---
title: Hartford (HIG) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/hig
ticker: HIG
as_of: 2026-10-17
sector: Financial Services
industry: Insurance - Diversified
---
# Hartford (HIG)

Hartford (HIG) closed at $135.12 on Oct 16, 2026, undervalued by 6% vs its model value of $143.01 (from the justified price to book).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $135.12 (Oct 16, 2026) |
| Model value (from the justified price to book) | $143.01 |
| Price vs model | undervalued by 6% vs model |
| Range of that model | $125.14 – $166.85 |
| Market value | $36.6B |
| P/E (fiscal 2025) | 10.1 |
| Net margin (fiscal 2025) | 13.6% |
| Free cash flow (fiscal 2025) | $5.8B |
| Dividend yield (trailing twelve months) | 1.78% |
| Beta | 0.49 |
| Cost of capital (WACC) | 7.43% |
| Business classification | Mature & Stable (Low/slowing growth (~4% recent), High profitability (255% net margin), Pays dividends, Highly cyclical earnings, Strong FCF yield (15.7%)) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Lowest P/E | #17 | 10.1× | https://sweetvaluelab.com/lists/lowest-pe |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 1.78% |
| Dividends per share, last 12 months | $2.40 |
| Dividends / earnings (fiscal 2025) | 15.4% |
| Raised | 13 years in a row |
| Growth over 5 years | 11.8% a year |
| Latest payment | $0.60, ex-date Sep 1, 2026, paid Oct 2, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Aug 31, 2021 | $1.38 |
| To Aug 31, 2022 | $1.54 |
| To Aug 31, 2023 | $1.70 |
| To Sep 3, 2024 | $1.88 |
| To Sep 2, 2025 | $2.08 |
| Trailing twelve months (to Sep 1, 2026) | $2.40 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| P/B · justified | primary | $143.01 | $125.14 | $166.85 |
| P/E · peers | cross check | $156.11 | $131.74 | $222.62 |
| P/E · own history | cross check | $158.90 | $138.16 | $172.99 |
| PEG | sanity check | $102.60 | $102.60 | $102.60 |
| Dividend discount | cross check | $60.22 | $38.85 | $113.23 |

## Insider activity (SEC Form 4)

No open-market insider buys or sales filed in the past 90 days.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Aug 7, 2026 | Swift Christopher | Chairman and CEO | Bona fide gift | 35,088 | $0 |
| Jul 27, 2026 | Ruesterholz Virginia P | Director | Grant / award | 1,355.787 | $190,000 |
| Jul 27, 2026 | Roseborough Teresa Wynn | Director | Grant / award | 1,355.787 | $190,000 |
| Jul 27, 2026 | Rippert Annette | Director | Grant / award | 1,355.787 | $190,000 |
| Jul 27, 2026 | De Shon Larry D | Director | Grant / award | 1,355.787 | $190,000 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Sep 30, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/874766/000087476626000067/hig-20260930.htm |
| Sep 25, 2026 | 8-K | 1.02 Termination of a Material Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/874766/000087476626000064/hig-20260923.htm |
| Aug 11, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 7.01 Regulation FD Disclosure | https://www.sec.gov/Archives/edgar/data/874766/000087476626000062/hig-20260811.htm |
| Jul 23, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/874766/000087476626000060/hig-20260630.htm |
| Jul 23, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/874766/000087476626000059/hig-20260723.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Bridgewater | 2026-06-30 | 120,033 | $15.9M |

1 tracked managers in all.

## About

The Hartford Insurance Group, Inc., together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. It operates through Business Insurance, Personal Insurance, Property & Casualty Other Operations, Employee Benefits and Hartford Funds. The company offers insurance coverage, including workers’ compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company also provides automobiles, homeowners, and personal umbrella coverages. The Property & Casualty Other Operations segment offers coverage for asbestos an…

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Source: https://sweetvaluelab.com/stocks/hig (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.