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    Hartford Financial Services (HIG)

    Market Price (10/15/2026): $132.64 | Market Cap: $36.3 BilInvestor Relations Sector: Financials | Industry: Property & Casualty Insurance

    Hartford Financial Services (HIG)

    Market Price (10/15/2026): $132.64
    Market Cap: $36.3 Bil
    Sector: Financials
    Industry: Property & Casualty Insurance

    How To Act on HIGGet Paid To WaitTrim
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    Generate Income. write calls on HIG shares you ownGet Paid To Wait. collect premium for a lower entryBuy Pullbacks. build the position on a schedule
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    Get Paid To WaitTrimGenerate IncomeBuy PullbacksHedgeReduce Volatility

    Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

    0

    Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 10%, FCF Yield is 16%

    Cash is significant % of market cap
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -46%

    Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 20%, CFO LTM is 5.9 Bil, FCF LTM is 5.8 Bil

    Stock buyback support
    Stock Buyback 3Y Total is 4.7 Bil

    Low stock price volatility
    Vol 12M is 20%

    Megatrend and thematic drivers
    Megatrends include AI in Financial Services, Fintech & Digital Payments, and Sustainable Finance. Themes include AI for Fraud Detection, Show more.

    Weak multi-year price returns
    2Y Excs Rtn is -17%

    Key risks
    HIG key risks include [1] significant earnings volatility due to escalating catastrophic losses impacting its property and casualty business, Show more.

    0 Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 10%, FCF Yield is 16%
    1 Cash is significant % of market cap
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -46%
    2 Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 20%, CFO LTM is 5.9 Bil, FCF LTM is 5.8 Bil
    3 Stock buyback support
    Stock Buyback 3Y Total is 4.7 Bil
    4 Low stock price volatility
    Vol 12M is 20%
    5 Megatrend and thematic drivers
    Megatrends include AI in Financial Services, Fintech & Digital Payments, and Sustainable Finance. Themes include AI for Fraud Detection, Show more.
    6 Weak multi-year price returns
    2Y Excs Rtn is -17%
    7 Key risks
    HIG key risks include [1] significant earnings volatility due to escalating catastrophic losses impacting its property and casualty business, Show more.

    HIG in ETFs

    Weight = HIG's share of each fund

    SPY0.05%
    VOO0.06%
    IVV0.05%
    VTI0.05%
    ITOT0.05%
    IWB0.05%
    RSP0.19%
    VTV0.14%
    +30 more covered ETFs

    Valuation & Metrics

    FYE: 12/31HIG [1]S&P 500 [2]
    REVENUE GROWTH
    LTM Revenue [3]$28.6 Bil—
    FY 2026 Sales$28.9 Bil—
    FY 2027 Sales$30.1 Bil—
    FY 2026 Sales Growth1.1%—
    FY 2027 Sales Growth4.1%13.2%
    EARNINGS
    LTM Net Income (GAAP) [3]$4.4 Bil—
    FY 2026 Net Income (Non-GAAP)$3.7 Bil—
    FY 2027 Net Income (Non-GAAP)$3.9 Bil—
    FY 2027 Net Income Growth6.3%19.0%
    FY 2026 EPS (Non-GAAP)$12.88—
    FY 2027 EPS (Non-GAAP)$13.78—
    FY 2027 EPS Growth7.0%—
    VALUATION
    FY 2026 P/S1.31.7
    FY 2027 P/S1.2—
    FY 2026 P/E9.87.7
    FY 2027 P/E9.2—

    [1] HIG forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
    [2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 10/31/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
    [3] LTM = reported trailing-twelve-month actuals (GAAP).
    HIGS&P 500
    REVENUE GROWTHFAIR
    Rev LTM ($ Bil)28.6
    Rev Chg Q6.6%9.3%
    Rev Chg LTM6.1%8.3%
    Rev Chg 3Y Avg7.2%5.9%
    PROFITABILITYFAIR
    Op Inc LTM ($ Bil)�
    CFO LTM ($ Bil)5.9
    Net Inc LTM ($ Bil)4.4
    CFO/Rev LTM20.5%21.9%
    Net Inc Mgn15.2%13.3%
    VALUATIONLOW
    P/S1.33.1
    P/CFO6.214.7
    P/FCF6.319.0
    P/E8.322.5

    AI Analysis | Feedback

    MetricValueDateSource
    Renewal Written Price Increase - Automobile11.3%9302025Link
    Renewal Written Price Increase - Homeowners12.6%9302025Link
    Renewal Written Price Increase - Small Business Property12%10282025Link
    P&C Market Share1.65%12312024Link
    Number of Small Business CustomersMore than 1.5 million8262025Link
    Employee Retention Score70/10010232025Link

    Price Chart

    No Events

    Why The Stock Moved

    Qualitative Assessment

    AI Analysis | Feedback

    Updated on 10/1/2026

    Hartford Financial Services (HIG) stock has remained largely at the same level since 6/30/2026 because of the following key factors:

    1. Analyst Downgrade and Shifting Investor Focus. Mizuho downgraded Hartford Insurance (HIG) to Neutral from Outperform on September 16, 2026, and concurrently reduced its price target to $154. This downgrade contributed to a nine-session losing streak that erased approximately $3.7 billion in market value. Investor attention also shifted to concerns regarding Personal Insurance growth and the normalization of underwriting margins, despite the company's strong fiscal Q2 2026 earnings reported on July 23, 2026.

    2. Leadership Transition Announcement. On September 30, 2026, Hartford announced a CEO succession plan, with company President A. Morris "Mo" Tooker named to succeed Christopher Swift as CEO, effective March 1, 2027. Swift will transition to an executive chair role. This leadership change announcement led to a 2.8% decline in the stock during premarket trading.

    Show more
    Updated on 10/1/2026

    Hartford Financial Services (HIG) stock has remained largely at the same level since 6/30/2026 because of the following key factors:

    1. Analyst Downgrade and Shifting Investor Focus. Mizuho downgraded Hartford Insurance (HIG) to Neutral from Outperform on September 16, 2026, and concurrently reduced its price target to $154. This downgrade contributed to a nine-session losing streak that erased approximately $3.7 billion in market value. Investor attention also shifted to concerns regarding Personal Insurance growth and the normalization of underwriting margins, despite the company's strong fiscal Q2 2026 earnings reported on July 23, 2026.

    2. Leadership Transition Announcement. On September 30, 2026, Hartford announced a CEO succession plan, with company President A. Morris "Mo" Tooker named to succeed Christopher Swift as CEO, effective March 1, 2027. Swift will transition to an executive chair role. This leadership change announcement led to a 2.8% decline in the stock during premarket trading.

