Elizabeth Claire Ahmed Sells 12,000 Shares of Unum Group (NYSE:UNM) Stock

Unum Group (NYSE:UNM) EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $80.14, for a total transaction of $961,680.00. Following the transaction, the executive vice president directly owned 42,587 shares of the company’s stock, valued at $3,412,922.18. The trade was a 21.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Unum Group Price Performance

UNM traded up $0.42 during trading on Friday, hitting $80.80. 1,473,548 shares of the company traded hands, compared to its average volume of 1,609,908. The company has a market cap of $13.01 billion, a PE ratio of 17.57, a P/E/G ratio of 1.67 and a beta of 0.19. The stock’s 50-day simple moving average is $74.95 and its two-hundred day simple moving average is $75.74. Unum Group has a 1 year low of $68.28 and a 1 year high of $83.13. The company has a current ratio of 0.35, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35.

Unum Group (NYSE:UNM) last posted its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.07. The company had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $2.91 billion. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. Unum Group’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period last year, the company posted $2.04 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. As a group, sell-side analysts anticipate that Unum Group will post 8.72 earnings per share for the current fiscal year.

Unum Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be given a dividend of $0.46 per share. The ex-dividend date is Friday, April 24th. This represents a $1.84 annualized dividend and a yield of 2.3%. Unum Group’s dividend payout ratio (DPR) is 43.29%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. UBS Group increased their price objective on shares of Unum Group from $81.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, April 9th. Morgan Stanley lowered their price objective on shares of Unum Group from $85.00 to $80.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 3rd. Weiss Ratings lowered shares of Unum Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 27th. Evercore set a $103.00 price objective on shares of Unum Group in a research report on Friday, February 6th. Finally, Barclays reiterated an “overweight” rating on shares of Unum Group in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.17.

Institutional Investors Weigh In On Unum Group

Several institutional investors have recently made changes to their positions in UNM. Norges Bank purchased a new position in Unum Group in the 4th quarter worth about $1,108,919,000. Allianz Asset Management GmbH increased its stake in Unum Group by 63.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 2,516,126 shares of the financial services provider’s stock worth $195,704,000 after buying an additional 978,937 shares during the period. Zurich Insurance Group Ltd FI purchased a new position in Unum Group in the 4th quarter worth about $58,860,000. Alyeska Investment Group L.P. increased its stake in Unum Group by 365.3% in the 4th quarter. Alyeska Investment Group L.P. now owns 930,534 shares of the financial services provider’s stock worth $72,116,000 after buying an additional 730,534 shares during the period. Finally, AQR Capital Management LLC increased its stake in Unum Group by 35.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,339,289 shares of the financial services provider’s stock worth $181,622,000 after buying an additional 607,684 shares during the period. 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.