Horace Mann Educators Corporation $HMN Shares Sold by Brown Advisory Inc.

Brown Advisory Inc. cut its holdings in shares of Horace Mann Educators Corporation (NYSE:HMN) by 7.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 879,683 shares of the insurance provider’s stock after selling 68,071 shares during the period. Brown Advisory Inc.’s holdings in Horace Mann Educators were worth $40,624,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Horace Mann Educators by 1.6% during the third quarter. Vanguard Group Inc. now owns 5,007,719 shares of the insurance provider’s stock worth $226,199,000 after buying an additional 78,079 shares during the period. State Street Corp boosted its position in shares of Horace Mann Educators by 4.7% during the fourth quarter. State Street Corp now owns 1,697,576 shares of the insurance provider’s stock worth $78,394,000 after buying an additional 76,295 shares during the period. Geode Capital Management LLC raised its holdings in Horace Mann Educators by 2.8% during the fourth quarter. Geode Capital Management LLC now owns 1,042,622 shares of the insurance provider’s stock worth $48,156,000 after purchasing an additional 28,763 shares in the last quarter. American Century Companies Inc. raised its holdings in Horace Mann Educators by 13.3% during the third quarter. American Century Companies Inc. now owns 829,376 shares of the insurance provider’s stock worth $37,463,000 after purchasing an additional 97,366 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Horace Mann Educators by 1.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 744,369 shares of the insurance provider’s stock worth $33,623,000 after purchasing an additional 11,411 shares in the last quarter. 99.28% of the stock is currently owned by institutional investors and hedge funds.

Horace Mann Educators Price Performance

NYSE HMN opened at $48.30 on Tuesday. The stock has a market capitalization of $1.95 billion, a P/E ratio of 12.14 and a beta of 0.11. Horace Mann Educators Corporation has a 1 year low of $40.04 and a 1 year high of $49.60. The business’s fifty day moving average is $45.76 and its two-hundred day moving average is $44.59. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.08 and a current ratio of 0.08.

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

Horace Mann Educators Announces Dividend

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

Insider Buying and Selling at Horace Mann Educators

In other Horace Mann Educators news, Director Beverley J. Mcclure sold 1,081 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $42.54, for a total value of $45,985.74. Following the transaction, the director owned 14,797 shares of the company’s stock, valued at approximately $629,464.38. This represents a 6.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Marita Zuraitis sold 7,500 shares of the company’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $46.16, for a total value of $346,200.00. Following the completion of the transaction, the chief executive officer directly owned 322,812 shares in the company, valued at $14,901,001.92. This represents a 2.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 23,581 shares of company stock worth $1,085,204 in the last ninety days. 3.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Horace Mann Educators from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, June 1st. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.50.

Horace Mann Educators 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.