Unum Group $UNM Shares Bought by Swedbank AB

Swedbank AB grew its holdings in Unum Group (NYSE:UNM) by 6.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 496,077 shares of the financial services provider’s stock after purchasing an additional 28,572 shares during the quarter. Swedbank AB’s holdings in Unum Group were worth $36,229,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in UNM. Smartleaf Asset Management LLC grew its position in shares of Unum Group by 5.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,781 shares of the financial services provider’s stock valued at $218,000 after purchasing an additional 149 shares in the last quarter. Larson Financial Group LLC lifted its position in Unum Group by 0.4% during the fourth quarter. Larson Financial Group LLC now owns 37,864 shares of the financial services provider’s stock worth $2,934,000 after buying an additional 159 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC boosted its stake in Unum Group by 1.2% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 13,709 shares of the financial services provider’s stock worth $1,066,000 after buying an additional 165 shares during the last quarter. First Citizens Bank & Trust Co. grew its holdings in Unum Group by 0.8% in the 4th quarter. First Citizens Bank & Trust Co. now owns 21,140 shares of the financial services provider’s stock valued at $1,638,000 after buying an additional 165 shares in the last quarter. Finally, L2 Asset Management LLC grew its holdings in Unum Group by 1.6% in the 4th quarter. L2 Asset Management LLC now owns 10,343 shares of the financial services provider’s stock valued at $802,000 after buying an additional 166 shares in the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UNM has been the subject of a number of recent research reports. Wall Street Zen raised Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Wolfe Research dropped their price objective on shares of Unum Group from $102.00 to $100.00 and set an “outperform” rating for the company in a report on Monday. Bank of America cut their price objective on shares of Unum Group from $83.00 to $77.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. UBS Group set a $94.00 target price on shares of Unum Group in a research note on Tuesday. Finally, Zacks Research upgraded shares of Unum Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $97.27.

Unum Group Stock Performance

Shares of Unum Group stock opened at $87.75 on Thursday. The firm has a market cap of $14.02 billion, a PE ratio of 19.08, a price-to-earnings-growth ratio of 0.90 and a beta of 0.25. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.35. Unum Group has a 52 week low of $68.28 and a 52 week high of $93.21. The business’s fifty day simple moving average is $86.06 and its 200-day simple moving average is $79.25.

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, beating the consensus estimate of $2.07 by $0.07. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The firm had revenue of $3.36 billion for the quarter, compared to analyst estimates of $2.91 billion. During the same period in the previous year, the firm earned $2.04 EPS. Unum Group’s revenue was up 8.5% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Equities analysts forecast that Unum Group will post 8.76 earnings per share for the current year.

Insider Buying and Selling at Unum Group

In other news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $80.14, for a total value of $961,680.00. Following the sale, the executive vice president directly owned 42,587 shares of the company’s stock, valued at approximately $3,412,922.18. The trade was a 21.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

About Unum Group

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.