Unum Group (NYSE:UNM) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Analysts give Unum Group a “Moderate Buy” consensus: Eight of 14 analysts recommend buying the stock, while six rate it a hold. The average 12-month price target is $99.42.
• Unum reported quarterly earnings of $2.16 per share, matching estimates, while revenue reached $3.39 billion and rose slightly year over year. Management guided to fiscal 2026 EPS of $8.60–$8.90.
• The company raised its quarterly dividend to $0.505 per share and authorized a $1 billion share-repurchase program covering up to 7% of outstanding shares.

Unum Group (NYSE:UNM - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the fourteen research firms that are presently covering the company, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $99.4167.

Several brokerages have recently issued reports on UNM. Keefe, Bruyette & Woods reduced their price objective on Unum Group from $110.00 to $108.00 and set an "outperform" rating for the company in a research note on Thursday, July 30th. Atlantic Securities set a $88.00 price objective on shares of Unum Group in a research note on Wednesday, July 15th. Evercore reaffirmed an "outperform" rating and issued a $106.00 price objective on shares of Unum Group in a report on Tuesday, July 7th. Weiss Ratings raised shares of Unum Group from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, July 28th. Finally, Morgan Stanley upped their price target on shares of Unum Group from $87.00 to $92.00 and gave the company an "equal weight" rating in a report on Monday, August 24th.

Insider Buying and Selling

In other Unum Group news, EVP Lisa Iglesias sold 4,000 shares of Unum Group stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $94.44, for a total value of $377,760.00. Following the completion of the transaction, the executive vice president owned 25,453 shares of the company's stock, valued at approximately $2,403,781.32. The trade was a 13.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Timothy F. Keaney sold 4,300 shares of the company's stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $94.02, for a total transaction of $404,286.00. Following the completion of the transaction, the director owned 36,502 shares of the company's stock, valued at approximately $3,431,918.04. This trade represents a 10.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 10,488 shares of company stock valued at $988,396. Corporate insiders own 1.00% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Tidal Investments LLC boosted its stake in shares of Unum Group by 87.0% in the second quarter. Tidal Investments LLC now owns 14,062 shares of the financial services provider's stock worth $1,257,000 after acquiring an additional 6,544 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in Unum Group by 11.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 11,810 shares of the financial services provider's stock worth $1,056,000 after purchasing an additional 1,181 shares in the last quarter. RFG Advisory LLC purchased a new position in Unum Group in the 2nd quarter worth approximately $203,000. NewEdge Advisors LLC boosted its holdings in shares of Unum Group by 10.4% during the 2nd quarter. NewEdge Advisors LLC now owns 6,230 shares of the financial services provider's stock worth $557,000 after purchasing an additional 585 shares during the last quarter. Finally, Baird Financial Group Inc. grew its position in shares of Unum Group by 107.4% in the second quarter. Baird Financial Group Inc. now owns 15,016 shares of the financial services provider's stock valued at $1,342,000 after purchasing an additional 7,775 shares in the last quarter. Hedge funds and other institutional investors own 86.57% of the company's stock.

Unum Group Stock Down 1.2%

NYSE:UNM opened at $94.73 on Thursday. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35. Unum Group has a twelve month low of $69.02 and a twelve month high of $96.77. The company has a market cap of $15.00 billion, a PE ratio of 22.08, a P/E/G ratio of 1.01 and a beta of 0.27. The company's 50 day moving average is $90.51 and its two-hundred day moving average is $84.32.

Unum Group (NYSE:UNM - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $2.16. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The business had revenue of $3.39 billion during the quarter, compared to analysts' expectations of $2.90 billion. During the same quarter last year, the company posted $1.92 earnings per share. The business's quarterly revenue was up .3% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Analysts anticipate that Unum Group will post 8.64 EPS for the current year.

Unum Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 24th were issued a $0.505 dividend. The ex-dividend date of this dividend was Friday, July 24th. This is a boost from Unum Group's previous quarterly dividend of $0.46. This represents a $2.02 dividend on an annualized basis and a yield of 2.1%. Unum Group's dividend payout ratio is presently 47.09%.

Unum Group announced that its board has approved a stock buyback program on Wednesday, August 26th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to reacquire up to 7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's management believes its stock is undervalued.

About Unum Group

Unum Group is an insurance company that provides financial protection and employee benefits through workplace and individual products. Its offerings include disability insurance, life insurance, accident insurance, critical illness coverage, and related benefits designed to help individuals and families manage income loss and other financial risks.

The company serves employers, employees, and individual customers primarily in the United States, the United Kingdom, and Ireland. Its products are distributed through employers, insurance brokers, benefits advisers, and other intermediaries.

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