Unum Group (NYSE:UNM) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Unum Group (NYSE:UNM) has been given a consensus rating of “Moderate Buy” by the fourteen brokerages that are covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $97.2727.

UNM has been the subject of a number of research analyst reports. Weiss Ratings upgraded Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Zacks Research upgraded shares of Unum Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Evercore reissued an “outperform” rating and issued a $106.00 price objective on shares of Unum Group in a research note on Tuesday. UBS Group set a $94.00 target price on shares of Unum Group in a research report on Tuesday. Finally, Wells Fargo & Company lifted their target price on shares of Unum Group from $99.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th.

Unum Group Stock Performance

UNM opened at $87.75 on Friday. The stock has a market cap of $14.02 billion, a P/E ratio of 19.08, a P/E/G ratio of 0.90 and a beta of 0.25. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.35 and a quick ratio of 0.35. The stock’s 50 day simple moving average is $86.06 and its 200 day simple moving average is $79.25. Unum Group has a 1-year low of $68.28 and a 1-year high of $93.21.

Unum Group (NYSE:UNM) last issued its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.07. The firm had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $2.91 billion. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.Unum Group’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the firm posted $2.04 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. As a group, equities analysts anticipate that Unum Group will post 8.76 EPS for the current fiscal year.

Insider Buying and Selling

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $80.14, for a total transaction of $961,680.00. Following the completion of the transaction, the executive vice president owned 42,587 shares of the company’s stock, valued at approximately $3,412,922.18. This trade represents a 21.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.00% of the company’s stock.

Institutional Trading of Unum Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in Unum Group in the 4th quarter valued at about $1,108,919,000. Zurich Insurance Group Ltd FI purchased a new stake in shares of Unum Group during the fourth quarter worth about $58,860,000. Alyeska Investment Group L.P. grew its holdings in shares of Unum Group by 365.3% during the fourth quarter. Alyeska Investment Group L.P. now owns 930,534 shares of the financial services provider’s stock worth $72,116,000 after buying an additional 730,534 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Unum Group by 35.1% in the third quarter. AQR Capital Management LLC now owns 2,339,289 shares of the financial services provider’s stock valued at $181,622,000 after buying an additional 607,684 shares during the last quarter. Finally, Two Sigma Investments LP raised its position in shares of Unum Group by 127.3% in the third quarter. Two Sigma Investments LP now owns 864,485 shares of the financial services provider’s stock valued at $67,240,000 after buying an additional 484,107 shares during the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Unum Group Company Profile

Unum Group (NYSE: UNM) is a leading provider of employee benefits in the United States and selected international markets, specializing in disability, life, accident and critical illness insurance. Through both fully insured and self-funded arrangements, the company offers group coverage designed to protect income and mitigate financial hardship for employees and their families. Its portfolio includes short-term and long-term disability plans, group life and accidental death & dismemberment (AD&D) policies, as well as critical illness and hospital indemnity products.

In addition to its core product lines, Unum Group markets voluntary benefits under its Colonial Life brand, allowing employees to purchase supplemental insurance such as accident, cancer, and dental coverage directly through payroll deductions.