    3. Broad Macroeconomic Pressures. The stock experienced downward pressure amidst a broader decline in financial stocks, influenced by rising 30-year Treasury yields reaching multi-decade highs and general quarter-end market volatility. Additionally, the property and casualty (P&C) insurance sector, including Hartford, is facing macroeconomic headwinds such as economic inflation, which is impacting claims costs. Industry forecasts project a worsening of the P&C combined ratio to 99% in fiscal year 2026.

    4. Reinsurance Commutation Deal with No Core Earnings Impact. Hartford announced a $1.12 billion cash reinsurance commutation agreement with National Indemnity, which is anticipated to add approximately $393-497 million to net income for fiscal Q3 2026. However, management clarified that this transaction would not affect core earnings, potentially leading investors to view it as a non-recurring financial gain rather than an indicator of improved fundamental operational performance.

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    Stock Movement Drivers

    Fundamental Drivers

    The 0.0% change in HIG stock from 6/30/2026 to 10/14/2026 was primarily driven by a 5.8% change in the company's Net Income Margin (%).
    (LTM values as of)630202610142026Change
    Stock Price ($)131.94131.960.0%
    Change Contribution By: 
    Total Revenues ($ Mil)28,18128,6261.6%
    Net Income Margin (%)14.4%15.2%5.8%
    P/E Multiple9.08.3-7.9%
    Shares Outstanding (Mil)2762731.0%
    Cumulative Contribution0.0%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    6/30/2026 to 10/14/2026
    ReturnCorrelation
    HIG0.0% 
    Market (SPY)3.1%-26.0%
    Sector (XLF)1.7%28.9%

    Fundamental Drivers

    The -1.5% change in HIG stock from 3/31/2026 to 10/14/2026 was primarily driven by a -15.1% change in the company's P/E Multiple.
    (LTM values as of)331202610142026Change
    Stock Price ($)134.00131.96-1.5%
    Change Contribution By: 
    Total Revenues ($ Mil)27,80128,6263.0%
    Net Income Margin (%)13.8%15.2%10.5%
    P/E Multiple9.78.3-15.1%
    Shares Outstanding (Mil)2782731.9%
    Cumulative Contribution-1.5%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    3/31/2026 to 10/14/2026
    ReturnCorrelation
    HIG-1.5% 
    Market (SPY)18.6%-20.0%
    Sector (XLF)10.8%42.6%

    Fundamental Drivers

    The 0.7% change in HIG stock from 9/30/2025 to 10/14/2026 was primarily driven by a 26.8% change in the company's Net Income Margin (%).
    (LTM values as of)930202510142026Change
    Stock Price ($)131.04131.960.7%
    Change Contribution By: 
    Total Revenues ($ Mil)26,98928,6266.1%
    Net Income Margin (%)12.0%15.2%26.8%
    P/E Multiple11.58.3-27.9%
    Shares Outstanding (Mil)2842733.8%
    Cumulative Contribution0.7%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    9/30/2025 to 10/14/2026
    ReturnCorrelation
    HIG0.7% 
    Market (SPY)16.5%-6.6%
    Sector (XLF)2.4%43.9%

    Fundamental Drivers

    The 96.4% change in HIG stock from 9/30/2023 to 10/14/2026 was primarily driven by a 76.2% change in the company's Net Income Margin (%).
    (LTM values as of)930202310142026Change
    Stock Price ($)67.18131.9696.4%
    Change Contribution By: 
    Total Revenues ($ Mil)23,27128,62623.0%
    Net Income Margin (%)8.7%15.2%76.2%
    P/E Multiple10.38.3-19.9%
    Shares Outstanding (Mil)30927313.2%
    Cumulative Contribution96.4%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    9/30/2023 to 10/14/2026
    ReturnCorrelation
    HIG96.4% 
    Market (SPY)86.2%28.9%
    Sector (XLF)71.6%60.8%

    Return vs. Risk

    Price Returns Compared

     202120222023202420252026Total [1]
    Returns
    HIG Return44%12%9%39%28%-4%201%
    Peers Return25%15%6%25%15%11%143%
    S&P 500 Return27%-19%24%23%16%14%108%

    Monthly Win Rates [3]
    HIG Win Rate58%50%67%67%67%50% 
    Peers Win Rate55%62%63%65%60%50% 
    S&P 500 Win Rate75%42%67%75%67%50% 

    Max Drawdowns [4]
    HIG Max Drawdown-13%-19%-17%-13%-12%-16% 
    Peers Max Drawdown-14%-22%-21%-11%-13%-15% 
    S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

    [1] Cumulative total returns since the beginning of 2021
    [2] Peers: TRV, CB, ALL, AIG, CNA. See HIG Returns vs. Peers.
    [3] Win Rate = % of calendar months in which monthly returns were positive
    [4] Max drawdown represents maximum peak-to-trough decline within a year
    [5] 2026 data is for the year up to 10/14/2026 (YTD)

    How Low Can It Go

    EventHIGS&P 500
    2023 SVB Regional Banking Crisis
      % Loss-16.3%-6.7%
      % Gain to Breakeven19.5%7.1%
      Time to Breakeven251 days31 days
    2022 Inflation Shock & Fed Tightening
      % Loss-11.3%-24.5%
      % Gain to Breakeven12.7%32.4%
      Time to Breakeven28 days427 days
    2020 COVID-19 Crash
      % Loss-54.5%-33.7%
      % Gain to Breakeven119.9%50.9%
      Time to Breakeven362 days140 days
    Q4 2018 Fed Policy Error / Growth Scare
      % Loss-16.6%-19.2%
      % Gain to Breakeven19.9%23.8%
      Time to Breakeven57 days105 days
    2015-2016 China Devaluation / Global Growth Scare
      % Loss-22.8%-12.2%
      % Gain to Breakeven29.5%13.9%
      Time to Breakeven311 days62 days
    2011 US Debt Ceiling Crisis & European Contagion
      % Loss-37.2%-17.9%
      % Gain to Breakeven59.2%21.8%
      Time to Breakeven457 days123 days

