Intech Investment Management LLC Has $6.87 Million Stake in Unum Group $UNM

Intech Investment Management LLC trimmed its position in Unum Group (NYSE:UNM) by 25.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 88,678 shares of the financial services provider’s stock after selling 30,573 shares during the period. Intech Investment Management LLC’s holdings in Unum Group were worth $6,873,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. OneDigital Investment Advisors LLC raised its stake in shares of Unum Group by 4.2% in the third quarter. OneDigital Investment Advisors LLC now owns 3,484 shares of the financial services provider’s stock valued at $271,000 after purchasing an additional 141 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of Unum Group by 0.4% in the fourth quarter. Larson Financial Group LLC now owns 37,864 shares of the financial services provider’s stock valued at $2,934,000 after purchasing an additional 159 shares in the last quarter. Arizona State Retirement System raised its stake in shares of Unum Group by 0.3% in the third quarter. Arizona State Retirement System now owns 49,017 shares of the financial services provider’s stock valued at $3,813,000 after purchasing an additional 160 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC raised its stake in shares of Unum Group by 1.2% in the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 13,709 shares of the financial services provider’s stock valued at $1,066,000 after purchasing an additional 165 shares in the last quarter. Finally, Valeo Financial Advisors LLC raised its stake in shares of Unum Group by 4.8% in the fourth quarter. Valeo Financial Advisors LLC now owns 3,714 shares of the financial services provider’s stock valued at $288,000 after purchasing an additional 169 shares in the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have issued reports on UNM. Keefe, Bruyette & Woods reiterated a “moderate buy” rating and set a $95.00 price objective on shares of Unum Group in a research note on Thursday, March 26th. Wall Street Zen upgraded Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Weiss Ratings upgraded Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Truist Financial increased their target price on Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Barclays reiterated an “overweight” rating on shares of Unum Group in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given 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 price target of $93.83.

Unum Group Price Performance

Shares of UNM opened at $83.24 on Friday. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. Unum Group has a 1 year low of $68.28 and a 1 year high of $85.27. The stock has a market cap of $13.30 billion, a P/E ratio of 18.10, a price-to-earnings-growth ratio of 0.84 and a beta of 0.24. The stock’s 50-day moving average price is $78.56 and its two-hundred day moving average price is $76.63.

Unum Group (NYSE:UNM) last issued its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.07 by $0.07. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The firm had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $2.91 billion. During the same quarter last year, the business earned $2.04 earnings per share. The company’s revenue was up 8.5% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. On average, equities analysts predict that Unum Group will post 8.76 earnings per share for the current year.

Unum Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were issued a dividend of $0.46 per share. The ex-dividend date was Friday, April 24th. This represents a $1.84 dividend on an annualized basis and a yield of 2.2%. Unum Group’s dividend payout ratio (DPR) is 40.00%.

Insiders Place Their Bets

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $80.14, for a total transaction of $961,680.00. Following the transaction, the executive vice president owned 42,587 shares in the company, valued at approximately $3,412,922.18. This trade represents a 21.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Christopher W. Pyne sold 4,852 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $72.47, for a total value of $351,624.44. Following the transaction, the executive vice president owned 52,268 shares in the company, valued at approximately $3,787,861.96. This trade represents a 8.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 20,352 shares of company stock worth $1,568,804. Insiders own 1.00% of the company’s stock.

Unum Group 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.