Legal & General Group Plc Invests $4.72 Million in Horace Mann Educators Corporation $HMN

Legal & General Group Plc acquired a new stake in Horace Mann Educators Corporation (NYSE:HMN) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 91,348 shares of the insurance provider’s stock, valued at approximately $4,718,000. Legal & General Group Plc owned 0.23% of Horace Mann Educators as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HMN. Royal Bank of Canada raised its position in Horace Mann Educators by 36.2% in the first quarter. Royal Bank of Canada now owns 8,251 shares of the insurance provider’s stock worth $352,000 after acquiring an additional 2,194 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Horace Mann Educators by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,449 shares of the insurance provider’s stock valued at $1,045,000 after purchasing an additional 1,064 shares in the last quarter. Caxton Associates LLP acquired a new position in shares of Horace Mann Educators in the 1st quarter worth approximately $313,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Horace Mann Educators by 5.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 138,788 shares of the insurance provider’s stock worth $5,930,000 after purchasing an additional 7,542 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in Horace Mann Educators by 313.8% during the first quarter. Jane Street Group LLC now owns 91,640 shares of the insurance provider’s stock valued at $3,916,000 after purchasing an additional 69,492 shares during the last quarter. 99.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Horace Mann Educators

In other news, CEO Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $50.99, for a total transaction of $382,425.00. Following the transaction, the chief executive officer owned 299,629 shares in the company, valued at approximately $15,278,082.71. The trade was a 2.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 22,500 shares of company stock valued at $1,167,300 over the last ninety days. Company insiders own 3.60% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Zacks Research upgraded shares of Horace Mann Educators from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Weiss Ratings raised Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, June 15th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $59.00 target price on shares of Horace Mann Educators in a report on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, Horace Mann Educators currently has an average rating of “Strong Buy” and a consensus price target of $59.00.

Horace Mann Educators Stock Performance

Horace Mann Educators stock opened at $51.84 on Friday. The firm’s 50 day simple moving average is $51.99 and its 200-day simple moving average is $47.46. The company has a market cap of $2.10 billion, a P/E ratio of 12.11 and a beta of 0.08. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.08 and a quick ratio of 0.08. Horace Mann Educators Corporation has a fifty-two week low of $41.29 and a fifty-two week high of $55.56.

Horace Mann Educators (NYSE:HMN) last issued its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $1.17 EPS for the quarter, beating the consensus estimate of $0.79 by $0.38. Horace Mann Educators had a net margin of 10.15% and a return on equity of 14.08%. The business had revenue of $443.50 million during the quarter, compared to the consensus estimate of $321.70 million. During the same quarter in the prior year, the firm earned $1.06 EPS. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. As a group, equities research analysts predict that Horace Mann Educators Corporation will post 4.78 EPS for the current year.

Horace Mann Educators Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a $0.36 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.8%. Horace Mann Educators’s dividend payout ratio is presently 33.64%.

Horace Mann Educators Profile

Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.

In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.