Beverley Mcclure Sells 1,081 Shares of Horace Mann Educators (NYSE:HMN) Stock

Horace Mann Educators Corporation (NYSE:HMN) Director Beverley Mcclure sold 1,081 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $42.54, for a total value of $45,985.74. Following the transaction, the director directly owned 14,797 shares of the company’s stock, valued at $629,464.38. The trade was a 6.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Horace Mann Educators Price Performance

NYSE:HMN traded up $0.02 during midday trading on Friday, hitting $43.23. The company had a trading volume of 210,412 shares, compared to its average volume of 285,649. The company has a market capitalization of $1.75 billion, a PE ratio of 11.08 and a beta of 0.04. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.40. Horace Mann Educators Corporation has a 52-week low of $38.76 and a 52-week high of $48.33. The stock’s fifty day moving average price is $42.99 and its 200-day moving average price is $44.39.

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

Horace Mann Educators Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were given a $0.36 dividend. The ex-dividend date was Tuesday, March 17th. This is a positive change from Horace Mann Educators’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.3%. Horace Mann Educators’s dividend payout ratio is presently 36.92%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Weiss Ratings restated 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 report on Saturday, February 7th. One 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 company. According to MarketBeat, Horace Mann Educators has a consensus rating of “Buy” and a consensus target price of $47.33.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. lifted its holdings in shares of Horace Mann Educators by 51.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 663,520 shares of the insurance provider’s stock valued at $29,971,000 after buying an additional 225,800 shares during the period. Arrowstreet Capital Limited Partnership grew 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 valued at $31,495,000 after acquiring an additional 220,275 shares during the period. Millennium Management LLC increased its holdings in Horace Mann Educators by 310.0% in the 3rd quarter. Millennium Management LLC now owns 275,109 shares of the insurance provider’s stock worth $12,427,000 after acquiring an additional 208,014 shares in the last quarter. Invesco Ltd. lifted its holdings in Horace Mann Educators by 32.0% during the third quarter. Invesco Ltd. now owns 645,659 shares of the insurance provider’s stock valued at $29,164,000 after purchasing an additional 156,652 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Horace Mann Educators during the 2nd quarter valued at $5,749,000. Institutional investors own 99.28% of the company’s stock.

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.