Deutsche Bank AG Grows Stake in Unum Group $UNM

Key Points

• Deutsche Bank increased its Unum Group stake by 601.6% in the second quarter, acquiring 304,815 additional shares for a total holding of 355,483 shares valued at approximately $31.8 million. Institutional investors collectively own 86.57% of Unum’s stock.
• Unum reported quarterly earnings of $2.16 per share, in line with analyst expectations, while revenue reached $3.39 billion and rose slightly year over year. The company expects fiscal 2026 earnings of $8.60–$8.90 per share.
• Unum raised its quarterly dividend to $0.505 per share, equivalent to a $2.02 annual payout and a 2.3% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $99, versus a recent share price of $87.75.

Deutsche Bank AG lifted its stake in Unum Group (NYSE:UNM - Free Report) by 601.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 355,483 shares of the financial services provider's stock after purchasing an additional 304,815 shares during the quarter. Deutsche Bank AG owned 0.22% of Unum Group worth $31,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new position in Unum Group in the fourth quarter worth about $25,000. SHP Wealth Management purchased a new stake in shares of Unum Group during the fourth quarter valued at approximately $25,000. MBM Wealth Consultants LLC bought a new stake in shares of Unum Group during the first quarter valued at approximately $29,000. Triumph Capital Management bought a new stake in shares of Unum Group during the third quarter valued at approximately $31,000. Finally, Ancora Advisors LLC increased its holdings in shares of Unum Group by 385.2% in the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider's stock worth $33,000 after purchasing an additional 339 shares in the last quarter. Institutional investors own 86.57% of the company's stock.

Unum Group Stock Performance

Shares of NYSE UNM opened at $87.75 on Friday. The stock has a market cap of $13.89 billion, a PE ratio of 20.45, a price-to-earnings-growth ratio of 0.92 and a beta of 0.26. Unum Group has a 1 year low of $68.70 and a 1 year high of $94.55. The firm has a fifty day moving average price of $89.38 and a 200-day moving average price of $81.70. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.34 and a quick ratio of 0.34.

Unum Group (NYSE:UNM - Get Free Report) last released its earnings results on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share for the quarter, meeting analysts' consensus estimates of $2.16. The company had revenue of $3.39 billion for the quarter, compared to analysts' expectations of $2.90 billion. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. Unum Group's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.92 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Equities analysts anticipate that Unum Group will post 8.65 earnings per share for the current fiscal year.

Unum Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 24th were issued a dividend of $0.505 per share. This is a boost from Unum Group's previous quarterly dividend of $0.46. The ex-dividend date of this dividend was Friday, July 24th. This represents a $2.02 annualized dividend and a dividend yield of 2.3%. Unum Group's payout ratio is currently 47.09%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on UNM shares. Weiss Ratings upgraded shares of Unum Group from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, July 28th. Morgan Stanley lifted their target price on shares of Unum Group from $80.00 to $87.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 21st. Wells Fargo & Company increased their price target on Unum Group from $100.00 to $101.00 and gave the company an "overweight" rating in a report on Thursday, July 9th. Atlantic Securities set a $88.00 price target on Unum Group in a research note on Wednesday, July 15th. Finally, Truist Financial upped their price objective on Unum Group from $88.00 to $96.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Unum Group currently has an average rating of "Moderate Buy" and an average target price of $99.00.

Unum Group Profile

Unum Group NYSE: UNM is a leading provider of employee benefits in the United States and selected international markets, specializing in disability, life, accident and critical illness insurance. Through both fully insured and self-funded arrangements, the company offers group coverage designed to protect income and mitigate financial hardship for employees and their families. Its portfolio includes short-term and long-term disability plans, group life and accidental death & dismemberment (AD&D) policies, as well as critical illness and hospital indemnity products.

In addition to its core product lines, Unum Group markets voluntary benefits under its Colonial Life brand, allowing employees to purchase supplemental insurance such as accident, cancer, and dental coverage directly through payroll deductions.

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