Hamilton Shares Rise After Big Money Buys

HG is a specialty insurance and reinsurance company with business interests primarily in Bermuda, but also elsewhere in the world. Its three main underwriting platforms are Hamilton Global Specialty, Hamilton Select, and Hamilton Re. HG offers a range of insurance products and services, from auto, liability, property, and health care, to aviation, space, marine, cyber insurance, and more. The company was incorporated in 2013 and recently received ratings upgrades from major agencies.

Earnings-wise, HG’s fourth-quarter fiscal 2024 report showed big annual growth amid challenges. Net income grew by 55% on a year-over-year basis, to $400 million. A big reason for this was the jump in gross premiums written by the company – 24% growth to $2.4 billion. This increase reflected gains in Bermuda-based and international business. Even though the company experienced big losses with Hurricanes Helen and Milton, it still produced $149 million in underwriting income.

It’s no wonder HG shares are up 12% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

Big Money Buys Hamilton

Institutional volumes reveal plenty. In the last year, HG has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in HG shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of financials names are under accumulation right now. But there’s a powerful fundamental story happening with Hamilton.

Hamilton Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, HG has had strong sales and earnings growth:

• 3-year sales growth rate (+57.7%)
• 3-year EPS growth rate (+68.1%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +45.8%.

Now it makes sense why the stock has been powering to new heights. HG has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

Hamilton recently became a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It just made the rare Top 20 report multiple times. The blue bars below show when HG was a top pick…indicating higher prices ahead:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

Hamilton Price Prediction

The HG rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in HG at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.