Unum Group $UNM Shares Bought by Swedbank AB

Swedbank AB lifted its stake in shares of Unum Group (NYSE:UNM) by 148.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 467,505 shares of the financial services provider’s stock after purchasing an additional 279,233 shares during the quarter. Swedbank AB’s holdings in Unum Group were worth $36,232,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in UNM. Laurel Wealth Advisors LLC acquired a new position in shares of Unum Group during the 4th quarter worth $25,000. Triumph Capital Management acquired a new position in shares of Unum Group during the 3rd quarter worth $31,000. Ancora Advisors LLC grew its stake in shares of Unum Group by 385.2% during the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 339 shares during the period. Danske Bank A S acquired a new position in shares of Unum Group during the 3rd quarter worth $47,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Unum Group during the 4th quarter worth $48,000. 86.57% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Christopher W. Pyne sold 4,852 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $72.47, for a total value of $351,624.44. Following the sale, the executive vice president directly owned 52,268 shares in the company, valued at $3,787,861.96. The trade was a 8.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Elizabeth Claire Ahmed sold 12,000 shares of the business’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 completion of the sale, the executive vice president owned 42,587 shares in the company, valued at $3,412,922.18. This represents a 21.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 20,352 shares of company stock worth $1,568,804 in the last three months. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on UNM shares. Wells Fargo & Company upped their price target on shares of Unum Group from $99.00 to $100.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. lowered their price target on shares of Unum Group from $92.00 to $90.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. Morgan Stanley upped their price target on shares of Unum Group from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research note on Thursday. Truist Financial upped 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. Finally, Barclays reaffirmed an “overweight” rating on shares of Unum Group in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.83.

Unum Group Price Performance

Unum Group stock opened at $84.55 on Monday. Unum Group has a 52 week low of $68.28 and a 52 week high of $85.27. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.35. The firm’s 50-day simple moving average is $77.54 and its 200 day simple moving average is $76.40. The firm has a market capitalization of $13.51 billion, a PE ratio of 18.38, a P/E/G ratio of 0.86 and a beta of 0.24.

Unum Group (NYSE:UNM) last released its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, topping the consensus estimate of $2.07 by $0.07. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The business had revenue of $3.36 billion for the quarter, compared to analyst estimates of $2.91 billion. During the same period in the previous year, the firm earned $2.04 EPS. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. On average, equities research analysts predict that Unum Group will post 8.74 EPS for the current fiscal year.

Unum Group Dividend Announcement

The firm also recently disclosed 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 was Friday, April 24th. This represents a $1.84 annualized dividend and a dividend yield of 2.2%. Unum Group’s payout ratio is currently 40.00%.

Unum Group Company Profile

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.