    Compare to TRV, CB, ALL, AIG, CNA

    In The Past

    Hartford Financial Services's stock fell -2.3% during the 2025 US Tariff Shock. Such a loss loss requires a 2.4% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    EventHIGS&P 500
    2020 COVID-19 Crash
      % Loss-54.5%-33.7%
      % Gain to Breakeven119.9%50.9%
      Time to Breakeven362 days140 days
    2015-2016 China Devaluation / Global Growth Scare
      % Loss-22.8%-12.2%
      % Gain to Breakeven29.5%13.9%
      Time to Breakeven311 days62 days
    2011 US Debt Ceiling Crisis & European Contagion
      % Loss-37.2%-17.9%
      % Gain to Breakeven59.2%21.8%
      Time to Breakeven457 days123 days
    2010 Eurozone Sovereign Debt Crisis / Flash Crash
      % Loss-26.8%-15.4%
      % Gain to Breakeven36.6%18.2%
      Time to Breakeven216 days125 days
    2008-2009 Global Financial Crisis
      % Loss-95.6%-53.4%
      % Gain to Breakeven2179.6%114.4%
      Time to Breakeven4395 days1085 days

    Compare to TRV, CB, ALL, AIG, CNA

    In The Past

    Hartford Insurance's stock fell -2.3% during the 2025 US Tariff Shock. Such a loss loss requires a 2.4% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    About Hartford Financial Services (HIG)

    The Hartford Financial Services Group, Inc. (HIG) is a long-standing financial services company that provides a comprehensive range of insurance products and investment solutions to individual and business customers primarily in the United States, the United Kingdom, and internationally. Founded in 1810, The Hartford leverages its extensive history to offer diversified services across multiple key segments.

    The company's core business is centered on its robust insurance offerings. Its Commercial Lines segment provides a wide array of coverages for businesses, including workers' compensation, property, automobile, liability, professional liability, and specialty casualty insurance, often complemented by risk management services. For individuals, its Personal Lines segment offers essential automobile, homeowners, and personal umbrella coverages. Furthermore, The Hartford's Group Benefits segment delivers group life, disability, and other employer-sponsored coverages, along with disability administration and leave management solutions for employer groups and associations.

    Beyond insurance, The Hartford also manages Hartford Funds, which offers investment products such as mutual funds and exchange-traded products designed for retail and retirement accounts. This segment provides investment management and administrative services to its clients. The company reaches its diverse customer base—ranging from individual consumers and small businesses to large corporations and institutional investors—through various distribution channels, including independent agents, brokers, financial advisors, and direct-to-consumer platforms.

    AI Analysis | Feedback

    It's like a combination of Travelers Insurance (for its wide range of business and personal policies) and Fidelity Investments (for its mutual funds and investment offerings).

    Imagine a more comprehensive State Farm, offering not just car and home insurance, but also extensive business coverage, employee benefits, and its own investment funds.

    AI Analysis | Feedback

    Here are the major products and services of Hartford Financial Services (HIG):

    • Commercial Insurance: Provides a broad range of insurance products for businesses, including workers' compensation, property, auto, liability, umbrella, bond, marine, and livestock coverages.
    • Specialty Commercial Insurance: Offers customized insurance products such as professional liability, surety, and specialty casualty coverages.
    • Personal Insurance: Delivers insurance policies for individuals, including automobile, homeowners, and personal umbrella coverages.
    • Group Life and Disability Insurance: Provides life, disability, and other group coverages to members of employer groups, associations, and affinity groups.
    • Asbestos and Environmental Coverage: Offers specialized insurance coverage for exposures related to asbestos and environmental liabilities.
    • Investment Products: Offers a variety of investment products for retail and retirement accounts, including exchange-traded products.
    • Investment Management Services: Provides services such as product design, implementation, and oversight for investment solutions.
    • Risk Management Services: Delivers customized risk management advice and solutions to commercial clients.
    • Disability Administration Services: Offers underwriting, administration, and claims processing for self-funded employer disability plans.
    • Leave Management Solutions: Provides a comprehensive, single-company solution for managing employee leave.
    • Reinsurance Services: Offers reinsurance to other insurance companies across various segments.

    AI Analysis | Feedback

    The Hartford Financial Services Group, Inc. (HIG) primarily serves other companies and organizations as its major customers across various segments.

    Its major customer categories include:

    • Direct Corporate and Organizational Clients: This broad category encompasses businesses of various sizes and industries that purchase commercial insurance products (such as workers' compensation, property, automobile, liability, professional liability, and specialized P&C coverages), as well as employer groups, associations, and affinity groups that purchase group life and disability benefits for their members.
    • Financial Services Firms and Institutional Investors: This category includes entities like broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, which either distribute or directly utilize investment products offered through The Hartford Funds segment.
    • Other Insurance Companies: The Hartford provides reinsurance services to other insurance companies across multiple segments, helping them manage their own risk exposures.

    AI Analysis | Feedback

    null

    AI Analysis | Feedback

    Christopher J. Swift, Chairman and Chief Executive Officer

    Christopher J. Swift is the Chairman and Chief Executive Officer of The Hartford. He joined the company as Chief Financial Officer in 2010 and was named CEO in 2014. Under his leadership, he led the company's transformation following the global financial crisis, focusing it on property and casualty and employee benefits markets. Swift expanded The Hartford's capabilities through organic growth and strategic investments, including the acquisition of Aetna's U.S. group life and disability business in 2017 and The Navigators Group, Inc., a specialty lines property and casualty business, in 2019. He also oversaw the company's exit from its run-off life and annuity business. Prior to joining The Hartford, he held senior leadership positions at American International Group (AIG). Swift began his career as a certified public accountant at KPMG LLP, where he led the Global Insurance Industry Practice. He serves on the boards of Citizens Financial Group, Inc., Hartford HealthCare, and the American Property Casualty Insurance Association. Effective March 1, 2027, Swift will transition to Executive Chair of the Board.

    Beth Costello, Executive Vice President and Chief Financial Officer

    Beth Costello is the Executive Vice President and Chief Financial Officer of The Hartford, a role she has held since 2019. She is responsible for finance and accounting, tax, treasury, strategic sourcing, real estate, and investor relations. Costello joined The Hartford in April 2004. From 2012 to 2014, she served as president of The Hartford's former Talcott Resolution business. Her prior roles at the company include Senior Vice President and Controller. Before joining The Hartford, Costello was a senior manager in Deloitte & Touche LLP's audit practice and a partner at Arthur Andersen LLP.

    A. Morris "Mo" Tooker, President

    A. Morris "Mo" Tooker is the President of The Hartford. He directly oversees Small Business, Middle & Large Business, Global Specialty, Personal Insurance, Employee Benefits, Enterprise Strategy, Claims, and Risk Services. Tooker is a property and casualty industry veteran with more than three decades of experience in insurance and reinsurance. He joined The Hartford in 2015 as Chief Underwriting Officer. Tooker has held various senior leadership positions focusing on underwriting, business performance, strategy, and enterprise-wide execution. He is slated to become Chief Executive Officer on March 1, 2027.

