CPC Advisors LLC Decreases Position in Unum Group $UNM

CPC Advisors LLC lessened its stake in Unum Group (NYSE:UNM) by 51.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 29,427 shares of the financial services provider’s stock after selling 31,625 shares during the quarter. CPC Advisors LLC’s holdings in Unum Group were worth $2,149,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. OneDigital Investment Advisors LLC grew its holdings in Unum Group by 4.2% during the third quarter. OneDigital Investment Advisors LLC now owns 3,484 shares of the financial services provider’s stock valued at $271,000 after purchasing an additional 141 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of Unum Group by 5.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,781 shares of the financial services provider’s stock valued at $218,000 after buying an additional 149 shares during the period. Larson Financial Group LLC raised its stake in shares of Unum Group by 0.4% in the fourth quarter. Larson Financial Group LLC now owns 37,864 shares of the financial services provider’s stock valued at $2,934,000 after buying an additional 159 shares during the period. Laird Norton Wetherby Wealth Management LLC lifted its position in shares of Unum Group by 1.2% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 13,709 shares of the financial services provider’s stock valued at $1,066,000 after buying an additional 165 shares during the last quarter. Finally, First Citizens Bank & Trust Co. lifted its position in shares of Unum Group by 0.8% during the 4th quarter. First Citizens Bank & Trust Co. now owns 21,140 shares of the financial services provider’s stock valued at $1,638,000 after buying an additional 165 shares during the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Unum Group Price Performance

Unum Group stock opened at $90.01 on Monday. Unum Group has a one year low of $68.28 and a one year high of $93.21. The business has a fifty day moving average price of $82.90 and a 200-day moving average price of $77.92. 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 firm has a market capitalization of $14.38 billion, a P/E ratio of 19.57, a PEG ratio of 0.91 and a beta of 0.24.

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. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The company had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $2.91 billion. During the same period in the previous year, the business earned $2.04 earnings per share. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. As a group, equities research analysts forecast that Unum Group will post 8.76 EPS for the current year.

Unum Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were paid a $0.46 dividend. The ex-dividend date was Friday, April 24th. This represents a $1.84 annualized dividend and a yield of 2.0%. Unum Group’s dividend payout ratio (DPR) is currently 40.00%.

Insiders Place Their Bets

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of Unum Group 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 completion of the transaction, the executive vice president owned 42,587 shares of the company’s stock, valued at $3,412,922.18. The trade was a 21.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is owned by insiders.

Analyst Ratings Changes

UNM has been the subject of several research reports. Truist Financial increased their price target on Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Keefe, Bruyette & Woods reaffirmed a “moderate buy” rating and set a $95.00 price objective on shares of Unum Group in a report on Thursday, March 26th. Morgan Stanley upped their price objective on shares of Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. Weiss Ratings upgraded shares of Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Finally, Zacks Research upgraded shares of Unum Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $93.83.

About Unum Group

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.