The Hartford Insurance Group (NYSE:HIG) Stock Price Breaks Below 200-Day Moving Average - Here's Why

Key Points

• HIG shares fell below their 200-day moving average, trading as low as $132.18 versus the $135.43 average, despite a quarterly adjusted-earnings beat.
• Third-quarter adjusted EPS was $3.50, ahead of the $3.17 consensus, while revenue rose 3.9% to $7.22 billion but missed estimates; catastrophe losses and lower year-over-year core earnings weighed on results.
• The company raised its quarterly dividend 12% to $0.67 per share and expects the Hartford Funds sale to close as early as December 1. Analysts maintain a consensus “Hold” rating with an average price target of $145.25.

Shares of The Hartford Insurance Group, Inc. (NYSE:HIG - Get Free Report) passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $135.43 and traded as low as $132.18. The Hartford Insurance Group shares last traded at $133.7030, with a volume of 4,363,584 shares traded.

Key The Hartford Insurance Group News

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

• Positive Sentiment: HIG reported third-quarter adjusted earnings of $3.50 per share, exceeding the $3.17 analyst consensus by 11.1%. Higher investment income and premium growth helped offset elevated catastrophe losses. HIG Q3 Earnings Beat on Investment Income and Premium Growth
• Positive Sentiment: The company raised its quarterly dividend approximately 12%, from $0.60 to $0.67 per share, or $2.68 annualized. The dividend is payable January 5, 2027, to shareholders of record December 1. Hartford signals Hartford Funds sale close as early as Dec. 1 while raising quarterly dividend
• Positive Sentiment: Hartford indicated that the sale of Hartford Funds could close as early as December 1. Closing the transaction may provide additional capital flexibility and sharpen the company’s focus on its core insurance operations. Hartford Funds sale update
• Neutral Sentiment: Third-quarter revenue increased 3.9% year over year to $7.22 billion, while net margin was 15% and return on equity was 21.66%. Analysts, however, had expected $7.37 billion in revenue. The Hartford Reports Strong Third Quarter 2026 Financial Results
• Negative Sentiment: Core earnings declined from $3.78 per share in the year-ago quarter, and catastrophe losses pressured results. The revenue miss and lower underlying earnings may explain why the stock has weakened despite the headline EPS beat.
• Negative Sentiment: Evercore ISI lowered its price target to $144 from $147, signaling somewhat reduced near-term upside expectations. Evercore ISI adjusts price target on Hartford

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Zacks Research raised shares of The Hartford Insurance Group from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 25th. Morgan Stanley decreased their price target on shares of The Hartford Insurance Group from $145.00 to $135.00 and set an "equal weight" rating on the stock in a research note on Tuesday, October 6th. Weiss Ratings raised shares of The Hartford Insurance Group from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Thursday, October 8th. JPMorgan Chase & Co. lifted their price objective 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. Finally, Royal Bank Of Canada lifted their price objective on shares of The Hartford Insurance Group from $145.00 to $150.00 and gave the stock a "sector perform" rating in a research note on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, The Hartford Insurance Group has a consensus rating of "Hold" and an average target price of $145.25.

The Hartford Insurance Group Trading Down 1.6%

The stock has a 50 day simple moving average of $133.35 and a 200 day simple moving average of $135.43. The stock has a market cap of $36.22 billion, a P/E ratio of 8.09 and a beta of 0.49.

The Hartford Insurance Group (NYSE:HIG - Get Free Report) last announced its quarterly earnings data on Monday, October 26th. The insurance provider reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.17 by $0.33. The company had revenue of $7.22 billion during the quarter, compared to analyst estimates of $7.37 billion. The Hartford Insurance Group's revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the firm earned $3.78 earnings per share. Equities analysts anticipate that The Hartford Insurance Group, Inc. will post 12.88 earnings per share for the current year.

The Hartford Insurance Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 5th. Investors of record on Tuesday, December 1st will be given a $0.67 dividend. The ex-dividend date is Tuesday, December 1st. This is an increase from The Hartford Insurance Group's previous quarterly dividend of $0.60. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.0%. The Hartford Insurance Group's dividend payout ratio (DPR) is 14.53%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of HIG. BlackRock Inc. acquired a new stake in The Hartford Insurance Group during the second quarter worth about $4,067,052,000. Bank of America Corp DE bought a new position in The Hartford Insurance Group in the 2nd quarter valued at about $350,777,000. Legal & General Group Plc acquired a new position in shares of The Hartford Insurance Group in the 2nd quarter valued at approximately $346,877,000. Bank of New York Mellon Corp acquired a new position in shares of The Hartford Insurance Group in the 2nd quarter valued at approximately $337,907,000. Finally, Deutsche Bank AG acquired a new position in shares of The Hartford Insurance Group in the 2nd quarter valued at approximately $145,575,000. Institutional investors and hedge funds own 93.42% of the company's stock.

The Hartford Insurance Group Company Profile

The Hartford Insurance Group, Inc, commonly known as The Hartford, is a financial services and insurance company headquartered in Hartford, Connecticut. Founded in 1810, the company provides property and casualty insurance, employee benefits, and related services to businesses, individuals, and organizations primarily in the United States.

The Hartford's commercial insurance operations offer coverage for businesses of various sizes, including commercial auto, workers' compensation, property, general liability, and specialty insurance.

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