Unum Group (NYSE:UNM) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Unum Group (NYSE:UNM) have been assigned an average recommendation of “Moderate Buy” from the fourteen ratings firms that are covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $99.25.

A number of brokerages have recently commented on UNM. Atlantic Securities set a $88.00 price objective on shares of Unum Group in a research report on Wednesday, July 15th. Truist Financial lifted their target price on Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. JPMorgan Chase & Co. boosted their price target on Unum Group from $90.00 to $101.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Wall Street Zen raised Unum Group from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. Finally, Keefe, Bruyette & Woods reduced their price objective on Unum Group from $110.00 to $108.00 and set an “outperform” rating for the company in a research report on Thursday.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. UBS Group AG boosted its position in shares of Unum Group by 5.4% during the 4th 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 in the last quarter. Qsemble Capital Management LP raised its position in Unum Group by 245.9% in the fourth quarter. Qsemble Capital Management LP now owns 106,742 shares of the financial services provider’s stock worth $8,273,000 after purchasing an additional 75,885 shares in the last quarter. GSA Capital Partners LLP acquired a new position in Unum Group in the fourth quarter worth about $2,567,000. TABR Capital Management LLC bought a new position in Unum Group during the fourth quarter worth about $5,768,000. Finally, Swedbank AB boosted its holdings in Unum Group by 148.3% during the fourth quarter. Swedbank AB now owns 467,505 shares of the financial services provider’s stock valued at $36,232,000 after purchasing an additional 279,233 shares in the last quarter. 86.57% of the stock is owned by institutional investors.

Unum Group Trading Up 0.0%

Shares of UNM stock opened at $86.13 on Wednesday. Unum Group has a 1 year low of $68.28 and a 1 year high of $93.21. The firm’s fifty day simple moving average is $88.14 and its 200 day simple moving average is $80.31. The firm has a market capitalization of $13.63 billion, a P/E ratio of 20.08, a price-to-earnings-growth ratio of 0.90 and a beta of 0.26. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35.

Unum Group (NYSE:UNM) last issued its quarterly earnings results on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.16. The firm had revenue of $3.39 billion during the quarter, compared to the consensus estimate of $2.90 billion. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The business’s revenue was up .3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.92 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. As a group, sell-side analysts predict that Unum Group will post 8.7 EPS for the current year.

Unum Group Increases Dividend

The company also recently disclosed 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 is a boost from Unum Group’s previous quarterly dividend of $0.46. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, July 24th. Unum Group’s dividend payout ratio (DPR) is presently 47.09%.

Unum Group Company 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.