Havemeyer Place LP Invests $1.63 Million in Unum Group $UNM

Havemeyer Place LP bought a new position in shares of Unum Group (NYSE:UNM) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 21,070 shares of the financial services provider’s stock, valued at approximately $1,633,000.

Several other large investors have also made changes to their positions in the business. OneDigital Investment Advisors LLC raised its stake in shares of Unum Group by 4.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,484 shares of the financial services provider’s stock worth $271,000 after buying an additional 141 shares during the period. Larson Financial Group LLC raised its stake in shares of Unum Group by 0.4% during the 4th quarter. Larson Financial Group LLC now owns 37,864 shares of the financial services provider’s stock worth $2,934,000 after buying an additional 159 shares during the period. Laird Norton Wetherby Wealth Management LLC raised its stake in shares of Unum Group by 1.2% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 13,709 shares of the financial services provider’s stock worth $1,066,000 after buying an additional 165 shares during the period. Valeo Financial Advisors LLC raised its stake in shares of Unum Group by 4.8% during the 4th quarter. Valeo Financial Advisors LLC now owns 3,714 shares of the financial services provider’s stock worth $288,000 after buying an additional 169 shares during the period. Finally, Savant Capital LLC raised its stake in shares of Unum Group by 0.4% during the 3rd quarter. Savant Capital LLC now owns 46,619 shares of the financial services provider’s stock worth $3,626,000 after buying an additional 179 shares during the period. 86.57% of the stock is owned by institutional investors and hedge funds.

Unum Group Stock Up 2.1%

NYSE UNM opened at $86.71 on Friday. The business has a fifty day moving average price of $79.67 and a 200 day moving average price of $76.89. Unum Group has a one year low of $68.28 and a one year high of $86.88. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.35 and a current ratio of 0.35. The company has a market cap of $13.85 billion, a P/E ratio of 18.85, a P/E/G ratio of 0.88 and a beta of 0.24.

Unum Group (NYSE:UNM) last posted its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $2.91 billion. During the same period in the prior year, the company earned $2.04 EPS. The firm’s revenue was up 8.5% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Research analysts anticipate that Unum Group will post 8.76 EPS for the current fiscal year.

Unum Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were paid a $0.46 dividend. The ex-dividend date of this dividend was Friday, April 24th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.1%. Unum Group’s dividend payout ratio (DPR) is 40.00%.

Insider Transactions at Unum Group

In related news, EVP Christopher W. Pyne sold 4,852 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were 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 of the company’s stock, valued at approximately $3,787,861.96. This represents a 8.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’s stock in a transaction dated 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. The trade was a 21.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 20,352 shares of company stock worth $1,568,804 in the last quarter. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on UNM shares. UBS Group upped their target price 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 target price on shares of Unum Group in a research note on Thursday, March 26th. Bank of America reduced their price objective on Unum Group from $83.00 to $77.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Zacks Research raised Unum Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Truist Financial increased their price objective on Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $93.83.

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.