THG Hanover Insurance Group Inc

NYSE · Insurance · View on SEC EDGAR ↗
$223.92
Price · Aug 21, 2026
Fundamentals as of Jul 29, 2026
52W Range
$167–$236
83% of range
Analyst Rating
HOLD
13 analysts
Price Target
$236
+5% upside
P/E (TTM)
10.1
ROE
20.7%
Net Profit Margin
10.1%

THG Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$223.92
Market Cap
—
P/E (TTM)
10.1
EPS (TTM)
$18.16
Revenue (TTM)
$6.59B
Div Yield
—
ROE
20.7%
Debt/Equity
0.1
52W Range
$167 – $236

THG Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $6.59B
10-point trend, +62.7%
2016-12-31 → 2025-12-31
EPS $18.16
10-point trend, +405.8%
2016-12-31 → 2025-12-31
Free Cash Flow $1.17B
10-point trend, +62.1%
2016-12-31 → 2025-12-31
Margins 10.1%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
THG
Peer Median
P/E (TTM)
5-point trend, -10.9%
10.1
10.9

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
THG
Peer Median
Operating Margin
5-point trend, +71.1%
14.1%
—
Net Profit Margin
5-point trend, +25.5%
10.1%
11.8%
ROA
5-point trend, +36.1%
4.1%
6.3%
ROE
5-point trend, +54.2%
20.7%
20.7%
ROIC
5-point trend, +67.2%
18.5%
—

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
THG
Peer Median
Debt / Equity
2-point trend, +383.9%
0.1
—

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
THG
Peer Median
Revenue YoY
5-point trend, +26.1%
5.7%
—
Revenue CAGR 3Y
5-point trend, +26.1%
6.4%
—
Revenue CAGR 5Y
5-point trend, +26.1%
6.5%
—
EPS YoY
5-point trend, +56.6%
55.2%
—
Net Income YoY
5-point trend, +56.7%
55.5%
—

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
THG
Peer Median
EPS (Diluted)
5-point trend, +56.6%
$18.16
—

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
THG
Peer Median
Payout Ratio
5-point trend, -19.3%
19.7%
—

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
—
Payout Ratio
19.7%
5Y Div CAGR
—
Ex-dateAmount
June 12, 2026$0.9500
March 13, 2026$0.9500
Dec. 12, 2025$0.9500
Sept. 12, 2025$0.9000
June 13, 2025$0.9000
March 14, 2025$0.9000
Dec. 13, 2024$0.9000
Sept. 13, 2024$0.8500
June 14, 2024$0.8500
March 14, 2024$0.8500
Dec. 14, 2023$0.8500
Sept. 14, 2023$0.8100
June 15, 2023$0.8100
March 14, 2023$0.8100
Dec. 14, 2022$0.8100
Sept. 15, 2022$0.7500
June 9, 2022$0.7500
March 10, 2022$0.7500
Dec. 15, 2021$0.7500
Sept. 9, 2021$0.7000

THG Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 13 analysts
  • Strong Buy 2 15.4%
  • Buy 3 23.1%
  • Hold 8 61.5%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

8 analysts · 2026-08-16
Median target $235.00 +4.9%
Mean target $235.88 +5.3%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Beat Rate
75.0%
Avg Surprise
0.69%
Period EPS Actual EPS Est Surprise
June 30, 2026 $5.31 $3.98 1.3%
March 31, 2026 $5.25 $4.23 1.0%
Dec. 31, 2025 $5.79 $5.01 0.78%
Sept. 30, 2025 $5.09 $4.26 0.83%
June 30, 2025 $4.35 $3.16 1.2%
March 31, 2025 $3.87 $3.48 0.39%
June 30, 2000 $1.37 $1.37 0.00%
March 31, 2000 $1.22 $1.24 -0.02%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
THG — 10.1 5.7% 10.1% 20.7% —
FNF $14.79B 24.7 5.6% 4.2% 7.9% —
ERIE — — 7.2% 13.8% 25.0% —
AFG $11.40B 13.6 -1.8% 10.3% 18.1% —
ORI — 12.3 11.0% 10.2% 16.2% —
KNSL $9.05B 18.1 18.0% 26.9% 27.4% —
FAF $6.27B 10.2 21.6% 8.3% 11.9% —
RLI $5.88B 14.6 6.3% 21.4% 23.0% —
MCY $5.21B 9.6 9.4% 9.0% 24.8% —
SIGI $5.03B 11.2 9.8% 8.7% 13.9% —
WTM $5.15B 4.8 66.8% 29.6% 22.3% —

