The Hartford Insurance Group (HIG) Rating Reiterated by Raymond James with Raised Price Target

Raymond James reiterated its "Outperform" rating on The Hartford Insurance Group (HIG) and raised the price target to $140.00 from $135.00, representing a 3.70% increase. Other analysts have also made positive adjustments, including Wells Fargo, Morgan Stanley, JP Morgan, and UBS, suggesting continued confidence in The Hartford Insurance Group's market performance and future prospects.

Raymond James Financial has reaffirmed its "outperform" rating on The Hartford Insurance Group (NYSE: HIG) and increased the price target to $140.00 from $135.00, indicating a potential 3.70% increase [1]. This move reflects the investment firm's optimism regarding the company's market performance and future prospects.

The Hartford Insurance Group reported earnings of $3.41 per share for the last quarter, surpassing analysts' expectations of $2.83, and achieved a revenue of $6.99 billion [1]. The company's strong financial performance has led several other analysts to adjust their ratings and target prices positively. Wells Fargo, Morgan Stanley, JP Morgan, and UBS have all made favorable adjustments, suggesting continued confidence in HIG's market trajectory [1].

Additionally, hedge funds have shown increased interest in The Hartford Insurance Group. Private Wealth Management Group LLC, Park Square Financial Group LLC, Center for Financial Planning Inc., Meeder Asset Management Inc., and Spurstone Advisory Services LLC have all recently added to their stakes in the company [1].

The Hartford Insurance Group's stock traded down $1.50 on Friday, hitting $122.89, with a market capitalization of $34.55 billion. The company's 50-day moving average is $125.17, and the 200-day moving average is $120.51 [1]. The stock has a price-to-earnings ratio of 11.14, a price-to-earnings-growth ratio of 1.25, and a beta of 0.69 [1].

Raymond James Financial's price target of $140.00 would indicate a potential upside of 13.93% from the stock's current price, reflecting the firm's optimism about the company's future earnings growth and market position [1]. The Hartford Insurance Group's strong earnings report and positive analyst ratings suggest that the company is well-positioned for continued growth in the insurance sector.

References:
[1] https://www.marketbeat.com/instant-alerts/the-hartford-insurance-group-nysehig-given-outperform-rating-at-raymond-james-financial-2025-08-01/