THGNYSEFire, Marine & Casualty InsuranceFiscal year ends December 31
HANOVER INSURANCE GROUP, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$230.75−2.22 (-0.95%)
Close on Oct 19, 2026
- Market cap
- $8.21B
- P/E (TTM)
- 11.0
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
92.0%
32M of 35M shares
Institutional holders
546
84 new, 39 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 30 sales
Net sold $16.23M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 3,291,658 | 9.20% | 13G (passive) amendment | Dec 31, 2023 |
| Vanguard Portfolio Management | 1,939,338 | 5.51% | 13G (passive) | Mar 31, 2026 |
| T. Rowe Price Associates, Inc. | 1,831,584 | 5.20% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of THG | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 3,532,932 | 10.15% | $756.47M | −148,234 | 0.01% |
| Vanguard Portfolio Management LLC | 1,919,628 | 5.51% | $411.03M | −12,832 | 0.02% |
| Price T Rowe Associates Inc /Md/ | 1,831,579 | 5.26% | $392.18K | +447,437 | 0.04% |
| State Street Corp | 1,627,020 | 4.67% | $348.38M | −4,402 | 0.01% |
| Vanguard Capital Management LLC | 1,458,761 | 4.19% | $312.35M | +6,406 | 0.01% |
| Aqr Capital Management LLC | 1,341,075 | 3.85% | $287.15M | +327,680 | 0.10% |
| Fuller & Thaler Asset Management, Inc. | 1,089,705 | 3.13% | $233.33M | +99,868 | 0.64% |
| American Century Companies Inc | 1,078,105 | 3.10% | $230.84M | +75,578 | 0.10% |
| Dimensional Fund Advisors LP | 1,030,544 | 2.96% | $220.66M | +60,367 | 0.04% |
| Alliancebernstein L.P. | 909,130 | 2.61% | $157.60M | +77,585 | 0.05% |
| First Trust Advisors LP | 824,257 | 2.37% | $176.49M | −3,063 | 0.10% |
| Geode Capital Management, LLC | 729,091 | 2.09% | $156.15M | +924 | 0.01% |
| Ameriprise Financial Inc | 699,163 | 2.01% | $149.71M | +4,392 | 0.03% |
| Massachusetts Financial Services Co /Ma/ | 595,647 | 1.71% | $127.54M | −3,139 | 0.04% |
| Charles Schwab Investment Management Inc | 453,309 | 1.30% | $97.06M | −17,521 | 0.01% |
| Invesco Ltd. | 452,418 | 1.30% | $96.87M | −466 | 0.01% |
| Morgan Stanley | 450,920 | 1.29% | $96.55M | −11,752 | 0.01% |
| Norges Bank | 447,262 | 1.28% | $95.77M | New | 0.01% |
| Vaughan Nelson Investment Management, L.P. | 372,514 | 1.07% | $79.76M | +207,804 | 0.71% |
| London Co Of Virginia | 360,801 | 1.04% | $77.26M | −20,867 | 0.44% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 546 | 32M | 92.0% | 84 / 208 | 168 / 39 | 3M | 3M |
| Q1 2026 | 507 | 31M | 90.0% | 67 / 197 | 156 / 48 | 7M | 5M |
| Q4 2025 | 496 | 33M | 94.3% | 76 / 180 | 159 / 35 | 4M | 3M |
| Q3 2025 | 460 | 31M | 90.4% | 66 / 175 | 142 / 35 | 2M | 3M |
| Q2 2025 | 433 | 32M | 92.8% | 48 / 169 | 154 / 49 | 2M | 2M |
| Q1 2025 | 437 | 32M | 92.7% | 78 / 155 | 128 / 40 | 3M | 2M |
| Q4 2024 | 405 | 32M | 91.2% | 64 / 151 | 122 / 28 | 2M | 2M |
| Q3 2024 | 377 | 32M | 91.8% | 50 / 154 | 118 / 38 | 6M | 2M |
| Q2 2024 | 369 | 32M | 90.6% | 51 / 132 | 129 / 26 | 2M | 3M |
| Q1 2024 | 347 | 32M | 92.7% | 45 / 120 | 117 / 39 | 2M | 1M |
| Q4 2023 | 343 | 32M | 90.6% | 45 / 124 | 118 / 33 | 3M | 3M |
| Q3 2023 | 334 | 31M | 90.1% | 36 / 124 | 125 / 36 | 2M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of THG | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 1,197,516 | 3.44% | $256.41M | 0.21% | Jun 30, 2026 |