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 11
Annual Income Statement data for THG
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +30.1% $6.59B $6.24B $5.99B $5.47B $5.23B $4.82B $4.89B $4.49B $4.27B $4.05B $5.03B $5.07B
Operating Income 12-point trend, +129.7% $933M $650M $106M $285M $432M $485M $454M $406M $327M $193M $466M $406M
Other Non-op 9-point trend, -166.7% · $-2M $2M $-500.0K · $-2M $-3M · $-10M $3M $100.0K $-900.0K
Pretax Income 12-point trend, +123.2% $844M $538M $41M $144M $521M $445M $522M $282M $293M $66M $439M $378M
Income Tax 12-point trend, +91.3% $183M $112M $8M $27M $101M $83M $93M $44M $77M $-1M $109M $96M
Net Income 12-point trend, +134.9% $662M $426M $35M $116M $423M $359M $425M $391M $186M $155M $332M $282M
EPS (Basic) 12-point trend, +188.6% $18.50 $11.85 $0.99 $3.26 $11.78 $9.52 $10.62 $9.21 $4.38 $3.63 $7.55 $6.41
EPS (Diluted) 12-point trend, +189.2% $18.16 $11.70 $0.98 $3.21 $11.60 $9.42 $10.46 $9.09 $4.33 $3.59 $7.40 $6.28
Shares (Basic) 12-point trend, -18.6% 35,800,000 35,900,000 35,700,000 35,600,000 35,900,000 37,700,000 40,000,000 42,400,000 42,500,000 42,800,000 43,900,000 44,000,000
Shares (Diluted) 12-point trend, -18.7% 36,500,000 36,400,000 36,100,000 36,100,000 36,400,000 38,100,000 40,600,000 43,000,000 43,000,000 43,200,000 44,800,000 44,900,000
EBITDA 10-point trend, +128.6% $928M $650M $106M $285M $432M $485M $454M $406M $336M · · $406M
Balance Sheet 16
Annual Balance Sheet data for THG
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, +200.8% $1.12B $436M $316M $305M $231M $121M $216M $1.02B $298M $147M $339M $373M
Goodwill 12-point trend, -3.1% $179M $179M $179M $179M $179M $179M $179M $179M $179M $185M $186M $185M
Intangibles 5-point trend, +12.5% $18M $16M $16M $16M $16M · · · · · · ·
Total Assets 12-point trend, +23.2% $16.95B $15.27B $14.61B $14.00B $14.25B $13.44B $12.49B $12.40B $15.47B $14.22B $13.78B $13.76B
Short-term Debt 2-point trend, +506.8% $375M $62M · · · · · · · · · ·
Deferred Tax 3-point trend, +17.4% · · · · $61M $97M $52M · · · · ·
Total Liabilities 12-point trend, +22.5% $13.37B $12.43B $12.15B $11.66B $11.11B $10.24B $9.57B $9.45B $12.47B $11.36B $10.94B $10.92B
Long-term Debt 9-point trend, -6.7% $843M $722M $783M · · · $653M $778M $787M $786M $803M $904M
Total Debt 2-point trend, +506.8% $375M $62M · · · · · · · · · ·
Common Stock Flat — no change across 12 periods $600.0K $600.0K $600.0K $600.0K $600.0K $600.0K $600.0K $600.0K $600.0K $600.0K $600.0K $600.0K
Paid-in Capital 3-point trend, +0.9% · · · · · · · · · $1.85B $1.83B $1.83B
