Unum Group $UNM Shares Sold by Inceptionr LLC

Inceptionr LLC decreased its stake in shares of Unum Group (NYSE:UNM) by 51.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,495 shares of the financial services provider’s stock after selling 5,876 shares during the quarter. Inceptionr LLC’s holdings in Unum Group were worth $401,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank purchased a new stake in shares of Unum Group during the fourth quarter worth approximately $1,108,919,000. Charles Schwab Investment Management Inc. lifted its stake in Unum Group by 0.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,653,246 shares of the financial services provider’s stock worth $438,127,000 after acquiring an additional 26,753 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Unum Group by 7.7% in the first quarter. Dimensional Fund Advisors LP now owns 4,084,382 shares of the financial services provider’s stock worth $298,287,000 after acquiring an additional 292,670 shares during the last quarter. AQR Capital Management LLC grew its holdings in Unum Group by 35.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,339,289 shares of the financial services provider’s stock worth $181,622,000 after acquiring an additional 607,684 shares in the last quarter. Finally, UBS Group AG grew its holdings in Unum Group by 5.4% during the 4th quarter. UBS Group AG now owns 1,356,916 shares of the financial services provider’s stock worth $105,161,000 after acquiring an additional 68,957 shares in the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Jefferies Financial Group raised their price objective on shares of Unum Group from $117.00 to $123.00 and gave the company a “buy” rating in a report on Friday, July 10th. UBS Group set a $94.00 target price on shares of Unum Group in a research note on Tuesday, July 7th. Atlantic Securities set a $88.00 target price on Unum Group in a report on Wednesday, July 15th. JPMorgan Chase & Co. raised their price target on Unum Group from $90.00 to $101.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Finally, Wolfe Research decreased their price target on Unum Group from $102.00 to $100.00 and set an “outperform” rating for the company in a report on Monday, July 6th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $98.17.

Unum Group Stock Down 0.0%

UNM stock opened at $86.22 on Monday. 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 twelve month low of $68.28 and a twelve month high of $93.21. The company’s 50 day moving average is $87.88 and its two-hundred day moving average is $80.08. The stock has a market cap of $13.78 billion, a P/E ratio of 18.74, a PEG ratio of 0.86 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.07. The business had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $2.91 billion. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Research analysts expect that Unum Group will post 8.75 earnings per share for the current fiscal year.

Unum Group Increases Dividend

The business 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 $0.505 dividend. This is a boost from Unum Group’s previous quarterly dividend of $0.46. This represents a $2.02 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, July 24th. Unum Group’s payout ratio is currently 43.91%.

Insider Transactions at Unum Group

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 of the company’s stock, 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 document filed with the SEC, which can be accessed 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.