    Amy Stepnowski, Chief Investment Officer of The Hartford and President of HIMCO

    Amy Stepnowski is the Chief Investment Officer of The Hartford and President of Hartford Investment Management Company (HIMCO). She joined The Hartford in September 2008 and has worked at HIMCO throughout her tenure. In her current role, which she began in August 2020, Stepnowski is responsible for the development and execution of The Hartford's investment strategy and oversees HIMCO's investment solutions for clients. Her previous roles at HIMCO include managing the Public Credit Research group and leading the investment-strategy committee. Before joining The Hartford, Stepnowski spent twelve years at JP Morgan and its heritage institutions, where her work focused on Latin American Corporate and Project Finance. She serves on the board of directors for MassMutual.

    Shekar Pannala, Chief Information Officer

    Shekar Pannala is the Chief Information Officer of The Hartford, a position he has held since March 2025. Effective November 2, 2026, his role will expand to include oversight of Data and Artificial Intelligence in addition to Technology. Pannala joined The Hartford in March 2023 to lead technology across the company's Property & Casualty businesses. Prior to The Hartford, he served as the global CIO of Chubb, where he was responsible for technology across the enterprise. Before his time at Chubb, Pannala was chief technology officer at S&P Global. He also held senior management roles at BNY Mellon as executive vice president and divisional chief information officer for asset servicing technology.

    AI Analysis | Feedback

    The Hartford Financial Services Group (HIG) faces several key risks inherent to its insurance and financial services operations. * Catastrophe Risk: As a major insurance provider, The Hartford is significantly exposed to elevated catastrophe risk from severe storms, wildfires, and other weather-related events. Such events can lead to higher-than-anticipated claims and introduce substantial earnings volatility, impacting the company's financial stability and competitive position. * Challenges in Growth and Competitive Position: The company has recently underperformed the broader market, with its net premiums earned and projected sales growth trailing those of smaller competitors. This indicates a potential slowdown in growth prospects and challenges in maintaining a strong competitive position within the insurance sector. * Market Volatility and Investment Performance: The Hartford's financial performance is influenced by its diversified investment portfolio, which is susceptible to capital market conditions and broader economic shifts. Periods of market volatility, such as those that impact asset values and earnings, can significantly affect the company's financial results.

    AI Analysis | Feedback

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    • Insurtech and Digital-Native Competitors: Emerging insurtech companies and tech giants entering the insurance market offer highly automated, AI-driven platforms for purchasing policies and managing claims directly online or through mobile apps. These direct-to-consumer models can provide simpler, faster, and potentially cheaper insurance products, particularly in Personal Lines (auto, homeowners) and smaller Commercial Lines. This trend threatens to erode market share by bypassing traditional agent networks and leveraging advanced data analytics, IoT devices, and artificial intelligence for superior underwriting and customer experience, challenging established insurers like Hartford.
    • Shift Towards Low-Cost Passive Investments: The ongoing and accelerating trend among investors to favor passive investment vehicles such as index funds and Exchange-Traded Funds (ETFs) over actively managed funds presents a clear threat to Hartford Funds. Passive funds typically have significantly lower expense ratios, putting continuous downward pressure on management fees and overall profitability for the entire asset management industry. While Hartford Funds offers ETFs, a significant portion of its business likely relies on higher-margin actively managed products, making it challenging to attract and retain assets in a cost-sensitive market.

    ```

    AI Analysis | Feedback

    The addressable markets for Hartford Financial Services' main products and services in the U.S. are as follows:

    Commercial Lines Insurance

    The U.S. commercial insurance market was valued at approximately $381.74 billion in 2025 and is estimated to reach $412.91 billion in 2026. This market is projected to grow to $726.62 billion by 2034.

    Personal Lines Insurance

    The U.S. personal lines insurance market accounted for 50.05% of the total U.S. property and casualty insurance market in 2025. Given that the U.S. property and casualty insurance market was valued at $1.10 trillion in 2025, the personal lines market was approximately $550.55 billion in 2025. The total U.S. property and casualty insurance market is estimated to grow to $1.14 trillion in 2026.

    Group Benefits (Group Life and Disability Insurance)

    In the U.S., the in-force premium for combined long-term disability (LTD), short-term disability (STD), and paid family and medical leave (PFML) among participating companies was $24.4 billion in 2025. Total workplace life insurance new premium for the first half of 2025 was $2.65 billion. Group life insurance represents about 92% of this market.

    Hartford Funds (Investment Products for Retail and Retirement Accounts)

    The total U.S. retirement assets were $51.2 trillion as of June 30, 2026. This broad market includes:
    • Individual Retirement Accounts (IRAs), which held $19.9 trillion in assets at the end of the second quarter of 2026.
    • Defined Contribution (DC) plan assets, which amounted to $15.0 trillion at the end of the second quarter of 2026.

    AI Analysis | Feedback

    The Hartford Financial Services Group (HIG) is expected to drive future revenue growth over the next two to three years through several key initiatives across its core business segments and ongoing technological advancements. Here are the expected drivers of future revenue growth:
    • Growth in Business Insurance: The Commercial Lines segment, particularly the small business unit, is anticipated to be a significant contributor to revenue growth. In the second quarter of 2026, Business Insurance drove profits with a 5% premium growth, and the small business segment specifically grew by 7%. Management expects mid-single-digit property growth through the end of 2026. The company aims for market-share gains in Business Insurance, supported by increasing commercial activity and a focus on the Small and Medium-sized Enterprise (SME) segment.
    • Leveraging Technology and AI in Underwriting and Operations: Hartford is investing heavily in technology and AI to enhance its competitive advantage. AI capabilities are being used to accelerate medical record summarization in claims, provide data-rich insights in underwriting, and improve customer interactions. Automation and AI-enabled underwriting have already supported premium growth and improved combined ratios, particularly in small commercial lines, where 75% of new business quotes are processed with no human touch. The company plans to expand this automation into middle and large business segments.
    • Expansion and Product Rollout in Personal Insurance: After achieving a pivotal turnaround and targeted profitability in its auto business in 2025, the Personal Lines segment is poised for growth. The "Prevail platform" is currently active in 10 agency states, with plans for approximately 30 additional state launches by early 2027, which is expected to create significant growth opportunities in the retail channel. The ongoing rollout of new personal insurance products is also a key part of the company's future outlook.
    • Strategic Growth in Group Benefits: The Group Benefits segment is expected to see growth, partly driven by strategic acquisitions. The acquisition of Equitable's Employee Benefits business is intended to expand Hartford's product suite and strengthen its presence in the small and midsize employer market. This inorganic growth is anticipated to broaden the Employee Benefits unit's reach into under-penetrated client and product areas, leading to increased top-line revenue and enhanced profitability through fixed-cost absorption. Additionally, the company's integrated benefits platform and expansion in paid family medical leave products are expected to sustain growth.

