Brokerages Set Unum Group (NYSE:UNM) Target Price at $98.17

Shares of Unum Group (NYSE:UNM) have been assigned an average rating of “Moderate Buy” from the fourteen ratings firms that are presently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $99.00.

UNM has been the topic of several research analyst reports. Evercore restated an “outperform” rating and set a $106.00 target price on shares of Unum Group in a research note on Tuesday, July 7th. Barclays increased their price target on Unum Group from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Wall Street Zen upgraded Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Wolfe Research cut their price objective on shares of Unum Group from $102.00 to $100.00 and set an “outperform” rating on the stock in a report on Monday, July 6th. Finally, Weiss Ratings raised shares of Unum Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th.

Institutional Trading of Unum Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS Group AG lifted its holdings in Unum Group by 5.4% during the fourth quarter. UBS Group AG now owns 1,356,916 shares of the financial services provider’s stock valued at $105,161,000 after purchasing an additional 68,957 shares in the last quarter. Qsemble Capital Management LP increased its stake in shares of Unum Group by 245.9% during the fourth quarter. Qsemble Capital Management LP now owns 106,742 shares of the financial services provider’s stock worth $8,273,000 after purchasing an additional 75,885 shares in the last quarter. GSA Capital Partners LLP acquired a new position in shares of Unum Group during the 4th quarter worth about $2,567,000. TABR Capital Management LLC acquired a new position in shares of Unum Group during the 4th quarter worth about $5,768,000. Finally, Swedbank AB lifted its stake in Unum Group by 148.3% in the 4th quarter. Swedbank AB now owns 467,505 shares of the financial services provider’s stock valued at $36,232,000 after buying an additional 279,233 shares in the last quarter. 86.57% of the stock is owned by institutional investors and hedge funds.

Unum Group Price Performance

NYSE UNM opened at $91.23 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 0.34. The firm’s 50 day moving average price is $88.39 and its 200-day moving average price is $80.47. Unum Group has a 52-week low of $68.28 and a 52-week high of $93.21. The company has a market cap of $14.44 billion, a PE ratio of 21.27, a P/E/G ratio of 0.95 and a beta of 0.26.

Unum Group (NYSE:UNM) last released its quarterly earnings results on Tuesday, July 28th. The financial services provider reported $2.16 EPS for the quarter, hitting the consensus estimate of $2.16. Unum Group had a return on equity of 12.60% and a net margin of 5.26%.The firm had revenue of $3.39 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same period in the previous year, the company posted $1.92 EPS. The business’s revenue for the quarter was up .3% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Sell-side analysts forecast that Unum Group will post 8.68 EPS for the current fiscal year.

Unum Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 24th will be paid a dividend of $0.505 per share. This represents a $2.02 annualized dividend and a yield of 2.2%. The ex-dividend date is 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 presently 47.09%.

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.