Horace Mann Educators Corporation $HMN Shares Sold by GW&K Investment Management LLC

GW&K Investment Management LLC trimmed its holdings in Horace Mann Educators Corporation (NYSE:HMN) by 21.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 641,893 shares of the insurance provider’s stock after selling 171,035 shares during the quarter. GW&K Investment Management LLC’s holdings in Horace Mann Educators were worth $29,643,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of HMN. Royal Bank of Canada raised its position in shares of Horace Mann Educators by 36.2% in the first quarter. Royal Bank of Canada now owns 8,251 shares of the insurance provider’s stock valued at $352,000 after buying an additional 2,194 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Horace Mann Educators by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,449 shares of the insurance provider’s stock valued at $1,045,000 after buying an additional 1,064 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of Horace Mann Educators in the first quarter valued at about $313,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Horace Mann Educators by 5.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 138,788 shares of the insurance provider’s stock valued at $5,930,000 after buying an additional 7,542 shares during the last quarter. Finally, Jane Street Group LLC raised its position in shares of Horace Mann Educators by 313.8% in the first quarter. Jane Street Group LLC now owns 91,640 shares of the insurance provider’s stock valued at $3,916,000 after buying an additional 69,492 shares during the last quarter. 99.28% of the stock is currently owned by institutional investors and hedge funds.

Horace Mann Educators Trading Up 2.0%

Shares of HMN opened at $48.63 on Thursday. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.40. Horace Mann Educators Corporation has a 12-month low of $40.04 and a 12-month high of $49.21. The firm has a 50-day moving average price of $45.42 and a 200 day moving average price of $44.53. The firm has a market capitalization of $1.96 billion, a P/E ratio of 12.22 and a beta of 0.11.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings data on Friday, May 8th. The insurance provider reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.18. Horace Mann Educators had a net margin of 9.63% and a return on equity of 14.15%. The firm had revenue of $429.30 million during the quarter, compared to analyst estimates of $319.10 million. During the same quarter in the prior year, the firm posted $1.07 earnings per share. Horace Mann Educators’s quarterly revenue was up 3.1% on a year-over-year basis. Sell-side analysts forecast that Horace Mann Educators Corporation will post 4.49 EPS for the current year.

Horace Mann Educators Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.36 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.0%. Horace Mann Educators’s dividend payout ratio is currently 36.18%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Horace Mann Educators from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, June 1st. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Horace Mann Educators has a consensus rating of “Moderate Buy” and an average price target of $46.50.

Insider Transactions at Horace Mann Educators

In related news, CEO Marita Zuraitis sold 7,500 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $46.25, for a total value of $346,875.00. Following the completion of the sale, the chief executive officer owned 307,812 shares of the company’s stock, valued at approximately $14,236,305. This represents a 2.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Beverley J. Mcclure sold 1,081 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $42.54, for a total transaction of $45,985.74. Following the completion of the sale, the director directly owned 14,797 shares of the company’s stock, valued at $629,464.38. This represents a 6.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 23,581 shares of company stock valued at $1,085,204 in the last three months. 3.60% of the stock is currently owned by insiders.

About Horace Mann Educators

Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.

In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.