Wedge Capital Management L L P NC Lowers Stock Holdings in Unum Group $UNM

Wedge Capital Management L L P NC cut its holdings in shares of Unum Group (NYSE:UNM) by 6.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 390,340 shares of the financial services provider’s stock after selling 28,492 shares during the quarter. Wedge Capital Management L L P NC owned about 0.24% of Unum Group worth $34,896,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Prosperity Consulting Group LLC boosted its position in shares of Unum Group by 1.6% in the first quarter. Prosperity Consulting Group LLC now owns 8,157 shares of the financial services provider’s stock worth $596,000 after acquiring an additional 128 shares during the last quarter. D.A. Davidson & CO. raised its stake in Unum Group by 1.9% during the first quarter. D.A. Davidson & CO. now owns 7,922 shares of the financial services provider’s stock worth $579,000 after purchasing an additional 144 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Unum Group by 5.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,781 shares of the financial services provider’s stock worth $218,000 after buying an additional 149 shares during the last quarter. Larson Financial Group LLC increased its holdings in shares of Unum Group by 0.4% during the 4th quarter. Larson Financial Group LLC now owns 37,864 shares of the financial services provider’s stock worth $2,934,000 after buying an additional 159 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its position in shares of Unum Group by 3.0% in the 1st quarter. Arkadios Wealth Advisors now owns 5,459 shares of the financial services provider’s stock worth $399,000 after buying an additional 159 shares during the period. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UNM. Truist Financial lifted their target price on Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Atlantic Securities set a $88.00 price objective on Unum Group in a report on Wednesday, July 15th. Wells Fargo & Company lifted their price objective on Unum Group from $100.00 to $101.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Wolfe Research dropped their target price on shares of Unum Group from $102.00 to $100.00 and set an “outperform” rating for the company in a research report on Monday, July 6th. Finally, Evercore reaffirmed an “outperform” rating and set a $106.00 price target on shares of Unum Group in a research report on Tuesday, July 7th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.00.

Unum Group Stock Performance

Shares of UNM stock opened at $89.88 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.34 and a quick ratio of 0.34. The company’s fifty day moving average price is $89.06 and its two-hundred day moving average price is $80.95. The firm has a market capitalization of $14.23 billion, a P/E ratio of 20.95, a P/E/G ratio of 0.96 and a beta of 0.26. Unum Group has a 12 month low of $68.28 and a 12 month high of $93.21.

Unum Group (NYSE:UNM) last announced its earnings results on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.16. Unum Group had a return on equity of 12.60% and a net margin of 5.26%.The business had revenue of $3.39 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same period in the previous year, the company earned $1.92 earnings per share. The company’s revenue for the quarter was up .3% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. On average, research analysts anticipate that Unum Group will post 8.66 earnings per share for the current fiscal year.

Unum Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 24th will be issued a dividend of $0.505 per share. The ex-dividend date is Friday, July 24th. This represents a $2.02 annualized dividend and a yield of 2.2%. This is a boost from Unum Group’s previous quarterly dividend of $0.46. Unum Group’s dividend payout ratio (DPR) is presently 47.09%.

Unum Group News Summary

Here are the key news stories impacting Unum Group this week:

• Positive Sentiment: Zacks raised its Q3 2027 EPS estimate to $2.46 from $2.39 and its Q4 2027 estimate to $2.42 from $2.36, indicating improved expectations for the second half of 2027.
• Neutral Sentiment: Zacks’ current estimates imply full-year EPS of $8.64 for 2026, $9.41 for 2027 and $10.32 for 2028. The 2026 forecast remains close to the broader consensus estimate of $8.66, while the analyst still expects earnings to grow in subsequent years.
• Negative Sentiment: Zacks reduced estimates for several periods, including Q3 2026 EPS to $2.18 from $2.21, Q4 2026 to $2.16 from $2.21, Q1 2027 to $2.20 from $2.26, Q2 2027 to $2.33 from $2.53, FY2027 to $9.41 from $9.54, Q2 2028 to $2.58 from $2.78 and FY2028 to $10.32 from $10.50.
• Negative Sentiment: The largest reductions affect Q2 2027 and Q2 2028, which may raise concerns about the pace of Unum’s earnings momentum and weigh on valuation, particularly with the stock trading near its 52-week high.

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.