Unum Group $UNM Shares Bought by Sei Investments Co.

Sei Investments Co. grew its stake in shares of Unum Group (NYSE:UNM) by 9.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 608,586 shares of the financial services provider’s stock after buying an additional 54,574 shares during the period. Sei Investments Co.’s holdings in Unum Group were worth $44,445,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank purchased a new position in shares of Unum Group in the 4th quarter worth $1,108,919,000. Zurich Insurance Group Ltd FI purchased a new stake in Unum Group during the fourth quarter valued at about $58,860,000. Alyeska Investment Group L.P. increased its stake in 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 acquiring an additional 730,534 shares during the last quarter. AQR Capital Management LLC increased its stake in 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 acquiring an additional 607,684 shares during the last quarter. Finally, Two Sigma Investments LP raised its holdings in shares of Unum Group by 127.3% in the 3rd quarter. Two Sigma Investments LP now owns 864,485 shares of the financial services provider’s stock worth $67,240,000 after purchasing an additional 484,107 shares during the period. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UNM has been the subject of a number of research reports. Atlantic Securities set a $88.00 target price on Unum Group in a report on Wednesday, July 15th. Barclays raised 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. Bank of America reduced their price target on shares of Unum Group from $83.00 to $77.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 14th. Wells Fargo & Company boosted their price objective on shares of Unum Group from $100.00 to $101.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Finally, UBS Group set a $94.00 price objective on shares of Unum Group in a research report on Tuesday, July 7th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Unum Group has a consensus rating of “Moderate Buy” and an average price target of $98.17.

Insider Transactions at Unum Group

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

Unum Group Price Performance

Shares of NYSE UNM opened at $86.22 on Monday. Unum Group has a 1-year low of $68.28 and a 1-year high of $93.21. The business has a 50-day moving average of $87.88 and a 200-day moving average of $80.08. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.35 and a quick ratio of 0.35. The company has a market capitalization of $13.78 billion, a price-to-earnings ratio of 18.74, a PEG ratio of 0.86 and a beta of 0.25.

Unum Group (NYSE:UNM) last posted its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.07. The business had revenue of $3.36 billion during the quarter, compared to analyst estimates of $2.91 billion. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter last year, the firm earned $2.04 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. On average, equities analysts anticipate that Unum Group will post 8.75 EPS for the current fiscal year.

Unum Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 24th will be given a $0.505 dividend. This represents a $2.02 annualized dividend and a yield of 2.3%. This is a positive change from Unum Group’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Friday, July 24th. Unum Group’s dividend payout ratio is 43.91%.

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.