Patricia Norton-Gatto Acquires Shares in The Hanover Insurance Group

The Hanover Insurance Group's SVP Patricia Norton-Gatto purchased shares, signaling insider confidence.

Key Points

  • Patricia Norton-Gatto, SVP & Principal Accounting Officer at The Hanover Insurance Group, bought 6 shares on June 26, 2026.
  • The Hanover Insurance Group has a market cap of $7.49 billion and trades with a P/E ratio of 10.8.
  • Analysts from Piper Sandler and Oppenheimer maintain a buy rating on THG, with price targets up to $220.

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Patricia Norton-Gatto, the Senior Vice President and Principal Accounting Officer at The Hanover Insurance Group, Inc. (NYSE: THG), purchased 6 shares of the company on June 26, 2026. This insider transaction is part of a series of recent buys by company executives, potentially reflecting confidence in the firm's future prospects.

Insider Buying and Selling at The Hanover Insurance Group, Inc.

In addition to Patricia Norton-Gatto's purchase, several other insiders at The Hanover Insurance Group have recently acquired shares. On June 26, 2026, President and CEO John Roche bought 122 shares, while Executive Vice President David John Lovely purchased 11 shares. Other notable buys include Paul Condrin, Elizabeth Ward, Jane Carlin, and William Donnell, each acquiring 4 shares. These purchases were not part of any pre-planned trading program.

The Hanover Insurance Group, Inc. Stock Down 5.8%

Shares of The Hanover Insurance Group traded near $214.54 on Wednesday. The company, which operates in the property and casualty insurance sector, has a market capitalization of approximately $7.49 billion. It trades at a price-to-earnings (P/E) ratio of 10.8 and has a beta of 0.317, indicating lower volatility compared to the market. Over the past 52 weeks, the stock has ranged from a low of $160.70 to a high of $220.00.

Year to date

$THG stock price

Daily closing prices, year to date. Not investment advice.

Analysts Set New Price Targets

Analysts continue to show interest in The Hanover Insurance Group. On May 26, 2026, Piper Sandler maintained its buy rating with a price target of $220. Similarly, Oppenheimer maintained a buy rating with the same target on May 21, 2026. However, on May 19, 2026, BMO Capital downgraded the stock to hold with a $203 target. The consensus among analysts remains positive, with a mean target price of $206.38 across eight opinions.

About The Hanover Insurance Group

The Hanover Insurance Group, Inc., based in Worcester, Massachusetts, offers a wide range of property and casualty insurance products through its subsidiaries. Founded in 1852, the company operates in several segments, including Core Commercial, Specialty, and Personal Lines. Under the leadership of CEO John Conner Roche, The Hanover Insurance Group employs around 4,900 people and serves both individuals and businesses across the United States.

Bottom Line

The recent insider purchases at The Hanover Insurance Group suggest a level of confidence among its top executives. As a major player in the insurance industry, the company's performance is closely watched by investors and analysts alike. Insider transactions, like those of Patricia Norton-Gatto, provide valuable insights, though they are backward-looking and don't necessarily predict future performance.

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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.