Retained Earnings 12-point trend, +140.0% $3.74B $3.21B $2.91B $2.99B $2.98B $2.67B $2.41B $2.18B $1.98B $1.88B $1.80B $1.56B
Treasury Stock 12-point trend, +167.5% $2.01B $1.89B $1.87B $1.87B $1.85B $1.70B $1.49B $984M $942M $928M $847M $752M
AOCI 12-point trend, -183.0% $-171M $-456M $-517M $-702M $122M $372M $153M $-116M $108M $63M $54M $206M
Stockholders' Equity 12-point trend, +25.6% $3.57B $2.84B $2.47B $2.33B $3.14B $3.20B $2.92B $2.95B $3.00B $2.86B $2.84B $2.84B
Liabilities + Equity 12-point trend, +23.2% $16.95B $15.27B $14.61B $14.00B $14.25B $13.44B $12.49B $12.40B $15.47B $14.22B $13.78B $13.76B
Cash Flow 16
Annual Cash Flow data for THG
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, -113.7% $-5M $2M $6M $13M $17M $18M $22M $25M $30M $31M $30M $34M
Stock-based Comp 12-point trend, +135.8% $36M $31M $31M $29M $23M $20M $17M $13M $12M $12M $12M $15M
Deferred Tax 12-point trend, -79.9% $14M $-19M $-25M $-46M $24M $-23M $13M $-3M $74M $-27M $53M $69M
Other Non-cash $471M · · · · · · · · · · ·
Operating Cash Flow 12-point trend, +108.6% $1.18B $806M $362M $722M $824M $708M $603M $551M $705M $743M $445M $565M
CapEx 12-point trend, -31.2% $8M $10M $12M $18M $8M $15M $13M $13M $19M $16M $20M $11M
Investing Cash Flow 12-point trend, -10.9% $-666M $-541M $-228M $-508M $-460M $-609M $-312M $271M $-506M $-495M $-172M $-601M
Debt Issued 2-point trend, -20.0% · · · · · $296M · · · $371M · ·
Net Debt Issued 6-point trend, +17328.6% · · · · · $121M $-151M $-12M · $-105M $-114M $-700.0K
Stock Repurchased 12-point trend, +533.3% $129M $27M $0 $31M $163M $213M $564M $58M $37M $106M $127M $20M
Net Stock Activity 11-point trend, -533.3% $-129M $-27M · $-31M $-163M $-213M $-564M $-58M $-37M $-106M $-127M $-20M
Dividends Paid 12-point trend, +94.9% $131M $124M $117M $109M $102M $100M $386M $94M $87M $80M $74M $67M
Financing Cash Flow 12-point trend, +344.4% $175M $-146M $-122M $-141M $-253M $-194M $-1.10B $-171M $-112M $-301M $-301M $-72M
Net Change in Cash 10-point trend, +109.8% · · $11M $74M $110M $-95M $-808M $648M $94M $-56M $-34M $-113M
Taxes Paid 12-point trend, +1911.9% $169M $149M $-22M $108M $74M $97M $114M $57M $51M $30M $57M $8M
Free Cash Flow 12-point trend, +111.5% $1.17B $796M $350M $704M $816M $693M $590M $538M $686M $722M $419M $554M
Profitability 7
Annual Profitability data for THG
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 10-point trend, +76.4% 14.1% 10.4% 1.8% 5.2% 8.3% 10.0% 9.3% 9.0% 6.5% · · 8.0%
Net Margin 12-point trend, +80.8% 10.1% 6.8% 0.59% 2.1% 8.0% 7.4% 8.7% 8.7% 3.6% 3.1% 6.6% 5.6%
Pretax Margin 12-point trend, +90.2% 12.8% 8.6% 0.69% 2.6% 10.0% 9.2% 10.7% 6.3% 5.8% 3.9% 8.7% 6.7%
