Horace Mann Educators Corporation $HMN Holdings Lifted by Royal Bank of Canada

Royal Bank of Canada raised its position in Horace Mann Educators Corporation (NYSE:HMN) by 390.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 39,484 shares of the insurance provider’s stock after acquiring an additional 31,432 shares during the quarter. Royal Bank of Canada’s holdings in Horace Mann Educators were worth $1,685,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Ameriprise Financial Inc. boosted its position 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 worth $29,971,000 after acquiring an additional 225,800 shares during the period. Millennium Management LLC increased its holdings 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 valued at $12,427,000 after purchasing an additional 208,014 shares during the period. Invesco Ltd. raised its stake in shares of Horace Mann Educators by 32.0% during the third quarter. Invesco Ltd. now owns 645,659 shares of the insurance provider’s stock valued at $29,164,000 after purchasing an additional 156,652 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of Horace Mann Educators during the second quarter valued at about $5,749,000. Finally, Goldman Sachs Group Inc. lifted its holdings in Horace Mann Educators by 63.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 249,579 shares of the insurance provider’s stock worth $11,526,000 after purchasing an additional 97,293 shares during the period. Institutional investors own 99.28% of the company’s stock.

Insider Buying and Selling at Horace Mann Educators

In related news, CEO Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $52.03, for a total value of $390,225.00. Following the transaction, the chief executive officer owned 307,129 shares of the company’s stock, valued at approximately $15,979,921.87. This trade represents a 2.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 22,500 shares of company stock valued at $1,131,750. Company insiders own 3.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Zacks Research upgraded shares of Horace Mann Educators from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Raymond James Financial reaffirmed 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. Finally, Weiss Ratings upgraded shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, June 15th. Three equities research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, Horace Mann Educators has a consensus rating of “Strong Buy” and a consensus target price of $59.00.

Horace Mann Educators Price Performance

Shares of NYSE:HMN opened at $51.66 on Wednesday. The company has a market capitalization of $2.09 billion, a PE ratio of 12.07 and a beta of 0.08. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.08 and a current ratio of 0.08. The stock has a fifty day moving average of $51.56 and a 200-day moving average of $46.83. Horace Mann Educators Corporation has a one year low of $41.29 and a one year high of $55.56.

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

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.