Total Wealth Planning & Management Inc. Invests $619,000 in Unum Group $UNM

Total Wealth Planning & Management Inc. bought a new position in shares of Unum Group (NYSE:UNM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,988 shares of the financial services provider’s stock, valued at approximately $619,000.

Other large investors have also modified their holdings of the company. UBS Group AG grew its holdings in shares of Unum Group by 5.4% during the fourth quarter. UBS Group AG now owns 1,356,916 shares of the financial services provider’s stock worth $105,161,000 after buying an additional 68,957 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Unum Group by 1,167.7% during the 4th quarter. SG Americas Securities LLC now owns 153,696 shares of the financial services provider’s stock valued at $11,911,000 after acquiring an additional 141,572 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Unum Group by 4.0% during the 3rd quarter. First Trust Advisors LP now owns 5,734,937 shares of the financial services provider’s stock valued at $446,063,000 after acquiring an additional 223,095 shares during the last quarter. Qsemble Capital Management LP boosted its position in shares of Unum Group by 245.9% during the 4th quarter. Qsemble Capital Management LP now owns 106,742 shares of the financial services provider’s stock valued at $8,273,000 after acquiring an additional 75,885 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of Unum Group during the 4th quarter valued at about $1,898,000. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Insider Buying and Selling at Unum Group

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $80.14, for a total value of $961,680.00. Following the transaction, the executive vice president owned 42,587 shares of the company’s stock, valued at $3,412,922.18. This represents a 21.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Lisa G. Iglesias sold 3,500 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $73.00, for a total transaction of $255,500.00. Following the completion of the transaction, the executive vice president directly owned 29,453 shares in the company, valued at $2,150,069. The trade was a 10.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 20,352 shares of company stock valued at $1,568,804 over the last 90 days. 1.00% of the stock is owned by insiders.

Unum Group Trading Up 1.8%

Shares of UNM stock opened at $84.99 on Friday. The company’s 50-day moving average price is $79.43 and its 200-day moving average price is $76.82. Unum Group has a twelve month low of $68.28 and a twelve month high of $85.39. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. The stock has a market cap of $13.58 billion, a price-to-earnings ratio of 18.48, a PEG ratio of 0.85 and a beta of 0.24.

Unum Group (NYSE:UNM) last posted its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, beating analysts’ consensus estimates of $2.07 by $0.07. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. The company had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $2.91 billion. During the same quarter in the prior year, the company posted $2.04 earnings per share. Unum Group’s revenue for the quarter was up 8.5% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. As a group, equities analysts predict that Unum Group will post 8.76 earnings per share for the current year.

Unum Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were given a $0.46 dividend. The ex-dividend date of this dividend was Friday, April 24th. This represents a $1.84 dividend on an annualized basis and a yield of 2.2%. Unum Group’s dividend payout ratio is presently 40.00%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Morgan Stanley boosted their price target on shares of Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. Wells Fargo & Company boosted their price target on shares of Unum Group from $99.00 to $100.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. JPMorgan Chase & Co. lowered their price target on shares of Unum Group from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Zacks Research raised shares of Unum Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Bank of America lowered their price target on shares of Unum Group from $83.00 to $77.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $93.83.

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.