EBITDA Margin 10-point trend, +75.6% 14.1% 10.4% 1.8% 5.2% 8.3% 10.0% 9.3% 9.0% 6.5% · · 8.0%
ROA 12-point trend, +97.6% 4.1% 2.9% 0.25% 0.82% 3.0% 2.8% 3.4% 2.8% 1.2% 1.1% 2.4% 2.1%
ROE 12-point trend, +105.8% 20.7% 14.9% 1.5% 5.0% 13.4% 11.3% 14.2% 13.2% 6.2% 5.2% 11.6% 10.0%
ROIC 10-point trend, +80.2% 18.5% 17.7% 3.5% 9.9% 11.1% 12.3% 12.8% 11.6% 7.5% · · 10.3%
Liquidity & Solvency 1
Annual Liquidity & Solvency data for THG
Metric Trend 202520242023202220212020201920182017201620152014
Debt / Equity 2-point trend, +383.9% 0.1 0.0 · · · · · · · · · ·
Efficiency 1
Annual Efficiency data for THG
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, +9.6% 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.3 0.3 0.4 0.4 0.4
Per Share 3
Annual Per Share data for THG
Metric Trend 202520242023202220212020201920182017201620152014
Revenue / Share 12-point trend, +60.1% $180.67 $171.36 $166.02 $151.48 $143.62 $126.70 $120.46 $104.52 $120.57 $114.49 $112.37 $112.86
Cash Flow / Share 12-point trend, +156.6% $32.28 $22.15 $10.02 $20.01 $22.63 $18.57 $14.85 $12.82 $16.39 $17.07 $9.79 $12.58
EPS (TTM) 12-point trend, +189.2% $18.16 $11.70 $0.98 $3.21 $11.60 $9.42 $10.46 $9.09 $4.33 $3.59 $7.40 $6.28
Growth Rates 10
Annual Growth Rates data for THG
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -31.5% 5.7% 4.1% 9.6% 4.6% 8.3% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -14.1% 6.4% 6.1% 7.5% · · · · · · · · ·
Revenue CAGR 5Y 6.5% · · · · · · · · · · ·
EPS YoY 5-point trend, +138.6% 55.2% 1093.9% -69.5% -72.3% 23.1% · · · · · · ·
EPS CAGR 3Y 3-point trend, +247.6% 78.2% 0.29% -53.0% · · · · · · · · ·
EPS CAGR 5Y 14.0% · · · · · · · · · · ·
Net Income YoY 5-point trend, +210.7% 55.5% 1106.8% -69.6% -72.6% 17.9% · · · · · · ·
Net Income CAGR 3Y 3-point trend, +246.3% 78.8% 0.25% -53.8% · · · · · · · · ·
Net Income CAGR 5Y 13.1% · · · · · · · · · · ·
Dividend CAGR 5Y 5.6% · · · · · · · · · · ·
Valuation (TTM) 6
Annual Valuation (TTM) data for THG
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +30.1% $6.59B $6.24B $5.99B $5.47B $5.23B $4.82B $4.89B $4.49B $4.27B $4.05B $5.03B $5.07B
Net Income TTM 12-point trend, +134.9% $662M $426M $35M $116M $423M $359M $425M $391M $186M $155M $332M $282M
P/E 12-point trend, -11.4% 10.1 13.2 123.9 42.1 11.3 12.4 13.1 12.8 25.0 25.4 11.0 11.4
Earnings Yield 12-point trend, +12.8% 9.9% 7.6% 0.81% 2.4% 8.8% 8.1% 7.6% 7.8% 4.0% 3.9% 9.1% 8.8%
Payout Ratio 12-point trend, -17.0% 19.7% 29.1% 332.0% 93.9% 24.4% 27.7% 90.8% 24.1% 46.6% 51.8% 22.4% 23.8%
Annual Payout 12-point trend, +94.9% $131M $124M $117M $109M $102M $100M $386M $94M $87M $80M $74M $67M

