Unum Group (NYSE:UNM) Price Target Lowered to $77.00 at Bank of America

Key Points

• Bank of America cut its price target on Unum Group to $77.00 (from $83) and kept a "neutral" rating, implying about a 0.68% downside from the current share price.
• Unum missed Q4 EPS ($1.92 vs. $2.11 expected) and slightly missed revenue, and set FY2026 guidance of 8.60–8.90 EPS versus sell-side expectations of ~9.14 EPS.
• Despite some downgrades, the sell-side consensus remains a "Moderate Buy" with an average price target of $92.91, indicating higher analyst expectations than recent individual cuts.

Unum Group (NYSE:UNM - Get Free Report) had its price objective decreased by equities researchers at Bank of America from $83.00 to $77.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a "neutral" rating on the financial services provider's stock. Bank of America's price objective indicates a potential downside of 0.68% from the stock's current price.

A number of other analysts also recently weighed in on the stock. JPMorgan Chase & Co. decreased their target price on shares of Unum Group from $92.00 to $90.00 and set a "neutral" rating for the company in a research report on Friday, February 6th. Barclays reaffirmed an "overweight" rating on shares of Unum Group in a research note on Friday, February 6th. Morgan Stanley decreased their price objective on shares of Unum Group from $85.00 to $80.00 and set an "equal weight" rating for the company in a research report on Tuesday, March 3rd. Citigroup reissued a "market perform" rating on shares of Unum Group in a research note on Thursday, December 18th. Finally, Evercore set a $103.00 price target on shares of Unum Group in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $92.91.

Unum Group Trading Up 0.4%

Shares of UNM stock traded up $0.33 during trading hours on Tuesday, hitting $77.53. 184,794 shares of the company's stock traded hands, compared to its average volume of 1,605,480. The stock has a market cap of $12.70 billion, a PE ratio of 18.24, a price-to-earnings-growth ratio of 1.67 and a beta of 0.19. Unum Group has a 12 month low of $68.28 and a 12 month high of $83.13. The stock's 50 day simple moving average is $73.56 and its 200 day simple moving average is $75.65. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.34.

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

Insider Activity at Unum Group

In related news, 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 transaction of $657,000.00. Following the transaction, the director owned 42,846 shares in the company, valued at $3,127,758. The trade was a 17.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Lisa G. Iglesias sold 3,500 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $73.00, for a total transaction of $255,500.00. Following the transaction, the executive vice president directly owned 29,453 shares in the company, valued at approximately $2,150,069. This represents a 10.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 21,852 shares of company stock worth $1,590,734. 0.92% of the stock is owned by insiders.

Hedge Funds Weigh In On Unum Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Laurel Wealth Advisors LLC purchased a new stake in Unum Group in the 4th quarter valued at $25,000. SHP Wealth Management bought a new stake in shares of Unum Group in the 4th quarter worth $25,000. Triumph Capital Management bought a new stake in shares of Unum Group in the 3rd quarter worth $31,000. Ancora Advisors LLC raised its holdings in shares of Unum Group by 385.2% in the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider's stock valued at $33,000 after purchasing an additional 339 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC bought a new position in shares of Unum Group during the fourth quarter valued at about $39,000. Institutional investors own 86.57% of the company's stock.

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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