Unum Group $UNM Shares Purchased by Corient Private Wealth LLC

Corient Private Wealth LLC boosted its position in shares of Unum Group (NYSE:UNM) by 7.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 140,209 shares of the financial services provider’s stock after purchasing an additional 9,252 shares during the period. Corient Private Wealth LLC owned approximately 0.09% of Unum Group worth $10,867,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of UNM. Norges Bank acquired a new stake in shares of Unum Group during the 4th quarter worth approximately $1,108,919,000. Zurich Insurance Group Ltd FI acquired a new position in Unum Group in the fourth quarter valued at approximately $58,860,000. Alyeska Investment Group L.P. grew its position in Unum Group by 365.3% in the fourth quarter. Alyeska Investment Group L.P. now owns 930,534 shares of the financial services provider’s stock worth $72,116,000 after acquiring an additional 730,534 shares during the period. AQR Capital Management LLC grew its position in Unum Group by 35.1% in the third quarter. AQR Capital Management LLC now owns 2,339,289 shares of the financial services provider’s stock worth $181,622,000 after acquiring an additional 607,684 shares during the period. Finally, Two Sigma Investments LP grew its position in Unum Group by 127.3% in the third quarter. Two Sigma Investments LP now owns 864,485 shares of the financial services provider’s stock worth $67,240,000 after acquiring an additional 484,107 shares during the period. 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 commented on UNM shares. Wall Street Zen upgraded Unum Group from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. Zacks Research upgraded Unum Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. UBS Group raised their price objective on Unum Group from $81.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. Bank of America reduced their price objective on shares of Unum Group from $83.00 to $77.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Finally, Morgan Stanley upped their target price on shares of Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Unum Group has an average rating of “Moderate Buy” and a consensus target price of $93.83.

Insider Activity

In other news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the firm’s stock in a transaction that occurred 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 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Unum Group Trading Down 2.8%

Shares of NYSE UNM opened at $88.75 on Thursday. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $14.18 billion, a PE ratio of 19.29, a PEG ratio of 0.93 and a beta of 0.24. Unum Group has a twelve month low of $68.28 and a twelve month high of $93.21. The stock has a fifty day simple moving average of $83.71 and a 200-day simple moving average of $78.27.

Unum Group (NYSE:UNM) last posted its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $3.36 billion for the quarter, compared to analyst estimates of $2.91 billion. During the same quarter in the prior year, the company earned $2.04 EPS. Unum Group’s revenue was up 8.5% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. On average, equities analysts forecast that Unum Group will post 8.76 earnings per share for the current year.

Unum Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, April 24th. Unum Group’s dividend payout ratio is currently 40.00%.

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.