Thrivent Financial for Lutherans Acquires 7,266 Shares of Unum Group $UNM

Thrivent Financial for Lutherans grew its holdings in shares of Unum Group (NYSE:UNM) by 11.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 72,345 shares of the financial services provider’s stock after acquiring an additional 7,266 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Unum Group were worth $5,607,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in UNM. Laurel Wealth Advisors LLC purchased a new position in Unum Group in the fourth quarter worth about $25,000. Triumph Capital Management purchased a new stake in Unum Group during the third quarter valued at approximately $31,000. Ancora Advisors LLC lifted its stake in shares of Unum Group by 385.2% in 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. Danske Bank A S purchased a new position in shares of Unum Group in the 3rd quarter worth approximately $47,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Unum Group during the 4th quarter valued at approximately $48,000. Institutional investors own 86.57% of the company’s stock.

Unum Group Stock Up 0.7%

NYSE:UNM opened at $84.44 on Friday. The company has a market cap of $13.49 billion, a price-to-earnings ratio of 18.36, a price-to-earnings-growth ratio of 0.85 and a beta of 0.24. Unum Group has a twelve month low of $68.28 and a twelve month high of $85.27. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. The stock has a fifty day simple moving average of $77.30 and a 200-day simple moving average of $76.32.

Unum Group (NYSE:UNM) last posted its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.07. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The firm had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $2.91 billion. During the same period in the prior year, the business posted $2.04 earnings per share. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Analysts anticipate that Unum Group will post 8.73 EPS for the current year.

Unum Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a dividend of $0.46 per share. The ex-dividend date of this dividend was Friday, April 24th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.2%. Unum Group’s dividend payout ratio (DPR) is 40.00%.

Insider Activity

In other news, EVP Lisa G. Iglesias sold 3,500 shares of Unum Group stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $73.00, for a total transaction of $255,500.00. Following the completion of the sale, the executive vice president owned 29,453 shares of the company’s stock, valued at approximately $2,150,069. The trade was a 10.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Christopher W. Pyne sold 4,852 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $72.47, for a total value of $351,624.44. Following the completion of the transaction, the executive vice president directly owned 52,268 shares in the company, valued at approximately $3,787,861.96. This trade represents a 8.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 20,352 shares of company stock valued at $1,568,804. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on UNM shares. Weiss Ratings downgraded Unum Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 27th. Barclays reissued an “overweight” rating on shares of Unum Group in a research note on Friday, February 6th. Wall Street Zen raised shares of Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Morgan Stanley upped their price target on shares of Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Thursday. Finally, Zacks Research raised shares of Unum Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Unum Group presently has an average rating of “Moderate Buy” and an average price target of $93.83.

Unum Group 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.