    AI Analysis | Feedback

    Share Repurchases

    • The Hartford authorized a $1.5 billion share repurchase program, effective from January 1, 2021, through December 31, 2022.
    • A $3 billion share repurchase authorization was approved, effective from August 1, 2022, through December 31, 2024.
    • A new $4.2 billion share repurchase program was initiated in August 2026, set to run through the end of 2028.

    Share Issuance

    • In March 2022, the company issued 4.2 million shares of common stock, valued at $194.5 million, as part of the purchase price for the acquisition of management contracts related to a portfolio of assets from CBAM.
    • During the first quarter of 2022, 636,461 newly issued common shares were distributed, related to $31.3 million in previously accrued performance allocations and incentive fee related compensation.

    Outbound Investments

    • The Hartford completed the acquisition of Equitable's Employee Benefits business on October 13, 2026, expanding its offerings in group life, disability, and other non-medical benefits products. The transaction includes approximately $500 million in premium for non-medical benefits products and Equitable's Employee Benefits technology platform.
    • The company agreed to sell Hartford Funds to Wellington Management in a deal with an estimated net present value of $1.9 billion, expected to close in the first quarter of 2027, positioning The Hartford as a pure-play insurer.
    • In March 2022, The Hartford acquired management contracts related to a portfolio of assets from CBAM, partly through the issuance of $194.5 million in common stock.

    Capital Expenditures

    No specific dollar value of capital expenditures or expected capital expenditures for the upcoming year is available within the provided information.

    Interactive Breakdown

    Hartford Financial Services Interactive Breakdown Analysis

    Peer Outperformance in Property & Casualty Insurance

    HIG has outperformed 63% of its 41 Property & Casualty Insurance peers over 5Y. Among the peers that beat it is TRV. Property & Casualty Insurance ranks 6th of 18 industries in Financials by median 5Y return.
    Share of Property & Casualty Insurance constituents that HIG has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
    1Y
    37%
    of 46 industry peers · 3.7% return
    3Y
    60%
    of 43 industry peers · 95.1% return
    5Y
    63%
    of 41 industry peers · 102.4% return
    Property & Casualty Insurance peers with revenue growth within 4pp of HIG's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
    Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
    HIG Hartford Financial Services 7.2% 8.2x 3.7%95.1%102.4% —
    TRV Travelers Companies 8.2% 9.5x 40.2%139.2%162.5% +60pp
    Price returns, excluding dividends. P/E shown for context only and not used for matching.
    Median price return by industry across the Financials sector, ranked by 5Y. Property & Casualty Insurance is HIG's own industry. Use this to see which corners of the sector have carried the returns.
    Industry Names 1Y med3Y med5Y med Top 3 by 5Y
    Reinsurance 6 20.1%65.2%115.7% SPNT 172% · RNR 142% · RGA 141%
    Diversified Banks 12 30.2%130.5%97.2% CM 142% · JPM 133% · RY 125%
    Investment Banking & Brokerage 13 -5.0%100.3%93.3% IBKR 406% · SNEX 198% · HOOD 173%
    Life & Health Insurance 20 12.8%52.5%84.5% JXN 486% · UNM 296% · MFC 178%
    Multi-Sector Holdings 4 4.8%53.2%72.5% BRK-B 87% · VOYA 58% · JEF 36%
    Property & Casualty Insurance ← 42 9.0%72.5%63.4% PGR 174% · TRV 162% · WRB 146%
    Multi-line Insurance 9 7.3%64.8%57.9% GNW 105% · L 96% · AIZ 84%
    Regional Banks 263 28.1%91.6%50.7% CBC 219% · FCNCA 153% · FBP 139%
    Financial Exchanges & Data 15 3.5%44.0%30.2% VIRT 162% · CBOE 150% · CME 68%
    Consumer Finance 30 6.4%86.2%24.2% ENVA 391% · EZPW 303% · FCFS 177%
    Diversified Financial Services 4 -6.2%18.6%10.8% FRHC 174% · EQH 89%
    Insurance Brokers 15 -20.9%-2.3%7.7% LIFE 317% · ARX 88% · AJG 55%
    Asset Management & Custody Banks 82 -11.0%16.6%6.9% WT 330% · AAMI 255% · SII 255%
    Commercial & Residential Mortgage Finance 13 -58.4%15.9%-7.6% FNMA 384% · FMCC 341% · ACT 171%
    Specialized Finance 3 11.8%35.4%-13.5% CACC -13% · HASI -17%
    Mortgage REITs 33 -18.1%-5.3%-32.9% RITM 25% · DX 18% · AGNC 7%
    Transaction & Payment Processing Services 17 2.4%-2.8%-43.2% V 85% · MA 82% · CPAY 55%
    Diversified Capital Markets 20 -50.0%16.7%-62.3% LPLA 100% · TW 35% · RIOT -35%
    Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

