Corient Private Wealth LP Takes $2.36 Million Position in Horace Mann Educators Corporation $HMN

Key Points

• Corient Private Wealth LP acquired 45,661 shares of Horace Mann Educators worth approximately $2.36 million, while institutional investors collectively own 99.28% of the company.
• Analysts maintain a bullish outlook: three firms rate HMN a Strong Buy, with a consensus price target of $59.00 versus a recent price of $51.56.
• Horace Mann exceeded quarterly expectations, reporting $1.17 in adjusted earnings per share versus the $0.79 consensus estimate, alongside 7.7% year-over-year revenue growth; it also declared a quarterly dividend of $0.36 per share.

Corient Private Wealth LP acquired a new stake in shares of Horace Mann Educators Corporation (NYSE:HMN - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 45,661 shares of the insurance provider's stock, valued at approximately $2,358,000. Corient Private Wealth LP owned about 0.11% of Horace Mann Educators at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in 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 buying an additional 627 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new stake in shares of Horace Mann Educators during the 4th quarter valued at about $51,000. Los Angeles Capital Management LLC purchased a new stake in shares of Horace Mann Educators during the 4th quarter valued at about $51,000. Osaic Holdings Inc. grew its stake in shares of 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 acquiring an additional 855 shares during the period. Finally, Quadrant Capital Group LLC grew its stake in shares of 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 acquiring an additional 1,424 shares during the period. 99.28% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Raymond James Financial restated 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. 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. Finally, Zacks Research raised Horace Mann Educators from a "hold" rating to a "strong-buy" rating in a report on Monday, August 10th. Three equities research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, Horace Mann Educators currently has an average rating of "Strong Buy" and a consensus target price of $59.00.

Insider Transactions at Horace Mann Educators

In other Horace Mann Educators news, CEO Marita Zuraitis sold 7,500 shares of the company's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $52.03, for a total value of $390,225.00. Following the completion of the sale, the chief executive officer owned 307,129 shares in the company, valued at $15,979,921.87. This represents a 2.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.60% of the company's stock.

Horace Mann Educators Stock Up 1.7%

Shares of HMN stock opened at $51.56 on Thursday. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.40. Horace Mann Educators Corporation has a 12 month low of $41.29 and a 12 month high of $55.56. The stock has a market cap of $2.09 billion, a P/E ratio of 12.05 and a beta of 0.08. The company has a 50 day simple moving average of $51.97 and a two-hundred day simple moving average of $47.39.

Horace Mann Educators (NYSE:HMN - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $1.17 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.38. The business had revenue of $443.50 million for the quarter, compared to analysts' expectations 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 was up 7.7% compared to the same quarter last year. During the same quarter last year, the company posted $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 earnings per share for the current year.

Horace Mann Educators Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Wednesday, September 16th. Horace Mann Educators's payout ratio is currently 33.64%.

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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