Man Group plc Takes Position in Horace Mann Educators Corporation $HMN

Man Group plc bought a new position in shares of Horace Mann Educators Corporation (NYSE:HMN) in the second quarter, Holdings Channel reports. The institutional investor bought 18,450 shares of the insurance provider’s stock, valued at approximately $953,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Horace Mann Educators in the second quarter valued at approximately $304,006,000. Wasatch Advisors LP acquired a new position in Horace Mann Educators during the 2nd quarter valued at about $72,363,000. Bank of New York Mellon Corp acquired a new position in shares of Horace Mann Educators in the 2nd quarter valued at $20,061,000. Ameriprise Financial Inc. raised its holdings in Horace Mann Educators by 51.6% in the third quarter. Ameriprise Financial Inc. now owns 663,520 shares of the insurance provider’s stock worth $29,971,000 after purchasing an additional 225,800 shares during the period. Finally, Millennium Management LLC raised its position in shares of Horace Mann Educators by 310.0% during the third quarter. Millennium Management LLC now owns 275,109 shares of the insurance provider’s stock worth $12,427,000 after purchasing an additional 208,014 shares during the period. 99.28% of the stock is currently owned by institutional investors and hedge funds.

Horace Mann Educators Stock Up 0.7%

Shares of HMN opened at $51.84 on Friday. The firm has a 50 day simple moving average of $51.99 and a two-hundred day simple moving average of $47.46. The company has a market cap of $2.10 billion, a P/E ratio of 12.11 and a beta of 0.08. Horace Mann Educators Corporation has a one year low of $41.29 and a one year high of $55.56. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.08 and a quick ratio of 0.08.

Horace Mann Educators (NYSE:HMN) last posted its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.38. Horace Mann Educators had a return on equity of 14.08% and a net margin of 10.15%.The company had revenue of $443.50 million during the quarter, compared to analysts’ expectations of $321.70 million. During the same quarter in the previous year, the firm earned $1.06 EPS. Horace Mann Educators’s revenue was up 7.7% on a year-over-year basis. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. Research analysts forecast that Horace Mann Educators Corporation will post 4.78 EPS for the current fiscal year.

Horace Mann Educators Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Wednesday, September 16th. Horace Mann Educators’s dividend payout ratio (DPR) is presently 33.64%.

Insider Activity

In related news, CEO Marita Zuraitis sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $50.99, for a total transaction of $382,425.00. Following the completion of the transaction, the chief executive officer directly owned 299,629 shares in the company, valued at $15,278,082.71. This represents a 2.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 22,500 shares of company stock worth $1,167,300. Insiders own 3.60% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on HMN. Zacks Research raised shares of Horace Mann Educators from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Weiss Ratings raised shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, June 15th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $59.00 price target on shares of Horace Mann Educators in a research note on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Strong Buy” and a consensus price target of $59.00.

Horace Mann Educators 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.