Thrivent Financial for Lutherans Grows Stock Holdings in Unum Group $UNM

Thrivent Financial for Lutherans boosted its stake in shares of Unum Group (NYSE:UNM) by 11.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,345 shares of the financial services provider’s stock after purchasing an additional 7,266 shares during the period. Thrivent Financial for Lutherans’ holdings in Unum Group were worth $5,607,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of UNM. Laurel Wealth Advisors LLC bought a new position in shares of Unum Group in the 4th quarter worth approximately $25,000. Triumph Capital Management purchased a new position in shares of Unum Group during the 3rd quarter worth $31,000. Ancora Advisors LLC grew its position in shares of Unum Group by 385.2% during the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 339 shares during the period. Danske Bank A S purchased a new stake in shares of Unum Group in the 3rd quarter worth $47,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Unum Group in the 4th quarter worth $48,000. 86.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Lisa G. Iglesias sold 3,500 shares of Unum Group stock in a transaction dated 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 of the company’s stock, valued at approximately $2,150,069. The trade was a 10.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Christopher W. Pyne sold 4,852 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $72.47, for a total value of $351,624.44. Following the completion of the sale, the executive vice president owned 52,268 shares in the company, valued at $3,787,861.96. This represents a 8.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 20,352 shares of company stock worth $1,568,804 over the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Unum Group Trading Up 0.7%

UNM stock opened at $84.44 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.35 and a quick ratio of 0.35. Unum Group has a 1-year low of $68.28 and a 1-year high of $85.27. The business has a 50 day simple moving average of $77.30 and a two-hundred day simple moving average of $76.32. The company has a market capitalization of $13.49 billion, a price-to-earnings ratio of 18.36, a PEG ratio of 0.85 and a beta of 0.24.

Unum Group (NYSE:UNM) last released its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, topping the consensus estimate of $2.07 by $0.07. The firm had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $2.91 billion. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.04 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Research analysts anticipate that Unum Group will post 8.73 EPS for the current fiscal 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 given a dividend of $0.46 per share. The ex-dividend date was Friday, April 24th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.2%. Unum Group’s dividend payout ratio (DPR) is presently 40.00%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on UNM shares. Zacks Research upgraded Unum Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. UBS Group raised their price objective on Unum Group from $81.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Keefe, Bruyette & Woods reaffirmed a “moderate buy” rating and set a $95.00 price objective on shares of Unum Group in a research report on Thursday, March 26th. Barclays reissued an “overweight” rating on shares of Unum Group in a report on Friday, February 6th. Finally, Wells Fargo & Company raised their target price on shares of Unum Group from $99.00 to $100.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Unum Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.83.

Unum Group Profile

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.