Principal Financial Group Inc. Has $24.87 Million Holdings in Unum Group $UNM

Principal Financial Group Inc. increased its position in shares of Unum Group (NYSE:UNM) by 2.7% during the first quarter, HoldingsChannel.com reports. The firm owned 340,538 shares of the financial services provider’s stock after buying an additional 9,089 shares during the period. Principal Financial Group Inc.’s holdings in Unum Group were worth $24,869,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UNM. UBS Group AG raised its position in Unum Group by 5.4% in the 4th 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 during the last quarter. Qsemble Capital Management LP grew its holdings in shares of Unum Group by 245.9% during the fourth quarter. Qsemble Capital Management LP now owns 106,742 shares of the financial services provider’s stock worth $8,273,000 after purchasing an additional 75,885 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of Unum Group by 1,167.7% in the fourth quarter. SG Americas Securities LLC now owns 153,696 shares of the financial services provider’s stock valued at $11,911,000 after buying an additional 141,572 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Unum Group in the fourth quarter valued at $2,567,000. Finally, TABR Capital Management LLC bought a new position in shares of Unum Group in the fourth quarter valued at about $5,768,000. 86.57% of the stock is owned by institutional investors.

Unum Group Stock Performance

UNM stock opened at $88.81 on Tuesday. The business’s 50-day moving average price is $87.39 and its two-hundred day moving average price is $79.81. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. The firm has a market cap of $14.19 billion, a PE ratio of 19.31, a P/E/G ratio of 0.89 and a beta of 0.25. Unum Group has a 1-year low of $68.28 and a 1-year high of $93.21.

Unum Group (NYSE:UNM) last announced its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.07. The company had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $2.91 billion. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the prior year, the company earned $2.04 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. As a group, research analysts forecast that Unum Group will post 8.75 earnings per share for the current year.

Unum Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 24th will be paid a dividend of $0.505 per share. This represents a $2.02 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, July 24th. This is a positive change from Unum Group’s previous quarterly dividend of $0.46. Unum Group’s dividend payout ratio (DPR) is currently 43.91%.

Insider Transactions at Unum Group

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at approximately $3,412,922.18. This trade represents a 21.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on UNM shares. Barclays upped their price target on shares of Unum Group from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Atlantic Securities set a $88.00 target price on shares of Unum Group in a research note on Wednesday, July 15th. 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. Wall Street Zen raised shares of Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Finally, Wells Fargo & Company raised their price target on shares of Unum Group from $100.00 to $101.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $97.25.

Unum Group 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.