Unum Group $UNM Shares Bought by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC raised its stake in Unum Group (NYSE:UNM) by 20.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 211,266 shares of the financial services provider’s stock after acquiring an additional 35,267 shares during the quarter. Brandywine Global Investment Management LLC’s holdings in Unum Group were worth $16,373,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Norges Bank acquired a new position in Unum Group in the fourth quarter valued at approximately $1,108,919,000. First Trust Advisors LP lifted its holdings in Unum Group by 4.0% in the third quarter. First Trust Advisors LP now owns 5,734,937 shares of the financial services provider’s stock valued at $446,063,000 after acquiring an additional 223,095 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Unum Group by 5.0% in the third quarter. Dimensional Fund Advisors LP now owns 3,777,880 shares of the financial services provider’s stock valued at $293,837,000 after acquiring an additional 179,401 shares during the period. AQR Capital Management LLC lifted its holdings 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 valued at $181,622,000 after acquiring an additional 607,684 shares during the period. Finally, UBS Group AG lifted its holdings in Unum Group by 5.4% in the fourth quarter. UBS Group AG now owns 1,356,916 shares of the financial services provider’s stock valued at $105,161,000 after acquiring an additional 68,957 shares during the period. 86.57% of the stock is owned by institutional investors and hedge funds.

Unum Group Trading Up 0.3%

Shares of UNM stock opened at $87.08 on Tuesday. 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 company has a market cap of $13.91 billion, a price-to-earnings ratio of 18.93, a PEG ratio of 0.88 and a beta of 0.24. The stock has a 50 day simple moving average of $79.93 and a 200-day simple moving average of $76.97. Unum Group has a 1-year low of $68.28 and a 1-year high of $87.81.

Unum Group (NYSE:UNM) last issued its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $2.14 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 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 revenue for the quarter 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 research analysts expect that Unum Group will post 8.76 EPS for the current fiscal year.

Unum Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors 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 was Friday, April 24th. Unum Group’s payout ratio is presently 40.00%.

Insider Activity at Unum Group

In related news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the business’s stock in a transaction that occurred on 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 sale, the executive vice president directly owned 42,587 shares in the company, valued at approximately $3,412,922.18. The trade was a 21.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Christopher W. Pyne sold 4,852 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $72.47, for a total value of $351,624.44. Following the sale, the executive vice president owned 52,268 shares of the company’s stock, valued at $3,787,861.96. The trade was a 8.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on UNM. Truist Financial boosted their price target on Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Wall Street Zen raised Unum Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Morgan Stanley upped their target price on Unum Group from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 21st. Weiss Ratings raised Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. Finally, Zacks Research raised Unum Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. One equities research 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’s stock. According to MarketBeat, Unum Group has a consensus rating of “Moderate Buy” and a consensus price target of $93.83.

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.