5,885,884 Shares in Horace Mann Educators Corporation $HMN Purchased by BlackRock Inc.

Key Points

• BlackRock acquired 5.89 million shares of Horace Mann Educators in the second quarter, valued at approximately $304 million, giving it a 14.58% stake. Institutional investors collectively own 99.28% of the company.
• Horace Mann reported quarterly EPS of $1.17, surpassing the $0.79 consensus estimate, while revenue reached $443.5 million and rose 7.7% year over year. The company issued fiscal 2026 EPS guidance of $4.60 to $4.90.
• Analyst sentiment is strongly positive: Raymond James maintained a “strong-buy” rating with a $59 price target, while Zacks Research and Weiss Ratings upgraded the stock. HMN shares recently traded at $51.41.

BlackRock Inc. acquired a new stake in shares of Horace Mann Educators Corporation (NYSE:HMN - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,885,884 shares of the insurance provider's stock, valued at approximately $304,006,000. BlackRock Inc. owned 14.58% of Horace Mann Educators at the end of the most recent reporting period.

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

Insider Activity

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

Analysts Set New Price Targets

A number of research analysts have weighed in on HMN shares. Raymond James Financial reiterated a "strong-buy" rating and set a $59.00 price objective on shares of Horace Mann Educators in a research report on Thursday, August 13th. 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, Weiss Ratings upgraded shares of Horace Mann Educators from a "buy (b+)" rating to a "buy (a-)" rating in a report on Monday, June 15th. Three research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, Horace Mann Educators currently has an average rating of "Strong Buy" and a consensus price target of $59.00.

Horace Mann Educators Trading Up 0.8%

Shares of HMN opened at $51.41 on Thursday. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of 12.01 and a beta of 0.08. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.08 and a quick ratio of 0.08. Horace Mann Educators Corporation has a 1-year low of $41.29 and a 1-year high of $55.56. The company has a 50-day moving average of $51.82 and a 200 day moving average of $47.10.

Horace Mann Educators (NYSE:HMN - Get Free Report) last issued its 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 business had revenue of $443.50 million for the quarter, compared to the consensus estimate of $321.70 million. Horace Mann Educators had a net margin of 10.15% and a return on equity of 14.08%. The company's revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.06 EPS. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. On average, research analysts expect that Horace Mann Educators Corporation will post 4.78 EPS for the current year.

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.

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