Horace Mann Educators (NYSE:HMN) Director Victor Fetter Buys 3,500 Shares of Stock

Horace Mann Educators Corporation (NYSE:HMN) Director Victor Fetter purchased 3,500 shares of Horace Mann Educators stock in a transaction dated Wednesday, February 25th. The stock was acquired at an average price of $42.73 per share, with a total value of $149,555.00. Following the acquisition, the director owned 22,292 shares in the company, valued at approximately $952,537.16. This represents a 18.62% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Horace Mann Educators Price Performance

NYSE HMN opened at $43.51 on Friday. The company has a market cap of $1.77 billion, a PE ratio of 11.16 and a beta of 0.06. The firm’s 50 day moving average price is $44.03 and its 200-day moving average price is $44.91. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.10 and a current ratio of 0.12. Horace Mann Educators Corporation has a 52-week low of $38.76 and a 52-week high of $48.33.

Horace Mann Educators (NYSE:HMN) last posted its earnings results on Friday, February 27th. The insurance provider reported $1.21 earnings per share for the quarter. Horace Mann Educators had a return on equity of 13.92% and a net margin of 9.53%.The company had revenue of $434.80 million during the quarter. Sell-side analysts forecast that Horace Mann Educators Corporation will post 3.87 EPS for the current fiscal year.

Horace Mann Educators Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.2%. The ex-dividend date was Monday, December 15th. Horace Mann Educators’s payout ratio is 35.90%.

Hedge Funds Weigh In On Horace Mann Educators

Several hedge funds have recently made changes to their positions in the company. Aster Capital Management DIFC Ltd acquired a new stake in Horace Mann Educators during the 3rd quarter worth about $29,000. Smartleaf Asset Management LLC raised its stake in shares of Horace Mann Educators by 49.7% in the third quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock worth $31,000 after purchasing an additional 232 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Horace Mann Educators by 222.3% during the second quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock worth $39,000 after purchasing an additional 627 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in Horace Mann Educators in the second quarter valued at approximately $47,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in Horace Mann Educators in the fourth quarter valued at approximately $51,000. 99.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Wall Street Zen cut shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Horace Mann Educators in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $47.33.

About Horace Mann Educators

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.