Sumitomo Mitsui Trust Group Inc. Sells 25,374 Shares of The Hartford Insurance Group, Inc. $HIG

Sumitomo Mitsui Trust Group Inc. lessened its holdings in The Hartford Insurance Group, Inc. (NYSE:HIG) by 3.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 678,841 shares of the insurance provider’s stock after selling 25,374 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in The Hartford Insurance Group were worth $91,800,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. First Pacific Financial bought a new position in The Hartford Insurance Group in the first quarter worth approximately $26,000. JPL Wealth Management LLC purchased a new stake in The Hartford Insurance Group during the third quarter worth $26,000. United Financial Planning Group LLC bought a new stake in The Hartford Insurance Group during the 3rd quarter valued at $29,000. Sunbelt Securities Inc. bought a new stake in The Hartford Insurance Group during the 3rd quarter valued at $29,000. Finally, Barnes Dennig Private Wealth Management LLC increased its holdings in shares of The Hartford Insurance Group by 144.8% in the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 257 shares of the insurance provider’s stock valued at $35,000 after acquiring an additional 152 shares during the period. 93.42% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

HIG has been the subject of several recent research reports. UBS Group reduced their price target on The Hartford Insurance Group from $157.00 to $155.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Mizuho boosted their target price on shares of The Hartford Insurance Group from $154.00 to $163.00 and gave the stock an “outperform” rating in a report on Thursday. Cantor Fitzgerald increased their price target on shares of The Hartford Insurance Group from $156.00 to $158.00 and gave the company an “overweight” rating in a research report on Thursday. Barclays lowered their price target on shares of The Hartford Insurance Group from $156.00 to $155.00 and set an “overweight” rating on the stock in a report on Friday, June 12th. Finally, Piper Sandler reduced their price objective on shares of The Hartford Insurance Group from $154.00 to $148.00 and set an “overweight” rating for the company in a research note on Thursday, June 11th. Nine equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $148.50.

The Hartford Insurance Group Stock Up 0.1%

Shares of The Hartford Insurance Group stock traded up $0.14 during trading on Friday, reaching $138.66. The company’s stock had a trading volume of 1,052,418 shares, compared to its average volume of 1,609,589. The Hartford Insurance Group, Inc. has a 1-year low of $119.61 and a 1-year high of $144.50. The company has a 50-day simple moving average of $132.61 and a two-hundred day simple moving average of $135.45. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.24. The company has a market cap of $38.01 billion, a price-to-earnings ratio of 9.74, a P/E/G ratio of 3.16 and a beta of 0.47.

The Hartford Insurance Group (NYSE:HIG) last released its quarterly earnings results on Thursday, April 23rd. The insurance provider reported $3.09 EPS for the quarter, missing analysts’ consensus estimates of $3.39 by ($0.30). The business had revenue of $7.23 billion during the quarter, compared to analysts’ expectations of $7.41 billion. The Hartford Insurance Group had a net margin of 14.10% and a return on equity of 22.52%. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the business posted $2.20 earnings per share. As a group, equities analysts forecast that The Hartford Insurance Group, Inc. will post 12.84 earnings per share for the current year.

The Hartford Insurance Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Monday, June 1st were paid a $0.60 dividend. The ex-dividend date was Monday, June 1st. This represents a $2.40 dividend on an annualized basis and a yield of 1.7%. The Hartford Insurance Group’s dividend payout ratio (DPR) is 16.87%.

Trending Headlines about The Hartford Insurance Group

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

• Positive Sentiment: Wells Fargo raised its price target on HIG to $165 and kept an overweight rating, signaling strong confidence in the company’s outlook.
• Positive Sentiment: Mizuho lifted its target to $163 and maintained an outperform rating, adding to the bullish analyst momentum.
• Positive Sentiment: Dowling & Partners increased its FY2026 EPS estimate to $13.25, suggesting earnings expectations are improving for The Hartford Insurance Group.
• Neutral Sentiment: Options activity has also picked up, with Zacks noting surging implied volatility in HIG options, which may reflect increased trader attention rather than a clear directional catalyst.
• Neutral Sentiment: Other recent commentary from Keefe, Bruyette & Woods also points to a positive outlook, reinforcing the broader bullish sentiment around the stock.

Insiders Place Their Bets

In other The Hartford Insurance Group news, President Adin M. Tooker sold 8,895 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $135.13, for a total transaction of $1,201,981.35. Following the transaction, the president owned 38,208 shares in the company, valued at approximately $5,163,047.04. This represents a 18.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.30% of the company’s stock.

The Hartford Insurance Group Profile

The Hartford Financial Services Group, commonly known as The Hartford, is a U.S.-based insurance and investment company that provides a broad range of commercial and personal insurance products and employee benefits. Its core businesses include property and casualty insurance for businesses and individuals, group benefits such as group life, disability and dental plans, and retirement and investment solutions offered through affiliated asset-management operations. The company also delivers risk management, claims-handling and loss-prevention services designed to support policyholders across a variety of industries.

Founded in Hartford, Connecticut, in 1810, The Hartford is one of the oldest insurance organizations in the United States and has a long history of underwriting and product development across multiple insurance lines.