TD Asset Management Inc Invests $13.18 Million in Unum Group $UNM

TD Asset Management Inc acquired a new position in Unum Group (NYSE:UNM) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 147,385 shares of the financial services provider’s stock, valued at approximately $13,176,000. TD Asset Management Inc owned about 0.09% of Unum Group at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. UBS Group AG grew its stake in Unum Group by 5.4% in the 4th quarter. UBS Group AG now owns 1,356,916 shares of the financial services provider’s stock worth $105,161,000 after buying an additional 68,957 shares in the last quarter. Qsemble Capital Management LP increased its holdings in shares of Unum Group by 245.9% in the 4th quarter. Qsemble Capital Management LP now owns 106,742 shares of the financial services provider’s stock worth $8,273,000 after buying an additional 75,885 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Unum Group during the 4th quarter valued at $2,567,000. TABR Capital Management LLC purchased a new stake in shares of Unum Group during the 4th quarter valued at $5,768,000. Finally, Swedbank AB lifted its holdings in shares of Unum Group by 148.3% during the 4th quarter. Swedbank AB now owns 467,505 shares of the financial services provider’s stock worth $36,232,000 after acquiring an additional 279,233 shares during the last quarter. 86.57% of the stock is currently owned by institutional investors.

Unum Group Stock Performance

Unum Group stock opened at $93.41 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $14.79 billion, a PE ratio of 21.77, a P/E/G ratio of 0.98 and a beta of 0.26. The firm has a fifty day simple moving average of $89.51 and a two-hundred day simple moving average of $81.26. Unum Group has a twelve month low of $68.28 and a twelve month high of $94.55.

Unum Group (NYSE:UNM) last announced its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.16. Unum Group had a return on equity of 12.60% and a net margin of 5.26%.The firm had revenue of $3.39 billion for the quarter, compared to analysts’ expectations of $2.90 billion. During the same period last year, the firm earned $1.92 earnings per share. The company’s revenue for the quarter was up .3% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Research analysts expect that Unum Group will post 8.65 EPS for the current year.

Unum Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 24th were given a dividend of $0.505 per share. This represents a $2.02 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, July 24th. This is a positive change from Unum Group’s previous quarterly dividend of $0.46. Unum Group’s dividend payout ratio is 47.09%.

Analyst Ratings Changes

UNM has been the topic of a number of research analyst reports. Wells Fargo & Company increased their target price on Unum Group from $100.00 to $101.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Morgan Stanley lifted their price target on Unum Group from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 21st. Evercore reiterated an “outperform” rating and issued a $106.00 price objective on shares of Unum Group in a report on Tuesday, July 7th. Atlantic Securities set a $88.00 price objective on Unum Group in a research report on Wednesday, July 15th. Finally, JPMorgan Chase & Co. decreased their price objective on Unum Group from $101.00 to $98.00 and set a “neutral” rating on the stock in a report on Monday, August 3rd. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Unum Group has a consensus rating of “Moderate Buy” and a consensus target price of $99.00.

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.