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $6.59B$6.24B$5.99B$5.47B$5.23B
Operating Margin % 14.1%10.4%1.8%5.2%8.3%
Net Income $662M$426M$35M$116M$423M
Diluted EPS $18.16$11.70$0.98$3.21$11.60
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.10.0———
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $1.17B$796M$350M$704M$816M

Latest News Recent headlines mentioning this company

My Metrics Your personal watchlist — selected rows from Full Fundamentals

📊

Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Institutional owners (13F) 573 filers · $4.0B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
82 (+5 vs prior Q) 38 (-5 vs prior Q) 206 (+11 vs prior Q) 155 (+17 vs prior Q) +2.0M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD PORTFOLIO MANAGEMENT LLC $411,030,747 1,919,628 10.35% Shares
STATE STREET CORP $348,377,522 1,627,020 8.78% Shares
VANGUARD CAPITAL MANAGEMENT LLC $312,349,905 1,458,761 7.87% Shares
FULLER & THALER ASSET MANAGEMENT, INC. $233,327,577 1,089,705 5.88% Shares
AMERICAN CENTURY COMPANIES INC $230,844,336 1,078,105 5.82% Shares
DIMENSIONAL FUND ADVISORS LP $200,837,402 937,968 5.06% Shares
ALLIANCEBERNSTEIN L.P. $157,597,686 909,130 3.97% Shares
GEODE CAPITAL MANAGEMENT, LLC $126,524,691 590,744 3.19% Shares
AMERIPRISE FINANCIAL INC $103,192,421 481,936 2.60% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $97,060,168 453,298 2.45% Shares
NORGES BANK $95,767,739 447,262 2.41% Shares
LONDON CO OF VIRGINIA $77,257,243 360,801 1.95% Shares
Woodline Partners LP $68,940,645 321,972 1.74% Shares
Qube Research & Technologies Ltd $66,545,284 310,785 1.68% Shares
Quantinno Capital Management LP $61,773,589 288,499 1.56% Shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $58,399,000 272,738 1.47% Shares
VANGUARD FIDUCIARY TRUST CO $46,795,284 218,547 1.18% Shares
TWO SIGMA INVESTMENTS, LP $38,716,536 180,817 0.98% Shares
PRIMECAP MANAGEMENT CO/CA/ $37,843,569 176,740 0.95% Shares
BROWN ADVISORY INC $35,815,738 167,270 0.90% Shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC $33,033,791 154,277 0.83% Shares
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. $32,016,079 149,524 0.81% Shares
Arbejdsmarkedets Tillaegspension $31,498,979 147,109 0.79% Shares
ProShare Advisors LLC $31,405,408 146,672 0.79% Shares
Gotham Asset Management, LLC $30,181,070 140,954 0.76% Shares
Boston Trust Walden Corp $27,821,896 129,936 0.70% Shares
Interval Partners, LP $26,734,167 124,856 0.67% Shares
ENVESTNET ASSET MANAGEMENT INC $24,936,368 116,460 0.63% Shares
GOLDMAN SACHS GROUP INC $23,584,684 110,147 0.59% Shares
RHUMBLINE ADVISERS $21,260,138 99,291 0.54% Shares
Aptus Capital Advisors, LLC $19,546,373 91,287 0.49% Shares
Leeward Investments, LLC - MA $19,299,492 90,134 0.49% Shares
MARTINGALE ASSET MANAGEMENT L P $17,935,762 83,765 0.45% Shares
JANUS HENDERSON GROUP PLC $17,464,146 100,745 0.44% Shares
BANK OF AMERICA CORP /DE/ $17,390,612 81,219 0.44% Shares
VOYA INVESTMENT MANAGEMENT LLC $16,199,463 75,656 0.41% Shares
California Public Employees Retirement System $15,389,661 71,874 0.39% Shares
Swiss National Bank $15,116,872 70,600 0.38% Shares
RENAISSANCE TECHNOLOGIES LLC $15,052,636 70,300 0.38% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $14,756,080 68,915 0.37% Shares
BlackRock, Inc. $13,446,736 62,800 0.34% Shares
SILVERCREST ASSET MANAGEMENT GROUP LLC $12,101,556 56,516 0.30% Shares
