# The Hanover Insurance Group, Inc. (THG)

> Source: Nexqual · https://nexqual.com/THG · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, The Hanover Insurance Group, Inc. (THG), nexqual.com/THG" · informational, not investment advice.

**Price:** USD 228.42 (+0.99% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 226.17 · day 227.87–231.38 · 52w 166.54–236.07 · market cap $7.95B · NYQ

## Key facts
- 1 of 80 tracked superinvestors hold THG (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
- Analysts: Hold (mean 2.63 on a 1–5 scale) (8 analysts), mean target USD 235.88 (range 223–260).
- Total return with dividends: 1Y +38.3% vs S&P 500 +18.1%; 5Y +90.9% vs S&P 500 +85.1%.
- Next earnings: 2026-10-28, EPS estimate USD 4.57, revenue estimate $1.80B.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold THG. Change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Thomas Gayner | Markel Group | 0.46% | $60.2M | Unchanged |

## Analysts
Consensus Hold (mean 2.63 on a 1–5 scale), 8 analysts; mean target USD 235.88 (low 223, high 260).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-06 | Morgan Stanley | Target lowered | Equal-Weight | $240 → $230 |
| 2026-09-18 | Keefe, Bruyette & Woods | Target raised | Market Perform | $222 → $232 |
| 2026-08-19 | Morgan Stanley | Target raised | Equal-Weight | $235 → $240 |
| 2026-08-06 | Keefe, Bruyette & Woods | Target raised | Market Perform | $220 → $222 |
| 2026-07-30 | RBC Capital | Target raised | Sector Perform | $215 → $235 |
| 2026-07-29 | Citizens | Target raised | Market Outperform | $225 → $240 |
| 2026-07-15 | Piper Sandler | Downgrade | Overweight → Neutral | $220 |
| 2026-07-13 | RBC Capital | Target raised | Sector Perform | $195 → $215 |
| 2026-07-10 | Citizens | Target raised | Market Outperform | $205 → $225 |
| 2026-07-08 | Morgan Stanley | Target raised | Equal-Weight | $220 → $225 |
| 2026-07-08 | Keefe, Bruyette & Woods | Downgrade | Outperform → Market Perform | $211 → $220 |
| 2026-07-06 | Morgan Stanley | Target raised | Equal-Weight | $195 → $220 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | +38.3% | +90.9% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +38.4% | +13.8% |
| Volatility (annualized) | 20.5% | 22.2% |
| Max drawdown | -10.0% (Dec 2025→Jan 2026) | -30.1% (Mar 2022→Sep 2023) |

## Peers (Insurance - Property & Casualty)
KNSL (Kinsale Capital Group, Inc.) USD 357.49 +5.15% · ORI (Old Republic International Corp) USD 38.67 +1.36% · RLI (RLI Corp.) USD 59.48 +4.17% · AFG (American Financial Group, Inc.) USD 145.73 +0.77% · SIGI (Selective Insurance Group, Inc.) USD 87.3 +2.52% · WTM (White Mountains Insurance Group) USD 2,143.73 +2.42%

## More
Full page: https://nexqual.com/THG · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt