Ieq Capital LLC acquired a new position in shares of Horace Mann Educators Corporation (NYSE:HMN – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 22,498 shares of the insurance provider’s stock, valued at approximately $1,162,000.
Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada increased its position in shares of Horace Mann Educators by 36.2% in the first quarter. Royal Bank of Canada now owns 8,251 shares of the insurance provider’s stock valued at $352,000 after buying an additional 2,194 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Horace Mann Educators by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,449 shares of the insurance provider’s stock worth $1,045,000 after buying an additional 1,064 shares in the last quarter. Caxton Associates LLP purchased a new stake in shares of Horace Mann Educators in the 1st quarter worth about $313,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Horace Mann Educators by 5.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 138,788 shares of the insurance provider’s stock valued at $5,930,000 after acquiring an additional 7,542 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in Horace Mann Educators by 313.8% in the 1st quarter. Jane Street Group LLC now owns 91,640 shares of the insurance provider’s stock valued at $3,916,000 after acquiring an additional 69,492 shares during the last quarter. 99.28% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, CEO Marita Zuraitis sold 7,500 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $52.03, for a total transaction of $390,225.00. Following the completion of the transaction, the chief executive officer owned 307,129 shares of the company’s stock, valued at $15,979,921.87. This represents a 2.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 22,500 shares of company stock valued at $1,131,750. 3.60% of the stock is owned by insiders.
Horace Mann Educators Trading Up 0.8%
Horace Mann Educators (NYSE:HMN – Get Free Report) last released its earnings results on Wednesday, August 5th. The insurance provider reported $1.17 EPS for the quarter, beating the consensus estimate of $0.79 by $0.38. Horace Mann Educators had a return on equity of 14.08% and a net margin of 10.15%.The firm had revenue of $443.50 million during the quarter, compared to analyst estimates of $321.70 million. During the same period in the prior year, the firm posted $1.06 earnings per share. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. As a group, analysts forecast that Horace Mann Educators Corporation will post 4.78 EPS for the current year.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on HMN shares. Raymond James Financial restated a “strong-buy” rating and set a $59.00 target price on shares of Horace Mann Educators in a research report on Thursday, August 13th. Zacks Research upgraded Horace Mann Educators from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Finally, Weiss Ratings raised shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, June 15th. Three equities research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Strong Buy” and an average price target of $59.00.
Get Our Latest Stock Report on Horace Mann Educators
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.
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