Horace Mann Educators (NYSE:HMN) CEO Sells 7,500 Shares of Stock

Horace Mann Educators Corporation (NYSE:HMN) CEO Marita Zuraitis sold 7,500 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $52.62, for a total value of $394,650.00. Following the sale, the chief executive officer owned 314,629 shares in the company, valued at approximately $16,555,777.98. The trade was a 2.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Marita Zuraitis also recently made the following trade(s):

• On Tuesday, June 2nd, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.25, for a total value of $346,875.00.
• On Tuesday, May 19th, Marita Zuraitis sold 14 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.15, for a total value of $646.10.
• On Wednesday, May 6th, Marita Zuraitis sold 2 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.15, for a total value of $92.30.
• On Tuesday, May 5th, Marita Zuraitis sold 403 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.02, for a total transaction of $18,546.06.
• On Monday, May 4th, Marita Zuraitis sold 266 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.16, for a total transaction of $12,278.56.
• On Friday, May 1st, Marita Zuraitis sold 6,815 shares of Horace Mann Educators stock. The shares were sold at an average price of $46.16, for a total transaction of $314,580.40.
• On Thursday, April 23rd, Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock. The stock was sold at an average price of $46.16, for a total transaction of $346,200.00.

Horace Mann Educators Stock Performance

NYSE HMN traded up $0.93 on Thursday, reaching $53.55. 54,435 shares of the company’s stock traded hands, compared to its average volume of 249,688. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of 13.49 and a beta of 0.09. The stock has a 50 day moving average price of $47.17 and a 200-day moving average price of $45.04. Horace Mann Educators Corporation has a fifty-two week low of $40.04 and a fifty-two week high of $54.25. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.08 and a current ratio of 0.08.

Horace Mann Educators (NYSE:HMN) last announced its quarterly earnings results on Friday, May 8th. The insurance provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.18. The company had revenue of $429.30 million for the quarter, compared to the consensus estimate of $319.10 million. Horace Mann Educators had a return on equity of 14.15% and a net margin of 9.63%.The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period last year, the firm earned $1.07 EPS. Equities research analysts predict that Horace Mann Educators Corporation will post 4.49 EPS for the current fiscal year.

Horace Mann Educators Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Monday, June 15th. Horace Mann Educators’s dividend payout ratio (DPR) is 36.18%.

Institutional Investors Weigh In On Horace Mann Educators

Several hedge funds have recently modified their holdings of HMN. Dimensional Fund Advisors LP grew its position in shares of Horace Mann Educators by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,184,648 shares of the insurance provider’s stock valued at $93,243,000 after acquiring an additional 12,556 shares during the period. State Street Corp increased its stake in shares of Horace Mann Educators by 4.7% in the 4th quarter. State Street Corp now owns 1,697,576 shares of the insurance provider’s stock valued at $78,394,000 after purchasing an additional 76,295 shares in the last quarter. Geode Capital Management LLC raised its holdings in Horace Mann Educators by 2.8% in the 4th quarter. Geode Capital Management LLC now owns 1,042,622 shares of the insurance provider’s stock worth $48,156,000 after purchasing an additional 28,763 shares during the period. American Century Companies Inc. boosted its position in 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 worth $37,463,000 after purchasing an additional 97,366 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in Horace Mann Educators by 1.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 744,369 shares of the insurance provider’s stock worth $33,623,000 after purchasing an additional 11,411 shares in the last quarter. 99.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings raised Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $46.50.

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.