11,774 Shares in Unum Group $UNM Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC bought a new stake in Unum Group (NYSE:UNM) during the second quarter, HoldingsChannel reports. The fund bought 11,774 shares of the financial services provider’s stock, valued at approximately $1,053,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in Unum Group during the 4th quarter valued at approximately $1,108,919,000. Zurich Insurance Group Ltd FI acquired a new stake in shares of Unum Group in the fourth quarter worth $58,860,000. Alyeska Investment Group L.P. raised its holdings in shares of Unum Group by 365.3% during the fourth quarter. Alyeska Investment Group L.P. now owns 930,534 shares of the financial services provider’s stock worth $72,116,000 after purchasing an additional 730,534 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Unum Group by 35.1% during the third quarter. AQR Capital Management LLC now owns 2,339,289 shares of the financial services provider’s stock worth $181,622,000 after purchasing an additional 607,684 shares during the last quarter. Finally, Two Sigma Investments LP lifted its position in Unum Group by 127.3% during the third quarter. Two Sigma Investments LP now owns 864,485 shares of the financial services provider’s stock valued at $67,240,000 after purchasing an additional 484,107 shares during the period. Institutional investors and hedge funds own 86.57% of the company’s stock.

Unum Group Stock Down 1.8%

UNM stock opened at $89.86 on Wednesday. Unum Group has a one year low of $68.38 and a one year high of $94.55. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 0.34. The firm’s fifty day moving average is $89.64 and its 200 day moving average is $81.50. The firm has a market cap of $14.23 billion, a PE ratio of 20.95, a P/E/G ratio of 0.99 and a beta of 0.26.

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

Unum Group Increases Dividend

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

Analysts Set New Price Targets

Several equities research analysts have commented on UNM shares. Barclays upped their price target on shares of Unum Group from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Weiss Ratings raised Unum Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 28th. Morgan Stanley boosted their price objective on Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. UBS Group set a $94.00 target price on Unum Group in a research note on Tuesday, July 7th. Finally, Truist Financial raised their target price on Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $99.00.

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.