    Latest Trefis Analyses

    TitleDate
    0DASHBOARDS 
    1Is Hartford Insurance Stock Built to Withstand a Pullback?10/17/2025
    2HIG Dip Buy Analysis07/10/2025
    3Hartford Insurance Total Shareholder Return (TSR): 39.9% in 2024 and 20.7% 3-yr compounded annual returns (above peer average)03/07/2025
    4Hartford Insurance (HIG) Operating Cash Flow Comparison02/17/2025
    5Hartford Insurance (HIG) Net Income Comparison02/15/2025
    6Hartford Insurance vs. S&P500 Correlation10/03/2024
    7Hartford Insurance Price Volatility09/24/2024
    8Fundamental Metrics: ...06/19/2024
    9What to expect for Hartford Financial Services Group stock, one day after earnings?04/26/2023
    10Hartford Financial Services Group (HIG) Stock Has 61% Chance Of Rise In The Next One Month02/13/2023
    11ARTICLES 
    129 Red Days In A Row: Hartford Insurance Stock Is Down 9.7%09/26/2026
    13Mid Cap Stocks Trading At 52-Week High12/24/2025
    14S&P 500 Stocks Trading At 52-Week High12/20/2025
    15Is Hartford Stock Still Good Value Post 39% Rally Last Year?01/07/2025
    16HIG Stock Is Up 26% YTD, Is It Now Fairly Valued?06/04/2024
    Title
    0DASHBOARDS
    1Is Hartford Insurance Stock Built to Withstand a Pullback?
    2HIG Dip Buy Analysis
    3Hartford Insurance Total Shareholder Return (TSR): 39.9% in 2024 and 20.7% 3-yr compounded annual returns (above peer average)
    4Hartford Insurance (HIG) Operating Cash Flow Comparison
    5Hartford Insurance (HIG) Net Income Comparison
    6Hartford Insurance vs. S&P500 Correlation
    7Hartford Insurance Price Volatility
    8Fundamental Metrics: ...
    9What to expect for Hartford Financial Services Group stock, one day after earnings?
    10Hartford Financial Services Group (HIG) Stock Has 61% Chance Of Rise In The Next One Month
    11ARTICLES
    129 Red Days In A Row: Hartford Insurance Stock Is Down 9.7%
    13Mid Cap Stocks Trading At 52-Week High
    14S&P 500 Stocks Trading At 52-Week High
    15Is Hartford Stock Still Good Value Post 39% Rally Last Year?
    16HIG Stock Is Up 26% YTD, Is It Now Fairly Valued?

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    Financials

    HIGTRVCBALLAIGCNAMedian
    NameHartford.Traveler.Chubb Allstate American.CNA Fina. 
    Mkt Price132.64379.17355.67237.7477.4547.22185.19
    Mkt Cap36.379.8137.860.941.012.850.9
    Rev LTM28,62648,97962,27769,34726,66114,85838,802
    Op Inc LTM-------
    FCF LTM5,75811,02615,37612,2493,8502,2558,392
    FCF 3Y Avg5,6599,64814,8479,0164,5302,3977,337
    CFO LTM5,88011,02615,37612,4693,8502,3328,453
    CFO 3Y Avg5,8219,64814,8479,2324,5302,4847,526

    Growth & Margins

    HIGTRVCBALLAIGCNAMedian
    NameHartford.Traveler.Chubb Allstate American.CNA Fina. 
    Rev Chg LTM6.1%2.4%8.5%5.6%-3.9%3.4%4.5%
    Rev Chg 3Y Avg7.2%8.2%10.4%8.8%11.7%6.0%8.5%
    Rev Chg Q6.6%0.3%7.2%10.8%0.6%2.6%4.6%
    QoQ Delta Rev Chg LTM1.6%0.1%1.8%2.6%0.2%0.6%1.1%
    Op Inc Chg LTM-------
    Op Inc Chg 3Y Avg-------
    Op Mgn LTM-------
    Op Mgn 3Y Avg-------
    QoQ Delta Op Mgn LTM-------
    CFO/Rev LTM20.5%22.5%24.7%18.0%14.4%15.7%19.3%
    CFO/Rev 3Y Avg21.6%20.5%25.8%14.0%16.7%17.4%19.0%
    FCF/Rev LTM20.1%22.5%24.7%17.7%14.4%15.2%18.9%
    FCF/Rev 3Y Avg21.0%20.5%25.8%13.7%16.7%16.8%18.7%

    Valuation

    HIGTRVCBALLAIGCNAMedian
    NameHartford.Traveler.Chubb Allstate American.CNA Fina. 
    Mkt Cap36.379.8137.860.941.012.850.9
    P/S1.31.62.20.91.50.91.4
    P/Op Inc-------
    P/EBIT6.97.49.13.510.27.57.5
    P/E8.39.612.34.613.810.310.0
    P/CFO6.27.29.04.910.75.56.7
    Total Yield13.8%11.7%9.4%23.8%9.7%18.0%12.8%
    Dividend Yield1.7%1.2%1.1%1.8%2.4%8.3%1.7%
    FCF Yield 3Y Avg16.8%16.5%12.5%16.4%10.1%18.9%16.5%
    D/E0.10.10.10.10.20.20.1
    Net D/E-0.5-1.1-0.20.0-0.7-0.0-0.3

    Returns

    HIGTRVCBALLAIGCNAMedian
    NameHartford.Traveler.Chubb Allstate American.CNA Fina. 
    1M Rtn-3.6%0.3%4.0%-8.0%2.2%-1.8%-0.8%
    3M Rtn-1.0%15.6%5.7%-0.3%1.5%-4.6%0.6%
    6M Rtn-3.5%27.6%9.3%10.0%1.8%1.6%5.6%
    12M Rtn2.9%39.7%26.5%15.7%-4.3%8.7%12.2%
    3Y Rtn97.3%143.0%75.4%110.0%35.5%49.5%86.3%
    1M Excs Rtn-5.4%-2.6%1.1%-10.5%-0.3%-5.4%-4.0%
    3M Excs Rtn-6.2%9.0%0.1%-4.9%-3.7%-10.9%-4.3%
    6M Excs Rtn-14.8%16.4%-2.0%-1.3%-9.4%-9.6%-5.7%
    12M Excs Rtn-12.5%25.0%9.8%0.4%-20.3%-7.2%-3.4%
    3Y Excs Rtn16.6%64.0%-5.6%40.8%-44.5%-28.7%5.5%

