Legal & General Group Plc Acquires New Position in Horace Mann Educators Corporation $HMN

Legal & General Group Plc bought a new position in Horace Mann Educators Corporation (NYSE:HMN) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 91,348 shares of the insurance provider’s stock, valued at approximately $4,718,000.

A number of other institutional investors also recently modified their holdings of the stock. Hsbc Holdings PLC purchased a new stake in shares of Horace Mann Educators during the fourth quarter worth $914,000. AlphaQuest LLC grew its stake in Horace Mann Educators by 76.1% in the fourth quarter. AlphaQuest LLC now owns 50,247 shares of the insurance provider’s stock valued at $2,320,000 after purchasing an additional 21,721 shares in the last quarter. Emerald Investment Advisers LLC acquired a new position in Horace Mann Educators in the 2nd quarter worth about $3,471,000. Edgestream Partners L.P. increased its position in Horace Mann Educators by 621.0% in the 1st quarter. Edgestream Partners L.P. now owns 163,101 shares of the insurance provider’s stock worth $6,961,000 after purchasing an additional 140,481 shares during the last quarter. Finally, Sei Investments Co. raised its stake in shares of Horace Mann Educators by 96.1% during the 1st quarter. Sei Investments Co. now owns 77,532 shares of the insurance provider’s stock worth $3,309,000 after purchasing an additional 37,985 shares in the last quarter. Institutional investors and hedge funds own 99.28% of the company’s stock.

Horace Mann Educators Trading Up 0.7%

Horace Mann Educators stock opened at $51.84 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.08 and a quick ratio of 0.08. The company has a market capitalization of $2.10 billion, a price-to-earnings 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’s fifty day moving average price is $51.99 and its two-hundred day moving average price is $47.46.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $1.17 earnings per share 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 earnings per share. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. On average, analysts forecast that Horace Mann Educators Corporation will post 4.78 earnings per share for the current fiscal year.

Horace Mann Educators Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors 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 of this dividend is Wednesday, September 16th. Horace Mann Educators’s dividend payout ratio (DPR) is presently 33.64%.

Insiders Place Their Bets

In related news, CEO Marita Zuraitis sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $50.99, for a total value of $382,425.00. Following the completion of the sale, the chief executive officer directly owned 299,629 shares in the company, valued at approximately $15,278,082.71. The trade was 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 link. 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 $1,167,300. 3.60% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Raymond James Financial reiterated a “strong-buy” rating and set a $59.00 price target on shares of Horace Mann Educators in a report on Thursday, August 13th. 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. Finally, Weiss Ratings upgraded shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, June 15th. Three equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, Horace Mann Educators currently has an average rating of “Strong Buy” and a consensus target price 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.