Global Retirement Partners LLC Acquires Shares of 4,961 Cigna Group $CI

Key Points

• Global Retirement Partners bought 4,961 Cigna shares worth approximately $1.37 million in the second quarter. Institutional investors collectively own 86.99% of the company.
• Cigna reported quarterly earnings of $7.78 per share, exceeding estimates of $7.60, while revenue rose 6.7% year over year to $70.04 billion. The company maintained fiscal 2026 earnings guidance of approximately $30.45 per share.
• Cigna shares opened at $275.03, down 2.7%, while analysts maintained a “Moderate Buy” consensus and an average price target of $339.45. The company also declared a quarterly dividend of $1.56 per share, yielding 2.3% annually.

Global Retirement Partners LLC bought a new stake in Cigna Group (NYSE:CI - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,961 shares of the health services provider's stock, valued at approximately $1,368,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CI. Wilkerson Advisory Group LLC purchased a new stake in shares of Cigna Group during the fourth quarter worth $25,000. Cedar Mountain Advisors LLC raised its position in shares of Cigna Group by 161.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 110 shares of the health services provider's stock valued at $29,000 after buying an additional 68 shares in the last quarter. Kemnay Advisory Services Inc. bought a new position in Cigna Group during the fourth quarter valued at approximately $29,000. Prosperity Bancshares Inc bought a new position in shares of Cigna Group during the 4th quarter valued at $29,000. Finally, ANTIPODES PARTNERS Ltd purchased a new position in shares of Cigna Group in the second quarter worth about $34,000. Institutional investors own 86.99% of the company's stock.

Cigna Group Stock Down 2.7%

Shares of NYSE:CI opened at $275.03 on Tuesday. Cigna Group has a 52-week low of $239.51 and a 52-week high of $315.47. The firm has a market capitalization of $72.67 billion, a P/E ratio of 11.38, a P/E/G ratio of 0.97 and a beta of 0.29. The stock has a 50 day moving average price of $285.73 and a 200-day moving average price of $281.32. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.76 and a current ratio of 0.76.

Cigna Group (NYSE:CI - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The health services provider reported $7.78 earnings per share for the quarter, beating the consensus estimate of $7.60 by $0.18. The company had revenue of $70.04 billion for the quarter, compared to analyst estimates of $70.14 billion. Cigna Group had a return on equity of 19.75% and a net margin of 2.27%.The firm's revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the company posted $7.20 earnings per share. Cigna Group has set its FY 2026 guidance at 30.450- EPS. As a group, equities research analysts anticipate that Cigna Group will post 30.51 EPS for the current fiscal year.

Cigna Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Tuesday, September 8th will be issued a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, September 8th. Cigna Group's dividend payout ratio (DPR) is presently 25.82%.

Insider Buying and Selling at Cigna Group

In other news, insider Nicole S. Jones sold 19,436 shares of the firm's stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $276.27, for a total transaction of $5,369,583.72. Following the completion of the transaction, the insider directly owned 27,256 shares in the company, valued at $7,530,015.12. This trade represents a 41.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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. Also, CAO Jamie G. Kates sold 899 shares of the company's stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $298.61, for a total transaction of $268,450.39. Following the completion of the transaction, the chief accounting officer owned 2,368 shares in the company, valued at approximately $707,108.48. The trade was a 27.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Piper Sandler cut their price target on shares of Cigna Group from $370.00 to $346.00 and set an "overweight" rating on the stock in a report on Wednesday, June 3rd. Morgan Stanley increased their target price on shares of Cigna Group from $355.00 to $361.00 and gave the stock an "overweight" rating in a report on Wednesday, May 20th. Weiss Ratings reissued a "hold (c)" rating on shares of Cigna Group in a research note on Monday, June 1st. Cantor Fitzgerald boosted their price target on Cigna Group from $325.00 to $340.00 and gave the company an "overweight" rating in a report on Friday, May 1st. Finally, Robert W. Baird set a $362.00 price target on Cigna Group in a research report on Friday, July 31st. Fifteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Cigna Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $339.45.

Cigna Group Profile

Cigna Group NYSE: CI is a global health services company that offers a broad portfolio of healthcare products and insurance solutions for individuals, employers, and governments. Its core businesses include medical and behavioral health plans, dental and vision coverage, pharmacy benefit management, and supplemental health products. Cigna serves a mix of commercial, Medicare, and Medicaid customers and provides workplace benefits such as group health plans and disability and life benefits for employers.

In addition to traditional insurance products, Cigna operates health services and care-delivery platforms designed to manage costs and improve outcomes.

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