The Hartford Insurance Group (NYSE:HIG) Price Target Cut to $144.00 by Analysts at Mizuho

Key Points

• Mizuho lowered The Hartford’s price target to $144 from $154 while maintaining a neutral rating, implying approximately 12.7% upside from the prior close.
• Analyst sentiment remains mixed: six analysts rate HIG a Buy and 11 rate it Hold, producing an overall consensus rating of Hold and an average target price of $146.67.
• HIG reported quarterly EPS of $3.42, exceeding estimates of $3.16, while revenue rose 8.1% year over year to $7.26 billion. Institutional investors own approximately 93.4% of the company’s shares.

The Hartford Insurance Group (NYSE:HIG - Get Free Report) had its price objective reduced by equities researchers at Mizuho from $154.00 to $144.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has a "neutral" rating on the insurance provider's stock. Mizuho's price objective would suggest a potential upside of 12.73% from the stock's previous close.

Other equities analysts have also issued research reports about the stock. Weiss Ratings lowered shares of The Hartford Insurance Group from a "buy (a-)" rating to a "buy (b+)" rating in a research report on Tuesday, September 22nd. Morgan Stanley reduced their target price on shares of The Hartford Insurance Group from $145.00 to $135.00 and set an "equal weight" rating for the company in a research report on Tuesday. JPMorgan Chase & Co. raised their price target on shares of The Hartford Insurance Group from $149.00 to $152.00 and gave the stock a "neutral" rating in a research note on Monday, July 20th. UBS Group lowered their price target on shares of The Hartford Insurance Group from $155.00 to $149.00 and set a "buy" rating on the stock in a report on Tuesday. Finally, Barclays decreased their target price on The Hartford Insurance Group from $156.00 to $155.00 and set an "overweight" rating for the company in a research report on Friday, June 12th. Six equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $146.67.

The Hartford Insurance Group Stock Performance

Shares of HIG stock traded up $0.94 during trading on Wednesday, hitting $127.73. The company's stock had a trading volume of 582,350 shares, compared to its average volume of 1,627,020. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.23. The company has a market cap of $34.60 billion, a PE ratio of 8.26, a P/E/G ratio of 2.09 and a beta of 0.49. The business has a fifty day moving average of $135.67 and a 200-day moving average of $135.16. The Hartford Insurance Group has a 52 week low of $120.33 and a 52 week high of $146.07.

The Hartford Insurance Group (NYSE:HIG - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The insurance provider reported $3.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.16 by $0.26. The firm had revenue of $7.26 billion during the quarter, compared to the consensus estimate of $7.17 billion. The Hartford Insurance Group had a return on equity of 21.66% and a net margin of 15.00%.The business's revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.41 EPS. As a group, research analysts anticipate that The Hartford Insurance Group will post 12.79 earnings per share for the current year.

Institutional Investors Weigh In On The Hartford Insurance Group

Institutional investors have recently made changes to their positions in the stock. First Pacific Financial bought a new stake in shares of The Hartford Insurance Group during the 1st quarter valued at $26,000. MidFirst Bank purchased a new stake in shares of The Hartford Insurance Group in the second quarter worth about $26,000. Navigoe LLC purchased a new stake in shares of The Hartford Insurance Group in the second quarter worth about $27,000. Polaris Financial Partners bought a new position in shares of The Hartford Insurance Group in the third quarter valued at approximately $27,000. Finally, Phillip James Consulting Co. purchased a new position in The Hartford Insurance Group during the first quarter valued at approximately $29,000. Hedge funds and other institutional investors own 93.42% of the company's stock.

Trending Headlines about The Hartford Insurance Group

Here are the key news stories impacting The Hartford Insurance Group this week:

• Positive Sentiment: Cantor Fitzgerald raised its price target to $145 from $144 and assigned an “overweight” rating, indicating roughly 14% potential upside from the referenced price. The upgrade in target reinforces a favorable view of HIG’s valuation and prospects. Benzinga analyst update
• Positive Sentiment: UBS maintained its “buy” rating and still sees meaningful upside, with a $149 target. While the target was reduced from $155, the continued buy recommendation supports investor confidence. UBS adjusts Hartford price target
• Positive Sentiment: A Seeking Alpha analysis highlights HIG’s potential for value-enhancing capital recycling and shareholder returns, which could support the stock through capital deployment, buybacks, dividends, or portfolio optimization. Hartford Insurance: Watch Value-Enhancing Capital Recycling And Shareholder Returns
• Neutral Sentiment: Morgan Stanley lowered its price target to $135 from $145 and shifted to an “equal weight” rating. The revised target still implies modest upside but signals less conviction than other analysts. Benzinga analyst update
• Neutral Sentiment: UBS also reduced its target, creating a mixed analyst picture: ratings remain favorable, but estimates have generally become more conservative. Recent earnings information shows HIG continues to have solid profitability and a low valuation, though no new operating update was provided in these articles.

The Hartford Insurance Group Company Profile

The Hartford Financial Services Group, Inc, commonly known as The Hartford, is an insurance and financial services company headquartered in Hartford, Connecticut. Founded in 1810, the company provides insurance products and related services to businesses, individuals and institutional customers primarily in the United States.

The Hartford's main business includes commercial property and casualty insurance, workers' compensation, liability coverage, commercial auto insurance and other products for businesses of various sizes.

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