Wells Fargo & Company Lowers Unum Group (NYSE:UNM) Price Target to $99.00

Unum Group (NYSE:UNM) had its price objective decreased by investment analysts at Wells Fargo & Company from $102.00 to $99.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the financial services provider’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 29.01% from the company’s previous close.

Several other equities research analysts have also issued reports on UNM. Jefferies Financial Group reaffirmed a “buy” rating and set a $115.00 price target on shares of Unum Group in a research note on Monday, January 5th. Weiss Ratings lowered Unum Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 27th. Morgan Stanley reduced their price target on shares of Unum Group from $85.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 3rd. Barclays reiterated an “overweight” rating on shares of Unum Group in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Unum Group from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $94.50.

Unum Group Stock Performance

Shares of UNM opened at $76.74 on Friday. The company has a market cap of $12.57 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 1.67 and a beta of 0.19. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.34. The stock has a 50-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.

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

Insider Activity

In related news, Director Cynthia Egan sold 9,000 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $73.00, for a total transaction of $657,000.00. Following the completion of the sale, the director directly owned 42,846 shares in the company, valued at $3,127,758. This represents a 17.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, 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 sale, the executive vice president owned 52,268 shares of the company’s stock, valued at $3,787,861.96. This represents a 8.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 21,852 shares of company stock valued at $1,590,734. 0.92% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Unum Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Norges Bank bought a new position in shares of Unum Group during the fourth quarter valued at approximately $1,108,919,000. First Trust Advisors LP raised its holdings in shares of Unum Group by 4.0% during the third quarter. First Trust Advisors LP now owns 5,734,937 shares of the financial services provider’s stock valued at $446,063,000 after acquiring an additional 223,095 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Unum Group by 0.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,653,246 shares of the financial services provider’s stock valued at $438,127,000 after purchasing an additional 26,753 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Unum Group by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,791,712 shares of the financial services provider’s stock valued at $293,868,000 after purchasing an additional 13,832 shares in the last quarter. Finally, Allianz Asset Management GmbH boosted its stake in shares of Unum Group by 63.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 2,516,126 shares of the financial services provider’s stock valued at $195,704,000 after purchasing an additional 978,937 shares in the last quarter. Institutional investors own 86.57% of the company’s stock.

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.