| Fullerthaler Behavioral Small Cap Equity | 1,040,862 | 2.99% | $222.87M | 1.76% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 998,648 | 2.87% | $213.83M | 0.01% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 729,270 | 2.09% | $135.79M | 0.50% | May 31, 2026 |
| Vanguard Small-Cap Index Fund | 722,314 | 2.07% | $154.66M | 0.08% | Jun 30, 2026 |
| T. Rowe Price Mid-Cap Value Fund, Inc. | 610,304 | 1.75% | $130.68M | 0.80% | Jun 30, 2026 |
| First Trust SMID Cap Rising Dividend Achievers ETF | 510,360 | 1.47% | $109.28M | 0.96% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 457,452 | 1.31% | $97.95M | 0.14% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 400,963 | 1.15% | $85.85M | 0.09% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Dividend ETF | 349,207 | 1.00% | $74.77M | 0.35% | Jun 30, 2026 |
| Columbia Select Mid Cap Value Fund | 291,697 | 0.84% | $54.31M | 1.79% | May 31, 2026 |
| MFS Mid Cap Value Fund | 276,506 | 0.79% | $59.21M | 0.34% | Jun 30, 2026 |
| T. Rowe Price New Horizons Fund, Inc. | 233,200 | 0.67% | $49.93M | 0.34% | Jun 30, 2026 |
| Invesco S&P MidCap Quality ETF | 220,891 | 0.63% | $51.39M | 0.94% | Jul 31, 2026 |
| Vanguard Dividend Appreciation Index Fund | 197,954 | 0.57% | $46.05M | 0.04% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| John C. Roche | President and CEO, Director | 155,707 | 0.45% | Sep 28, 2026 |
| Bryan J. Salvatore | Executive Vice President | 29,118 | 0.08% | Sep 28, 2026 |
| Jeffrey M. Farber | Executive Vice President | 68,819 | 0.20% | Sep 28, 2026 |
| Richard W. Lavey | Executive Vice President | 34,475 | 0.10% | Sep 28, 2026 |
| David John Lovely | Executive Vice President | 3,829 | 0.01% | Sep 28, 2026 |
| Dennis Francis Kerrigan | Executive Vice President | 12,018 | 0.03% | Sep 28, 2026 |
| Willard T. Lee | Executive Vice President | 6,004 | 0.02% | Sep 28, 2026 |
| Patricia A. Norton-Gatto | SVP & Princpl. Accntg. Officer | 2,452 | 0.01% | Sep 28, 2026 |
| Denise Lowsley | Executive Vice President | 8,058 | 0.02% | May 15, 2026 |
| Warren E. Barnes | SVP & Princpl. Accntg. Officer | 3,265 | 0.01% | Feb 26, 2025 |
| J. Paul Condrin | Director | 6,359 | 0.02% | Sep 28, 2026 |
| Cynthia Egan | Director | 11,186 | 0.03% | Sep 28, 2026 |
| Francisco Aristeguieta | Director | 4,060 | 0.01% | Sep 28, 2026 |
| Kevin Bradicich | Director | 10,099 | 0.03% | Sep 28, 2026 |
| Jane D. Carlin | Director | 4,579 | 0.01% | Sep 28, 2026 |
| Elizabeth A. Ward | Director | 5,886 | 0.02% | Sep 28, 2026 |
| William E. Donnell | Director | 1,827 | 0.01% | Sep 28, 2026 |
| Kathy S. Lane | Director | 7,605 | 0.02% | Sep 28, 2026 |
| Theodore H. Bunting JR | Director | 5,838 | 0.02% | Sep 28, 2026 |
| Joseph R. Ramrath | Director | 33,837 | 0.10% | Sep 28, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Kathy S. Lane Director | Sep 25, 2026 | Award | +3.7 | – | – | 2,776 |
| William E. Donnell Director | Sep 25, 2026 | Award | +3.7 | – | – | 850 |
| Elizabeth A. Ward Director | Sep 25, 2026 | Award | +3.7 | – | – | 5,886 |
| Jane D. Carlin Director | Sep 25, 2026 | Award | +3.7 | – | – | 2,273 |
| Kevin Bradicich Director | Sep 25, 2026 | Award | +3.7 | – | – | 10,099 |
| Francisco Aristeguieta Director | Sep 25, 2026 | Award | +3.7 | – | – | 4,060 |
| Cynthia Egan Director | Sep 25, 2026 | Award | +3.7 | – | – | 10,209 |
| Jeffrey M. Farber Executive Vice President | Sep 25, 2026 | Award | +41.9 | – | – | 68,819 |
| J. Paul Condrin Director | Sep 25, 2026 | Award | +3.7 | – | – | 6,359 |
