Horace Mann Educators Corporation $HMN Shares Sold by Amundi

Key Points

• Amundi cut its Horace Mann Educators stake by 75.1% in the first quarter, selling 24,286 shares and retaining 8,064 shares worth approximately $344,000. Institutional investors and hedge funds collectively own 99.28% of HMN.
• Horace Mann reported quarterly EPS of $1.17, exceeding analysts’ $0.79 estimate, while revenue reached $443.5 million and rose 7.7% year over year. The company projects fiscal 2026 EPS of $4.60–$4.90.
• The company declared a quarterly dividend of $0.36, equivalent to an annualized $1.44 payout and a 2.8% yield. Analysts maintain a consensus “Strong Buy” rating after recent upgrades.

Amundi decreased its holdings in Horace Mann Educators Corporation (NYSE:HMN - Free Report) by 75.1% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 8,064 shares of the insurance provider's stock after selling 24,286 shares during the period. Amundi's holdings in Horace Mann Educators were worth $344,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Ameriprise Financial Inc. grew its stake in Horace Mann Educators by 51.6% during the third quarter. Ameriprise Financial Inc. now owns 663,520 shares of the insurance provider's stock worth $29,971,000 after buying an additional 225,800 shares during the period. Millennium Management LLC raised its stake in shares of Horace Mann Educators by 310.0% in the 3rd quarter. Millennium Management LLC now owns 275,109 shares of the insurance provider's stock valued at $12,427,000 after acquiring an additional 208,014 shares during the period. Invesco Ltd. lifted its holdings in shares of Horace Mann Educators by 32.0% during the 3rd quarter. Invesco Ltd. now owns 645,659 shares of the insurance provider's stock valued at $29,164,000 after acquiring an additional 156,652 shares in the last quarter. Marshall Wace LLP purchased a new stake in Horace Mann Educators during the 2nd quarter worth $5,749,000. Finally, Goldman Sachs Group Inc. boosted its position in Horace Mann Educators by 63.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 249,579 shares of the insurance provider's stock worth $11,526,000 after purchasing an additional 97,293 shares during the period. 99.28% of the stock is owned by institutional investors and hedge funds.

Horace Mann Educators Price Performance

Shares of NYSE HMN opened at $51.48 on Thursday. The company has a quick ratio of 0.08, a current ratio of 0.12 and a debt-to-equity ratio of 0.40. Horace Mann Educators Corporation has a fifty-two week low of $41.29 and a fifty-two week high of $55.56. The business has a 50 day moving average price of $51.16 and a two-hundred day moving average price of $46.58. The firm has a market cap of $2.08 billion, a PE ratio of 12.03 and a beta of 0.08.

Horace Mann Educators (NYSE:HMN - Get Free Report) last announced its earnings results on Wednesday, August 5th. The insurance provider reported $1.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.38. The company had revenue of $443.50 million for 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%.Horace Mann Educators's quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.06 EPS. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. Sell-side analysts expect that Horace Mann Educators Corporation will post 4.8 earnings per share for the current fiscal year.

Horace Mann Educators Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Monday, June 15th. Horace Mann Educators's payout ratio is 33.64%.

Insider Transactions at Horace Mann Educators

In other Horace Mann Educators news, CEO Marita Zuraitis sold 7,500 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $52.03, for a total transaction of $390,225.00. Following the transaction, the chief executive officer directly owned 307,129 shares in the company, valued at $15,979,921.87. This represents a 2.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 22,514 shares of company stock valued at $1,132,396 over the last 90 days. Corporate insiders own 3.60% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on HMN. Zacks Research raised Horace Mann Educators from a "hold" rating to a "strong-buy" rating in a research report on Monday. Weiss Ratings upgraded Horace Mann Educators from a "buy (b+)" rating to a "buy (a-)" rating in a report on Monday, June 15th. Two analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Strong Buy".

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source