CONGRESS ASSET MANAGEMENT CO $11,868,130 55,427 0.30% Shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC $11,649,199 54,405 0.29% Shares
Hodges Capital Management Inc. $11,213,209 52,369 0.28% Shares
IEQ CAPITAL, LLC $10,941,424 51,099 0.28% Shares
FMR LLC $10,890,082 50,860 0.27% Shares
RAYMOND JAMES FINANCIAL INC $10,834,522 50,600 0.27% Shares
Trexquant Investment LP $10,596,585 49,489 0.27% Shares
BARCLAYS PLC $10,323,581 48,214 0.26% Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $10,302,170 48,114 0.26% Shares
PRINCIPAL FINANCIAL GROUP INC $10,202,573 47,626 0.26% Shares
PANAGORA ASSET MANAGEMENT INC $10,034,734 46,865 0.25% Shares
STRS OHIO $9,548,253 44,593 0.24% Shares
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC $9,251,697 43,208 0.23% Shares
CRAWFORD INVESTMENT COUNSEL INC $9,051,734 42,274 0.23% Shares
Vest Financial, LLC $8,599,059 40,160 0.22% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $8,546,385 39,914 0.22% Shares
TEACHER RETIREMENT SYSTEM OF TEXAS $8,348,967 38,992 0.21% Shares
HEARTLAND ADVISORS INC $8,039,992 37,549 0.20% Shares
Retirement Systems of Alabama $7,748,360 36,187 0.20% Shares
SCHRODER INVESTMENT MANAGEMENT GROUP $7,585,491 35,357 0.19% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $7,523,217 43,399 0.19% Shares
Point72 Asset Management, L.P. $7,396,347 34,543 0.19% Shares
Assenagon Asset Management S.A. $7,373,865 34,438 0.19% Shares
SEI INVESTMENTS CO $7,231,780 33,778 0.18% Shares
VANGUARD ASSET MANAGEMENT, Ltd $7,072,812 33,032 0.18% Shares
TRILLIUM ASSET MANAGEMENT, LLC $6,894,442 32,198 0.17% Shares
ALGERT GLOBAL LLC $6,824,004 31,870 0.17% Shares
Philadelphia Financial Management of San Francisco, LLC $6,646,285 31,040 0.17% Shares
Mariner, LLC $6,317,788 29,505 0.16% Shares
Meiji Yasuda Asset Management Co Ltd. $6,273,288 29,298 0.16% Shares
Focus Partners Wealth $6,077,761 28,384 0.15% Shares
Horizon Investments, LLC $6,057,455 28,290 0.15% Shares
Bridgewater Associates, LP $6,019,556 28,113 0.15% Shares
WORLDQUANT MILLENNIUM ADVISORS LLC $5,954,035 27,807 0.15% Shares
VANGUARD GROUP INC $5,492,239 30,050 0.14% Shares
Illinois Municipal Retirement Fund $5,441,003 25,411 0.14% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $5,393,255 25,188 0.14% Shares
Bank of New York Mellon Corp $5,314,030 24,818 0.13% Shares
BNP PARIBAS ASSET MANAGEMENT Holding S.A. $5,304,609 24,774 0.13% Shares
WINTON GROUP Ltd $5,301,825 24,761 0.13% Shares
ALTRINSIC GLOBAL ADVISORS LLC $5,099,696 23,817 0.13% Shares
PEREGRINE CAPITAL MANAGEMENT LLC $4,950,026 23,118 0.12% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $4,871,872 22,753 0.12% Shares
D. E. Shaw & Co., Inc. $4,858,811 22,692 0.12% Shares
Goelzer Investment Management, Inc. $4,823,940 22,529 0.12% Shares
UBS Group AG $4,630,773 21,627 0.12% Shares
MERCER GLOBAL ADVISORS INC /ADV $4,452,038 20,792 0.11% Shares
Schonfeld Strategic Advisors LLC $4,358,197 20,354 0.11% Shares
Legal & General Group Plc $4,346,207 20,298 0.11% Shares
LPL Financial LLC $4,319,516 20,173 0.11% Shares
FIFTH THIRD BANCORP $4,223,968 19,727 0.11% Shares
Northwest & Ethical Investments L.P. $4,076,845 19,040 0.10% Shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $4,064,820 20,733 0.10% Shares
WEDGE CAPITAL MANAGEMENT L L P/NC $4,047,376 23,348 0.10% Shares
Vanguard Global Advisers, LLC $4,031,237 18,827 0.10% Shares
NATIXIS $4,000,832 18,685 0.10% Shares
NEW YORK STATE COMMON RETIREMENT FUND $3,990,983 18,639 0.10% Shares
PRUDENTIAL FINANCIAL INC $3,928,031 18,345 0.10% Shares

