Unum Group (NYSE:UNM) Stock Price Expected to Rise, Barclays Analyst Says

Unum Group (NYSE:UNM) had its price objective increased by stock analysts at Barclays from $105.00 to $110.00 in a research note issued on Monday,Benzinga reports. The firm presently has an “overweight” rating on the financial services provider’s stock. Barclays‘s target price would suggest a potential upside of 28.10% from the company’s current price.

UNM has been the topic of several other reports. Keefe, Bruyette & Woods reaffirmed a “moderate buy” rating and issued a $95.00 target price on shares of Unum Group in a research report on Thursday, March 26th. Zacks Research upgraded Unum Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Bank of America cut their price objective on Unum Group from $83.00 to $77.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. UBS Group lifted their price objective on Unum Group from $81.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Finally, Wall Street Zen upgraded Unum Group from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $95.36.

Unum Group Trading Down 7.0%

Unum Group stock traded down $6.47 during trading on Monday, reaching $85.87. The company had a trading volume of 920,786 shares, compared to its average volume of 1,510,751. Unum Group has a 12-month low of $68.28 and a 12-month high of $93.21. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.35 and a current ratio of 0.35. The stock’s 50 day moving average price is $85.37 and its two-hundred day moving average price is $79.03. The firm has a market capitalization of $13.72 billion, a price-to-earnings ratio of 18.80, a PEG ratio of 0.93 and a beta of 0.25.

Unum Group (NYSE:UNM) last posted its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.07 by $0.07. The company had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $2.91 billion. Unum Group had a net margin of 5.86% and a return on equity of 12.60%. Unum Group’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.04 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. As a group, equities analysts expect that Unum Group will post 8.77 earnings per share for the current fiscal year.

Insider Activity at Unum Group

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $80.14, for a total transaction of $961,680.00. Following the transaction, the executive vice president owned 42,587 shares in the company, valued at $3,412,922.18. The trade was a 21.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Unum Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Laurel Wealth Advisors LLC acquired a new stake in Unum Group in the fourth quarter valued at approximately $25,000. SHP Wealth Management acquired a new position in shares of Unum Group during the fourth quarter worth $25,000. MBM Wealth Consultants LLC purchased a new position in shares of Unum Group in the first quarter valued at $29,000. Triumph Capital Management acquired a new stake in Unum Group during the 3rd quarter valued at $31,000. Finally, Ancora Advisors LLC grew its holdings in Unum Group by 385.2% during the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

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.