Robeco Institutional Asset Management B.V. Sells 88,373 Shares of Unum Group $UNM

Key Points

• Robeco Institutional Asset Management B.V. cut its stake in Unum Group by 41.2%, selling 88,373 shares and retaining 126,091 shares valued at about $9.77 million.
• Unum missed quarterly expectations with EPS of $1.92 versus $2.11 expected and slightly lower revenue; it set FY2026 guidance of $8.60–$8.90 EPS while analysts expect $9.14 and the consensus target is $92.91 (average rating: Moderate Buy).
• Insiders sold 21,852 shares (~$1.59M) last quarter including EVP Christopher Pyne and director Cynthia Egan, and the company declared a quarterly dividend of $0.46 (annual $1.84, yield 2.3%).

Robeco Institutional Asset Management B.V. decreased its position in Unum Group (NYSE:UNM - Free Report) by 41.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 126,091 shares of the financial services provider's stock after selling 88,373 shares during the period. Robeco Institutional Asset Management B.V. owned 0.08% of Unum Group worth $9,772,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNM. Triumph Capital Management bought a new position in Unum Group during the third quarter worth about $31,000. Ancora Advisors LLC raised its position in shares of Unum Group by 385.2% during the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider's stock worth $33,000 after purchasing an additional 339 shares during the period. True Wealth Design LLC raised its position in Unum Group by 36.2% in the 3rd quarter. True Wealth Design LLC now owns 587 shares of the financial services provider's stock valued at $46,000 after buying an additional 156 shares during the last quarter. SJS Investment Consulting Inc. raised its position in Unum Group by 2,350.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 588 shares of the financial services provider's stock valued at $46,000 after buying an additional 564 shares during the last quarter. Finally, Danske Bank A S acquired a new stake in Unum Group in the 3rd quarter valued at approximately $47,000. Institutional investors own 86.57% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on UNM. Weiss Ratings downgraded Unum Group from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, March 27th. Citigroup restated a "market perform" rating on shares of Unum Group in a research note on Thursday, December 18th. Barclays restated an "overweight" rating on shares of Unum Group in a research note on Friday, February 6th. JPMorgan Chase & Co. decreased their price target on Unum Group from $92.00 to $90.00 and set a "neutral" rating for the company in a research note on Friday, February 6th. Finally, Bank of America decreased their price target on Unum Group from $83.00 to $77.00 and set a "neutral" rating for the company in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat, Unum Group has an average rating of "Moderate Buy" and a consensus target price of $92.91.

Insider Transactions at Unum Group

In related news, EVP Christopher W. Pyne sold 4,852 shares of the business's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $72.47, for a total value of $351,624.44. Following the completion of the sale, the executive vice president directly owned 52,268 shares in the company, valued at $3,787,861.96. The trade was a 8.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Cynthia Egan sold 9,000 shares of the business's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $73.00, for a total value of $657,000.00. Following the completion of the sale, the director owned 42,846 shares of the company's stock, valued at $3,127,758. This trade represents a 17.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 21,852 shares of company stock valued at $1,590,734. Company insiders own 0.92% of the company's stock.

Unum Group Stock Performance

UNM opened at $78.94 on Thursday. The business has a fifty day simple moving average of $73.62 and a 200 day simple moving average of $75.67. The company has a market capitalization of $12.75 billion, a PE ratio of 18.57, a price-to-earnings-growth ratio of 1.69 and a beta of 0.19. Unum Group has a 1 year low of $68.28 and a 1 year high of $83.13. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.37 and a quick ratio of 0.37.

Unum Group (NYSE:UNM - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.11 by ($0.19). The firm had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.29 billion. Unum Group had a net margin of 5.65% and a return on equity of 12.62%. The business's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.03 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Research analysts expect that Unum Group will post 9.14 EPS for the current year.

Unum Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be paid a $0.46 dividend. The ex-dividend date is Friday, April 24th. This represents a $1.84 annualized dividend and a yield of 2.3%. Unum Group's payout ratio is 43.29%.

Unum Group Company Profile

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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