Key Points
- Unum Group EVP Lisa Iglesias sold 4,000 shares at an average price of $94.44, generating $377,760 and reducing her direct holdings by 13.58% to 25,453 shares.
- Unum reported quarterly EPS of $2.16, in line with analyst estimates, while revenue reached $3.39 billion, above expectations. The company projects fiscal 2026 EPS of $8.60–$8.90.
- The board authorized a $1 billion share-repurchase program covering up to 7% of outstanding shares, while the quarterly dividend increased to $0.505 per share, or $2.02 annually.
Unum Group (NYSE:UNM - Get Free Report) CAO Walter Lynn Rice, Jr. sold 2,188 shares of Unum Group stock in a transaction dated 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 transaction, the chief accounting officer directly owned 8,154 shares of the company's stock, valued at approximately $769,003.74. This trade represents a 21.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Unum Group Stock Down 0.1%
Shares of NYSE:UNM opened at $94.20 on Friday. Unum Group has a 1 year low of $69.02 and a 1 year high of $96.77. 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 business's 50-day moving average is $90.13 and its 200-day moving average is $83.76. The company has a market capitalization of $14.91 billion, a price-to-earnings ratio of 21.96, a P/E/G ratio of 1.00 and a beta of 0.27.
Unum Group (NYSE:UNM - Get Free Report) last released its earnings results 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 during the quarter, compared to analysts' expectations of $2.90 billion. Unum Group had a return on equity of 12.60% and a net margin of 5.26%.The firm's revenue was up .3% on a year-over-year basis. During the same quarter last year, the firm posted $1.92 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Equities research analysts predict that Unum Group will post 8.64 earnings per share for the current year.
Unum Group Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 24th were issued a dividend of $0.505 per share. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was 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 47.09%.
Unum Group announced that its Board of Directors has approved a stock repurchase program on Wednesday, August 26th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to buy up to 7% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its stock is undervalued.
Analyst Ratings Changes
A number of research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Unum Group from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, July 28th. Jefferies Financial Group raised their price target on shares of Unum Group from $117.00 to $123.00 and gave the stock a "buy" rating in a report on Friday, July 10th. Wolfe Research decreased their price target on shares of Unum Group from $102.00 to $100.00 and set an "outperform" rating for the company in a research note on Monday, July 6th. 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. Finally, Barclays increased their price objective 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. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Unum Group currently has a consensus rating of "Moderate Buy" and an average price target of $99.42.
Check Out Our Latest Stock Report on UNM
Hedge Funds Weigh In On Unum Group
A number of large investors have recently modified their holdings of UNM. California State Teachers Retirement System raised its holdings in shares of Unum Group by 7,918.5% in the 2nd quarter. California State Teachers Retirement System now owns 15,097,514 shares of the financial services provider's stock worth $1,349,718,000 after acquiring an additional 14,909,231 shares during the last quarter. Norges Bank acquired a new position in Unum Group during the 4th quarter valued at about $1,108,919,000. Canada Pension Plan Investment Board acquired a new position in Unum Group during the 2nd quarter valued at about $84,097,000. Zurich Insurance Group Ltd FI bought a new stake in Unum Group during the 4th quarter worth approximately $58,860,000. Finally, Alyeska Investment Group L.P. increased its holdings in Unum Group by 365.3% during the 4th quarter. Alyeska Investment Group L.P. now owns 930,534 shares of the financial services provider's stock worth $72,116,000 after purchasing an additional 730,534 shares in the last quarter. 86.57% of the stock is currently owned by institutional investors.
Unum Group Company Profile
(
Get Free Report)
Unum Group is an insurance company that provides financial protection and employee benefits through workplace and individual products. Its offerings include disability insurance, life insurance, accident insurance, critical illness coverage, and related benefits designed to help individuals and families manage income loss and other financial risks.
The company serves employers, employees, and individual customers primarily in the United States, the United Kingdom, and Ireland. Its products are distributed through employers, insurance brokers, benefits advisers, and other intermediaries.
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