Louisiana State Employees Retirement System Invests $768,000 in Horace Mann Educators Corporation $HMN

Louisiana State Employees Retirement System acquired a new stake in Horace Mann Educators Corporation (NYSE:HMN) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 18,000 shares of the insurance provider’s stock, valued at approximately $768,000.

Several other large investors have also recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in shares of Horace Mann Educators by 36.2% during the first quarter. Royal Bank of Canada now owns 8,251 shares of the insurance provider’s stock valued at $352,000 after acquiring an additional 2,194 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings 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 during the period. 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 boosted 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 acquiring an additional 7,542 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in Horace Mann Educators by 313.8% during the 1st quarter. Jane Street Group LLC now owns 91,640 shares of the insurance provider’s stock worth $3,916,000 after acquiring an additional 69,492 shares during the period. Institutional investors and hedge funds own 99.28% of the company’s stock.

Horace Mann Educators Stock Up 2.2%

Shares of NYSE:HMN traded up $1.19 during midday trading on Tuesday, reaching $55.04. 5,607 shares of the company were exchanged, compared to its average volume of 251,344. The firm has a market cap of $2.22 billion, a PE ratio of 13.84 and a beta of 0.09. Horace Mann Educators Corporation has a fifty-two week low of $40.04 and a fifty-two week high of $55.00. The stock has a fifty day simple moving average of $47.68 and a two-hundred day simple moving average of $45.21. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.40.

Horace Mann Educators (NYSE:HMN) last released its quarterly earnings results on Friday, May 8th. The insurance provider reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.18. The firm had revenue of $429.30 million for the quarter, compared to the consensus estimate of $319.10 million. Horace Mann Educators had a return on equity of 14.15% and a net margin of 9.63%.The company’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the business posted $1.07 EPS. As a group, sell-side analysts forecast that Horace Mann Educators Corporation will post 4.49 earnings per share for the current year.

Horace Mann Educators Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $0.36 per share. The ex-dividend date was Monday, June 15th. This represents a $1.44 annualized dividend and a yield of 2.6%. Horace Mann Educators’s dividend payout ratio is presently 36.18%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. Based on data from MarketBeat.com, Horace Mann Educators has a consensus rating of “Strong Buy” and an average price target of $48.00.

Insider Buying and Selling at Horace Mann Educators

In other Horace Mann Educators news, CEO Marita Zuraitis sold 7,500 shares of the business’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $46.16, for a total transaction of $346,200.00. Following the transaction, the chief executive officer owned 322,812 shares of the company’s stock, valued at $14,901,001.92. The trade was a 2.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 30,000 shares of company stock valued at $1,433,868. 3.60% of the stock is owned by company insiders.

About Horace Mann Educators

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.