Callan Family Office LLC Invests $607,000 in Unum Group $UNM

Callan Family Office LLC purchased a new stake in shares of Unum Group (NYSE:UNM) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,795 shares of the financial services provider’s stock, valued at approximately $607,000.

Other institutional investors have also recently bought and sold shares of the company. Donald Smith & CO. Inc. bought a new position in shares of Unum Group in the second quarter valued at $58,064,000. Allworth Financial LP bought a new stake in shares of Unum Group during the second quarter worth about $500,000. LaSalle St. Investment Advisors LLC bought a new stake in shares of Unum Group during the second quarter worth about $316,000. Advisors Capital Management LLC acquired a new stake in shares of Unum Group in the 2nd quarter worth about $691,000. Finally, MJP Associates Inc. ADV acquired a new stake in shares of Unum Group in the 2nd quarter worth about $271,000. Institutional investors and hedge funds own 86.57% of the company’s stock.

Unum Group Stock Up 0.3%

Unum Group stock opened at $89.80 on Wednesday. Unum Group has a fifty-two week low of $68.70 and a fifty-two week high of $94.55. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 0.34. The firm’s 50-day simple moving average is $89.29 and its 200 day simple moving average is $81.91. The stock has a market cap of $14.22 billion, a PE ratio of 20.93, a price-to-earnings-growth ratio of 0.95 and a beta of 0.26.

Unum Group (NYSE:UNM) last posted its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $2.16 EPS for the quarter, meeting the consensus estimate of $2.16. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The firm had revenue of $3.39 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter last year, the business posted $1.92 EPS. The company’s revenue for the quarter was up .3% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Research analysts predict that Unum Group will post 8.65 EPS for the current fiscal year.

Unum Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 24th were given a dividend of $0.505 per share. The ex-dividend date of this dividend was Friday, July 24th. This is a positive change from Unum Group’s previous quarterly dividend of $0.46. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.2%. Unum Group’s dividend payout ratio (DPR) is 47.09%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on UNM. Morgan Stanley lifted their price target on Unum Group from $87.00 to $92.00 and gave the company an “equal weight” rating in a research note on Monday. Truist Financial increased their price objective on Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Keefe, Bruyette & Woods dropped their target price on Unum Group from $110.00 to $108.00 and set an “outperform” rating on the stock in a report on Thursday, July 30th. Evercore restated an “outperform” rating and issued a $106.00 target price on shares of Unum Group in a report on Tuesday, July 7th. Finally, Atlantic Securities set a $88.00 target price on Unum Group in a research report on Wednesday, July 15th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $99.42.

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.