Horace Mann Educators Corporation $HMN Shares Sold by Renaissance Technologies LLC

Key Points

• Renaissance Technologies cut its Horace Mann Educators stake by 51.7% in the first quarter, selling 30,425 shares and retaining 28,375 shares valued at approximately $1.21 million. Institutional investors collectively own 99.28% of HMN.
• Horace Mann reported quarterly earnings of $1.17 per share, exceeding estimates of $0.79, while revenue rose 7.7% year over year to $443.5 million. The company issued full-year 2026 EPS guidance of $4.60–$4.90.
• HMN shares opened at $51.71, and analysts maintain a consensus “Strong Buy” rating with a $59 price target. The company also pays a quarterly dividend of $0.36 per share, representing a 2.8% yield.

Renaissance Technologies LLC decreased its position in shares of Horace Mann Educators Corporation (NYSE:HMN - Free Report) by 51.7% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 28,375 shares of the insurance provider's stock after selling 30,425 shares during the period. Renaissance Technologies LLC owned 0.07% of Horace Mann Educators worth $1,211,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its stake in Horace Mann Educators by 222.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider's stock worth $39,000 after acquiring an additional 627 shares during the period. Kemnay Advisory Services Inc. purchased a new position in shares of Horace Mann Educators during the 4th quarter worth $51,000. Los Angeles Capital Management LLC purchased a new position in shares of Horace Mann Educators during the 4th quarter worth $51,000. Osaic Holdings Inc. boosted its holdings in shares of Horace Mann Educators by 181.5% during the second quarter. Osaic Holdings Inc. now owns 1,326 shares of the insurance provider's stock worth $57,000 after purchasing an additional 855 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its holdings in shares of Horace Mann Educators by 10,953.8% during the fourth quarter. Quadrant Capital Group LLC now owns 1,437 shares of the insurance provider's stock worth $66,000 after purchasing an additional 1,424 shares during the last quarter. Institutional investors and hedge funds own 99.28% of the company's stock.

Insider Buying and Selling at Horace Mann Educators

In related news, CEO Marita Zuraitis sold 7,500 shares of the company's 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 completion of the sale, the chief executive officer directly owned 307,129 shares of the company's stock, valued at approximately $15,979,921.87. This represents a 2.38% decrease in their position. The sale was disclosed in a document filed 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. In the last quarter, insiders have sold 22,514 shares of company stock worth $1,132,396. Insiders own 3.60% of the company's stock.

Horace Mann Educators Stock Up 0.3%

HMN opened at $51.71 on Friday. Horace Mann Educators Corporation has a 1 year low of $41.29 and a 1 year high of $55.56. The firm has a 50 day moving average price of $51.28 and a 200 day moving average price of $46.64. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.08 and a current ratio of 0.12. The company has a market cap of $2.09 billion, a PE ratio of 12.08 and a beta of 0.08.

Horace Mann Educators (NYSE:HMN - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $1.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.38. Horace Mann Educators had a net margin of 10.15% and a return on equity of 14.08%. The firm had revenue of $443.50 million for the quarter, compared to analysts' expectations of $321.70 million. During the same period in the previous year, the company posted $1.06 earnings per share. Horace Mann Educators's revenue was up 7.7% compared to the same quarter last year. 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 year.

Horace Mann Educators Dividend Announcement

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

Analysts Set New Price Targets

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

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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