    Comparison Analyses

    null

    Financials

    $ Mil | FY: 12/312026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q3
    Period End6/30/20263/31/202612/31/20259/30/20256/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/2023
    Filing Date7/23/20264/23/20262/20/202610/27/20257/28/20254/24/20252/21/202510/24/20247/25/20244/25/20242/23/202410/26/2023
    Key Financials Quarterly            
    Total Revenue7,1497,1517,1797,1476,7046,7716,8006,7146,4706,4006,3236,101
    Net Income1,2988561,1311,080995630853767738753771651
    EPS4.733.084.053.823.492.182.932.602.482.512.552.12
    Key Financials TTM            
    Total Revenue TTM28,62628,18127,80127,42226,98926,75526,38425,90725,29424,84624,33023,854
    Net Income TTM4,3654,0623,8363,5583,2452,9883,1113,0292,9132,7222,5042,325
    Growth Rates Quarterly            
    Total Revenue Growth6.6%5.6%5.6%6.4%3.6%5.8%7.5%10.0%7.4%8.8%8.1%10.6%
    Net Income Growth30.5%35.9%32.6%40.8%34.8%-16.3%10.6%17.8%34.9%40.7%30.2%91.5%
    Margins Quarterly            
    Net Income Margin18.2%12.0%15.8%15.1%14.8%9.3%12.5%11.4%11.4%11.8%12.2%10.7%
    Cash & Debt            
    Total Cash20,98221,75122,15021,86821,15521,08820,70220,53619,62618,95619,29941,373
    Total Debt4,3744,3724,3714,3704,3694,3684,3664,3654,3644,3634,3624,361
    Net Debt / (Cash)-16,608-17,379-17,779-17,498-16,786-16,720-16,336-16,171-15,262-14,593-14,937-37,012
    Cash Flows Quarterly            
    FCF from Operations1,1891,0451,8081,8381,2919851,8741,6781,2601,0971,6271,771
    Cash Flows TTM            
    FCF from Operations TTM5,8805,9825,9225,9885,8285,7975,9095,6625,7554,4464,2203,677
    Returns to Shareholders Quarterly            
    Dividends165167146147149150137138140141129131
    Share Repurchases466450400400415400414400350350350350
    Return on Invested Capital (ROIC) Quarterly            
    ROIC------------
    Return on Invested Capital (ROIC) TTM            
    ROIC TTM------------

    Segment Financials

    Revenue by Segment
    $ Mil20252024202320222021
    Business Insurance15,80714,40613,059  
    Employee Benefits7,1407,0666,939  
    Personal Insurance4,0883,7793,353  
    Hartford Funds1,1131,0671,0001,0441,189
    Corporate1471471144950
    Property & Casualty (P&C) Other Operations73706200
    Commercial Lines   10,6109,575
    Group Benefits   6,0575,687
    Net investment income   2,1772,313
    Net realized losses   -627509
    Other revenues   7381
    Personal Lines   2,9792,986
    Total28,36826,53524,52722,36222,390


    Operating Income by Segment
    $ Mil2000199919981997
    Life632467386480
    North American P&C412434457727
    International171642162
    Other Operations5-80-69 
    Total1,0668378161,369


    Net Income by Segment
    $ Mil20252024202320222021
    Business Insurance2,7802,3492,085  
    Employee Benefits557561535  
    Personal Insurance447208-39  
    Hartford Funds213192174162217
    Corporate-58-72-121-195-149
    Property & Casualty (P&C) Other Operations-103-127-130-190-95
    Commercial Lines   1,6241,757
    Group Benefits   327256
    Personal Lines   91385
    Preferred stock dividends    -21
    Total3,8363,1112,5041,8192,350


    Assets by Segment
    $ Mil20252024202320222021
    Business Insurance57,47153,296   
    Employee Benefits13,56413,502   
    Personal Insurance6,4466,034   
    Property & Casualty (P&C) Other Operations4,3544,3124,2353,8973,792
    Corporate3,3503,0122,8742,8353,803
    Hartford Funds812761684635720
    Commercial Lines  49,71147,23448,234
    Group Benefits  13,69713,29114,442
    Personal Lines  5,5795,1305,587
    Total85,99780,91776,78073,02276,578


    Price Behavior

    Price Behavior
    Market Price$131.96 
    Market Cap ($ Bil)36.1 
    First Trading Date12/15/1995 
    Distance from 52W High-9.0% 
       50 Days200 Days
    DMA Price$133.92$134.54
    DMA Trenddownindeterminate
    Distance from DMA-1.5%-1.9%
     3M1YR
    Volatility19.5%19.9%
    Downside Capture-7.49-14.59
    Upside Capture-29.87-8.36
    Correlation (S&P 500)-20.7%-6.8%
    HIG Betas & Captures as of 9/30/2026

     1M2M3M6M1Y3Y
    Beta0.05-0.09-0.51-0.33-0.090.39
    Up Beta-0.160.11-0.080.300.270.55
    Down Beta-1.91-1.11-1.39-1.19-0.330.36
    Up Capture-29%-46%-53%-27%-9%13%
    Bmk +ve Days6162766132424
    Stock +ve Days7162858124417
    Down Capture158%86%-26%-33%-16%42%
    Bmk -ve Days16263760120328
    Stock -ve Days15263667126331

    [1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
    Based On 1-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with HIG
    HIG4.4%19.9%0.09-
    Sector ETF (XLF)4.8%14.6%0.0943.8%
    Equity (SPY)17.1%12.7%0.96-7.6%
    Gold (GLD)-0.6%29.4%-0.02-14.4%
    Commodities (DBC)49.3%20.7%1.82-17.0%
    Real Estate (VNQ)5.7%13.7%0.1534.8%
    Bitcoin (BTCUSD)-27.9%43.7%-0.63-5.6%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 5-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with HIG
    HIG15.0%21.9%0.57-
    Sector ETF (XLF)8.9%18.3%0.3569.7%
    Equity (SPY)13.6%17.1%0.6044.6%
    Gold (GLD)17.9%18.9%0.76-3.1%
    Commodities (DBC)10.0%19.5%0.397.5%
    Real Estate (VNQ)1.2%18.8%-0.0547.2%
    Bitcoin (BTCUSD)8.5%51.8%0.3414.7%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 10-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with HIG
    HIG14.1%28.9%0.50-
    Sector ETF (XLF)13.0%22.1%0.5370.7%
    Equity (SPY)15.4%17.9%0.7352.1%
    Gold (GLD)12.0%16.4%0.60-3.0%
    Commodities (DBC)8.2%18.1%0.3717.7%
    Real Estate (VNQ)4.8%20.7%0.1953.1%
    Bitcoin (BTCUSD)63.5%66.2%1.0313.9%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How

    Short Interest

    Short Interest: As Of Date9302026
    Short Interest: Shares Quantity3.9 Mil
    Short Interest: % Change Since 9152026-0.3%
    Average Daily Volume2.1 Mil
    Days-to-Cover Short Interest1.9 days
    Basic Shares Quantity273.3 Mil
    Short % of Basic Shares1.4%

