Wasatch Advisors LP Invests $72.36 Million in Horace Mann Educators Corporation $HMN

Key Points

• Wasatch Advisors LP purchased 1.40 million shares of Horace Mann Educators in the second quarter, valued at approximately $72.36 million and representing a 3.47% stake. Institutional investors collectively own 99.28% of the company.
• Horace Mann reported quarterly earnings of $1.17 per share, beating the $0.79 consensus estimate, while revenue rose 7.7% year over year to $443.5 million. The company guided to fiscal 2026 EPS of $4.60–$4.90.
• The company maintains a quarterly dividend of $0.36 per share, equivalent to a 2.7% annualized yield. CEO Marita Zuraitis recently sold 7,500 shares under a pre-arranged Rule 10b5-1 plan, and the stock received an upgraded “buy” rating from Weiss Ratings.

Wasatch Advisors LP purchased a new position in Horace Mann Educators Corporation (NYSE:HMN - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,401,027 shares of the insurance provider's stock, valued at approximately $72,363,000. Wasatch Advisors LP owned about 3.47% of Horace Mann Educators as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its position in Horace Mann Educators by 222.3% in the second 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 Horace Mann Educators in the fourth quarter valued at about $51,000. Los Angeles Capital Management LLC bought a new position in shares of Horace Mann Educators during the 4th quarter valued at approximately $51,000. Osaic Holdings Inc. grew its position in shares of Horace Mann Educators by 181.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,326 shares of the insurance provider's stock valued at $57,000 after acquiring an additional 855 shares during the period. Finally, Quadrant Capital Group LLC increased its stake in shares of Horace Mann Educators by 10,953.8% during the 4th 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 own 99.28% of the company's stock.

Insider Activity at Horace Mann Educators

In other 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 value of $390,225.00. Following the transaction, the chief executive officer owned 307,129 shares of the company's stock, valued at approximately $15,979,921.87. This represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 22,514 shares of company stock worth $1,132,396. 3.60% of the stock is owned by insiders.

Horace Mann Educators Trading Down 0.9%

Shares of Horace Mann Educators stock opened at $52.39 on Wednesday. Horace Mann Educators Corporation has a 12-month low of $41.29 and a 12-month high of $55.56. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 12.24 and a beta of 0.08. The company has a current ratio of 0.12, a quick ratio of 0.08 and a debt-to-equity ratio of 0.40. The company's 50-day moving average price is $51.03 and its 200-day moving average price is $46.52.

Horace Mann Educators (NYSE:HMN - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The insurance provider reported $1.17 EPS for the quarter, beating the consensus estimate of $0.79 by $0.38. The company had revenue of $443.50 million during the quarter, compared to analysts' expectations of $321.70 million. Horace Mann Educators had a net margin of 10.15% and a return on equity of 14.08%. Horace Mann Educators's revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.06 earnings per share. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. On average, equities analysts expect that Horace Mann Educators Corporation will post 4.8 earnings per share for the current fiscal year.

Horace Mann Educators Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Monday, June 15th. Horace Mann Educators's payout ratio is 33.64%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Horace Mann Educators from a "buy (b+)" rating to a "buy (a-)" rating in a report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Strong Buy".

Horace Mann Educators Company 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