Vise Technologies Inc. Makes New Investment in Unum Group $UNM

Vise Technologies Inc. purchased a new stake in Unum Group (NYSE:UNM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,588 shares of the financial services provider’s stock, valued at approximately $1,751,000.

Other institutional investors also recently modified their holdings of the company. Norges Bank bought a new position in shares of Unum Group during the fourth quarter worth about $1,108,919,000. Zurich Insurance Group Ltd FI acquired a new stake in Unum Group in the 4th quarter valued at approximately $58,860,000. Alyeska Investment Group L.P. lifted its stake in Unum Group by 365.3% in the 4th quarter. Alyeska Investment Group L.P. now owns 930,534 shares of the financial services provider’s stock valued at $72,116,000 after acquiring an additional 730,534 shares in the last quarter. AQR Capital Management LLC lifted its stake in Unum Group by 35.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,339,289 shares of the financial services provider’s stock valued at $181,622,000 after acquiring an additional 607,684 shares in the last quarter. Finally, Two Sigma Investments LP boosted its position in Unum Group by 127.3% during the 3rd quarter. Two Sigma Investments LP now owns 864,485 shares of the financial services provider’s stock worth $67,240,000 after acquiring an additional 484,107 shares during the last quarter. 86.57% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on UNM shares. Weiss Ratings raised shares of Unum Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 28th. Truist Financial boosted their price objective on shares of Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Evercore restated an “outperform” rating and set a $106.00 target price on shares of Unum Group in a report on Tuesday, July 7th. Wells Fargo & Company raised their target price on shares of Unum Group from $100.00 to $101.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. Finally, Jefferies Financial Group lifted their price target on shares of Unum Group from $117.00 to $123.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Unum Group has a consensus rating of “Moderate Buy” and a consensus target price of $99.00.

Unum Group Stock Up 0.9%

UNM stock opened at $87.75 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.35. The business has a 50 day moving average price of $89.38 and a two-hundred day moving average price of $81.70. The company has a market cap of $13.89 billion, a price-to-earnings ratio of 20.45, a P/E/G ratio of 0.92 and a beta of 0.26. Unum Group has a twelve month low of $68.70 and a twelve month high of $94.55.

Unum Group (NYSE:UNM) last posted its quarterly earnings results on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share for the quarter, hitting the consensus estimate of $2.16. Unum Group had a return on equity of 12.60% and a net margin of 5.26%.The firm had revenue of $3.39 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the previous year, the firm earned $1.92 EPS. The business’s quarterly revenue was up .3% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Analysts anticipate that Unum Group will post 8.65 EPS for the current fiscal year.

Unum Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 24th were issued a dividend of $0.505 per share. The ex-dividend date was Friday, July 24th. This is a positive change from Unum Group’s previous quarterly dividend of $0.46. This represents a $2.02 dividend on an annualized basis and a yield of 2.3%. Unum Group’s dividend payout ratio is presently 47.09%.

About Unum Group

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.