Company insiders 72 insiders · 37 officers · 27 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
John C Roche President and CEO June 26, 2026 A 141,133 0 7 $-2,659,297
John Fowle CEO, Chaucer Oct. 25, 2018 A 830 0 0 $0
Joseph M Zubretsky President & CEO Feb. 24, 2017 A — 0 0 $0
Johan Slabbert CEO, Chaucer Feb. 9, 2017 A 330 0 0 $0
Frederick H Eppinger President & CEO May 17, 2016 M 294,563 0 0 $0
Edward J Parry III EVP & CFO May 3, 2007 S 25,858 0 0 $0
Robert A Stuchbery President, Int'l Operations May 10, 2016 A 622 0 0 $0
Mhayse G Samalya President of subsidiary Dec. 10, 2003 P 1,027 0 0 $0
Dennis Francis Kerrigan Executive Vice President Aug. 20, 2026 M 12,003 0 5 $-1,914,366
Jeffrey M Farber Executive Vice President July 29, 2026 M 68,777 0 0 $0
Patricia A. Norton-Gatto SVP & Princpl. Accntg. Officer June 26, 2026 A 2,446 0 0 $0
David John Lovely Executive Vice President June 26, 2026 A 3,819 0 0 $0
Willard T Lee Executive Vice President June 26, 2026 A 5,993 0 0 $0
Bryan J Salvatore Executive Vice President June 26, 2026 A 29,094 0 1 $-3,045,349
Richard W Lavey Executive Vice President June 26, 2026 A 34,447 0 6 $-4,369,156
Denise Lowsley Executive Vice President March 27, 2026 A 4,945 0 1 $-293,800
Warren E. Barnes SVP & Princpl. Accntg. Officer Feb. 24, 2025 A 3,265 0 0 $0
Mark Joseph Welzenbach Executive Vice President Dec. 31, 2022 F 19,828 0 0 $0
Ann Kirkpatrick Tripp Executive Vice President Dec. 31, 2021 A 17,645 0 0 $0
Mark Leo Berthiaume Executive Vice President March 26, 2021 A 10,824 0 0 $0
Kendall J Huber Executive Vice President March 27, 2020 A 34,914 0 0 $0
Kathleen E. Decastro Executive Vice President June 28, 2019 A 3,577 0 0 $0
Mark Lowell Keim Executive Vice President Nov. 29, 2017 M 0 0 0 $0
Christine Bilotti-Peterson Executive Vice President Aug. 25, 2017 S 1,760 0 0 $0
Andrew S Robinson Executive Vice President Feb. 26, 2016 F 29,278 0 0 $0
David Bruce Greenfield Executive Vice President Feb. 27, 2015 A 49,144 0 0 $0
Gregory D Tranter Executive Vice President Nov. 4, 2014 S 20,313 0 0 $0
Mark R Desrochers Senior Vice President June 13, 2014 M 10,188 0 0 $0
Maribeth Nash Bearfield Executive Vice President Feb. 26, 2013 A 3,800 0 0 $0
Bryan David Allen Senior Vice President March 6, 2012 F 21,324 0 0 $0
Antonio Zaragoza Depadua Senior Vice President Feb. 28, 2011 A 7,250 0 0 $0
David J Firstenberg Vice President Sept. 2, 2010 M 27,919 0 0 $0
James S Hyatt Vice President Feb. 25, 2008 F 17,231 0 0 $0
John J Leahy Executive Vice President Aug. 27, 2007 A 9,257 0 0 $0
John P Kavanaugh Vice President Feb. 16, 2006 M 34,270 0 0 $0
Bruce C Anderson Vice President Nov. 3, 2003 I 0 0 0 $0
Mark A Hug Vice President Oct. 30, 2003 S 9,724 0 0 $0
William E. Donnell Director June 26, 2026 A 847 0 0 $0
Elizabeth A Ward Director June 26, 2026 A 5,883 0 0 $0
Paul J Condrin Director June 26, 2026 A 6,356 0 0 $0
Kevin Bradicich Director June 26, 2026 A 10,096 0 0 $0
Cynthia Egan Director June 26, 2026 A 10,206 0 0 $0
Francisco Aristeguieta Director June 26, 2026 A 4,057 0 0 $0
Kathy S Lane Director June 26, 2026 A 2,773 0 0 $0
Joseph R Ramrath Director June 26, 2026 A 33,834 0 0 $0
Martin P Hughes Director May 9, 2023 A 6,089 0 0 $0
Wendell J Knox Director Jan. 24, 2023 J 31,202 0 0 $0
Harriett Tee Taggart Director May 10, 2022 A 14,577 0 0 $0
Daniel T Henry Director May 11, 2021 A 15,356 0 0 $0
Kevin P Condron Director Jan. 4, 2021 J 26,373 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 1 position

