Global Retirement Partners LLC Makes New Investment in Unum Group $UNM

Key Points

• Global Retirement Partners LLC purchased 11,774 Unum Group shares worth approximately $1.05 million during the second quarter. Institutional investors collectively own 86.57% of the company.
• Unum reported quarterly revenue of $3.39 billion and earnings of $2.16 per share, matching analyst expectations for EPS while exceeding revenue estimates. The company guided to fiscal 2026 EPS of $8.60–$8.90.
• Unum increased its quarterly dividend to $0.505 per share, or $2.02 annually, yielding about 2.2%. Analysts maintain a “Moderate Buy” consensus with an average price target of $99.

Global Retirement Partners LLC bought a new stake in shares of Unum Group (NYSE:UNM - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 11,774 shares of the financial services provider's stock, valued at approximately $1,053,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC bought a new stake in Unum Group during the fourth quarter valued at about $247,000. EverSource Wealth Advisors LLC raised its holdings in Unum Group by 157.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,851 shares of the financial services provider's stock worth $149,000 after purchasing an additional 1,132 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of Unum Group by 26.6% during the second quarter. Baird Financial Group Inc. now owns 7,939 shares of the financial services provider's stock valued at $641,000 after buying an additional 1,666 shares during the last quarter. Brown Advisory Inc. lifted its position in shares of Unum Group by 13.2% during the second quarter. Brown Advisory Inc. now owns 6,445 shares of the financial services provider's stock valued at $520,000 after buying an additional 753 shares during the last quarter. Finally, Cresset Asset Management LLC boosted its holdings in shares of Unum Group by 6.1% in the 2nd quarter. Cresset Asset Management LLC now owns 6,715 shares of the financial services provider's stock valued at $542,000 after buying an additional 386 shares in the last quarter. 86.57% of the stock is currently owned by hedge funds and other institutional investors.

Unum Group Stock Performance

Shares of Unum Group stock opened at $89.86 on Wednesday. The firm has a market capitalization of $14.23 billion, a P/E ratio of 20.95, a PEG ratio of 0.99 and a beta of 0.26. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.35. The company has a 50 day moving average price of $89.64 and a 200 day moving average price of $81.50. Unum Group has a 52 week low of $68.38 and a 52 week high of $94.55.

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, hitting the consensus estimate of $2.16. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The company had revenue of $3.39 billion for the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter in the previous year, the firm earned $1.92 EPS. Unum Group's revenue was up .3% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Sell-side analysts expect that Unum Group will post 8.65 EPS for the current year.

Unum Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 24th were issued a dividend of $0.505 per share. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.2%. 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. Unum Group's dividend payout ratio is presently 47.09%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on UNM. UBS Group set a $94.00 price objective on shares of Unum Group in a research report on Tuesday, July 7th. Jefferies Financial Group raised their target price on shares of Unum Group from $117.00 to $123.00 and gave the company a "buy" rating in a research note on Friday, July 10th. Truist Financial lifted their price target on shares of Unum Group from $88.00 to $96.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. Evercore reiterated an "outperform" rating and set a $106.00 price objective on shares of Unum Group in a report on Tuesday, July 7th. Finally, Morgan Stanley increased their price objective on Unum Group from $80.00 to $87.00 and gave the company an "equal weight" rating in a report on Thursday, May 21st. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Unum Group presently has an average rating of "Moderate Buy" and an average price target of $99.00.

About Unum Group

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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