ProShare Advisors LLC raised its position in shares of Horace Mann Educators Corporation (NYSE:HMN – Free Report) by 38.3% in the third quarter, HoldingsChannel.com reports. The firm owned 197,164 shares of the insurance provider’s stock after purchasing an additional 54,614 shares during the quarter. ProShare Advisors LLC’s holdings in Horace Mann Educators were worth $8,794,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in HMN. BlackRock Inc. bought a new stake in Horace Mann Educators in the second quarter worth approximately $304,006,000. Dimensional Fund Advisors LP lifted its position in Horace Mann Educators by 0.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,184,648 shares of the insurance provider’s stock valued at $93,243,000 after acquiring an additional 12,556 shares in the last quarter. Wasatch Advisors LP bought a new position in shares of Horace Mann Educators in the second quarter valued at approximately $72,363,000. Bank of America Corp DE bought a new position in Horace Mann Educators during the 2nd quarter valued at $29,287,000. Finally, Bank of New York Mellon Corp purchased a new position in Horace Mann Educators during the second quarter worth about $20,061,000. 99.28% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other Horace Mann Educators news, Director Perry Hines sold 3,237 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $52.22, for a total value of $169,036.14. Following the sale, the director owned 25,118 shares of the company’s stock, valued at $1,311,661.96. This trade represents a 11.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Donald Carley sold 2,054 shares of Horace Mann Educators stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $52.28, for a total value of $107,383.12. Following the sale, the general counsel owned 28,760 shares of the company’s stock, valued at approximately $1,503,572.80. This trade represents a 6.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 20,291 shares of company stock worth $1,005,488 in the last ninety days. 3.60% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
HMN has been the subject of a number of recent analyst reports. Weiss Ratings downgraded Horace Mann Educators from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Wednesday, October 28th. Wall Street Zen upgraded shares of Horace Mann Educators from a “hold” rating to a “buy” rating in a research report on Monday, October 12th. Zacks Research lowered Horace Mann Educators from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. Finally, Raymond James Financial reissued a “strong-buy” rating and issued a $59.00 price target on shares of Horace Mann Educators in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $59.00.
Get Our Latest Stock Analysis on HMN
Horace Mann Educators Stock Down 0.6%
HMN opened at $47.47 on Wednesday. The company has a fifty day moving average price of $47.59 and a 200-day moving average price of $46.91. The firm has a market capitalization of $1.92 billion, a P/E ratio of 11.09 and a beta of 0.09. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.08 and a quick ratio of 0.08. Horace Mann Educators Corporation has a one year low of $41.29 and a one year high of $55.56.
Horace Mann Educators (NYSE:HMN – Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The insurance provider reported $2.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.96. The company had revenue of $439.20 million for the quarter, compared to the consensus estimate of $320.00 million. Horace Mann Educators had a return on equity of 14.08% and a net margin of 10.15%. During the same quarter last year, the business posted $1.36 earnings per share. Equities research analysts expect that Horace Mann Educators Corporation will post 4.78 earnings per share for the current fiscal year.
Horace Mann Educators Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Wednesday, September 16th. Horace Mann Educators’s dividend payout ratio is currently 33.64%.
Key Headlines Impacting Horace Mann Educators
Here are the key news stories impacting Horace Mann Educators this week:
- Positive Sentiment: Q3 EPS was $2.06, well above analyst estimates of roughly $0.99–$1.10 and up from $1.36 a year earlier. Horace Mann Q3 earnings surpass estimates
- Positive Sentiment: HMN now expects 2026 core EPS of $5.75–$5.95, above FactSet’s $4.85 estimate, signaling stronger expected profitability. Horace Mann raises 2026 core EPS outlook
- Negative Sentiment: Quarterly revenue was $439.2 million and reportedly missed sales expectations, which could temper the positive reaction to the earnings beat and higher outlook. Horace Mann misses Q3 sales expectations
About Horace Mann Educators
Horace Mann Educators Corporation (NYSE: HMN) is an insurance and financial services company focused on serving educators and employees of public schools. The company provides products designed to address the personal insurance, life insurance and retirement needs of educators, school administrators and other education professionals.
Its offerings include automobile and homeowners insurance, life insurance, supplemental insurance products and retirement annuities. Horace Mann also provides retirement planning resources and other financial services intended to help educators prepare for retirement and manage their long-term financial needs.
Founded in 1945, the company is headquartered in Springfield, Illinois, and markets its products primarily through a network of agents serving the education community across the United States.
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