Unum Group (NYSE:UNM) Director Sells $326,610.00 in Stock

Unum Group (NYSE:UNM) Director Timothy Keaney sold 4,500 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $72.58, for a total transaction of $326,610.00. Following the completion of the sale, the director directly owned 38,592 shares of the company’s stock, valued at approximately $2,801,007.36. This trade represents a 10.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Unum Group Stock Up 0.3%

NYSE UNM traded up $0.19 during trading on Friday, reaching $73.66. 1,535,517 shares of the company’s stock traded hands, compared to its average volume of 1,482,886. The company’s 50 day simple moving average is $76.64 and its two-hundred day simple moving average is $75.16. Unum Group has a 12-month low of $66.81 and a 12-month high of $84.48. The firm has a market cap of $12.06 billion, a price-to-earnings ratio of 17.33, a price-to-earnings-growth ratio of 1.64 and a beta of 0.20. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.37 and a quick ratio of 0.36.

Unum Group (NYSE:UNM) last issued its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.11 by ($0.19). The business had revenue of $3.25 billion for the quarter, compared to analysts’ expectations of $3.29 billion. Unum Group had a net margin of 5.65% and a return on equity of 12.62%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.03 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. As a group, sell-side analysts forecast that Unum Group will post 9.14 EPS for the current fiscal year.

Unum Group announced that its Board of Directors has authorized a share repurchase plan on Thursday, December 4th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to buy up to 8.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Unum Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, January 30th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Friday, January 30th. Unum Group’s dividend payout ratio is 43.29%.

Analysts Set New Price Targets

UNM has been the subject of several analyst reports. Jefferies Financial Group reissued a “buy” rating and set a $115.00 price target on shares of Unum Group in a research report on Monday, January 5th. Citigroup reiterated a “market perform” rating on shares of Unum Group in a research note on Thursday, December 18th. Evercore set a $103.00 target price on shares of Unum Group in a research note on Friday, February 6th. Morgan Stanley set a $85.00 price target on shares of Unum Group in a report on Monday, December 15th. Finally, Barclays reiterated an “overweight” rating on shares of Unum Group in a report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Unum Group presently has an average rating of “Moderate Buy” and an average price target of $96.75.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in UNM. Laurel Wealth Advisors LLC purchased a new stake in shares of Unum Group during the fourth quarter valued at $25,000. Legacy Investment Solutions LLC purchased a new position in Unum Group in the 2nd quarter worth $30,000. Triumph Capital Management acquired a new stake in Unum Group during the 3rd quarter worth about $31,000. Ancora Advisors LLC grew its stake in Unum Group by 385.2% during the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 339 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC grew its stake in Unum Group by 44.0% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 537 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 164 shares during the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

About Unum Group

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.