| Willard T. Lee Executive Vice President | Sep 25, 2026 | Award | +10.64 | – | – | 6,004 |
| John C. Roche President and CEO, Director | Sep 25, 2026 | Award | +120.05 | – | – | 141,253 |
| Patricia A. Norton-Gatto SVP & Princpl. Accntg. Officer | Sep 25, 2026 | Award | +5.66 | – | – | 2,452 |
| Theodore H. Bunting JR Director | Sep 25, 2026 | Award | +3.7 | – | – | 5,838 |
| Dennis Francis Kerrigan Executive Vice President | Sep 25, 2026 | Award | +14.95 | – | – | 12,018 |
| David John Lovely Executive Vice President | Sep 25, 2026 | Award | +10.42 | – | – | 3,829 |
| Richard W. Lavey Executive Vice President | Sep 25, 2026 | Award | +27.91 | – | – | 34,475 |
| Joseph R. Ramrath Director | Sep 25, 2026 | Award | +3.7 | – | – | 33,837 |
| Bryan J. Salvatore Executive Vice President | Sep 25, 2026 | Award | +24.14 | – | – | 29,118 |
| Dennis Francis Kerrigan Executive Vice President | Aug 20, 2026 | Sale(10b5-1 plan) | −400 | $220.01 | $88.00K | 13,707 |
| Dennis Francis Kerrigan Executive Vice President | Aug 20, 2026 | Option exercise | +2,104 | $118.54 | $249.41K | 14,107 |
| Dennis Francis Kerrigan Executive Vice President | Aug 20, 2026 | Sale(10b5-1 plan) | −1,704 | $222.97 | $379.94K | 12,003 |
| Dennis Francis Kerrigan Executive Vice President | Aug 19, 2026 | Sale(10b5-1 plan) | −4,822 | $220.41 | $1.06M | 13,732 |
| Dennis Francis Kerrigan Executive Vice President | Aug 19, 2026 | Sale(10b5-1 plan) | −224 | $222.77 | $49.90K | 12,003 |
| Dennis Francis Kerrigan Executive Vice President | Aug 19, 2026 | Option exercise | +6,551 | $118.54 | $776.56K | 18,554 |
| Dennis Francis Kerrigan Executive Vice President | Aug 19, 2026 | Sale(10b5-1 plan) | −1,505 | $221.73 | $333.70K | 12,227 |
| Theodore H. Bunting JR Director | Aug 6, 2026 | Sale | −600 | $230.20 | $138.12K | 5,835 |
| Theodore H. Bunting JR Director | Aug 5, 2026 | Sale | −600 | $228.03 | $136.82K | 6,435 |
| Jane D. Carlin Director | Aug 3, 2026 | Sale | −1,000 | $231.50 | $231.50K | 2,270 |
| Jeffrey M. Farber Executive Vice President | Jul 29, 2026 | Option exercise | +26,832 | $118.54 | $3.18M | 99,023 |
| Jeffrey M. Farber Executive Vice President | Jul 29, 2026 | Option exercise | +19,084 | $115.35 | $2.20M | 118,107 |
| Jeffrey M. Farber Executive Vice President | Jul 29, 2026 | Tax withholding | −49,330 | $232.34 | $11.46M | 68,777 |
| Jeffrey M. Farber Executive Vice President | Jul 29, 2026 | Option exercise | +20,379 | $117.22 | $2.39M | 72,191 |
| Willard T. Lee Executive Vice President | Jun 26, 2026 | Award | +10.83 | – | – | 5,993 |
| Patricia A. Norton-Gatto SVP & Princpl. Accntg. Officer | Jun 26, 2026 | Award | +5.76 | – | – | 2,446 |
| Joseph R. Ramrath Director | Jun 26, 2026 | Award | +3.77 | – | – | 33,834 |
| Elizabeth A. Ward Director | Jun 26, 2026 | Award | +3.77 | – | – | 5,883 |
| J. Paul Condrin Director | Jun 26, 2026 | Award | +3.77 | – | – | 6,356 |
| Jane D. Carlin Director | Jun 26, 2026 | Award | +3.77 | – | – | 3,270 |
| Kathy S. Lane Director | Jun 26, 2026 | Award | +3.77 | – | – | 2,773 |
| Kevin Bradicich Director | Jun 26, 2026 | Award | +3.77 | – | – | 10,096 |
| Theodore H. Bunting JR Director | Jun 26, 2026 | Award | +3.77 | – | – | 7,035 |
| Francisco Aristeguieta Director | Jun 26, 2026 | Award | +3.77 | – | – | 4,057 |
| John C. Roche President and CEO, Director | Jun 26, 2026 | Award | +122.23 | – | – | 141,133 |
