Unum Group $UNM Shares Sold by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC lowered its position in shares of Unum Group (NYSE:UNM) by 60.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,450 shares of the financial services provider’s stock after selling 58,000 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Unum Group were worth $2,902,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. OneDigital Investment Advisors LLC increased its position in shares of Unum Group by 4.2% during the third quarter. OneDigital Investment Advisors LLC now owns 3,484 shares of the financial services provider’s stock worth $271,000 after purchasing an additional 141 shares in the last quarter. Larson Financial Group LLC increased its position in shares of 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 purchasing an additional 159 shares in the last quarter. Arizona State Retirement System increased its position in shares of Unum Group by 0.3% during the third quarter. Arizona State Retirement System now owns 49,017 shares of the financial services provider’s stock worth $3,813,000 after purchasing an additional 160 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC increased its position in shares of 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 purchasing an additional 165 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its position in shares of Unum Group by 4.8% during the fourth quarter. Valeo Financial Advisors LLC now owns 3,714 shares of the financial services provider’s stock worth $288,000 after purchasing an additional 169 shares in the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.

Insider Buying and Selling

In related news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $80.14, for a total transaction of $961,680.00. Following the transaction, the executive vice president owned 42,587 shares of the company’s stock, valued at $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 available through this link. Also, EVP Christopher W. Pyne sold 4,852 shares of Unum Group 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 completion of the sale, 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 position. The SEC filing for this sale provides additional information. Insiders have sold a total of 20,352 shares of company stock valued at $1,568,804 over the last quarter. 1.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Keefe, Bruyette & Woods reiterated a “moderate buy” rating and set a $95.00 target price on shares of Unum Group in a research report on Thursday, March 26th. Wells Fargo & Company lifted their target price on Unum Group from $99.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Truist Financial lifted their target price on Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Wall Street Zen upgraded Unum Group from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. Finally, Morgan Stanley lifted their target price on Unum Group from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $93.83.

Unum Group Stock Performance

NYSE UNM opened at $84.08 on Wednesday. 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 $85.27. The business’s 50-day moving average price is $78.77 and its 200 day moving average price is $76.67. The firm has a market cap of $13.43 billion, a P/E ratio of 18.28, a P/E/G ratio of 0.85 and a beta of 0.24.

Unum Group (NYSE:UNM) last released its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.07 by $0.07. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The firm had revenue of $3.36 billion for the quarter, compared to analyst estimates of $2.91 billion. During the same quarter last year, the company posted $2.04 earnings per share. The business’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. On average, equities research analysts expect that Unum Group will post 8.76 earnings per share for the current year.

Unum Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were issued a dividend of $0.46 per share. The ex-dividend date of this dividend was Friday, April 24th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.2%. Unum Group’s dividend payout ratio (DPR) 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.