CNO Financial Group, Inc. $CNO Shares Sold by First Trust Advisors LP

First Trust Advisors LP reduced its stake in CNO Financial Group, Inc. (NYSE:CNO) by 86.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 67,770 shares of the financial services provider’s stock after selling 440,857 shares during the quarter. First Trust Advisors LP owned 0.07% of CNO Financial Group worth $2,783,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Louisiana State Employees Retirement System acquired a new position in CNO Financial Group in the 1st quarter valued at $1,125,000. Hsbc Holdings PLC lifted its stake in shares of CNO Financial Group by 102.1% in the 4th quarter. Hsbc Holdings PLC now owns 45,025 shares of the financial services provider’s stock worth $1,914,000 after acquiring an additional 22,749 shares during the period. Fifth Third Bancorp lifted its stake in shares of CNO Financial Group by 3,633.6% in the 1st quarter. Fifth Third Bancorp now owns 70,490 shares of the financial services provider’s stock worth $2,894,000 after acquiring an additional 68,602 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of CNO Financial Group by 8.3% in the first quarter. Principal Financial Group Inc. now owns 1,492,497 shares of the financial services provider’s stock valued at $61,282,000 after acquiring an additional 114,000 shares in the last quarter. Finally, UBS Group AG boosted its holdings in shares of CNO Financial Group by 25.4% in the fourth quarter. UBS Group AG now owns 145,767 shares of the financial services provider’s stock valued at $6,191,000 after acquiring an additional 29,494 shares in the last quarter. Institutional investors and hedge funds own 95.43% of the company’s stock.

CNO Financial Group Price Performance

Shares of NYSE CNO opened at $55.50 on Friday. The firm has a market capitalization of $5.18 billion, a P/E ratio of 19.07 and a beta of 0.81. CNO Financial Group, Inc. has a one year low of $35.81 and a one year high of $57.59. The company’s fifty day moving average is $51.67 and its two-hundred day moving average is $46.00. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.17 and a current ratio of 0.17.

CNO Financial Group (NYSE:CNO) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.29. CNO Financial Group had a net margin of 6.02% and a return on equity of 18.76%. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $999.45 million. During the same quarter last year, the firm posted $0.87 EPS. The business’s revenue was up 11.6% compared to the same quarter last year. Analysts forecast that CNO Financial Group, Inc. will post 4.61 EPS for the current fiscal year.

CNO Financial Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, September 10th. CNO Financial Group’s dividend payout ratio is presently 24.74%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CNO. Weiss Ratings reiterated a “buy (b)” rating on shares of CNO Financial Group in a research note on Friday, July 17th. Keefe, Bruyette & Woods raised their price objective on shares of CNO Financial Group from $53.00 to $57.00 and gave the company a “market perform” rating in a research report on Monday. Jefferies Financial Group lowered CNO Financial Group from a “buy” rating to a “hold” rating and lifted their price objective for the company from $53.00 to $55.00 in a report on Friday, July 10th. Finally, Evercore set a $48.00 target price on CNO Financial Group and gave the stock an “in-line” rating in a research report on Monday, June 1st. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $52.50.

Insider Activity

In other news, CEO Gary C. Bhojwani sold 86,048 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $51.48, for a total transaction of $4,429,751.04. Following the sale, the chief executive officer owned 174,264 shares of the company’s stock, valued at $8,971,110.72. The trade was a 33.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CMO Rocco F. Tarasi III sold 5,750 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $50.00, for a total value of $287,500.00. Following the completion of the sale, the chief marketing officer owned 79,191 shares in the company, valued at approximately $3,959,550. This represents a 6.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 95,106 shares of company stock worth $4,879,343 over the last 90 days. 3.44% of the stock is currently owned by company insiders.

Key CNO Financial Group News

Here are the key news stories impacting CNO Financial Group this week:

• Positive Sentiment: Strong Q2 performance and improved outlook: CNO reported quarterly EPS of $1.26, well above the $0.97 consensus estimate, while revenue rose 11.6% year over year to $1.29 billion. The company also highlighted higher EPS guidance and share repurchases, potentially strengthening the investment case by supporting earnings growth and reducing the share count. Strong Q2 Results, Buybacks And Higher EPS Guidance
• Positive Sentiment: Analysts raised earnings forecasts: Dowling & Partners increased its estimates to $4.75 EPS for fiscal 2026, $5.10 for fiscal 2027 and $5.60 for fiscal 2028, up from prior forecasts. The revisions indicate greater confidence in CNO’s earnings trajectory and are above or near broader consensus expectations. CNO Financial Group analyst estimates
• Positive Sentiment: Higher price target: Keefe, Bruyette & Woods raised its price target for CNO to $57, providing additional support for the shares and signaling modest potential upside from recent trading levels. Keefe, Bruyette & Woods Boosts CNO Price Target
• Positive Sentiment: Quarterly dividend declared: CNO’s board approved a $0.18-per-share quarterly dividend, equivalent to $0.72 annually and an approximately 1.3% yield based on the referenced share price. The payment underscores ongoing capital returns, although the dividend itself is unlikely to be a major near-term catalyst. CNO Financial Group Declares Quarterly Dividend
• Neutral Sentiment: Brand visibility increased: The CNO Financial Indianapolis Monumental Marathon sold out its expanded field earlier than ever. The event may enhance local brand awareness, but it is unlikely to materially affect financial results or the stock. CNO Financial Indianapolis Monumental Marathon

About CNO Financial Group

CNO Financial Group is an Indiana‐based holding company that offers a range of insurance and retirement solutions through its operating subsidiaries. Its primary business activities include life insurance, annuities, and supplemental health insurance products designed to help individuals plan for retirement and manage health‐related expenses. The company serves middle‐income Americans, with particular emphasis on senior customers seeking guaranteed coverage and reliable income streams.

Originally founded as Conseco in 1979, the company underwent a financial restructuring and rebranded as CNO Financial Group in 2010.