Professional
Added to YB: 2025-04-30
Pitch date: 2025-03-31
THG [neutral]
The Hanover Insurance Group, Inc.
+7.49%
current return
Author Info
No bio for this author
Company Info
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States.
Market Cap
$6.5B
Pitch Price
$172.27
Price Target
N/A
Dividend
1.99%
EV/EBITDA
8.16
P/E
10.49
EV/Sales
1.05
Sector
Insurance
Category
turnaround
Heartland Value Plus Fund Portfolio Holding: The Hanover Insurance Group, Inc.
THG (holding update): P&C insurer reducing catastrophe risk by limiting exposure in Midwest storm zones & raising deductibles. Required leak sensors showing results - Q4 cat losses only 2.1% of combined ratio vs higher historical levels. Investment portfolio (60% of earnings) restructured to capture higher yields. Trading at ~12x 2025 EPS with growing dividend.
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