    Returns Analyses

    Earnings Returns History

    Updated 9/25/2026
    Expand for More
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    7/23/2026-1.2%0.6%-4.3%
    4/23/2026-3.7%-2.0%-2.6%
    1/29/20262.0%7.5%7.6%
    10/27/2025-1.8%-0.6%10.1%
    7/28/20252.8%4.1%9.6%
    4/24/2025-0.4%2.2%8.1%
    1/30/2025-2.4%-0.7%5.3%
    10/24/2024-6.8%-8.3%0.2%
    ...
    SUMMARY STATS   
    # Positive91517
    # Negative1597
    Median Positive2.7%2.5%8.1%
    Median Negative-1.9%-2.0%-4.3%
    Max Positive7.1%7.5%15.1%
    Max Negative-6.8%-8.3%-8.9%
     Collapse to Preview
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    7/23/2026-1.2%0.6%-4.3%
    4/23/2026-3.7%-2.0%-2.6%
    1/29/20262.0%7.5%7.6%
    10/27/2025-1.8%-0.6%10.1%
    7/28/20252.8%4.1%9.6%
    4/24/2025-0.4%2.2%8.1%
    1/30/2025-2.4%-0.7%5.3%
    10/24/2024-6.8%-8.3%0.2%
    7/25/20247.1%7.1%10.1%
    4/25/2024-3.8%-1.6%2.2%
    2/1/20243.7%3.1%9.4%
    10/26/2023-2.1%2.4%9.1%
    7/27/2023-5.0%-4.6%-5.6%
    4/27/20231.5%-2.4%-1.8%
    2/2/20230.5%2.5%5.0%
    10/27/20222.7%3.7%6.8%
    7/28/20222.6%0.4%5.3%
    4/28/2022-1.9%1.0%2.0%
    2/3/2022-2.3%1.1%-8.9%
    10/28/2021-1.2%-2.5%-7.0%
    7/28/20213.9%6.0%10.5%
    4/22/2021-1.2%0.2%-2.6%
    2/4/2021-1.0%-1.1%8.3%
    10/29/2020-0.4%3.2%15.1%
    SUMMARY STATS   
    # Positive91517
    # Negative1597
    Median Positive2.7%2.5%8.1%
    Median Negative-1.9%-2.0%-4.3%
    Max Positive7.1%7.5%15.1%
    Max Negative-6.8%-8.3%-8.9%

    SEC Filings

    Expand for More
    Report DateFiling DateFiling
    06/30/202607/23/202610-Q
    03/31/202604/23/202610-Q
    12/31/202502/20/202610-K
    09/30/202510/27/202510-Q
    06/30/202507/28/202510-Q
    03/31/202504/24/202510-Q
    12/31/202402/21/202510-K
    09/30/202410/24/202410-Q
    06/30/202407/25/202410-Q
    03/31/202404/25/202410-Q
    12/31/202302/23/202410-K
    09/30/202310/26/202310-Q
    06/30/202307/27/202310-Q
    03/31/202304/27/202310-Q
    12/31/202202/24/202310-K
    09/30/202210/27/202210-Q
     Collapse to Preview
    Report DateFiling DateFiling
    06/30/202607/23/202610-Q
    03/31/202604/23/202610-Q
    12/31/202502/20/202610-K
    09/30/202510/27/202510-Q
    06/30/202507/28/202510-Q
    03/31/202504/24/202510-Q
    12/31/202402/21/202510-K
    09/30/202410/24/202410-Q
    06/30/202407/25/202410-Q
    03/31/202404/25/202410-Q
    12/31/202302/23/202410-K
    09/30/202310/26/202310-Q
    06/30/202307/27/202310-Q
    03/31/202304/27/202310-Q
    12/31/202202/24/202310-K
    09/30/202210/27/202210-Q
    06/30/202207/28/202210-Q
    03/31/202204/28/202210-Q
    12/31/202102/18/202210-K
    09/30/202110/28/202110-Q
    06/30/202107/28/202110-Q
    03/31/202104/27/202110-Q
    12/31/202002/19/202110-K
    09/30/202010/29/202010-Q
    06/30/202007/31/202010-Q
    03/31/202004/29/202010-Q
    12/31/201902/21/202010-K
    09/30/201911/04/201910-Q

    Insider Activity

    Updated 8/11/2026
    Expand for More
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Tooker, Adin MPresidentDirectSell5292026135.138,8951,201,9815,163,084Form
    2Rodden, Lori AExecutive Vice PresidentDirectSell3122026138.0540,6935,617,5373,505,230Form
    3Niderno, Allison GSVP & ControllerDirectSell3052026140.5170298,58387,422Form
    4Niderno, Allison GSVP & ControllerDirectSell2272026141.9737553,22688,327Form
    5Tooker, Adin MPresidentDirectSell2262026140.548,3071,167,4665,369,790Form
     Collapse to Preview
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Tooker, Adin MPresidentDirectSell5292026135.138,8951,201,9815,163,084Form
    2Rodden, Lori AExecutive Vice PresidentDirectSell3122026138.0540,6935,617,5373,505,230Form
    3Niderno, Allison GSVP & ControllerDirectSell3052026140.5170298,58387,422Form
    4Niderno, Allison GSVP & ControllerDirectSell2272026141.9737553,22688,327Form
    5Tooker, Adin MPresidentDirectSell2262026140.548,3071,167,4665,369,790Form
    6Rodden, Lori AExecutive Vice PresidentDirectSell2132026141.835,681805,7232,609,624Form
    7Swift, ChristopherChairman and CEODirectSell2062026140.78100,97014,214,27227,425,780Form
    8Swift, ChristopherChairman and CEODirectSell2042026136.41201,93827,546,93626,575,533Form
    9Costello, Beth AnnEVP and CFODirectSell1062026136.5835,3394,826,77110,595,378Form
    10Tooker, Adin MPresidentDirectSell12012025137.906,731928,2054,374,335Form
    11Rodden, Lori AExecutive Vice PresidentDirectSell10312025122.417,841959,8292,252,369Form
    12Hunt, Donald ChristianEVP & General CounselTrustSell9082025133.872,124  Form
    13Costello, Beth AnnEVP and CFODirectSell8052025123.5035,3404,364,4909,580,340Form
    14Rodden, Lori AExecutive Vice PresidentDirectSell8052025123.117,710949,2122,265,300Form

    Investor Activity (13F)

    Updated Oct 15, 2026
    13F holdings as of Mar 31, 2026 (Q1 2026)

    Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Promethos Capital, LLC$8.1 Mil2.2%46TRIM -5.7%13F
    Active Manager
    Active ManagerValue% of PortfolioTotal PositionsQoQAs OfFiling
    Philadelphia Financial Management of San Francisco, LLC$13.7 Mil2.8%46ExitedDec 31, 202513F
    Benson Investment Management Company, Inc.$6.9 Mil2.4%50ExitedDec 31, 202513F
    Promethos Capital, LLC$8.1 Mil2.2%46TRIM -5.7%Mar 31, 202613F
    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Promethos Capital, LLC$8.1 Mil2.2%46TRIM -5.7%13F

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