Unum Group $UNM Position Increased by Optas LLC

Optas LLC boosted its holdings in Unum Group (NYSE:UNM) by 188.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,503 shares of the financial services provider’s stock after buying an additional 5,558 shares during the quarter. Optas LLC’s holdings in Unum Group were worth $621,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Laurel Wealth Advisors LLC bought a new stake in shares of Unum Group during the 4th quarter worth $25,000. SHP Wealth Management acquired a new position in shares of Unum Group in the 4th quarter worth $25,000. MBM Wealth Consultants LLC acquired a new stake in shares of Unum Group during the first quarter worth $29,000. Triumph Capital Management acquired a new stake in shares of Unum Group during the third quarter worth $31,000. Finally, Ancora Advisors LLC lifted its holdings in shares of Unum Group by 385.2% during the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 339 shares during the last quarter. Institutional investors own 86.57% of the company’s stock.

Insider Activity

In related news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $80.14, for a total value of $961,680.00. Following the completion of the sale, the executive vice president owned 42,587 shares of the company’s stock, valued at approximately $3,412,922.18. The trade was a 21.98% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have issued reports on UNM shares. Keefe, Bruyette & Woods restated a “moderate buy” rating and set a $95.00 price objective on shares of Unum Group in a report on Thursday, March 26th. Weiss Ratings upgraded shares of Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Bank of America dropped their target price 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. Zacks Research upgraded shares of Unum Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Finally, 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 report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $94.00.

Unum Group Stock Up 1.0%

NYSE:UNM opened at $92.31 on Friday. The firm has a market capitalization of $14.75 billion, a price-to-earnings ratio of 20.07, a PEG ratio of 0.92 and a beta of 0.25. Unum Group has a 1-year low of $68.28 and a 1-year high of $93.21. 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 business’s fifty day moving average price is $85.07 and its 200 day moving average price is $78.92.

Unum Group (NYSE:UNM) last announced its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.07. The firm had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $2.91 billion. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The business’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the business earned $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. On average, sell-side analysts forecast that Unum Group will post 8.77 earnings per share for the current fiscal year.

Unum Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a dividend of $0.46 per share. 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 2.0%. Unum Group’s dividend payout ratio (DPR) is presently 40.00%.

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.