Horace Mann Educators Corporation $HMN Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC raised its stake in Horace Mann Educators Corporation (NYSE:HMN) by 57.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,791 shares of the insurance provider’s stock after acquiring an additional 13,840 shares during the period. Intech Investment Management LLC owned 0.09% of Horace Mann Educators worth $1,745,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Aster Capital Management DIFC Ltd acquired a new position in Horace Mann Educators in the third quarter valued at approximately $29,000. Smartleaf Asset Management LLC boosted its position in shares of Horace Mann Educators by 49.7% during the third quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock worth $31,000 after buying an additional 232 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Horace Mann Educators by 222.3% during the second quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock worth $39,000 after buying an additional 627 shares during the period. Osaic Holdings Inc. boosted its position in shares of Horace Mann Educators by 181.5% during the second quarter. Osaic Holdings Inc. now owns 1,326 shares of the insurance provider’s stock worth $57,000 after buying an additional 855 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Horace Mann Educators during the third quarter worth approximately $117,000. 99.28% of the stock is currently owned by institutional investors and hedge funds.

Horace Mann Educators Stock Performance

Shares of NYSE HMN opened at $45.56 on Friday. The stock has a fifty day moving average price of $45.03 and a two-hundred day moving average price of $44.49. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.08 and a current ratio of 0.08. The firm has a market cap of $1.84 billion, a P/E ratio of 11.45 and a beta of 0.11. Horace Mann Educators Corporation has a 1 year low of $40.04 and a 1 year high of $48.33.

Horace Mann Educators (NYSE:HMN) last issued its quarterly earnings results on Friday, May 8th. The insurance provider reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.18. The firm had revenue of $429.30 million during the quarter, compared to analyst estimates of $319.10 million. Horace Mann Educators had a return on equity of 14.15% and a net margin of 9.63%.The firm’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period last year, the company posted $1.07 EPS. Research analysts forecast that Horace Mann Educators Corporation will post 4.49 EPS for the current fiscal year.

Horace Mann Educators Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Monday, June 15th. Horace Mann Educators’s dividend payout ratio (DPR) is presently 36.18%.

Analysts Set New Price Targets

HMN has been the subject of several analyst reports. Wall Street Zen downgraded Horace Mann Educators from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Weiss Ratings upgraded Horace Mann Educators from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Horace Mann Educators has a consensus rating of “Moderate Buy” and a consensus target price of $46.50.

Insiders Place Their Bets

In other Horace Mann Educators news, CEO Marita Zuraitis sold 7,500 shares of the stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $46.16, for a total transaction of $346,200.00. Following the completion of the transaction, the chief executive officer directly owned 322,812 shares of the company’s stock, valued at approximately $14,901,001.92. This trade represents a 2.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Beverley J. Mcclure sold 1,081 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $42.54, for a total value of $45,985.74. Following the transaction, the director directly owned 14,797 shares of the company’s stock, valued at approximately $629,464.38. The trade was a 6.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 23,581 shares of company stock valued at $1,085,204. 3.60% of the stock is currently owned by corporate insiders.

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.