Insider Selling: Horace Mann Educators (NYSE:HMN) CEO Sells $394,650.00 in Stock

Horace Mann Educators Corporation (NYSE:HMN) CEO Marita Zuraitis sold 7,500 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $52.62, for a total transaction of $394,650.00. Following the completion of the transaction, the chief executive officer owned 314,629 shares in the company, valued at approximately $16,555,777.98. The trade was a 2.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Marita Zuraitis also recently made the following trade(s):

• On Tuesday, June 2nd, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.25, for a total transaction of $346,875.00.
• On Tuesday, May 19th, Marita Zuraitis sold 14 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.15, for a total transaction of $646.10.
• On Wednesday, May 6th, Marita Zuraitis sold 2 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.15, for a total transaction of $92.30.
• On Tuesday, May 5th, Marita Zuraitis sold 403 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.02, for a total transaction of $18,546.06.
• On Monday, May 4th, Marita Zuraitis sold 266 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.16, for a total transaction of $12,278.56.
• On Friday, May 1st, Marita Zuraitis sold 6,815 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.16, for a total value of $314,580.40.
• On Thursday, April 23rd, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.16, for a total value of $346,200.00.

Horace Mann Educators Trading Up 0.1%

HMN opened at $53.89 on Friday. The stock’s fifty day moving average is $47.52 and its two-hundred day moving average is $45.16. The company has a market capitalization of $2.18 billion, a P/E ratio of 13.54 and a beta of 0.09. Horace Mann Educators Corporation has a 52 week low of $40.04 and a 52 week high of $54.25. 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 (NYSE:HMN) last issued its earnings results on Friday, May 8th. The insurance provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.18. Horace Mann Educators had a return on equity of 14.15% and a net margin of 9.63%.The business had revenue of $429.30 million during the quarter, compared to analysts’ expectations of $319.10 million. During the same period in the prior year, the business earned $1.07 EPS. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. Analysts forecast that Horace Mann Educators Corporation will post 4.49 earnings per share for the current year.

Horace Mann Educators Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.36 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.44 dividend on an annualized basis and a yield of 2.7%. Horace Mann Educators’s dividend payout ratio is 36.18%.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, Horace Mann Educators presently has a consensus rating of “Strong Buy” and an average price target of $48.00.

Institutional Trading of Horace Mann Educators

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Versant Capital Management Inc increased its holdings in shares of Horace Mann Educators by 69.1% in the 2nd quarter. Versant Capital Management Inc now owns 1,934 shares of the insurance provider’s stock valued at $100,000 after acquiring an additional 790 shares during the period. Empowered Funds LLC boosted its position in Horace Mann Educators by 2.7% during the first quarter. Empowered Funds LLC now owns 194,776 shares of the insurance provider’s stock valued at $8,313,000 after purchasing an additional 5,200 shares in the last quarter. Edgestream Partners L.P. boosted its position in Horace Mann Educators by 621.0% during the first quarter. Edgestream Partners L.P. now owns 163,101 shares of the insurance provider’s stock valued at $6,961,000 after purchasing an additional 140,481 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Horace Mann Educators by 24.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,189 shares of the insurance provider’s stock valued at $51,000 after purchasing an additional 234 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in Horace Mann Educators by 390.4% in the first quarter. Royal Bank of Canada now owns 39,484 shares of the insurance provider’s stock worth $1,685,000 after purchasing an additional 31,432 shares in the last quarter. Institutional investors own 99.28% of the company’s stock.

About Horace Mann Educators

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.