Bank of New York Mellon Corp Sells 54,198 Shares of Unum Group $UNM

Bank of New York Mellon Corp decreased its stake in Unum Group (NYSE:UNM) by 2.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,789,597 shares of the financial services provider’s stock after selling 54,198 shares during the period. Bank of New York Mellon Corp’s holdings in Unum Group were worth $139,195,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Legacy Investment Solutions LLC acquired a new position in Unum Group during the second quarter worth $30,000. Vermillion & White Wealth Management Group LLC boosted its position in shares of Unum Group by 44.0% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 537 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 164 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in Unum Group by 1,123.4% in the second quarter. Hantz Financial Services Inc. now owns 575 shares of the financial services provider’s stock valued at $46,000 after buying an additional 528 shares in the last quarter. True Wealth Design LLC lifted its stake in Unum Group by 36.2% in the 3rd quarter. True Wealth Design LLC now owns 587 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 156 shares in the last quarter. Finally, SJS Investment Consulting Inc. increased its position in shares of Unum Group by 2,350.0% in the third quarter. SJS Investment Consulting Inc. now owns 588 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 564 shares during the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Unum Group

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

• Neutral Sentiment: Quarterly earnings scheduled: Unum is expected to announce quarterly results on Thursday, making the report the immediate catalyst to resolve uncertainty around recent estimate cuts. Unum Group (UNM) Expected to Announce Quarterly Earnings on Thursday
• Negative Sentiment: Zacks lowered multiple near-term EPS forecasts — a broad set of modest downgrades across quarters and years: Q4 2025 (2.14 → 2.10), Q1 2026 (2.18 → 2.17), Q2 2026 (2.28 → 2.27), Q3 2026 (2.31 → 2.29), Q4 2026 (2.37 → 2.35), FY2026 (9.13 → 9.08), Q1–Q4 2027 minor cuts and FY2027 (10.06 → 9.99). The aggregate effect is reduced earnings momentum and a lower bar for future results. Unum (UNM) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: Zacks also flagged that Unum “doesn’t possess the right combination” of factors for a likely earnings beat, raising the risk of a disappointed print or cautious guidance that could drive further downside in UNM near-term. Unum (UNM) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

Insider Buying and Selling

In other news, EVP Steven Andrew Zabel sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $76.38, for a total value of $572,850.00. Following the transaction, the executive vice president owned 113,807 shares of the company’s stock, valued at $8,692,578.66. This trade represents a 6.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Walter Lynn Rice, Jr. sold 900 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $73.50, for a total transaction of $66,150.00. Following the transaction, the chief accounting officer owned 8,940 shares of the company’s stock, valued at approximately $657,090. This represents a 9.15% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 12,400 shares of company stock valued at $951,160. 0.92% of the stock is owned by company insiders.

Unum Group Stock Performance

NYSE:UNM opened at $75.92 on Friday. Unum Group has a fifty-two week low of $66.81 and a fifty-two week high of $84.48. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.36 and a current ratio of 0.36. The business has a 50 day moving average price of $77.03 and a 200-day moving average price of $75.60. The firm has a market cap of $12.70 billion, a PE ratio of 14.80, a price-to-earnings-growth ratio of 1.36 and a beta of 0.20.

Unum Group (NYSE:UNM) last released its quarterly earnings results on Monday, November 3rd. The financial services provider reported $2.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.06). Unum Group had a return on equity of 13.09% and a net margin of 6.99%.The company had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.31 billion. During the same period in the previous year, the company earned $2.13 earnings per share. Unum Group’s quarterly revenue was up 5.0% on a year-over-year basis. Equities research analysts predict that Unum Group will post 9.14 earnings per share for the current year.

Unum Group announced that its Board of Directors has authorized a stock repurchase program on Thursday, December 4th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the financial services provider to reacquire up to 8.2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Unum Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Friday, January 30th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, January 30th. Unum Group’s dividend payout ratio (DPR) is presently 35.87%.

Wall Street Analysts Forecast Growth

UNM has been the subject of several research analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and set a $115.00 target price on shares of Unum Group in a report on Monday, January 5th. JPMorgan Chase & Co. lowered their target price on Unum Group from $94.00 to $92.00 and set a “neutral” rating for the company in a research report on Tuesday, November 4th. Citigroup restated a “market perform” rating on shares of Unum Group in a report on Thursday, December 18th. Barclays restated an “overweight” rating on shares of Unum Group in a report on Thursday, January 8th. Finally, Evercore ISI raised their target price on Unum Group from $96.00 to $99.00 and gave the company an “outperform” rating in a research report on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $97.08.

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.