Vanguard Group Inc. boosted its holdings in Horace Mann Educators Corporation (NYSE:HMN – Free Report) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,007,719 shares of the insurance provider’s stock after buying an additional 78,079 shares during the quarter. Vanguard Group Inc. owned 12.31% of Horace Mann Educators worth $226,199,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of HMN. Smartleaf Asset Management LLC raised its holdings in Horace Mann Educators by 49.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock worth $31,000 after buying an additional 232 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Horace Mann Educators by 222.3% during the second quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock valued at $39,000 after acquiring an additional 627 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in shares of Horace Mann Educators in the 2nd quarter valued at approximately $47,000. Blue Trust Inc. boosted its stake in Horace Mann Educators by 33.0% in the 3rd quarter. Blue Trust Inc. now owns 1,201 shares of the insurance provider’s stock worth $54,000 after purchasing an additional 298 shares during the period. Finally, Versant Capital Management Inc grew its position in Horace Mann Educators by 36.6% during the 3rd quarter. Versant Capital Management Inc now owns 1,307 shares of the insurance provider’s stock worth $59,000 after purchasing an additional 350 shares in the last quarter. Institutional investors and hedge funds own 99.28% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on HMN. Weiss Ratings restated a “buy (b)” rating on shares of Horace Mann Educators in a report on Wednesday, January 28th. Wall Street Zen lowered Horace Mann Educators from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $47.33.
Insider Buying and Selling at Horace Mann Educators
In other news, Director Victor Fetter acquired 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was acquired at an average cost of $42.73 per share, with a total value of $149,555.00. Following the acquisition, the director owned 22,292 shares in the company, valued at approximately $952,537.16. This represents a 18.62% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.80% of the company’s stock.
Horace Mann Educators Stock Down 0.1%
HMN stock opened at $43.51 on Monday. The firm has a market cap of $1.77 billion, a PE ratio of 11.16 and a beta of 0.07. Horace Mann Educators Corporation has a 1 year low of $38.76 and a 1 year high of $48.33. The company has a fifty day simple moving average of $44.03 and a 200 day simple moving average of $44.91. The company has a current ratio of 0.12, a quick ratio of 0.10 and a debt-to-equity ratio of 0.40.
Horace Mann Educators (NYSE:HMN – Get Free Report) last announced its quarterly earnings results on Friday, February 27th. The insurance provider reported $1.21 earnings per share for the quarter. The company had revenue of $434.80 million during the quarter. Horace Mann Educators had a return on equity of 13.92% and a net margin of 9.53%. Sell-side analysts anticipate that Horace Mann Educators Corporation will post 3.87 EPS for the current fiscal year.
Horace Mann Educators Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were given a $0.35 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.2%. Horace Mann Educators’s dividend payout ratio (DPR) is currently 35.90%.
Horace Mann Educators 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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