Hanover Insurance Group

Insider Activity at The Hanover Insurance Group

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Basecamp Wealth Advisors LLC lifted its holdings in shares of The Hanover Insurance Group by 19.1% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 343 shares of the insurance provider’s stock valued at $59,000 after purchasing an additional 55 shares during the last quarter. Quadrant Capital Group LLC grew its stake in shares of The Hanover Insurance Group by 0.8% during the third quarter. Quadrant Capital Group LLC now owns 6,841 shares of the insurance provider’s stock worth $1,522,000 after acquiring an additional 56 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of The Hanover Insurance Group by 5.5% during the first 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. Versant Capital Management Inc raised its position in shares of The Hanover Insurance Group by 7.1% in the 3rd quarter. Versant Capital Management Inc now owns 922 shares of the insurance provider’s stock valued at $197,000 after purchasing an additional 61 shares during the last quarter. Finally, World Investment Advisors raised its position in shares of The Hanover Insurance Group by 3.1% in the 1st quarter. World Investment Advisors now owns 2,359 shares of the insurance provider’s stock valued at $409,000 after purchasing an additional 71 shares during the last quarter. Hedge funds and other institutional investors own 86.61% of the company’s stock.

The Hanover Insurance Group Stock Up 2.7%

The company has a market capitalization of $8.41 billion, a price-to-earnings ratio of 11.55 and a beta of 0.23. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.38 and a current ratio of 0.38. The business’s 50 day moving average is $226.06 and its 200 day moving average is $199.71.

The Hanover Insurance Group (NYSE:THG – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The insurance provider reported $5.15 EPS for the quarter, beating the consensus estimate of $4.62 by $0.53. The Hanover Insurance Group had a net margin of 10.97% and a return on equity of 21.39%. The business had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the firm earned $5.09 EPS. Sell-side analysts anticipate that The Hanover Insurance Group, Inc. will post 20.35 earnings per share for the current year.

The Hanover Insurance Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th 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, September 11th. The Hanover Insurance Group’s dividend payout ratio (DPR) is currently 18.14%.

The Hanover Insurance Group Company Profile

(Get 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 principal operating subsidiary is The Hanover Insurance Company, which traces its roots to 1852 and is headquartered in Worcester, Massachusetts.

The company offers personal insurance products such as automobile, homeowners, condominium, renters and umbrella coverage. Its commercial insurance business serves small and midsize businesses with products that include commercial property, general liability, commercial automobile, workers’ compensation and other specialized coverages.

The Hanover also provides specialty insurance solutions for select industries and risks, including professional liability, management liability, marine and other niche commercial exposures.