12 Most Undervalued Quality Stocks to Buy According to Hedge Funds

7. The Hartford Insurance Group Inc. (NYSE:HIG)

Forward P/E Ratio as of August 7: 11.00

Number of Hedge Fund Holders: 44 

The Hartford Insurance Group Inc. (NYSE:HIG) is one of the most undervalued quality stocks to buy according to hedge funds. On August 4, UBS raised the firm’s price target on Hartford Financial to $150 from $145, while keeping a Buy rating on the shares. This sentiment followed the firm’s decision to update its overall model for Property & Casualty and Brokers, and also came after the release of Hartford Insurance Group’s Q2 2025 earnings report.

The company reported an increase in its overall performance, with net income available to common stockholders rising by 35% to $990 million, or $3.44 per diluted share, compared to $733 million, or $2.44 per diluted share, in Q2 2024. Core earnings also saw an increase of 31% to $981 million, or $3.41 per diluted share, up from $750 million, or $2.50 per diluted share.

Consolidated net investment income for The Hartford increased by 10% to $664 million, primarily from a higher level of invested assets and reinvesting at higher interest rates. The company also returned a total of $549 million to stockholders in Q2, comprising $400 million in share repurchases and $149 million in common stockholder dividends.

The Hartford Insurance Group Inc. (NYSE:HIG) provides insurance and financial services to individual and business customers in the US, the UK, and internationally.