Vanguard Group Inc. Reduces Holdings in Unum Group $UNM

Key Points

• Vanguard Group trimmed its Unum stake by 2.6% to 18,174,771 shares but still owns about 10.86% of the company, valued at roughly $1.41 billion.
• Unum beat quarterly expectations, reporting $2.14 EPS vs. $2.07 expected and $3.36B revenue vs. $2.91B, and set FY2026 guidance of $8.60–8.90 EPS (consensus ~8.72).
• Analysts hold a consensus "Moderate Buy" rating with a $93.17 target, though recent notes are mixed — Jefferies remains bullish ($115), while Bank of America cut its target to $77 and Weiss downgraded to a hold.

Vanguard Group Inc. decreased its position in shares of Unum Group (NYSE:UNM - Free Report) by 2.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,174,771 shares of the financial services provider's stock after selling 485,363 shares during the period. Vanguard Group Inc. owned approximately 10.86% of Unum Group worth $1,408,545,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Triumph Capital Management purchased a new stake in Unum Group in the 3rd quarter worth about $31,000. Ancora Advisors LLC grew its stake 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 valued at $33,000 after buying an additional 339 shares during the last quarter. True Wealth Design LLC raised its holdings in shares of Unum Group by 36.2% in the third 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 period. SJS Investment Consulting Inc. raised its holdings in shares of Unum Group by 2,350.0% in the third quarter. SJS Investment Consulting Inc. now owns 588 shares of the financial services provider's stock worth $46,000 after buying an additional 564 shares during the period. Finally, Danske Bank A S bought a new stake in shares of Unum Group during the 3rd quarter worth approximately $47,000. Hedge funds and other institutional investors own 86.57% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on UNM shares. Keefe, Bruyette & Woods restated a "moderate buy" rating and set a $95.00 price objective on shares of Unum Group in a report on Thursday, March 26th. Jefferies Financial Group reiterated a "buy" rating and set a $115.00 target price on shares of Unum Group in a research report on Monday, January 5th. Evercore set a $103.00 price objective on shares of Unum Group in a research report on Friday, February 6th. Bank of America dropped their target price on shares of Unum Group from $83.00 to $77.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 14th. Finally, Weiss Ratings downgraded shares of Unum Group from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $93.17.

Unum Group Stock Down 1.1%

NYSE:UNM opened at $80.43 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.35 and a quick ratio of 0.37. Unum Group has a 1-year low of $68.28 and a 1-year high of $83.13. The company has a 50-day moving average of $74.95 and a 200 day moving average of $75.74. The firm has a market cap of $12.95 billion, a PE ratio of 17.48, a price-to-earnings-growth ratio of 1.67 and a beta of 0.19.

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, beating analysts' consensus estimates of $2.07 by $0.07. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The business had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $2.91 billion. During the same quarter last year, the firm posted $2.04 EPS. The company's revenue for the quarter was up 8.5% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. As a group, research analysts anticipate that Unum Group will post 8.72 EPS for the current fiscal year.

Unum Group Announces Dividend

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 paid a $0.46 dividend. The ex-dividend date of this dividend is Friday, April 24th. This represents a $1.84 dividend on an annualized basis and a yield of 2.3%. Unum Group's payout ratio is 43.29%.

Insider Buying and Selling at Unum Group

In other Unum Group news, Director Cynthia Egan sold 9,000 shares of the company's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $73.00, for a total transaction of $657,000.00. Following the completion of the sale, the director owned 42,846 shares in the company, valued at $3,127,758. This represents a 17.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Christopher W. Pyne sold 4,852 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $72.47, for a total value of $351,624.44. Following the sale, the executive vice president directly owned 52,268 shares in the company, valued at $3,787,861.96. This trade represents a 8.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 21,852 shares of company stock worth $1,590,734. 1.00% of the stock is currently owned by corporate insiders.

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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