197,332 Shares in Horace Mann Educators Corporation $HMN Acquired by Empowered Funds LLC

Key Points

• Empowered Funds LLC acquired 197,332 shares of Horace Mann Educators in the second quarter, valued at approximately $10.2 million and representing a 0.49% stake. Institutional investors collectively own 99.28% of the company.
• Horace Mann reported quarterly EPS of $1.17, beating estimates of $0.79, while revenue rose 7.7% year over year to $443.5 million. The company reaffirmed fiscal 2026 EPS guidance of $4.60–$4.90.
• Analysts maintain a bullish outlook, with a consensus “Strong Buy” rating and a $59 price target versus the stock’s reported $51.32 price. Insiders, meanwhile, sold 22,500 shares worth about $1.13 million during the last quarter.

Empowered Funds LLC purchased a new stake in Horace Mann Educators Corporation (NYSE:HMN - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 197,332 shares of the insurance provider's stock, valued at approximately $10,192,000. Empowered Funds LLC owned 0.49% of Horace Mann Educators as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in HMN. BlackRock Inc. bought a new position in Horace Mann Educators in the second quarter valued at approximately $304,006,000. Wasatch Advisors LP bought a new stake in shares of Horace Mann Educators during the second quarter worth $72,363,000. Bank of America Corp DE bought a new stake in shares of Horace Mann Educators during the second quarter worth $29,287,000. Bank of New York Mellon Corp acquired a new stake in shares of Horace Mann Educators during the second quarter worth $20,061,000. Finally, Ameriprise Financial Inc. raised its holdings in shares of Horace Mann Educators by 51.6% during the third quarter. Ameriprise Financial Inc. now owns 663,520 shares of the insurance provider's stock worth $29,971,000 after acquiring an additional 225,800 shares during the period. Institutional investors own 99.28% of the company's stock.

Horace Mann Educators Price Performance

NYSE:HMN opened at $51.32 on Friday. Horace Mann Educators Corporation has a 52 week low of $41.29 and a 52 week high of $55.56. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 11.99 and a beta of 0.08. The firm's 50-day simple moving average is $51.92 and its 200 day simple moving average is $47.18. 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 - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $1.17 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.38. The company had revenue of $443.50 million for the quarter, compared to analysts' expectations of $321.70 million. Horace Mann Educators had a return on equity of 14.08% and a net margin of 10.15%.Horace Mann Educators's revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the business earned $1.06 earnings per share. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. As a group, sell-side analysts predict that Horace Mann Educators Corporation will post 4.78 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on HMN. Weiss Ratings upgraded Horace Mann Educators from a "buy (b+)" rating to a "buy (a-)" rating in a research note on Monday, June 15th. Zacks Research raised shares of Horace Mann Educators from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 10th. Finally, Raymond James Financial reiterated a "strong-buy" rating and set a $59.00 target price on shares of Horace Mann Educators in a report on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the stock has a consensus rating of "Strong Buy" and a consensus target price of $59.00.

Insider Buying and Selling at Horace Mann Educators

In related news, CEO Marita Zuraitis sold 7,500 shares of the business's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $52.03, for a total value of $390,225.00. Following the sale, the chief executive officer owned 307,129 shares of the company's stock, valued at $15,979,921.87. The trade was a 2.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 22,500 shares of company stock worth $1,131,750 in the last quarter. Insiders own 3.60% of the company's stock.

Horace Mann Educators 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.

Want to see what other hedge funds are holding HMN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Horace Mann Educators Corporation (NYSE:HMN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source