Unum Group $UNM Stake Increased by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt boosted its stake in Unum Group (NYSE:UNM) by 10.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,700 shares of the financial services provider’s stock after acquiring an additional 8,500 shares during the period. Livforsakringsbolaget Skandia Omsesidigt owned 0.06% of Unum Group worth $6,770,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in shares of Unum Group in the 4th quarter valued at about $247,000. EverSource Wealth Advisors LLC grew its stake in Unum Group by 157.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,851 shares of the financial services provider’s stock worth $149,000 after purchasing an additional 1,132 shares in the last quarter. Baird Financial Group Inc. grew its stake in Unum Group by 26.6% in the second quarter. Baird Financial Group Inc. now owns 7,939 shares of the financial services provider’s stock worth $641,000 after purchasing an additional 1,666 shares in the last quarter. Brown Advisory Inc. increased its holdings in Unum Group by 13.2% in the second quarter. Brown Advisory Inc. now owns 6,445 shares of the financial services provider’s stock valued at $520,000 after buying an additional 753 shares during the last quarter. Finally, Cresset Asset Management LLC increased its holdings in Unum Group by 6.1% in the second quarter. Cresset Asset Management LLC now owns 6,715 shares of the financial services provider’s stock valued at $542,000 after buying an additional 386 shares during the last quarter. 86.57% of the stock is currently owned by institutional investors.

Unum Group Price Performance

UNM opened at $88.55 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.35. The company’s 50-day moving average price is $86.73 and its 200 day moving average price is $79.52. Unum Group has a fifty-two week low of $68.28 and a fifty-two week high of $93.21. The firm has a market cap of $14.15 billion, a price-to-earnings ratio of 19.25, a price-to-earnings-growth ratio of 0.91 and a beta of 0.25.

Unum Group (NYSE:UNM) last issued its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, beating analysts’ consensus estimates 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%.Unum Group’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.04 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. As a group, sell-side analysts expect that Unum Group will post 8.76 earnings per share for the current year.

Unum Group Increases Dividend

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

Analysts Set New Price Targets

UNM has been the topic of a number of research analyst reports. Wells Fargo & Company increased their target price on Unum Group from $100.00 to $101.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. UBS Group set a $94.00 price target on Unum Group in a report on Tuesday, July 7th. Wall Street Zen raised Unum Group from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. Keefe, Bruyette & Woods restated a “moderate buy” rating and set a $95.00 price objective on shares of Unum Group in a research note on Thursday, March 26th. Finally, Zacks Research raised shares of Unum Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $98.09.

Insider Transactions at Unum Group

In related news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $80.14, for a total transaction of $961,680.00. Following the completion of the transaction, the executive vice president owned 42,587 shares in the company, valued at $3,412,922.18. The trade was a 21.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Unum Group Company 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.