Unum Group (NYSE:UNM) Price Target Raised to $85.00

Unum Group (NYSE:UNM) had its target price boosted by UBS Group from $81.00 to $85.00 in a report published on Thursday, MarketBeat reports. The firm currently has a neutral rating on the financial services provider’s stock.

Other equities analysts have also recently issued reports about the stock. Morgan Stanley dropped 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, March 3rd. Barclays reissued an “overweight” rating on shares of Unum Group in a research note on Friday, February 6th. Keefe, Bruyette & Woods reissued a “moderate buy” rating and issued a $95.00 price objective on shares of Unum Group in a research note on Thursday, March 26th. Wall Street Zen cut shares of Unum Group from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Finally, Zacks Research raised shares of Unum Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Unum Group currently has an average rating of “Moderate Buy” and a consensus target price of $94.50.

Unum Group Stock Up 0.1%

UNM stock opened at $76.74 on Thursday. The company has a fifty day moving average price of $73.54 and a 200 day moving average price of $75.65. Unum Group has a 12 month low of $68.28 and a 12 month high of $83.13. The company has a market cap of $12.57 billion, a price-to-earnings ratio of 18.06, a price-to-earnings-growth ratio of 1.67 and a beta of 0.19. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.37 and a quick ratio of 0.37.

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

Unum Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, April 24th will be paid a dividend of $0.46 per share. The ex-dividend date of this dividend is Friday, April 24th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.4%. Unum Group’s dividend payout ratio is 43.29%.

Insider Activity at Unum Group

In other news, EVP Christopher W. Pyne sold 4,852 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $72.47, for a total transaction of $351,624.44. Following the transaction, the executive vice president directly owned 52,268 shares of the company’s stock, valued at $3,787,861.96. This represents a 8.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Lisa G. Iglesias sold 3,500 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $73.00, for a total transaction of $255,500.00. Following the transaction, the executive vice president directly owned 29,453 shares in the company, valued at approximately $2,150,069. This trade represents a 10.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 21,852 shares of company stock valued at $1,590,734. Company insiders own 0.92% of the company’s stock.

Hedge Funds Weigh In On Unum Group

A number of institutional investors and hedge funds have recently made changes to their positions in UNM. OneDigital Investment Advisors LLC grew its stake in Unum Group by 4.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,484 shares of the financial services provider’s stock valued at $271,000 after acquiring an additional 141 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in Unum Group by 5.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,781 shares of the financial services provider’s stock valued at $218,000 after acquiring an additional 149 shares during the last quarter. True Wealth Design LLC grew its stake in Unum Group by 36.2% in the 3rd quarter. True Wealth Design LLC now owns 587 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 156 shares during the last quarter. Larson Financial Group LLC grew its stake in Unum Group by 0.4% in the 4th quarter. Larson Financial Group LLC now owns 37,864 shares of the financial services provider’s stock valued at $2,934,000 after acquiring an additional 159 shares during the last quarter. Finally, Arizona State Retirement System grew its stake in Unum Group by 0.3% in the 3rd quarter. Arizona State Retirement System now owns 49,017 shares of the financial services provider’s stock valued at $3,813,000 after acquiring an additional 160 shares during the last quarter. 86.57% of the stock is owned by institutional investors and hedge funds.

Unum Group News Roundup

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

• Positive Sentiment: UBS raised its price target to $85 (from $81), signaling modestly improved analyst optimism and implying roughly a mid‑teens upside from current levels. Unum Group (NYSE:UNM) Given New $85.00 Price Target at UBS Group
• Positive Sentiment: Wells Fargo cut its target slightly to $99 (from $102) but kept an “overweight” rating — that still implies a sizeable (~29%) upside from current prices and acts as a strong bullish endorsement. Wells Fargo Lowers Price Target to $99
• Positive Sentiment: Unum announced a quarterly dividend of $0.46 per share (ex-dividend April 24; payable May 15), implying about a 2.4% yield — dividend income supports investor demand and helps underpin the share price.
• Negative Sentiment: Zacks trimmed Q1 and FY2028 EPS estimates modestly (Q1: $2.74 → $2.70; FY2028: $10.72 → $10.59) and remains at a “Hold” view, which could cap upside until clearer earnings momentum or guidance appears. Zacks Lowers Estimates for Unum

Unum Group Company Profile

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.