Franklin Resources Inc. Cuts Stock Holdings in Horace Mann Educators Corporation $HMN

Franklin Resources Inc. trimmed its holdings in shares of Horace Mann Educators Corporation (NYSE:HMN) by 3.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 3,634,153 shares of the insurance provider’s stock after selling 121,743 shares during the period. Franklin Resources Inc. owned 0.09% of Horace Mann Educators worth $164,155,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in Horace Mann Educators by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,007,719 shares of the insurance provider’s stock valued at $226,199,000 after purchasing an additional 78,079 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Horace Mann Educators by 13.3% during the third quarter. American Century Companies Inc. now owns 829,376 shares of the insurance provider’s stock valued at $37,463,000 after buying an additional 97,366 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of Horace Mann Educators by 43.0% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 732,958 shares of the insurance provider’s stock worth $31,495,000 after purchasing an additional 220,275 shares during the period. Bank of New York Mellon Corp lifted its position in Horace Mann Educators by 0.5% during the second quarter. Bank of New York Mellon Corp now owns 453,849 shares of the insurance provider’s stock worth $19,502,000 after buying an additional 2,048 shares during the period. Finally, Bridgeway Capital Management LLC boosted its position in shares of Horace Mann Educators by 10.3% in the second quarter. Bridgeway Capital Management LLC now owns 349,431 shares of the insurance provider’s stock worth $15,015,000 after acquiring an additional 32,505 shares during the last quarter. Hedge funds and other institutional investors own 99.28% of the company’s stock.

Horace Mann Educators Trading Up 0.7%

HMN opened at $42.56 on Friday. Horace Mann Educators Corporation has a 12-month low of $38.76 and a 12-month high of $48.33. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.10 and a quick ratio of 0.10. The stock has a market capitalization of $1.72 billion, a PE ratio of 10.91 and a beta of 0.06. The firm’s fifty day moving average price is $43.42 and its 200 day moving average price is $44.79.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings data on Friday, February 27th. The insurance provider reported $1.21 earnings per share for the quarter. The company had revenue of $434.80 million during the quarter. Horace Mann Educators had a net margin of 9.53% and a return on equity of 13.92%. As a group, research analysts expect that Horace Mann Educators Corporation will post 3.87 EPS for the current fiscal year.

Horace Mann Educators Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.36 per share. The ex-dividend date is Tuesday, March 17th. This is an increase from Horace Mann Educators’s previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a yield of 3.4%. Horace Mann Educators’s payout ratio is currently 35.90%.

Insider Transactions at Horace Mann Educators

In other news, Director Victor Fetter bought 3,500 shares of Horace Mann Educators stock in a transaction on Wednesday, February 25th. The shares were bought at an average price of $42.73 per share, with a total value of $149,555.00. Following the acquisition, the director directly owned 22,292 shares in the company, valued at approximately $952,537.16. This represents a 18.62% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HMN shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Horace Mann Educators in a report on Wednesday, January 28th. Wall Street Zen cut shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Horace Mann Educators has a consensus rating of “Buy” and a consensus price target of $47.33.

About Horace Mann Educators

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.