AlphaQuest LLC Increases Holdings in Horace Mann Educators Corporation $HMN

AlphaQuest LLC lifted its position in Horace Mann Educators Corporation (NYSE:HMN) by 76.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,247 shares of the insurance provider’s stock after purchasing an additional 21,721 shares during the period. AlphaQuest LLC’s holdings in Horace Mann Educators were worth $2,320,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of HMN. Aster Capital Management DIFC Ltd bought a new position in Horace Mann Educators in the third quarter worth approximately $29,000. Smartleaf Asset Management LLC increased its position in shares of Horace Mann Educators by 49.7% during the third quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock worth $31,000 after purchasing an additional 232 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Horace Mann Educators by 222.3% during the second quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock worth $39,000 after purchasing an additional 627 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of Horace Mann Educators by 181.5% during the second quarter. Osaic Holdings Inc. now owns 1,326 shares of the insurance provider’s stock worth $57,000 after purchasing an additional 855 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Horace Mann Educators during the third quarter worth $117,000. Institutional investors own 99.28% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Horace Mann Educators in a research report on Monday, April 27th. Wall Street Zen lowered shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Horace Mann Educators currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.50.

Insider Transactions at Horace Mann Educators

In related news, CEO Marita Zuraitis sold 7,500 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $46.16, for a total value of $346,200.00. Following the transaction, the chief executive officer directly owned 322,812 shares of the company’s stock, valued at approximately $14,901,001.92. This trade represents a 2.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Beverley J. Mcclure sold 1,081 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $42.54, for a total transaction of $45,985.74. Following the completion of the transaction, the director directly owned 14,797 shares in the company, valued at $629,464.38. This represents a 6.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 16,081 shares of company stock worth $738,329 over the last ninety days. 3.60% of the stock is currently owned by corporate insiders.

Horace Mann Educators Trading Up 1.5%

HMN stock opened at $47.52 on Wednesday. The company’s 50-day simple moving average is $44.50 and its 200-day simple moving average is $44.47. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.40. Horace Mann Educators Corporation has a 52-week low of $40.04 and a 52-week high of $48.33. The firm has a market cap of $1.92 billion, a P/E ratio of 11.94 and a beta of 0.11.

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

Horace Mann Educators Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, June 15th. Horace Mann Educators’s dividend payout ratio is presently 36.18%.

Horace Mann Educators Company Profile

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.