Entropy Technologies LP Increases Stake in Unum Group $UNM

Entropy Technologies LP increased its holdings in Unum Group (NYSE:UNM) by 267.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 48,766 shares of the financial services provider’s stock after purchasing an additional 35,502 shares during the period. Entropy Technologies LP’s holdings in Unum Group were worth $3,779,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in UNM. Brighton Jones LLC purchased a new stake in shares of Unum Group in the 4th quarter valued at $247,000. EverSource Wealth Advisors LLC boosted its stake in shares of Unum Group by 157.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,851 shares of the financial services provider’s stock valued at $149,000 after purchasing an additional 1,132 shares in the last quarter. Baird Financial Group Inc. boosted its stake in shares of Unum Group by 26.6% in the 2nd quarter. Baird Financial Group Inc. now owns 7,939 shares of the financial services provider’s stock valued at $641,000 after purchasing an additional 1,666 shares in the last quarter. Brown Advisory Inc. boosted its stake in shares of Unum Group by 13.2% in the 2nd quarter. Brown Advisory Inc. now owns 6,445 shares of the financial services provider’s stock valued at $520,000 after purchasing an additional 753 shares in the last quarter. Finally, Cresset Asset Management LLC boosted its stake in shares of Unum Group by 6.1% in the 2nd quarter. Cresset Asset Management LLC now owns 6,715 shares of the financial services provider’s stock valued at $542,000 after purchasing an additional 386 shares in the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Unum Group Trading Down 0.2%

Shares of UNM opened at $92.55 on Monday. The stock has a market capitalization of $14.79 billion, a P/E ratio of 20.12, a PEG ratio of 0.94 and a beta of 0.24. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.35. The firm has a fifty day simple moving average of $81.34 and a two-hundred day simple moving average of $77.39. Unum Group has a twelve month low of $68.28 and a twelve month high of $92.97.

Unum Group (NYSE:UNM) last announced its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.07. The business had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $2.91 billion. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. On average, research analysts anticipate that Unum Group will post 8.76 EPS for the current year.

Unum Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were given a dividend of $0.46 per share. The ex-dividend date of this dividend was Friday, April 24th. This represents a $1.84 annualized dividend and a yield of 2.0%. Unum Group’s dividend payout ratio is presently 40.00%.

Insiders Place Their Bets

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $80.14, for a total value of $961,680.00. Following the completion of the transaction, the executive vice president directly owned 42,587 shares in the company, valued at approximately $3,412,922.18. This represents a 21.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on UNM shares. Keefe, Bruyette & Woods reaffirmed a “moderate buy” rating and issued a $95.00 price objective on shares of Unum Group in a research note on Thursday, March 26th. Zacks Research raised shares of Unum Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Wall Street Zen raised shares of Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Wells Fargo & Company increased their price target on shares of Unum Group from $99.00 to $100.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. 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 research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $93.83.

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.