State of Wyoming raised its holdings in shares of CNO Financial Group, Inc. (NYSE:CNO – Free Report) by 701.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,525 shares of the financial services provider’s stock after purchasing an additional 10,962 shares during the quarter. State of Wyoming’s holdings in CNO Financial Group were worth $663,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Fortitude Family Office LLC raised its position in shares of CNO Financial Group by 156.9% during the 3rd quarter. Fortitude Family Office LLC now owns 483 shares of the financial services provider’s stock valued at $26,000 after buying an additional 295 shares in the last quarter. IFP Advisors Inc grew its position in CNO Financial Group by 38.4% in the second quarter. IFP Advisors Inc now owns 713 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 198 shares in the last quarter. Nykredit A S purchased a new position in CNO Financial Group in the second quarter worth about $39,000. Bessemer Group Inc. grew its position in CNO Financial Group by 75.4% in the first quarter. Bessemer Group Inc. now owns 1,133 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 487 shares in the last quarter. Finally, Versant Capital Management Inc increased its stake in CNO Financial Group by 72.0% during the second quarter. Versant Capital Management Inc now owns 1,132 shares of the financial services provider’s stock worth $58,000 after acquiring an additional 474 shares during the last quarter. 95.43% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting CNO Financial Group
Here are the key news stories impacting CNO Financial Group this week:
- Positive Sentiment: Major earnings beat: Third-quarter net operating income rose to $179.1 million, or $1.90 per diluted share, versus the roughly $1.09–$1.10 analyst consensus. Net income reached $161.1 million, or $1.71 per share, compared with $23.1 million, or $0.24 per share, a year earlier. CNO Financial Surpasses Q3 Earnings and Revenue Estimates
- Positive Sentiment: Guidance increased: CNO raised its 2026 operating EPS guidance, with the midpoint 9% above its prior forecast. The company also repurchased $60 million of stock during the quarter, buying 1.1 million shares at an average of $54.52. CNO Financial Group Reports Third Quarter 2026 Results
- Positive Sentiment: Capital and risk-management actions: CNO completed a reinsurance transaction covering approximately $270 million of Colonial Penn in-force graded-benefit life statutory reserves. The move, part of its captive/reinsurance strategy, may improve capital efficiency and reduce exposure to legacy liabilities. CNO Moves Colonial Penn Reserves to Bermuda
- Neutral Sentiment: Reported revenue of approximately $1.09 billion exceeded estimates near $1.01 billion, but the top line declined from $1.189 billion in the prior-year quarter. The favorable earnings impact also included $44.9 million from significant items, making some of the improvement less recurring. CNO Financial Group Q3 Net Operating Income Rises
- Negative Sentiment: Insider-trading data showed 18 sales and no purchases over the past six months. In addition, previously published analyst targets around $48–$50 are below the current trading range, suggesting valuation and expectations could limit further upside.
CNO Financial Group Trading Down 0.3%
Shares of CNO Financial Group stock opened at $57.48 on Monday. The company has a market cap of $5.32 billion, a P/E ratio of 13.12 and a beta of 0.80. CNO Financial Group, Inc. has a fifty-two week low of $38.99 and a fifty-two week high of $57.70. The firm has a 50-day simple moving average of $54.52 and a two-hundred day simple moving average of $48.47. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.17 and a current ratio of 0.17.
CNO Financial Group (NYSE:CNO – Get Free Report) last released its earnings results on Thursday, October 29th. The financial services provider reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.80. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.01 billion. CNO Financial Group had a return on equity of 22.64% and a net margin of 9.19%. During the same quarter last year, the business posted $1.29 earnings per share. As a group, equities analysts predict that CNO Financial Group, Inc. will post 4.74 earnings per share for the current fiscal year.
CNO Financial Group Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were given a $0.18 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $0.72 dividend on an annualized basis and a yield of 1.3%. CNO Financial Group’s payout ratio is presently 16.44%.
Insider Activity
In related news, insider Jeremy Williams sold 4,362 shares of the stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $55.72, for a total transaction of $243,050.64. Following the transaction, the insider owned 61,041 shares of the company’s stock, valued at approximately $3,401,204.52. This represents a 6.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeanne Linnenbringer sold 3,919 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $55.11, for a total value of $215,976.09. Following the transaction, the insider owned 26,209 shares of the company’s stock, valued at $1,444,377.99. This trade represents a 13.01% 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 sold 47,995 shares of company stock valued at $2,641,336. 3.44% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
CNO has been the topic of a number of recent research reports. Weiss Ratings downgraded CNO Financial Group from a “buy (a)” rating to a “buy (a-)” rating in a research report on Friday, October 23rd. Zacks Research raised CNO Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 20th. Wall Street Zen upgraded CNO Financial Group from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Jefferies Financial Group downgraded CNO Financial Group from a “buy” rating to a “hold” rating and raised their price target for the stock from $53.00 to $55.00 in a research report on Friday, July 10th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of CNO Financial Group from $53.00 to $57.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, CNO Financial Group presently has a consensus rating of “Moderate Buy” and an average target price of $56.00.
Get Our Latest Analysis on CNO
CNO Financial Group Profile
CNO Financial Group, Inc is a holding company for a group of insurance and financial services businesses focused on serving middle-income Americans, particularly individuals approaching or in retirement. Through its operating companies, CNO provides products designed to help customers protect income, manage health care expenses and prepare for retirement.
CNO’s principal brands include Bankers Life, Colonial Penn and Washington National. Its offerings include life insurance, annuities, supplemental health insurance, Medicare supplement insurance and other insurance products.
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