New York State Teachers Retirement System Sells 8,186 Shares of Unum Group $UNM

New York State Teachers Retirement System lowered its stake in shares of Unum Group (NYSE:UNM) by 4.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 166,452 shares of the financial services provider’s stock after selling 8,186 shares during the quarter. New York State Teachers Retirement System’s holdings in Unum Group were worth $12,156,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Norges Bank bought a new stake in Unum Group during the 4th quarter valued at approximately $1,108,919,000. Charles Schwab Investment Management Inc. raised its position in shares of Unum Group by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,653,246 shares of the financial services provider’s stock worth $438,127,000 after acquiring an additional 26,753 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Unum Group by 0.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,791,712 shares of the financial services provider’s stock valued at $293,868,000 after purchasing an additional 13,832 shares during the period. AQR Capital Management LLC boosted its position in shares of Unum Group by 35.1% during the third quarter. AQR Capital Management LLC now owns 2,339,289 shares of the financial services provider’s stock valued at $181,622,000 after purchasing an additional 607,684 shares in the last quarter. Finally, UBS Group AG boosted its position in shares of Unum Group by 5.4% during the fourth quarter. UBS Group AG now owns 1,356,916 shares of the financial services provider’s stock valued at $105,161,000 after purchasing an additional 68,957 shares in the last quarter. 86.57% of the stock is owned by institutional investors.

Insider Transactions at Unum Group

In related news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $80.14, for a total transaction 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. This represents a 21.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is currently owned by insiders.

Unum Group Stock Down 0.0%

UNM stock opened at $92.31 on Monday. The business has a 50 day moving average of $85.37 and a 200 day moving average of $79.03. The firm has a market cap of $14.75 billion, a PE ratio of 20.07, a price-to-earnings-growth ratio of 0.93 and a beta of 0.25. Unum Group has a twelve month low of $68.28 and a twelve month high of $93.21. 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 (NYSE:UNM) last released its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, topping the consensus estimate of $2.07 by $0.07. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The business had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $2.91 billion. During the same period in the previous year, the company posted $2.04 earnings per share. The company’s revenue for the quarter 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 forecast that Unum Group will post 8.77 EPS for the current fiscal year.

Unum Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid a $0.46 dividend. The ex-dividend date was Friday, April 24th. This represents a $1.84 dividend on an annualized basis and a yield of 2.0%. Unum Group’s payout ratio is presently 40.00%.

Wall Street Analyst Weigh In

UNM has been the subject of a number of research reports. Keefe, Bruyette & Woods reiterated a “moderate buy” rating and issued a $95.00 price objective on shares of Unum Group in a report on Thursday, March 26th. Wells Fargo & Company upped their target price on shares of Unum Group from $99.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Zacks Research upgraded shares of Unum Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Morgan Stanley lifted their price target on shares of Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. Finally, UBS Group boosted their price objective on shares of Unum Group from $81.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Unum Group presently has an average rating of “Moderate Buy” and a consensus target price of $94.00.

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.