American Century Companies Inc. Acquires 26,864 Shares of Unum Group $UNM

American Century Companies Inc. boosted its holdings in shares of Unum Group (NYSE:UNM) by 5.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 523,866 shares of the financial services provider’s stock after acquiring an additional 26,864 shares during the quarter. American Century Companies Inc. owned 0.31% of Unum Group worth $40,746,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC acquired a new position in shares of Unum Group during the second quarter worth $30,000. Vermillion & White Wealth Management Group LLC raised its position in Unum Group by 44.0% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 537 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 164 shares during the last quarter. True Wealth Design LLC raised its position in Unum Group by 36.2% during the 3rd quarter. True Wealth Design LLC now owns 587 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 156 shares during the last quarter. SJS Investment Consulting Inc. lifted its holdings in Unum Group by 2,350.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 588 shares of the financial services provider’s stock worth $46,000 after buying an additional 564 shares during the period. Finally, Root Financial Partners LLC bought a new stake in shares of Unum Group in the 3rd quarter valued at about $76,000. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UNM has been the subject of a number of analyst reports. Jefferies Financial Group restated a “buy” rating and set a $115.00 price objective on shares of Unum Group in a research report on Monday, January 5th. Citigroup reiterated a “market perform” rating on shares of Unum Group in a report on Thursday, December 18th. UBS Group decreased their target price on shares of Unum Group from $85.00 to $81.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. Weiss Ratings upgraded shares of Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Finally, Morgan Stanley reduced their price objective on shares of Unum Group from $85.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $94.40.

Insiders Place Their Bets

In other Unum Group news, CAO Walter Lynn Rice, Jr. sold 900 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $73.50, for a total transaction of $66,150.00. Following the sale, the chief accounting officer directly owned 8,940 shares of the company’s stock, valued at $657,090. This represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Timothy F. Keaney sold 4,500 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $72.58, for a total transaction of $326,610.00. Following the completion of the transaction, the director directly owned 38,592 shares in the company, valued at approximately $2,801,007.36. The trade was a 10.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 14,400 shares of company stock valued at $1,049,760 in the last three months. 0.92% of the stock is currently owned by insiders.

Unum Group Price Performance

UNM stock opened at $73.64 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.37 and a current ratio of 0.37. The business has a 50-day simple moving average of $75.34 and a two-hundred day simple moving average of $75.37. The company has a market capitalization of $12.06 billion, a P/E ratio of 17.33, a price-to-earnings-growth ratio of 1.67 and a beta of 0.20. Unum Group has a 52-week low of $66.81 and a 52-week high of $84.48.

Unum Group (NYSE:UNM) last issued its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.92 EPS for the quarter, missing the consensus estimate of $2.11 by ($0.19). Unum Group had a return on equity of 12.62% and a net margin of 5.65%.The company had revenue of $3.25 billion during the quarter, compared to analysts’ expectations of $3.29 billion. During the same period last year, the company earned $2.03 earnings per share. The business’s revenue for the quarter was up .2% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Research analysts expect that Unum Group will post 9.14 EPS for the current fiscal year.

Unum Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, January 30th were paid a dividend of $0.46 per share. The ex-dividend date was Friday, January 30th. This represents a $1.84 annualized dividend and a yield of 2.5%. Unum Group’s dividend payout ratio (DPR) is 43.29%.

Unum Group announced that its board has authorized a share repurchase plan on Thursday, December 4th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to reacquire up to 8.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s board believes its stock is undervalued.

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.