19,588 Shares in Unum Group $UNM Purchased by Vise Technologies Inc.

Vise Technologies Inc. purchased a new position in shares of Unum Group (NYSE:UNM) during the second quarter, HoldingsChannel reports. The firm purchased 19,588 shares of the financial services provider’s stock, valued at approximately $1,751,000.

A number of other hedge funds also recently made changes to their positions in UNM. Norges Bank bought a new position in shares of Unum Group during the 4th quarter worth approximately $1,108,919,000. Zurich Insurance Group Ltd FI bought a new stake in Unum Group in the 4th quarter valued at $58,860,000. Alyeska Investment Group L.P. raised its stake in Unum Group by 365.3% in the 4th quarter. Alyeska Investment Group L.P. now owns 930,534 shares of the financial services provider’s stock valued at $72,116,000 after acquiring an additional 730,534 shares during the period. AQR Capital Management LLC lifted its holdings in Unum Group by 35.1% during the 3rd 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 during the last quarter. Finally, Two Sigma Investments LP lifted its holdings in Unum Group by 127.3% during the 3rd quarter. Two Sigma Investments LP now owns 864,485 shares of the financial services provider’s stock valued at $67,240,000 after purchasing an additional 484,107 shares during the last quarter. 86.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on UNM. Wells Fargo & Company upped their price objective 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. UBS Group set a $94.00 target price on shares of Unum Group in a research note on Tuesday, July 7th. Evercore reaffirmed an “outperform” rating and set a $106.00 target price on shares of Unum Group in a report on Tuesday, July 7th. Wolfe Research decreased their price target on shares of Unum Group from $102.00 to $100.00 and set an “outperform” rating on the stock in a research note on Monday, July 6th. Finally, Atlantic Securities set a $88.00 price target on shares of Unum Group in a report on Wednesday, July 15th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $99.00.

Unum Group Stock Up 0.9%

UNM stock opened at $87.75 on Friday. Unum Group has a fifty-two week low of $68.70 and a fifty-two week high of $94.55. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.34 and a quick ratio of 0.34. The stock has a market capitalization of $13.89 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 0.92 and a beta of 0.26. The business’s fifty day moving average price is $89.38 and its two-hundred day moving average price is $81.70.

Unum Group (NYSE:UNM) last announced its earnings results on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.16. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The company had revenue of $3.39 billion during the quarter, compared to analysts’ expectations of $2.90 billion. During the same quarter in the previous year, the business posted $1.92 earnings per share. Unum Group’s quarterly revenue was up .3% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. On average, equities analysts anticipate that Unum Group will post 8.65 earnings per share for the current year.

Unum Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 24th were issued a $0.505 dividend. The ex-dividend date of this dividend was Friday, July 24th. This represents a $2.02 dividend on an annualized basis and a yield of 2.3%. This is an increase from Unum Group’s previous quarterly dividend of $0.46. Unum Group’s payout ratio is presently 47.09%.

About Unum Group

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.