Latest revenue
$739.0M
as of 2026-03-31
Latest net income
$856.0M
as of 2026-03-31
Net margin
115.8%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $37.29B
- Enterprise value
- $-3.38B
- P/E (trailing)
- 9.7×
- Forward P/E
- —
- P/B
- 1.97×
- Dividend yield
- 1.6%
- 52-wk high
- $144.50
- 52-wk low
- $119.61
- Beta
- —
- Shares out
- 274.1M
5-year trend
What this company does
The Hartford sells property and casualty insurance, group employee benefits, and mutual funds and ETFs to businesses and individuals primarily in the US, with smaller operations in the UK. It earns most of its money from earned premiums on insurance policies, supplemented by investment income from its $64 billion portfolio and fee income from asset management. First-quarter 2026 net income jumped 36% to $856 million on premium growth and stronger investment returns, while management continues aggressive buybacks, reducing share count by roughly 10 million year-over-year.
Generated from HIG's filing dated 2026-02-20
Key risks
- Unrealized investment losses: AFS fixed maturities fair value $45.6B vs amortized cost $46.9B, a $1.3B underwater position; AOCI deficit widened to -$2.4B.
- Loss reserve adequacy exposure: $46.7B unpaid losses and LAE against $18.9B equity; modest reserve deficiencies could materially impair book value.
- Aggressive capital return amid declining equity: $455M buybacks plus $171M dividends in Q1 contributed to stockholders' equity slipping to $18.9B from $19.0B.
Generated from HIG's filing dated 2026-02-20
Profitability
Net margin
13.5%
15.3%Return on equity
23.3%
14.9%Return on assets
4.5%
16.0%Leverage
Debt / equity
4.23×
1.2%Long-term debt / equity
0.27×
6.7%Debt / assets
80.9%
0.2%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $739.0M | +12.7% | $856.0M | +35.9% | 115.8% |
Q4 2025 2025-12-31 | $26.29B | +6.5% | $1.13B | +32.6% | 4.3% |
Q3 2025 2025-09-30 | $759.0M | +15.2% | $1.08B | +40.8% | 142.3% |
Q2 2025 2025-06-30 | $664.0M | +10.3% | $995.0M | +34.8% | 149.8% |
Q1 2025 2025-03-31 | $656.0M | +10.6% | $630.0M | -16.3% | 96.0% |
Q4 2024 2024-12-31 | $24.68B | — | $853.0M | — | 3.5% |
Q3 2024 2024-09-30 | $659.0M | +10.4% | $767.0M | +17.8% | 116.4% |
Q2 2024 2024-06-30 | $602.0M | +11.5% | $738.0M | +34.9% | 122.6% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Fire, Marine & Casualty Insurance · SIC 6331
Your notes
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Insider activity
Insider buying
$0
Insider selling
$61.8M
Net activity
−$61.8M
Distinct insiders
6
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns HIG
Institutional value
$12.79B
Total shares held
99.8M
Distinct holders
762
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 18.0M | $2.43B | — | New |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 15.9M | $2.15B | — | New |
| 3 | Invesco Ltd. | 5.1M | $685.1M | — | New |
| 4 | DIMENSIONAL FUND ADVISORS LP | 4.7M | $635.5M | — | New |
| 5 | Legal & General Group Plc | 2.6M | $355.8M | — | New |
| 6 | BAHL & GAYNOR INC | 2.4M | $330.6M | — | New |
| 7 | Bank of New York Mellon Corp | 2.4M | $327.9M | — | New |
| 8 | AustralianSuper Pty Ltd | 2.0M | $276.6M | — | New |
| 9 | Allianz Asset Management GmbH | 2.0M | $264.7M | — | New |
| 10 | Robeco Institutional Asset Management B.V. | 1.9M | $252.4M | — | New |
| 11 | LOS ANGELES CAPITAL MANAGEMENT LLC | 1.7M | $234.5M | — | New |
| 12 | UBS Group AG | 1.6M | $212.3M | — | New |
| 13 | VANGUARD FIDUCIARY TRUST CO | 1.6M | $211.9M | — | New |
| 14 | DEUTSCHE BANK AG\ | 1.4M | $191.1M | — | New |
| 15 | GREAT LAKES ADVISORS, LLC | 1.1M | $148.8M | — | New |
| 16 | HSBC HOLDINGS PLC | 1.1M | $148.0M | — | New |
| 17 | Nuveen, LLC | 906.1K | $122.5M | — | New |
| 18 | Swiss National Bank | 817.8K | $110.6M | — | New |
| 19 | California Public Employees Retirement System | 787.6K | $106.5M | — | New |
| 20 | ASSETMARK, INC | 768.0K | $103.9M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Loss and LAE were flat at $3.998B despite 5.3% premium growth—what favorable prior-year development or reserve releases drove the implied loss ratio improvement?
- 2
AOCI deteriorated another $359M to negative $2.42B on AFS losses; what's the unrealized loss on the $46.9B fixed maturity book and duration positioning?
- 3
Insurance operating costs rose 7% to $1.447B, outpacing premium growth—what's driving the expense ratio deterioration and when does it normalize?
Refreshed when HIG files a new report · last from 2026-02-20