Insider Selling: Unum Group (NYSE:UNM) EVP Sells 12,000 Shares of Stock

Unum Group (NYSE:UNM) 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 completion of the transaction, the executive vice president directly owned 42,587 shares in the company, valued at $3,412,922.18. This represents a 21.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Unum Group Trading Up 0.5%

UNM stock traded up $0.42 during trading on Friday, hitting $80.80. The company had a trading volume of 1,473,548 shares, compared to its average volume of 1,609,908. The firm has a market capitalization of $13.01 billion, a P/E ratio of 17.57, a PEG ratio of 1.67 and a beta of 0.19. Unum Group has a 52-week low of $68.28 and a 52-week high of $83.13. The company has a 50 day simple moving average of $74.95 and a 200-day simple moving average of $75.74. The company has a quick ratio of 0.37, a current ratio of 0.35 and a debt-to-equity ratio of 0.35.

Unum Group (NYSE:UNM) last posted its quarterly earnings results 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. The company had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $2.91 billion. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The firm’s revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. As a group, research analysts forecast that Unum Group will post 8.72 earnings per share for the current fiscal year.

Unum Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Friday, April 24th. This represents a $1.84 dividend on an annualized basis and a yield of 2.3%. Unum Group’s dividend payout ratio (DPR) is 43.29%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of UNM. Brighton Jones LLC purchased a new position in shares of Unum Group in the 4th quarter worth approximately $247,000. EverSource Wealth Advisors LLC grew its position in shares of Unum Group by 157.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,851 shares of the financial services provider’s stock worth $149,000 after buying an additional 1,132 shares during the last quarter. Baird Financial Group Inc. grew its position in shares of Unum Group by 26.6% in the 2nd quarter. Baird Financial Group Inc. now owns 7,939 shares of the financial services provider’s stock worth $641,000 after buying an additional 1,666 shares during the last quarter. Brown Advisory Inc. grew its position in shares of Unum Group by 13.2% in the 2nd quarter. Brown Advisory Inc. now owns 6,445 shares of the financial services provider’s stock worth $520,000 after buying an additional 753 shares during the last quarter. Finally, Cresset Asset Management LLC grew its position in shares of Unum Group by 6.1% in the 2nd quarter. Cresset Asset Management LLC now owns 6,715 shares of the financial services provider’s stock worth $542,000 after buying an additional 386 shares during the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Analyst Ratings Changes

UNM has been the topic of a number of research reports. Weiss Ratings downgraded shares of Unum Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 27th. Keefe, Bruyette & Woods reissued a “moderate buy” rating and set a $95.00 target price on shares of Unum Group in a research report on Thursday, March 26th. Wall Street Zen raised shares of Unum Group from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. Jefferies Financial Group reissued a “buy” rating and set a $115.00 target price on shares of Unum Group in a research report on Monday, January 5th. Finally, Morgan Stanley cut their target price on shares of Unum Group from $85.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $93.17.

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.