Deutsche Bank AG Makes New Investment in Horace Mann Educators Corporation $HMN

Key Points

• Deutsche Bank initiated a 45,524-share stake in Horace Mann Educators worth approximately $2.35 million, while institutional investors collectively own 99.28% of the company.
• Analysts remain bullish, with three Strong Buy ratings and a consensus price target of $59.00; Zacks Research recently upgraded the stock to Strong Buy.
• Horace Mann beat quarterly expectations with $1.17 in earnings per share versus a $0.79 estimate and revenue of $443.5 million, up 7.7% year over year. CEO Marita Zuraitis separately sold 7,500 shares under a pre-arranged trading plan.

Deutsche Bank AG bought a new stake in Horace Mann Educators Corporation (NYSE:HMN - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 45,524 shares of the insurance provider's stock, valued at approximately $2,351,000. Deutsche Bank AG owned approximately 0.11% of Horace Mann Educators as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in HMN. Bank of New York Mellon Corp acquired a new stake in shares of Horace Mann Educators during the second quarter worth approximately $20,061,000. Wasatch Advisors LP acquired a new stake in Horace Mann Educators in the second quarter valued at $72,363,000. Handelsbanken Fonder AB raised its holdings in Horace Mann Educators by 24.6% in the second quarter. Handelsbanken Fonder AB now owns 10,630 shares of the insurance provider's stock valued at $549,000 after acquiring an additional 2,100 shares in the last quarter. Longboard Asset Management LP bought a new position in Horace Mann Educators during the 2nd quarter valued at $223,000. Finally, GAMMA Investing LLC boosted its stake in Horace Mann Educators by 8.7% during the 2nd quarter. GAMMA Investing LLC now owns 5,973 shares of the insurance provider's stock valued at $309,000 after acquiring an additional 477 shares during the last quarter. 99.28% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Horace Mann Educators

In related news, CEO Marita Zuraitis sold 7,500 shares of the stock in a transaction dated 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. This trade represents a 2.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 22,500 shares of company stock worth $1,131,750 in the last three months. 3.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

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

Horace Mann Educators Stock Performance

Shares of NYSE HMN opened at $51.03 on Friday. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.40. The firm's 50-day moving average price is $51.87 and its two-hundred day moving average price is $47.15. Horace Mann Educators Corporation has a 52-week low of $41.29 and a 52-week high of $55.56. The stock has a market capitalization of $2.07 billion, a P/E ratio of 11.92 and a beta of 0.08.

Horace Mann Educators (NYSE:HMN - Get Free Report) last posted its earnings results on Wednesday, August 5th. The insurance provider reported $1.17 EPS for the quarter, beating the consensus estimate of $0.79 by $0.38. The company had revenue of $443.50 million during the quarter, compared to analyst estimates of $321.70 million. Horace Mann Educators had a return on equity of 14.08% and a net margin of 10.15%.The business's revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the company 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 forecast that Horace Mann Educators Corporation will post 4.78 earnings per share for the current year.

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.

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