Healthcare of Ontario Pension Plan Trust Fund Buys New Shares in Unum Group $UNM

Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Unum Group (NYSE:UNM) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 77,928 shares of the financial services provider’s stock, valued at approximately $5,691,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC acquired a new position in shares of Unum Group during the 4th quarter valued at about $25,000. SHP Wealth Management acquired a new stake in shares of Unum Group in the fourth quarter worth approximately $25,000. MBM Wealth Consultants LLC acquired a new stake in shares of Unum Group in the first quarter worth approximately $29,000. Triumph Capital Management acquired a new stake in shares of Unum Group in the third quarter worth approximately $31,000. Finally, Ancora Advisors LLC grew its holdings in Unum Group by 385.2% in the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 339 shares during the period. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Key Stories Impacting Unum Group

Here are the key news stories impacting Unum Group this week:

• Positive Sentiment: Unum reported second-quarter adjusted operating earnings of $2.16 per share, in line with consensus and above the prior-year figure of $1.92. Revenue of approximately $3.37 billion-$3.39 billion exceeded estimates of roughly $2.90 billion, helped by premium growth and strong performance in core insurance businesses. UNM Q2 Earnings and Revenues Beat Estimates on Solid Premium Growth
• Positive Sentiment: Premium income increased to $2.82 billion from $2.75 billion a year earlier. Unum also repurchased 2.5 million shares for $202.1 million during the quarter, supporting per-share results and signaling continued capital returns. The company reported strong liquidity and an estimated 480% risk-based capital ratio. Unum Reports Q2 Net Income of $256.9 Million as Revenue Hits $3.37 Billion
• Neutral Sentiment: Some valuation commentary suggests UNM may be about 14% undervalued based on earnings and buybacks, potentially providing longer-term support if operating execution remains strong. Unum Group Could Be 14% Undervalued
• Negative Sentiment: Unum’s FY 2026 adjusted operating EPS guidance of $8.60-$8.90 has a midpoint of $8.75, below the approximately $8.78 consensus estimate. The cautious outlook appears to have outweighed the quarterly beats. Unum Stock Dips as 2026 Guidance Trails Consensus
• Negative Sentiment: GAAP net income fell to $256.9 million, or $1.61 per diluted share, from $335.6 million, or $1.92 per share, a year earlier. Lower investment income and higher costs also weighed on results, raising concerns about earnings quality and future profitability. Unum Reports Q2 Earnings: Key Metrics

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of Unum Group from $90.00 to $101.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. UBS Group set a $94.00 price objective on shares of Unum Group in a research note on Tuesday, July 7th. Wolfe Research cut their target price on Unum Group from $102.00 to $100.00 and set an “outperform” rating on the stock in a research report on Monday, July 6th. Bank of America reduced their target price on Unum Group from $83.00 to $77.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Finally, Zacks Research raised Unum Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $98.17.

Unum Group Trading Down 5.0%

Shares of UNM stock opened at $83.50 on Thursday. The stock has a market cap of $13.34 billion, a price-to-earnings ratio of 19.46, a price-to-earnings-growth ratio of 0.92 and a beta of 0.25. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.35. Unum Group has a fifty-two week low of $68.28 and a fifty-two week high of $93.21. The firm’s 50 day moving average price is $88.06 and its two-hundred day moving average price is $80.22.

Unum Group (NYSE:UNM) last released its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.16. Unum Group had a net margin of 5.26% and a return on equity of 12.56%. The company had revenue of $3.39 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the prior year, the business earned $1.92 earnings per share. The business’s quarterly revenue was up .3% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. On average, analysts anticipate that Unum Group will post 8.74 EPS for the current year.

Unum Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 24th will be issued a $0.505 dividend. The ex-dividend date is Friday, July 24th. This represents a $2.02 annualized dividend and a yield of 2.4%. This is an increase from Unum Group’s previous quarterly dividend of $0.46. Unum Group’s payout ratio is currently 47.09%.

Unum Group 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.