Unum Group $UNM Shares Sold by New York State Teachers Retirement System

Key Points

• New York State Teachers Retirement System trimmed its stake in Unum Group by 10%, selling 19,345 shares and now holding 174,638 shares (about 0.10%), while institutional investors own roughly 86.6% of the stock.
• Company insiders sold 33,852 shares over the past three months — including Director Timothy Keaney (4,500 shares at $72.58) and EVP Elizabeth Ahmed (12,000 shares at $80.14) — leaving insiders with about 1.0% ownership.
• Unum beat quarterly estimates with $2.14 EPS and $3.36B revenue, set FY2026 guidance of $8.60–$8.90 EPS, announced a $0.46 quarterly dividend (2.3% yield), and holds an average analyst rating of Moderate Buy with a $93.17 price target.

New York State Teachers Retirement System trimmed its position in Unum Group (NYSE:UNM - Free Report) by 10.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 174,638 shares of the financial services provider's stock after selling 19,345 shares during the quarter. New York State Teachers Retirement System owned approximately 0.10% of Unum Group worth $13,534,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC acquired a new position in Unum Group in the fourth quarter worth $25,000. Triumph Capital Management acquired a new stake in shares of Unum Group during the third quarter worth $31,000. Ancora Advisors LLC lifted its position in shares of Unum Group by 385.2% in the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider's stock worth $33,000 after buying an additional 339 shares during the last quarter. True Wealth Design LLC lifted its position in shares of Unum Group by 36.2% in the 3rd quarter. True Wealth Design LLC now owns 587 shares of the financial services provider's stock worth $46,000 after buying an additional 156 shares during the last quarter. Finally, SJS Investment Consulting Inc. boosted its holdings in shares of 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 period. 86.57% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on UNM shares. Zacks Research raised shares of Unum Group from a "strong sell" rating to a "hold" rating in a research report on Monday, April 6th. JPMorgan Chase & Co. cut their target price on shares of Unum Group from $92.00 to $90.00 and set a "neutral" rating on the stock in a report on Friday, February 6th. Truist Financial lifted their target price on Unum Group from $88.00 to $96.00 and gave the company a "buy" rating in a research note on Thursday. Keefe, Bruyette & Woods reaffirmed a "moderate buy" rating and set a $95.00 target price on shares of Unum Group in a report on Thursday, March 26th. Finally, Wall Street Zen raised Unum Group from a "sell" rating to a "hold" rating in a report on Saturday, April 11th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $93.17.

Insiders Place Their Bets

In other Unum Group news, Director Timothy F. Keaney sold 4,500 shares of the business's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $72.58, for a total transaction of $326,610.00. Following the completion of the transaction, the director owned 38,592 shares in the company, valued at approximately $2,801,007.36. The trade was a 10.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Elizabeth Claire Ahmed sold 12,000 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $80.14, for a total value of $961,680.00. Following the completion of the transaction, the executive vice president directly owned 42,587 shares of the company's stock, valued at approximately $3,412,922.18. The trade was a 21.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 33,852 shares of company stock worth $2,552,414. 1.00% of the stock is owned by company insiders.

Unum Group Trading Down 0.0%

Shares of NYSE:UNM opened at $80.80 on Monday. The company has a market cap of $12.91 billion, a PE ratio of 17.57, a P/E/G ratio of 0.82 and a beta of 0.24. The company's 50-day moving average price is $74.95 and its 200 day moving average price is $75.74. Unum Group has a fifty-two week low of $68.28 and a fifty-two week high of $83.13. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.35.

Unum Group (NYSE:UNM - Get Free Report) last posted its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, topping the consensus estimate of $2.07 by $0.07. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The firm had revenue of $3.36 billion during the quarter, compared to analysts' expectations of $2.91 billion. During the same quarter in the prior year, the firm earned $2.04 EPS. Unum Group's quarterly revenue was up 8.5% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Sell-side analysts anticipate that Unum Group will post 8.72 earnings per share for the current year.

Unum Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, April 24th. Unum Group's dividend payout ratio is 40.00%.

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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