Unum Group (NYSE:UNM) Receives $93.25 Average PT from Analysts

Unum Group (NYSE:UNM) has earned a consensus rating of “Moderate Buy” from the fifteen research firms that are covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $93.8333.

Several analysts have recently weighed in on UNM shares. Wall Street Zen raised Unum Group from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. Morgan Stanley lifted their price objective on Unum Group from $80.00 to $87.00 and gave the stock an “equal weight” rating in a report on Thursday. Evercore set a $103.00 price objective on Unum Group in a report on Friday, February 6th. Bank of America decreased their price objective on Unum Group from $83.00 to $77.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Finally, Truist Financial lifted their price objective on Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, April 30th.

Insider Transactions at Unum Group

In other news, EVP Elizabeth Claire Ahmed sold 12,000 shares of Unum Group stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $80.14, for a total transaction of $961,680.00. Following the sale, the executive vice president owned 42,587 shares of the company’s stock, valued at approximately $3,412,922.18. This trade represents a 21.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Lisa G. Iglesias sold 3,500 shares of Unum Group stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $73.00, for a total value of $255,500.00. Following the sale, the executive vice president directly owned 29,453 shares in the company, valued at $2,150,069. The trade was a 10.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 20,352 shares of company stock valued at $1,568,804. 1.00% of the stock is owned by corporate insiders.

Institutional Trading of Unum Group

Large investors have recently bought and sold shares of the stock. Algebris UK Ltd. grew its position in Unum Group by 95.7% in the third quarter. Algebris UK Ltd. now owns 389,463 shares of the financial services provider’s stock valued at $30,269,000 after acquiring an additional 190,454 shares during the period. UBS Group AG grew its position in Unum Group by 5.4% in 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 acquiring an additional 68,957 shares during the period. SG Americas Securities LLC grew 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 valued at $11,911,000 after acquiring an additional 141,572 shares during the period. Allianz Asset Management GmbH grew its position in Unum Group by 63.7% in the third quarter. Allianz Asset Management GmbH now owns 2,516,126 shares of the financial services provider’s stock valued at $195,704,000 after acquiring an additional 978,937 shares during the period. Finally, First Trust Advisors LP grew its position in Unum Group by 4.0% in the third quarter. First Trust Advisors LP now owns 5,734,937 shares of the financial services provider’s stock valued at $446,063,000 after acquiring an additional 223,095 shares during the period. 86.57% of the stock is currently owned by institutional investors.

Unum Group Stock Performance

UNM opened at $84.44 on Friday. The firm has a market capitalization of $13.49 billion, a P/E ratio of 18.36, a price-to-earnings-growth ratio of 0.85 and a beta of 0.24. The stock’s 50 day moving average price is $77.30 and its two-hundred day moving average price is $76.32. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.35. Unum Group has a 12-month low of $68.28 and a 12-month high of $85.27.

Unum Group (NYSE:UNM) last released its 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. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The firm had revenue of $3.36 billion for the quarter, compared to analyst estimates of $2.91 billion. During the same quarter last year, the firm posted $2.04 EPS. The company’s revenue was up 8.5% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. On average, equities analysts forecast that Unum Group will post 8.73 earnings per share for the current year.

Unum Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, April 24th. Unum Group’s dividend payout ratio (DPR) 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.