Dimensional Fund Advisors LP Has $293.84 Million Stock Position in Unum Group $UNM

Dimensional Fund Advisors LP raised its holdings in Unum Group (NYSE:UNM) by 5.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,777,880 shares of the financial services provider’s stock after acquiring an additional 179,401 shares during the quarter. Dimensional Fund Advisors LP owned about 2.26% of Unum Group worth $293,837,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Legacy Investment Solutions LLC acquired a new position in shares of Unum Group during the 2nd quarter worth about $30,000. Vermillion & White Wealth Management Group LLC boosted its stake 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 acquiring an additional 164 shares during the last quarter. True Wealth Design LLC grew its holdings in Unum Group by 36.2% during the third quarter. True Wealth Design LLC now owns 587 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 156 shares during the period. SJS Investment Consulting Inc. grew its holdings in Unum Group by 2,350.0% during the third quarter. SJS Investment Consulting Inc. now owns 588 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 564 shares during the period. Finally, Root Financial Partners LLC bought a new stake in Unum Group in the third quarter valued at approximately $76,000. Institutional investors and hedge funds own 86.57% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on UNM. UBS Group dropped their price objective on Unum Group from $85.00 to $81.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Morgan Stanley decreased their target price on Unum Group from $85.00 to $80.00 and set an “equal weight” rating for the company in a research note on Tuesday. Wall Street Zen downgraded Unum Group from a “hold” rating to a “sell” rating in a report on Saturday. Barclays reiterated an “overweight” rating on shares of Unum Group in a report on Friday, February 6th. Finally, Wells Fargo & Company decreased their price objective on Unum Group from $104.00 to $102.00 and set an “overweight” rating for the company in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Unum Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.40.

Unum Group Stock Down 0.9%

Shares of Unum Group stock opened at $73.64 on Friday. The firm has a market cap of $12.06 billion, a PE ratio of 17.33, a P/E/G ratio of 1.67 and a beta of 0.20. The business’s 50 day simple moving average is $75.34 and its 200 day simple moving average is $75.37. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.37 and a current ratio of 0.37. Unum Group has a 52-week low of $66.81 and a 52-week high of $84.48.

Unum Group (NYSE:UNM) last posted its quarterly earnings data 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 business had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.29 billion. Unum Group had a return on equity of 12.62% and a net margin of 5.65%.The company’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.03 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. On average, analysts predict that Unum Group will post 9.14 earnings per share for the current fiscal year.

Unum Group Dividend Announcement

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

Unum Group declared that its board has approved a share buyback program on Thursday, December 4th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire up to 8.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Insider Activity at Unum Group

In related 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 value of $66,150.00. Following the transaction, the chief accounting officer directly owned 8,940 shares in the company, valued at approximately $657,090. This represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Cynthia Egan sold 9,000 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $73.00, for a total transaction of $657,000.00. Following the transaction, the director directly owned 42,846 shares in the company, valued at approximately $3,127,758. This represents a 17.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 14,400 shares of company stock worth $1,049,760. Insiders own 0.92% of the company’s stock.

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.