Multiple reports confirm that various investment firms and key investors are altering their stakes in The Hartford Insurance Group. For example, Swedbank AB, Voya Investment Management LLC, and Osaic Holdings Inc. have increased their holdings, while State Street Corp, Texas Permanent School Fund Corp, and Oak Thistle LLC have reduced their positions. Additionally, Axa S.A. and Bank of Nova Scotia have boosted their holdings, while Icon Advisers Inc. Co. and Amundi have cut their stake. The company recorded a growth trend as it was added to Russell 1000 Reconstitution and hit an all-time high, driven by a robust profit rebound. With the recent updates, Piper Sandler has increased the price target of Hartford's stock to $161.
The company has also been lauded for its Q3 earnings and AI push, which are expected to bring favorable outcomes for shareholders. In the recent Q3 results, Hartford has exceeded expectations, resulting in margin expansion and a strong value proposition, despite a slower growth outlook. Both the quarterly dividend and a major push into cyber insurance for small businesses underscore the strong strategic path Hartford Insurance is pursuing. Meanwhile, bearish signals and insider stock selling suggest caution.
The Hartford Financial Services Group HIG News Analytics from Thu, 24 Apr 2025 07:00:00 GMT to Thu, 25 Dec 2025 11:17:16 GMT - Rating 7 - Innovation 5 - Information 7 - Rumor 5
