SG Americas Securities LLC grew its position in shares of Horace Mann Educators Corporation (NYSE:HMN – Free Report) by 70.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,592 shares of the insurance provider’s stock after purchasing an additional 12,616 shares during the quarter. SG Americas Securities LLC owned approximately 0.08% of Horace Mann Educators worth $1,382,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. KLP Kapitalforvaltning AS grew its holdings in Horace Mann Educators by 52.5% in the second quarter. KLP Kapitalforvaltning AS now owns 24,100 shares of the insurance provider’s stock valued at $1,036,000 after purchasing an additional 8,300 shares during the period. First Citizens Bank & Trust Co. purchased a new position in shares of Horace Mann Educators during the 2nd quarter valued at approximately $514,000. Prudential Financial Inc. grew its stake in Horace Mann Educators by 76.7% in the 2nd quarter. Prudential Financial Inc. now owns 74,802 shares of the insurance provider’s stock valued at $3,214,000 after acquiring an additional 32,464 shares during the period. Exchange Traded Concepts LLC increased its holdings in Horace Mann Educators by 1.9% in the 2nd quarter. Exchange Traded Concepts LLC now owns 19,532 shares of the insurance provider’s stock worth $839,000 after acquiring an additional 372 shares in the last quarter. Finally, Meritage Portfolio Management acquired a new position in Horace Mann Educators during the second quarter worth $2,611,000. 99.28% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Horace Mann Educators news, Director Beverley J. Mcclure sold 1,082 shares of the company’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $45.40, for a total value of $49,122.80. Following the completion of the sale, the director directly owned 16,733 shares in the company, valued at $759,678.20. This represents a 6.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Marita Zuraitis sold 5,000 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $45.35, for a total value of $226,750.00. Following the completion of the sale, the chief executive officer directly owned 283,788 shares of the company’s stock, valued at $12,869,785.80. This trade represents a 1.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 15,398 shares of company stock worth $697,298 in the last three months. Company insiders own 4.00% of the company’s stock.
Analyst Ratings Changes
View Our Latest Analysis on HMN
Horace Mann Educators Price Performance
Horace Mann Educators stock opened at $42.51 on Friday. The company has a fifty day simple moving average of $45.45 and a 200-day simple moving average of $44.60. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 10.76 and a beta of 0.07. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.58. Horace Mann Educators Corporation has a 52-week low of $37.21 and a 52-week high of $48.33.
Horace Mann Educators (NYSE:HMN – Get Free Report) last posted its quarterly earnings results on Friday, November 7th. The insurance provider reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.39. Horace Mann Educators had a net margin of 9.79% and a return on equity of 15.69%. The firm had revenue of $438.50 million for the quarter, compared to analyst estimates of $429.90 million. During the same period in the previous year, the business posted $0.76 earnings per share. Horace Mann Educators’s quarterly revenue was up 6.4% on a year-over-year basis. On average, equities analysts anticipate that Horace Mann Educators Corporation will post 3.87 EPS for the current fiscal year.
Horace Mann Educators Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were given a $0.35 dividend. The ex-dividend date was Monday, December 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.3%. Horace Mann Educators’s dividend payout ratio is 35.44%.
Horace Mann Educators Company Profile
Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.
In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.
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