Unum Group $UNM Shares Purchased by Corient Private Wealth LLC

Corient Private Wealth LLC boosted its stake in shares of Unum Group (NYSE:UNM) by 7.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 140,209 shares of the financial services provider’s stock after acquiring an additional 9,252 shares during the period. Corient Private Wealth LLC’s holdings in Unum Group were worth $10,867,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new position in shares of Unum Group in the 4th quarter valued at about $25,000. SHP Wealth Management acquired a new position in shares of Unum Group during the fourth quarter worth about $25,000. Triumph Capital Management purchased a new stake in shares of Unum Group during the third quarter worth approximately $31,000. Ancora Advisors LLC increased its stake in shares of Unum Group by 385.2% during the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock worth $33,000 after buying an additional 339 shares during the period. Finally, Danske Bank A S acquired a new stake in Unum Group in the third quarter valued at approximately $47,000. Institutional investors and hedge funds own 86.57% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on UNM. Truist Financial lifted their price target on shares of Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. UBS Group raised their price objective on shares of Unum Group from $81.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Bank of America decreased their price objective on shares of Unum Group from $83.00 to $77.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Zacks Research upgraded shares of Unum Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Wells Fargo & Company increased their target price on Unum Group from $99.00 to $100.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $93.83.

Unum Group Stock Down 2.8%

UNM stock opened at $88.75 on Thursday. The stock has a market cap of $14.18 billion, a P/E ratio of 19.29, a PEG ratio of 0.93 and a beta of 0.24. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. Unum Group has a twelve month low of $68.28 and a twelve month high of $93.21. The company’s 50 day moving average is $83.71 and its two-hundred day moving average is $78.27.

Unum Group (NYSE:UNM) last issued its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.07. The business had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $2.91 billion. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Research analysts expect that Unum Group will post 8.76 earnings per share for the current fiscal year.

Unum Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a $0.46 dividend. The ex-dividend date of this dividend was Friday, April 24th. This represents a $1.84 dividend on an annualized basis and a yield of 2.1%. Unum Group’s payout ratio is 40.00%.

Insider Transactions at Unum Group

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $80.14, for a total transaction of $961,680.00. Following the transaction, the executive vice president owned 42,587 shares of the company’s stock, valued at approximately $3,412,922.18. This trade represents a 21.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is owned by corporate insiders.

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.