Unum Group (NYSE:UNM) Receives Consensus Rating of “Moderate Buy” from Analysts

Unum Group (NYSE:UNM) has been given an average recommendation of “Moderate Buy” by the fifteen research firms that are covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $93.25.

Several research firms have recently issued reports on UNM. Bank of America decreased 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. Keefe, Bruyette & Woods reaffirmed a “moderate buy” rating and set a $95.00 price objective on shares of Unum Group in a research report on Thursday, March 26th. Truist Financial lifted their price objective on shares of Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Morgan Stanley decreased their price objective on shares of Unum Group from $85.00 to $80.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 3rd. Finally, Weiss Ratings cut shares of Unum Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 27th.

Insider Buying and Selling at Unum Group

In other Unum Group news, EVP Christopher W. Pyne sold 4,852 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $72.47, for a total value of $351,624.44. Following the transaction, the executive vice president directly owned 52,268 shares in the company, valued at $3,787,861.96. This represents a 8.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Elizabeth Claire Ahmed sold 12,000 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were 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 in the company, valued at $3,412,922.18. This represents a 21.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 20,352 shares of company stock worth $1,568,804 over the last three months. Insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Unum Group

A number of institutional investors and hedge funds have recently bought and sold shares of UNM. Brighton Jones LLC purchased a new stake in Unum Group in the fourth quarter valued at $247,000. EverSource Wealth Advisors LLC lifted its position in Unum Group by 157.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,851 shares of the financial services provider’s stock valued at $149,000 after acquiring an additional 1,132 shares during the last quarter. Baird Financial Group Inc. lifted its position in Unum Group by 26.6% in the second quarter. Baird Financial Group Inc. now owns 7,939 shares of the financial services provider’s stock valued at $641,000 after acquiring an additional 1,666 shares during the last quarter. Brown Advisory Inc. lifted its position in Unum Group by 13.2% in the second quarter. Brown Advisory Inc. now owns 6,445 shares of the financial services provider’s stock valued at $520,000 after acquiring an additional 753 shares during the last quarter. Finally, Cresset Asset Management LLC lifted its position in Unum Group by 6.1% in the second quarter. Cresset Asset Management LLC now owns 6,715 shares of the financial services provider’s stock valued at $542,000 after acquiring an additional 386 shares during the last quarter. 86.57% of the stock is owned by hedge funds and other institutional investors.

Unum Group Stock Performance

Shares of UNM stock opened at $82.07 on Friday. 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 $83.46. The stock has a market capitalization of $13.11 billion, a PE ratio of 17.84, a P/E/G ratio of 0.84 and a beta of 0.24. The firm has a 50 day moving average of $76.85 and a two-hundred day moving average of $76.17.

Unum Group (NYSE:UNM) last issued its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $2.14 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 company had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $2.91 billion. During the same quarter last year, the company posted $2.04 EPS. The firm’s revenue was up 8.5% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. On average, research analysts predict that Unum Group will post 8.73 EPS for the current fiscal year.

Unum Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, April 24th. Unum Group’s dividend payout ratio is currently 40.00%.

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.