Fifth Third Bancorp Grows Stock Holdings in Horace Mann Educators Corporation $HMN

Fifth Third Bancorp increased its holdings in shares of Horace Mann Educators Corporation (NYSE:HMN) by 31,633.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,955 shares of the insurance provider’s stock after buying an additional 33,848 shares during the quarter. Fifth Third Bancorp’s holdings in Horace Mann Educators were worth $1,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted its stake in shares of Horace Mann Educators by 222.3% during the second quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock worth $39,000 after buying an additional 627 shares during the period. Kemnay Advisory Services Inc. acquired a new position in shares of Horace Mann Educators in the 4th quarter valued at $51,000. Los Angeles Capital Management LLC acquired a new position in shares of Horace Mann Educators in the 4th quarter valued at $51,000. Osaic Holdings Inc. raised its stake in Horace Mann Educators by 181.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,326 shares of the insurance provider’s stock worth $57,000 after acquiring an additional 855 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its stake in Horace Mann Educators by 10,953.8% in the 4th quarter. Quadrant Capital Group LLC now owns 1,437 shares of the insurance provider’s stock worth $66,000 after acquiring an additional 1,424 shares during the last quarter. 99.28% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Marita Zuraitis sold 7,500 shares of the firm’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 transaction, the chief executive officer owned 314,629 shares of the company’s stock, valued at $16,555,777.98. This trade represents a 2.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 22,500 shares of company stock worth $1,087,668. 3.60% of the stock is owned by corporate insiders.

Horace Mann Educators Stock Performance

Shares of HMN stock opened at $51.31 on Friday. Horace Mann Educators Corporation has a one year low of $40.54 and a one year high of $55.56. The firm’s 50 day moving average price is $49.50 and its 200-day moving average price is $45.74. The firm has a market cap of $2.07 billion, a P/E ratio of 12.89 and a beta of 0.09. 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 announced its quarterly earnings data 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. 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 for the quarter, compared to analysts’ expectations of $319.10 million. During the same period last year, the firm earned $1.07 earnings per share. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. As a group, equities research analysts predict that Horace Mann Educators Corporation will post 4.49 EPS for the current year.

Horace Mann Educators Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Monday, June 15th. Horace Mann Educators’s dividend payout ratio is presently 36.18%.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to MarketBeat.com, Horace Mann Educators has a consensus rating of “Strong Buy” and a consensus price target of $48.00.

Horace Mann Educators Company 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.