Edgestream Partners L.P. Acquires 140,481 Shares of Horace Mann Educators Corporation $HMN

Edgestream Partners L.P. increased its holdings in shares of Horace Mann Educators Corporation (NYSE:HMN) by 621.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 163,101 shares of the insurance provider’s stock after buying an additional 140,481 shares during the quarter. Edgestream Partners L.P.’s holdings in Horace Mann Educators were worth $6,961,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in Horace Mann Educators by 24.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,189 shares of the insurance provider’s stock valued at $51,000 after acquiring an additional 234 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Horace Mann Educators by 390.4% in the first quarter. Royal Bank of Canada now owns 39,484 shares of the insurance provider’s stock worth $1,685,000 after acquiring an additional 31,432 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Horace Mann Educators by 2.7% in the first quarter. Empowered Funds LLC now owns 194,776 shares of the insurance provider’s stock worth $8,313,000 after acquiring an additional 5,200 shares during the last quarter. Quantinno Capital Management LP boosted its stake in shares of Horace Mann Educators by 225.2% in the 1st quarter. Quantinno Capital Management LP now owns 73,627 shares of the insurance provider’s stock valued at $3,142,000 after purchasing an additional 50,984 shares in the last quarter. Finally, Entropy Technologies LP acquired a new stake in shares of Horace Mann Educators in the 1st quarter valued at approximately $254,000. 99.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Horace Mann Educators

In other Horace Mann Educators news, CEO Marita Zuraitis sold 7,500 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $52.62, for a total value of $394,650.00. Following the completion of the sale, the chief executive officer directly owned 314,629 shares in the company, valued at approximately $16,555,777.98. This trade represents a 2.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 15,685 shares of company stock valued at $773,088. Insiders own 3.60% of the company’s stock.

Horace Mann Educators Stock Down 0.5%

Shares of HMN opened at $51.98 on Friday. The stock’s 50-day moving average price is $50.09 and its two-hundred day moving average price is $45.99. Horace Mann Educators Corporation has a 12 month low of $41.01 and a 12 month high of $55.56. The company has a market capitalization of $2.10 billion, a PE ratio of 13.06 and a beta of 0.09. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.40.

Horace Mann Educators (NYSE:HMN) last issued its quarterly earnings results on Friday, May 8th. The insurance provider reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.18. Horace Mann Educators had a return on equity of 14.15% and a net margin of 9.63%.The company had revenue of $429.30 million during the quarter, compared to analysts’ expectations of $319.10 million. During the same quarter in the prior year, the firm posted $1.07 earnings per share. The business’s quarterly revenue was up 3.1% on a year-over-year basis. On average, analysts anticipate that Horace Mann Educators Corporation will post 4.49 EPS for the current year.

Horace Mann Educators Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.44 annualized dividend and a dividend yield of 2.8%. Horace Mann Educators’s dividend payout ratio (DPR) is 36.18%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

About Horace Mann Educators

Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.

In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.