Unum Group (NYSE:UNM) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Unum Group (NYSE:UNM) has earned an average rating of “Moderate Buy” from the fourteen analysts that are covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $98.0909.

Several brokerages recently issued reports on UNM. Weiss Ratings raised Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Wall Street Zen raised Unum Group from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. Morgan Stanley raised their price objective on Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a research note on Thursday, May 21st. Truist Financial lifted their price objective on shares of Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Jefferies Financial Group upped their target price on shares of Unum Group from $117.00 to $123.00 and gave the stock a “buy” rating in a research note on Friday.

Insider Transactions at Unum Group

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $80.14, for a total value of $961,680.00. Following the completion of the sale, the executive vice president owned 42,587 shares in the company, valued at approximately $3,412,922.18. This trade represents a 21.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Unum Group

A number of hedge funds and other institutional investors have recently modified their holdings of UNM. UBS Group AG grew its position in Unum Group by 5.4% during the fourth quarter. UBS Group AG now owns 1,356,916 shares of the financial services provider’s stock valued at $105,161,000 after buying an additional 68,957 shares during the period. Qsemble Capital Management LP raised its position in Unum Group by 245.9% in the fourth quarter. Qsemble Capital Management LP now owns 106,742 shares of the financial services provider’s stock worth $8,273,000 after acquiring an additional 75,885 shares during the period. SG Americas Securities LLC raised its position in Unum Group by 1,167.7% in the fourth quarter. SG Americas Securities LLC now owns 153,696 shares of the financial services provider’s stock worth $11,911,000 after acquiring an additional 141,572 shares during the period. GSA Capital Partners LLP purchased a new position in Unum Group in the fourth quarter valued at about $2,567,000. Finally, TABR Capital Management LLC bought a new position in shares of Unum Group during the 4th quarter valued at approximately $5,768,000. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Unum Group Stock Down 1.0%

Shares of UNM traded down $0.90 on Friday, reaching $87.54. The company’s stock had a trading volume of 1,314,757 shares, compared to its average volume of 1,528,170. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. Unum Group has a twelve month low of $68.28 and a twelve month high of $93.21. The stock has a market capitalization of $13.99 billion, a PE ratio of 19.03, a PEG ratio of 0.90 and a beta of 0.25. The firm has a fifty day moving average of $86.39 and a 200-day moving average of $79.38.

Unum Group (NYSE:UNM) last released its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.07. The business had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $2.91 billion. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The company’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Equities analysts predict that Unum Group will post 8.76 EPS for the current year.

Unum Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 24th will be issued a dividend of $0.505 per share. This represents a $2.02 annualized dividend and a yield of 2.3%. This is a boost from Unum Group’s previous quarterly dividend of $0.46. The ex-dividend date is Friday, July 24th. Unum Group’s dividend payout ratio is presently 40.00%.

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.