PEAK6 LLC Purchases New Holdings in Unum Group $UNM

PEAK6 LLC acquired a new position in Unum Group (NYSE:UNM) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 33,576 shares of the financial services provider’s stock, valued at approximately $3,002,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Prosperity Consulting Group LLC lifted its holdings in shares of Unum Group by 1.6% during the first quarter. Prosperity Consulting Group LLC now owns 8,157 shares of the financial services provider’s stock valued at $596,000 after purchasing an additional 128 shares during the last quarter. D.A. Davidson & CO. grew its stake in shares of Unum Group by 1.9% in the 1st quarter. D.A. Davidson & CO. now owns 7,922 shares of the financial services provider’s stock worth $579,000 after buying an additional 144 shares during the last quarter. WPG Advisers LLC increased its position in Unum Group by 12.5% during the 2nd quarter. WPG Advisers LLC now owns 1,301 shares of the financial services provider’s stock valued at $116,000 after buying an additional 145 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Unum Group by 5.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,781 shares of the financial services provider’s stock valued at $218,000 after buying an additional 149 shares during the last quarter. Finally, Larson Financial Group LLC raised its stake in Unum Group by 0.4% during the fourth quarter. Larson Financial Group LLC now owns 37,864 shares of the financial services provider’s stock valued at $2,934,000 after buying an additional 159 shares during the last quarter. Institutional investors own 86.57% of the company’s stock.

Unum Group Trading Down 0.0%

Shares of NYSE:UNM opened at $87.75 on Monday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.34 and a quick ratio of 0.34. The company has a market cap of $13.89 billion, a P/E ratio of 20.45, a PEG ratio of 0.93 and a beta of 0.26. The stock’s fifty day moving average price is $89.38 and its 200-day moving average price is $81.73. Unum Group has a 1 year low of $68.70 and a 1 year high of $94.55.

Unum Group (NYSE:UNM) last announced its quarterly earnings results on Tuesday, July 28th. The financial services provider reported $2.16 EPS for the quarter, hitting analysts’ consensus estimates of $2.16. The firm had revenue of $3.39 billion during the quarter, compared to analyst estimates of $2.90 billion. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The business’s revenue for the quarter was up .3% on a year-over-year basis. During the same period in the previous year, the business posted $1.92 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Sell-side analysts expect that Unum Group will post 8.65 earnings per share for the current year.

Unum Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 24th were issued a dividend of $0.505 per share. This represents a $2.02 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, July 24th. This is a positive change from Unum Group’s previous quarterly dividend of $0.46. Unum Group’s payout ratio is currently 47.09%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on UNM shares. Keefe, Bruyette & Woods reduced their price target on Unum Group from $110.00 to $108.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Wells Fargo & Company increased their price objective on shares of Unum Group from $100.00 to $101.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. Jefferies Financial Group raised their price objective on shares of Unum Group from $117.00 to $123.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Wolfe Research dropped their target price on shares of Unum Group from $102.00 to $100.00 and set an “outperform” rating on the stock in a research note on Monday, July 6th. Finally, Truist Financial increased their price target on shares of Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $99.00.

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.