The Manufacturers Life Insurance Company Invests $1 Million in Horace Mann Educators Corporation $HMN

The Manufacturers Life Insurance Company bought a new stake in shares of Horace Mann Educators Corporation (NYSE:HMN) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 19,449 shares of the insurance provider’s stock, valued at approximately $1,005,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in Horace Mann Educators in the 2nd quarter worth approximately $304,006,000. Wasatch Advisors LP purchased a new stake in shares of Horace Mann Educators during the second quarter valued at approximately $72,363,000. Bank of New York Mellon Corp acquired a new position in shares of Horace Mann Educators during the second quarter worth $20,061,000. Ameriprise Financial Inc. lifted its position in shares of Horace Mann Educators by 51.6% during 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 in the last quarter. Finally, Millennium Management LLC boosted its stake in shares of Horace Mann Educators by 310.0% in 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. 99.28% of the stock is owned by institutional investors and hedge funds.

Horace Mann Educators Price Performance

HMN stock opened at $50.93 on Friday. The stock’s 50 day moving average is $51.98 and its two-hundred day moving average is $47.48. Horace Mann Educators Corporation has a 52-week low of $41.29 and a 52-week high of $55.56. The company has a market capitalization of $2.06 billion, a PE ratio of 11.90 and a beta of 0.08. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.40.

Horace Mann Educators (NYSE:HMN) last released 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. The business had revenue of $443.50 million during the quarter, compared to the consensus estimate of $321.70 million. Horace Mann Educators had a net margin of 10.15% and a return on equity of 14.08%. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.06 earnings per share. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. Analysts predict that Horace Mann Educators Corporation will post 4.78 earnings per share for the current fiscal year.

Horace Mann Educators Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Wednesday, September 16th. Horace Mann Educators’s dividend payout ratio (DPR) is currently 33.64%.

Analysts Set New Price Targets

HMN has been the subject of a number of recent analyst reports. Raymond James Financial reaffirmed 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 upgraded shares of Horace Mann Educators from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Finally, Weiss Ratings raised shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, June 15th. Three investment analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the company has an average rating of “Strong Buy” and a consensus target price of $59.00.

Insiders Place Their Bets

In other news, CEO Marita Zuraitis sold 7,500 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were 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 owned 299,629 shares of the company’s stock, 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 at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 22,500 shares of company stock worth $1,167,300. 3.60% of the stock is owned by company insiders.

Horace Mann Educators Company 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.