Dimensional Fund Advisors LP Acquires 292,670 Shares of Unum Group $UNM

Dimensional Fund Advisors LP increased its holdings in Unum Group (NYSE:UNM) by 7.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,084,382 shares of the financial services provider’s stock after purchasing an additional 292,670 shares during the period. Dimensional Fund Advisors LP’s holdings in Unum Group were worth $298,287,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Laurel Wealth Advisors LLC purchased a new position in Unum Group during the fourth quarter valued at $25,000. SHP Wealth Management purchased a new stake in Unum Group in the 4th quarter worth $25,000. MBM Wealth Consultants LLC purchased a new position in shares of Unum Group during the first quarter valued at about $29,000. Triumph Capital Management purchased a new stake in shares of Unum Group in the third quarter worth about $31,000. Finally, Ancora Advisors LLC boosted its stake in Unum Group by 385.2% during the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock valued at $33,000 after buying an additional 339 shares during the last quarter. Institutional investors own 86.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on UNM. JPMorgan Chase & Co. raised their target price on shares of Unum Group from $90.00 to $101.00 and gave the company a “neutral” rating in a report on Tuesday. Weiss Ratings upgraded Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Wall Street Zen raised shares of Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. UBS Group set a $94.00 target price on Unum Group in a research report on Tuesday, July 7th. Finally, Evercore reaffirmed an “outperform” rating and issued a $106.00 price target on shares of Unum Group in a research report on Tuesday, July 7th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $98.17.

Insider Buying and Selling at Unum Group

In other news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the business’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 sale, the executive vice president owned 42,587 shares in the company, valued at approximately $3,412,922.18. The trade was a 21.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.

Unum Group Stock Performance

Shares of UNM opened at $87.77 on Thursday. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. The firm has a market cap of $14.02 billion, a PE ratio of 19.08, a P/E/G ratio of 0.88 and a beta of 0.25. Unum Group has a 12 month low of $68.28 and a 12 month high of $93.21. The stock has a fifty day moving average price of $87.68 and a 200-day moving average price of $79.96.

Unum Group (NYSE:UNM) last announced its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.07. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The firm had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $2.91 billion. During the same period in the previous year, the business earned $2.04 EPS. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Equities research analysts predict that Unum Group will post 8.75 earnings per share for the current fiscal year.

Unum Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 24th will be issued a $0.505 dividend. This is a boost from Unum Group’s previous quarterly dividend of $0.46. This represents a $2.02 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, July 24th. Unum Group’s dividend payout ratio is 40.00%.

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.