| Dennis Francis Kerrigan Executive Vice President | Jun 26, 2026 | Award | +15.22 | – | – | 12,003 |
| William E. Donnell Director | Jun 26, 2026 | Award | +3.77 | – | – | 847 |
| Jeffrey M. Farber Executive Vice President | Jun 26, 2026 | Award | +42.66 | – | – | 51,812 |
| Richard W. Lavey Executive Vice President | Jun 26, 2026 | Award | +28.42 | – | – | 34,447 |
| Bryan J. Salvatore Executive Vice President | Jun 26, 2026 | Award | +24.58 | – | – | 29,094 |
| David John Lovely Executive Vice President | Jun 26, 2026 | Award | +10.61 | – | – | 3,819 |
| Cynthia Egan Director | Jun 26, 2026 | Award | +3.77 | – | – | 10,206 |
| Bryan J. Salvatore Executive Vice President | Jun 3, 2026 | Sale | −16,394 | $185.76 | $3.05M | 29,069 |
| Bryan J. Salvatore Executive Vice President | Jun 3, 2026 | Option exercise | +16,394 | $104.11 | $1.71M | 45,463 |
| Francisco Aristeguieta Director | May 21, 2026 | Sale | −1,000 | $195.37 | $195.37K | 4,053 |
| Dennis Francis Kerrigan Executive Vice President | May 20, 2026 | Sale | −6,262 | $192.99 | $1.21M | 11,988 |
| Dennis Francis Kerrigan Executive Vice President | May 20, 2026 | Option exercise | +6,262 | $115.35 | $722.32K | 18,250 |
| John C. Roche President and CEO, Director | May 20, 2026 | Sale(10b5-1 plan) | −3,152 | $193.21 | $609.00K | 146,217 |
| John C. Roche President and CEO, Director | May 20, 2026 | Sale(10b5-1 plan) | −5,145 | $194.05 | $998.39K | 141,072 |
| John C. Roche President and CEO, Director | May 20, 2026 | Sale(10b5-1 plan) | −61 | $194.77 | $11.88K | 141,011 |
| John C. Roche President and CEO, Director | May 19, 2026 | Tax withholding | −24,766 | $193.79 | $4.80M | 149,369 |
| John C. Roche President and CEO, Director | May 19, 2026 | Option exercise | +9,098 | $85.87 | $781.25K | 150,109 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Denise Lowsley Officer | Sep 16, 2026 | 9,864 | $2.28M | Sep 16, 2026 | Stock Option Exercise |
| Dennis Francis Kerrigan Officer | Aug 20, 2026 | 2,104 | $467.95K | Aug 20, 2026 | Stock Option Exercise |
| Dennis Francis Kerrigan Officer | Aug 19, 2026 | 6,551 | $1.45M | Aug 19, 2026 | Stock Option Exercise |
| Theodore H. Bunting JR Director | Aug 10, 2026 | 1,200 | $274.90K | Aug 4, 2026 | Restricted Stock |
| D. Carlin Jane Officer | Aug 3, 2026 | 1,000 | $231.50K | Aug 3, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Bryan J. Salvatore Officer | Jun 3, 2026 | 16,394 | $3.05M | Jun 3, 2026 | Option Granted - 02/27/2018 |
| Francisco Aristeguieta Director | May 21, 2026 | 1,000 | $195.37K | May 21, 2026 | Compensation |
| John C. Roche Officer, Director | May 20, 2026 | 8,358 | $1.63M | May 20, 2026 | Stock Option Exercise |
| Dennis Francis Kerrigan Officer | May 20, 2026 | 6,262 | $1.21M | May 20, 2026 | Option Granted - 02/26/2021 |
| John C. Roche Officer, Director | May 18, 2026 | 5,251 | $1.03M | May 18, 2026 | Stock Option Exercise |
| Denise Lowsley Officer | May 14, 2026 | 4,175 | $800.47K | May 14, 2026 | Option Granted 02/26/2021 |
| Denise Lowsley Officer | May 8, 2026 | 1,062 | $200.11K | May 8, 2026 | ESPP Purchase |
| Willard T. Lee Officer | May 4, 2026 | 1,000 | $183.93K | May 4, 2026 | Restricted Stock Vesting |
| Cynthia Egan Director | May 1, 2026 | 3,400 | $640.90K | May 1, 2026 | Restricted Stock Vesting |
| Richard W. Lavey Officer | Feb 5, 2026 | 24,420 | $4.37M | Feb 5, 2026 | Restricted Stock Vesting |