Earnest Partners LLC Cuts Position in Horace Mann Educators Corporation $HMN

Earnest Partners LLC trimmed its position in shares of Horace Mann Educators Corporation (NYSE:HMN) by 5.1% during the third quarter, Holdings Channel reports. The firm owned 1,233,268 shares of the insurance provider’s stock after selling 66,523 shares during the quarter. Earnest Partners LLC’s holdings in Horace Mann Educators were worth $55,707,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of HMN. Vanguard Group Inc. grew its stake in shares of Horace Mann Educators by 1.6% in the third quarter. Vanguard Group Inc. now owns 5,007,719 shares of the insurance provider’s stock valued at $226,199,000 after buying an additional 78,079 shares in the last quarter. American Century Companies Inc. lifted its stake in Horace Mann Educators by 13.3% during the 3rd quarter. American Century Companies Inc. now owns 829,376 shares of the insurance provider’s stock worth $37,463,000 after acquiring an additional 97,366 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Horace Mann Educators by 1.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 744,369 shares of the insurance provider’s stock worth $33,623,000 after acquiring an additional 11,411 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Horace Mann Educators by 51.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 663,520 shares of the insurance provider’s stock valued at $29,971,000 after acquiring an additional 225,800 shares during the period. Finally, Invesco Ltd. boosted its holdings in Horace Mann Educators by 32.0% during the 3rd quarter. Invesco Ltd. now owns 645,659 shares of the insurance provider’s stock valued at $29,164,000 after acquiring an additional 156,652 shares during the period. 99.28% of the stock is currently owned by hedge funds and other institutional investors.

Horace Mann Educators Stock Down 0.7%

Shares of NYSE HMN opened at $42.31 on Monday. The stock has a market cap of $1.71 billion, a P/E ratio of 10.85 and a beta of 0.07. The business’s fifty day simple moving average is $43.36 and its 200-day simple moving average is $44.76. Horace Mann Educators Corporation has a 12-month low of $38.76 and a 12-month high of $48.33. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.40.

Horace Mann Educators (NYSE:HMN) last released its earnings results on Friday, February 27th. The insurance provider reported $1.21 EPS for the quarter. Horace Mann Educators had a return on equity of 13.92% and a net margin of 9.53%.The firm had revenue of $434.80 million during the quarter. As a group, equities analysts predict that Horace Mann Educators Corporation will post 3.87 EPS for the current fiscal year.

Horace Mann Educators Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be given a dividend of $0.36 per share. This is a boost from Horace Mann Educators’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 17th. Horace Mann Educators’s dividend payout ratio is presently 35.90%.

Insider Buying and Selling at Horace Mann Educators

In other news, Director Victor Fetter bought 3,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were purchased at an average cost of $42.73 per share, for a total transaction of $149,555.00. Following the completion of the purchase, the director owned 22,292 shares of the company’s stock, valued at approximately $952,537.16. This represents a 18.62% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on HMN shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Horace Mann Educators in a research note on Wednesday, January 28th. Wall Street Zen lowered shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Horace Mann Educators presently has a consensus rating of “Buy” and an average price target of $47.33.

Horace Mann Educators Company Profile

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.