Unum Group (NYSE:UNM) Posts Quarterly Earnings Results, Hits Estimates

Unum Group (NYSE:UNM) posted its earnings results on Tuesday. The financial services provider reported $2.16 EPS for the quarter, meeting the consensus estimate of $2.16, FiscalAI reports. The company had revenue of $3.39 billion for the quarter, compared to the consensus estimate of $2.91 billion. Unum Group had a return on equity of 12.60% and a net margin of 5.86%. Unum Group updated its FY 2026 guidance to 8.600-8.900 EPS.

Unum Group Stock Up 1.8%

Shares of Unum Group stock traded up $1.57 during trading on Tuesday, reaching $87.99. 1,714,453 shares of the company traded hands, compared to its average volume of 1,505,346. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.35 and a quick ratio of 0.35. The company has a 50 day moving average price of $87.95 and a 200-day moving average price of $80.13. The firm has a market capitalization of $14.06 billion, a PE ratio of 19.13, a P/E/G ratio of 0.86 and a beta of 0.25. Unum Group has a 1-year low of $68.28 and a 1-year high of $93.21.

Unum Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 24th will be given a dividend of $0.505 per share. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, July 24th. This is a boost from Unum Group’s previous quarterly dividend of $0.46. Unum Group’s dividend payout ratio is presently 43.91%.

Insider Transactions at Unum Group

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $80.14, for a total value of $961,680.00. Following the completion of the sale, the executive vice president owned 42,587 shares of the company’s stock, valued at approximately $3,412,922.18. This trade represents a 21.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Brighton Jones LLC acquired a new position in Unum Group during the 4th quarter valued at about $247,000. Empowered Funds LLC bought a new position in shares of Unum Group in the fourth quarter valued at approximately $169,000. Danske Bank A S purchased a new position in shares of Unum Group during the third quarter valued at approximately $47,000. EP Wealth Advisors LLC purchased a new position in shares of Unum Group during the fourth quarter valued at approximately $791,000. Finally, Magnetar Financial LLC bought a new stake in Unum Group during the fourth quarter worth $597,000. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Barclays lifted their target price on Unum Group from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Weiss Ratings raised shares of Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Wolfe Research cut their target price on Unum Group from $102.00 to $100.00 and set an “outperform” rating for the company in a research note on Monday, July 6th. Wall Street Zen raised shares of Unum Group from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. Finally, Bank of America cut their price objective on Unum Group from $83.00 to $77.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $98.17.

Unum Group Company 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.