SummitTX Capital L.P. Invests $2.11 Million in Unum Group $UNM

SummitTX Capital L.P. bought a new stake in shares of Unum Group (NYSE:UNM) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 28,914 shares of the financial services provider’s stock, valued at approximately $2,112,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Laurel Wealth Advisors LLC bought a new stake in Unum Group in the fourth quarter worth $25,000. SHP Wealth Management bought a new position in Unum Group during the fourth quarter valued at $25,000. MBM Wealth Consultants LLC bought a new position in Unum Group during the first quarter valued at $29,000. Triumph Capital Management purchased a new stake in shares of Unum Group in the third quarter valued at $31,000. Finally, Ancora Advisors LLC raised its stake in shares of Unum Group by 385.2% in the third 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. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on UNM shares. Wolfe Research dropped their price target on shares of Unum Group from $102.00 to $100.00 and set an “outperform” rating for the company in a research note on Monday, July 6th. Atlantic Securities set a $88.00 price objective on shares of Unum Group in a research report on Wednesday, July 15th. Weiss Ratings raised shares of Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. Zacks Research upgraded Unum Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Wall Street Zen raised Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Unum Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.17.

Unum Group Stock Up 1.8%

Shares of UNM opened at $87.99 on Wednesday. The firm has a fifty day moving average price of $88.07 and a 200-day moving average price of $80.20. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $14.06 billion, a P/E ratio of 19.13, a P/E/G ratio of 0.87 and a beta of 0.25. Unum Group has a 12-month low of $68.28 and a 12-month high of $93.21.

Unum Group (NYSE:UNM) last posted its quarterly earnings results on Tuesday, July 28th. The financial services provider reported $2.16 EPS for the quarter, hitting the consensus estimate of $2.16. The company had revenue of $3.39 billion for the quarter, compared to the consensus estimate of $2.90 billion. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The firm’s revenue was up .3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.92 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Equities research analysts expect that Unum Group will post 8.74 earnings per share for the current year.

Unum Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 24th will be given a dividend of $0.505 per share. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.3%. This is a boost from Unum Group’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Friday, July 24th. Unum Group’s dividend payout ratio is 43.91%.

Insider Transactions at Unum Group

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’s stock in a transaction 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 transaction, the executive vice president directly owned 42,587 shares in the company, valued at $3,412,922.18. This trade represents a 21.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.00% of the stock is currently owned by company insiders.

More Unum Group News

Here are the key news stories impacting Unum Group this week:

• Positive Sentiment: Unum reported second-quarter adjusted operating earnings of $2.16 per share, above the Zacks consensus estimate of $2.14 and up from $2.07 a year earlier. Unum Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Revenue reached approximately $3.37 billion to $3.39 billion, well above the $2.91 billion consensus forecast. Premium income also increased to $2.82 billion from $2.75 billion year over year, indicating solid underlying insurance demand. Unum Group Reports Second Quarter 2026 Results
• Positive Sentiment: The company repurchased 2.5 million shares for $202.1 million during the quarter and maintained substantial financial flexibility, including $1.54 billion in holding-company liquidity and an approximately 480% weighted-average risk-based capital ratio. These actions support shareholder returns and balance-sheet confidence. Unum Reports Q2 Net Income and Revenue
• Neutral Sentiment: Unum reaffirmed full-year 2026 adjusted operating EPS guidance of $8.60 to $8.90. The midpoint of $8.75 is close to the $8.78 analyst consensus, suggesting expectations were largely met rather than meaningfully raised.
• Negative Sentiment: GAAP net income declined to $256.9 million, or $1.61 per diluted share, from $335.6 million, or $1.92 per share, in the prior-year quarter. The improvement in adjusted operating earnings and strong revenue therefore came alongside weaker reported profitability. Unum Q2 Earnings Snapshot

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.