20,250 Shares of Unum Group $UNM Bought by Neumann Capital Management LLC

Neumann Capital Management LLC purchased a new stake in shares of Unum Group (NYSE:UNM) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 20,250 shares of the financial services provider’s stock, valued at approximately $1,777,000.

A number of other hedge funds have also added to or reduced their stakes in UNM. SHP Wealth Management purchased a new stake in shares of Unum Group in the fourth quarter worth approximately $25,000. MBM Wealth Consultants LLC bought a new position in shares of Unum Group in the first quarter valued at approximately $29,000. CX Institutional lifted its holdings in shares of Unum Group by 57.8% in the third quarter. CX Institutional now owns 352 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 129 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new position in shares of Unum Group during the fourth quarter valued at approximately $39,000. Finally, Ancora Advisors LLC purchased a new position in shares of Unum Group during the second quarter valued at approximately $39,000. Institutional investors and hedge funds own 86.57% of the company’s stock.

Unum Group Stock Performance

NYSE UNM opened at $92.40 on Friday. Unum Group has a 52-week low of $69.02 and a 52-week high of $96.77. The company has a 50-day simple moving average of $92.07 and a 200 day simple moving average of $87.08. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 0.34. The company has a market capitalization of $14.63 billion, a PE ratio of 11.01, a price-to-earnings-growth ratio of 0.89 and a beta of 0.25.

Unum Group (NYSE:UNM) last announced its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $2.16 EPS for the quarter, hitting the consensus estimate of $2.16. The business had revenue of $3.39 billion for the quarter, compared to analyst estimates of $2.90 billion. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The company’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.92 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. On average, research analysts predict that Unum Group will post 8.64 EPS for the current year.

Unum Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, October 30th will be issued a $0.5050 dividend. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, October 30th. Unum Group’s payout ratio is 47.09%.

Unum Group declared that its board has authorized a stock repurchase program on Wednesday, August 26th that permits the company to repurchase $1.00 billion in outstanding shares. This buyback authorization permits the financial services provider to repurchase up to 7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research firms recently commented on UNM. Morgan Stanley increased their price target on Unum Group from $87.00 to $92.00 and gave the company an “equal weight” rating in a research report on Monday, August 24th. Keefe, Bruyette & Woods dropped their price objective on Unum Group from $110.00 to $108.00 and set an “outperform” rating on the stock in a research note on Thursday, July 30th. Evercore reaffirmed an “outperform” rating and set a $106.00 price objective on shares of Unum Group in a report on Tuesday, July 7th. JPMorgan Chase & Co. cut their price objective on shares of Unum Group from $101.00 to $98.00 and set a “neutral” rating on the stock in a report on Monday, August 3rd. Finally, UBS Group set a $94.00 target price on shares of Unum Group in a research note on Tuesday, July 7th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $99.42.

Insider Buying and Selling

In other Unum Group news, EVP Lisa G. Iglesias sold 4,000 shares of the firm’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $94.44, for a total value of $377,760.00. Following the completion of the sale, the executive vice president directly owned 25,453 shares of the company’s stock, valued at $2,403,781.32. This trade represents a 13.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Walter Lynn Rice, Jr. sold 2,188 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $94.31, for a total value of $206,350.28. Following the completion of the sale, the chief accounting officer directly owned 8,154 shares of the company’s stock, valued at $769,003.74. This represents a 21.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 10,488 shares of company stock valued at $988,396. 1.00% of the stock is owned by company insiders.

About Unum Group

Unum Group is an insurance company that provides employee benefits and related financial protection products to individuals, employers and their workforces. Its offerings include disability insurance, group and individual life insurance, accidental death and dismemberment coverage, long-term care insurance, and supplemental health benefits.

The company serves employers through workplace benefits programs, including absence-management and leave-administration services. Through its Colonial Life business, Unum also offers voluntary benefits such as accident, critical illness, hospital indemnity and dental insurance, which employees may obtain through the workplace.

Unum Group traces its history to 1848, when Union Mutual Life Insurance Company was established in Maine.