The Hanover Insurance (THG) EVP Richard Lavey Buys 28 Shares
The Hanover Insurance Group, Inc. executive Richard Lavey added 28 shares of company stock in late June.
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Richard Lavey, Executive Vice President at The Hanover Insurance Group, Inc. ($THG), bought 28 shares on June 26, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $THG is up 3.6% after 1 week, up 3.2% after 1 month and up 10.0% to date (from the $211.71 close on Jun 26, 2026).
Key Points
- Executive Vice President Richard Lavey purchased 28 shares of The Hanover Insurance Group, Inc. (NYSE:THG) on June 26, 2026.
- The purchase formed part of a broader wave of insider buying on June 26, 2026, which included transactions by Patricia Norton-Gatto, Francisco Aristeguieta, Cynthia Egan, William Donnell, and Joseph Ramrath.
- The Hanover Insurance Group trades with a forward P/E of 11.41 and a consensus hold rating, with analysts setting a mean price target of $237.75 ahead of the October 28 earnings report.
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Executive Vice President Richard Lavey Adds to Holdings
Executive Vice President Richard Lavey purchased 28 shares of The Hanover Insurance Group, Inc. (NYSE:THG) on June 26, 2026. This transaction added to a cluster of insider activity at the property and casualty insurer during late June, reflecting shared participation among leadership.
Cluster of Insider Activity on June 26
The transaction by Richard Lavey coincided with similar purchases executed across the leadership team on June 26, 2026. Patricia Norton-Gatto, serving as Senior Vice President and Principal Accounting Officer, acquired 6 shares. Additional open-market additions on the same date included 4 shares each bought by Francisco Aristeguieta, Cynthia Egan, William Donnell, and Joseph Ramrath. These concurrent transactions highlight a coordinated pattern of insider acquisition at the Worcester-based insurer.
Stock Valuation and Price Context
Shares of The Hanover Insurance Group traded around $214.54, positioning the equity below its 52-week peak of $236.07 while remaining above its 52-week low of $166.54. The company maintains a market capitalization of roughly $7.77 billion alongside a price-to-earnings ratio of 10.69. The stock is currently changing hands above its 200-day moving average of $193.65.
Recent Earnings Performance
For its recent financial reporting period, the company generated $6.76 billion in revenue, representing a revenue growth rate of 4.3%. Profitability metrics show a net margin of 11.17% and a return on equity of 21.89%, with earnings per share sitting at $20.89. Investors look toward the company's next earnings report scheduled for October 28, 2026, for further updates on revenue and operational results.
Dividend Commitments
The insurer distributes an annual dividend rate of $3.80 per share, delivering a dividend yield of 1.7% based on current trading levels. The payout is supported by a dividend payout ratio of 17.95%.
Analysts Set New Price Targets
Wall Street research firms continue to update their outlooks on the stock. On October 6, 2026, Morgan Stanley maintained its Equal-Weight rating and adjusted its price target to $230.00 from $240.00, following an earlier August update where it held a $235.00 target. Keefe, Bruyette & Woods maintained a Market Perform rating on September 18 with a $232.00 target, up from a previous $222.00 target set in August. RBC Capital maintained a Sector Perform rating on July 30 with a target of $235.00. Citizens maintained a Market Outperform rating on July 29 with a $240.00 target. Piper Sandler downgraded the stock to Neutral on July 15 with a $220.00 target. Across the broader analyst community, the stock holds a consensus recommendation of hold alongside a mean price target of $237.75 derived from 8 analyst opinions.
Company Background and Operations
Headquartered in Worcester, Massachusetts, The Hanover Insurance Group, Inc. operates through subsidiaries to offer commercial property, specialty insurance, personal lines, and miscellaneous coverage options through independent agents and brokers. The enterprise traces its corporate history back to 1852.
What to Watch at THG
Market participants will monitor upcoming corporate filings and the scheduled October 28 earnings report for additional clarity on operational milestones. Insider transactions reported under SEC guidelines provide historical insight into executive activity but do not indicate guaranteed future stock movements.
Source: Richard Lavey's Form 4 filing on $THG (Jun 26, 2026). Find the original filing: THG Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts