Hsbc Holdings PLC Invests $914,000 in Horace Mann Educators Corporation $HMN

Hsbc Holdings PLC bought a new position in shares of Horace Mann Educators Corporation (NYSE:HMN) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,825 shares of the insurance provider’s stock, valued at approximately $914,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Captrust Financial Advisors increased its stake in Horace Mann Educators by 3.6% in the second quarter. Captrust Financial Advisors now owns 6,504 shares of the insurance provider’s stock valued at $279,000 after purchasing an additional 229 shares during the last quarter. State of Alaska Department of Revenue lifted its position in shares of Horace Mann Educators by 1.1% during the 4th quarter. State of Alaska Department of Revenue now owns 22,535 shares of the insurance provider’s stock worth $1,040,000 after buying an additional 238 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its holdings in shares of Horace Mann Educators by 1.2% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 36,774 shares of the insurance provider’s stock valued at $1,580,000 after buying an additional 431 shares in the last quarter. Aquatic Capital Management LLC boosted its holdings in shares of Horace Mann Educators by 4.3% in the 3rd quarter. Aquatic Capital Management LLC now owns 11,636 shares of the insurance provider’s stock valued at $526,000 after buying an additional 483 shares in the last quarter. Finally, California State Teachers Retirement System grew its position in shares of Horace Mann Educators by 1.5% in the 2nd quarter. California State Teachers Retirement System now owns 37,666 shares of the insurance provider’s stock valued at $1,619,000 after buying an additional 568 shares during the last quarter. 99.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Marita Zuraitis sold 7,500 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $52.62, for a total transaction of $394,650.00. Following the completion of the sale, the chief executive officer owned 314,629 shares in the company, valued at $16,555,777.98. This represents a 2.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 30,000 shares of company stock valued at $1,433,868. 3.60% of the stock is owned by corporate insiders.

Horace Mann Educators Trading Up 0.1%

NYSE:HMN opened at $52.56 on Tuesday. 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 Corporation has a 52-week low of $40.04 and a 52-week high of $55.56. The stock’s 50 day moving average price is $48.40 and its 200 day moving average price is $45.44. The company has a market capitalization of $2.12 billion, a PE ratio of 13.21 and a beta of 0.09.

Horace Mann Educators (NYSE:HMN) last posted its quarterly earnings data on Friday, May 8th. The insurance provider reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.18. The business had revenue of $429.30 million during 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 was up 3.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.07 earnings per share. On average, research analysts anticipate that Horace Mann Educators Corporation will post 4.49 EPS for the current year.

Horace Mann Educators Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a $0.36 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.44 annualized dividend and a yield of 2.7%. Horace Mann Educators’s dividend payout ratio is 36.18%.

Analyst Ratings Changes

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

Horace Mann Educators 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.