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
The Hanover Insurance Group, Inc., Hanover Acquisition Corp. July 23, 2007 — Initial filing — SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 132 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
OSCV · ETF Series Solutions 2.46% 89,515 NS April 30, 2026 N-PORT
KBWP · Invesco Exchange-Traded Fund Trust … 1.97% 25,496 SH Aug. 20, 2026 Daily
REGL · ProShares Trust 1.62% 145,819 NS May 31, 2026 N-PORT
FXO · First Trust Exchange-Traded AlphaDE… 1.61% 91,934 NS April 30, 2026 N-PORT
XMLV · Invesco Exchange-Traded Fund Trust … 1.45% 49,237 SH Aug. 20, 2026 Daily
GRPM · Invesco Exchange-Traded Fund Trust 1.43% 33,353 SH Aug. 20, 2026 Daily
XMVM · Invesco Exchange-Traded Fund Trust 1.41% 33,419 SH Aug. 20, 2026 Daily
HSMV · First Trust Exchange-Traded Fund III 1.03% 1,669 NS April 30, 2026 N-PORT
OASC · Unified Series Trust 0.93% 4,219 NS May 31, 2026 N-PORT
GSC · Goldman Sachs ETF Trust 0.86% 11,667 NS May 31, 2026 N-PORT
XMHQ · Invesco Exchange-Traded Fund Trust 0.85% 221,314 SH Aug. 20, 2026 Daily
SDVD · First Trust Exchange-Traded Fund IV 0.84% 37,239 NS April 30, 2026 N-PORT
SNPD · DBX ETF Trust 0.84% 117 NS May 29, 2026 N-PORT
CVY · Invesco Exchange-Traded Fund Trust 0.71% 4,049 SH Aug. 20, 2026 Daily
FNK · First Trust Exchange-Traded AlphaDE… 0.61% 7,033 NS April 30, 2026 N-PORT
QLV · FlexShares Trust 0.54% 4,914 NS April 30, 2026 N-PORT
AVUV · AMERICAN CENTURY ETF TRUST 0.50% 729,270 NS May 31, 2026 N-PORT
QIDX · Spinnaker ETF Series 0.50% 1,017 NS April 30, 2026 N-PORT
LOWV · AB Active ETFs, Inc. 0.49% 5,346 NS May 31, 2026 N-PORT
BTAL · AGF Investments Trust 0.46% 6,072 NS June 30, 2026 N-PORT
SIXL · EXCHANGE TRADED CONCEPTS TRUST 0.45% 4,573 NS May 31, 2026 N-PORT
AFMC · First Trust Exchange-Traded Fund VI… 0.43% 3,729 NS May 31, 2026 N-PORT
SMDX · Tidal Trust III 0.31% 2,077 NS April 30, 2026 N-PORT
RWK · Invesco Exchange-Traded Fund Trust … 0.30% 18,264 SH Aug. 20, 2026 Daily
FNX · First Trust Exchange-Traded AlphaDE… 0.30% 20,993 NS April 30, 2026 N-PORT
BKSE · BNY Mellon ETF Trust 0.30% 1,273 NS April 30, 2026 N-PORT
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.29% 11,825 NS May 31, 2026 N-PORT
MIDE · DBX ETF Trust 0.27% 49 NS May 29, 2026 N-PORT
IVOV · VANGUARD ADMIRAL FUNDS 0.25% 17,123 SH Aug. 19, 2026 Daily
ISCG · iShares Trust 0.23% 10,696 SH Aug. 20, 2026 Daily
APUE · Trust for Professional Managers 0.23% 31,241 NS May 31, 2026 N-PORT
QVMM · Invesco Exchange-Traded Fund Trust … 0.22% 4,460 SH Aug. 20, 2026 Daily
ROUS · Lattice Strategies Trust 0.21% 6,497 NS April 30, 2026 N-PORT
FNDA · SCHWAB STRATEGIC TRUST 0.20% 97,367 NS May 31, 2026 N-PORT
IVOO · VANGUARD ADMIRAL FUNDS 0.20% 56,453 SH Aug. 19, 2026 Daily
PTMC · Pacer Funds Trust 0.19% 4,061 NS April 30, 2026 N-PORT
FAB · First Trust Exchange-Traded AlphaDE… 0.18% 1,359 NS April 30, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.18% 22,453 NS April 30, 2026 N-PORT
IVOG · VANGUARD ADMIRAL FUNDS 0.17% 14,845 SH Aug. 19, 2026 Daily
DFAS · Dimensional ETF Trust 0.15% 114,213 NS April 30, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.14% 103,957 NS April 30, 2026 N-PORT
MVV · ProShares Trust 0.14% 1,223 NS May 31, 2026 N-PORT
VBR · VANGUARD INDEX FUNDS 0.14% 458,328 SH Aug. 19, 2026 Daily
SCHA · SCHWAB STRATEGIC TRUST 0.14% 170,204 NS May 31, 2026 N-PORT
DEUS · DBX ETF Trust 0.14% 1,991 NS May 29, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.13% 586 NS April 30, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.13% 13,971 NS April 30, 2026 N-PORT
SCHM · SCHWAB STRATEGIC TRUST 0.12% 95,724 NS May 31, 2026 N-PORT
IYF · iShares Trust 0.12% 22,704 SH Aug. 20, 2026 Daily
ISCB · iShares Trust 0.11% 1,509 SH Aug. 20, 2026 Daily