Teacher Retirement System of Texas Buys 65,628 Shares of Horace Mann Educators Corporation $HMN

Teacher Retirement System of Texas lifted its stake in shares of Horace Mann Educators Corporation (NYSE:HMN) by 262.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 90,671 shares of the insurance provider’s stock after purchasing an additional 65,628 shares during the quarter. Teacher Retirement System of Texas’ holdings in Horace Mann Educators were worth $4,096,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its position in Horace Mann Educators by 222.3% during the 2nd 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 last quarter. Elevation Point Wealth Partners LLC bought a new position in Horace Mann Educators in the second quarter valued at about $47,000. Blue Trust Inc. boosted its stake in shares of Horace Mann Educators by 33.0% during the third quarter. Blue Trust Inc. now owns 1,201 shares of the insurance provider’s stock valued at $54,000 after purchasing an additional 298 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of Horace Mann Educators by 181.5% during the second quarter. Osaic Holdings Inc. now owns 1,326 shares of the insurance provider’s stock worth $57,000 after purchasing an additional 855 shares during the last quarter. Finally, Versant Capital Management Inc grew its holdings in shares of Horace Mann Educators by 36.6% during the third quarter. Versant Capital Management Inc now owns 1,307 shares of the insurance provider’s stock worth $59,000 after purchasing an additional 350 shares during the last quarter. Institutional investors and hedge funds own 99.28% of the company’s stock.

Horace Mann Educators Stock Performance

NYSE:HMN opened at $42.89 on Wednesday. The company has a market capitalization of $1.74 billion, a PE ratio of 10.86 and a beta of 0.07. The company has a 50 day simple moving average of $45.04 and a two-hundred day simple moving average of $44.70. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.10 and a current ratio of 0.10. Horace Mann Educators Corporation has a fifty-two week low of $37.36 and a fifty-two week high of $48.33.

Horace Mann Educators (NYSE:HMN) last issued its quarterly earnings results on Friday, November 7th. The insurance provider reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.39. Horace Mann Educators had a net margin of 9.79% and a return on equity of 15.69%. The firm had revenue of $438.50 million for the quarter, compared to the consensus estimate of $429.90 million. During the same quarter in the previous year, the company earned $0.76 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. Research analysts anticipate that Horace Mann Educators Corporation will post 3.87 earnings per share for the current year.

Horace Mann Educators Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Monday, December 15th. Horace Mann Educators’s dividend payout ratio (DPR) is presently 35.44%.

Insiders Place Their Bets

In other Horace Mann Educators news, Director Henry Wade Reece sold 1,316 shares of Horace Mann Educators stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $45.27, for a total value of $59,575.32. Following the completion of the sale, the director directly owned 39,001 shares in the company, valued at approximately $1,765,575.27. The trade was a 3.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Beverley J. Mcclure sold 1,082 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $45.40, for a total value of $49,122.80. Following the completion of the transaction, the director directly owned 16,733 shares in the company, valued at approximately $759,678.20. This trade represents a 6.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 15,398 shares of company stock valued at $697,298. Insiders own 3.80% of the company’s stock.

Analyst Upgrades and Downgrades

HMN has been the topic of several recent research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Horace Mann Educators in a research report on Friday, October 31st. Wall Street Zen raised shares of Horace Mann Educators from a “hold” rating to a “buy” rating in a research note on Sunday, December 21st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Horace Mann Educators has a consensus rating of “Moderate Buy” and an average target price of $46.75.

Horace Mann Educators 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.