Franklin Resources Inc. Sells 569,586 Shares of Horace Mann Educators Corporation $HMN

Franklin Resources Inc. lowered its stake in Horace Mann Educators Corporation (NYSE:HMN) by 15.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,064,567 shares of the insurance provider’s stock after selling 569,586 shares during the quarter. Franklin Resources Inc. owned about 0.08% of Horace Mann Educators worth $141,522,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of HMN. Royal Bank of Canada lifted its stake in Horace Mann Educators by 36.2% in the first quarter. Royal Bank of Canada now owns 8,251 shares of the insurance provider’s stock valued at $352,000 after buying an additional 2,194 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Horace Mann Educators by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,449 shares of the insurance provider’s stock valued at $1,045,000 after buying an additional 1,064 shares in the last quarter. Caxton Associates LLP bought a new position in Horace Mann Educators in the first quarter valued at approximately $313,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Horace Mann Educators by 5.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 138,788 shares of the insurance provider’s stock valued at $5,930,000 after buying an additional 7,542 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in Horace Mann Educators by 313.8% in the first quarter. Jane Street Group LLC now owns 91,640 shares of the insurance provider’s stock valued at $3,916,000 after buying an additional 69,492 shares in the last quarter. Institutional investors own 99.28% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Marita Zuraitis sold 7,500 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $46.16, for a total transaction of $346,200.00. Following the transaction, the chief executive officer directly owned 322,812 shares in the company, valued at approximately $14,901,001.92. The trade was a 2.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Beverley J. Mcclure sold 1,081 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $42.54, for a total transaction of $45,985.74. Following the completion of the transaction, the director owned 14,797 shares in the company, valued at approximately $629,464.38. This represents a 6.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 23,581 shares of company stock worth $1,085,204. 3.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Horace Mann Educators from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, June 1st. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $46.50.

Horace Mann Educators Stock Performance

Shares of HMN stock opened at $48.63 on Thursday. The company’s fifty day simple moving average is $45.42 and its 200-day simple moving average is $44.53. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.40. The firm has a market cap of $1.96 billion, a PE ratio of 12.22 and a beta of 0.11. Horace Mann Educators Corporation has a 12 month low of $40.04 and a 12 month high of $49.21.

Horace Mann Educators (NYSE:HMN) last issued its earnings results on Friday, May 8th. The insurance provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.18. The business had revenue of $429.30 million for the quarter, compared to the consensus estimate of $319.10 million. Horace Mann Educators had a net margin of 9.63% and a return on equity of 14.15%. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.07 earnings per share. Equities research analysts expect that Horace Mann Educators Corporation will post 4.49 EPS for the current fiscal year.

Horace Mann Educators Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Monday, June 15th. Horace Mann Educators’s payout ratio is presently 36.18%.

Horace Mann Educators Company Profile

Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.

In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.