Unum Group (UNM) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Unum Group (NYSE: UNM):

• 2/24/2025 – Unum Group was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 2/19/2025 – Unum Group had its price target raised by analysts at Wells Fargo & Company from $81.00 to $91.00. They now have an “overweight” rating on the stock.
• 2/14/2025 – Unum Group was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 2/12/2025 – Unum Group had its price target raised by analysts at Keefe, Bruyette & Woods from $88.00 to $90.00. They now have an “outperform” rating on the stock.
• 2/6/2025 – Unum Group had its price target raised by analysts at Piper Sandler from $82.00 to $87.00. They now have an “overweight” rating on the stock.
• 2/6/2025 – Unum Group was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/23/2025 – Unum Group is now covered by analysts at BMO Capital Markets. They set an “outperform” rating and a $91.00 price target on the stock.
• 1/14/2025 – Unum Group had its price target raised by analysts at Wells Fargo & Company from $74.00 to $81.00. They now have an “overweight” rating on the stock.
• 1/7/2025 – Unum Group had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $79.00 price target on the stock, up previously from $74.00.
• 1/6/2025 – Unum Group had its price target raised by analysts at Barclays PLC from $76.00 to $85.00. They now have an “overweight” rating on the stock.

Unum Group Stock Performance

Shares of UNM stock opened at $74.74 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.28 and a current ratio of 0.29. The stock has a market capitalization of $13.65 billion, a price-to-earnings ratio of 7.89, a PEG ratio of 1.14 and a beta of 0.80. Unum Group has a one year low of $48.38 and a one year high of $79.43. The company’s 50-day simple moving average is $74.30 and its 200-day simple moving average is $67.10.

Unum Group (NYSE:UNM) last issued its earnings results on Tuesday, February 4th. The financial services provider reported $2.03 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.11). Unum Group had a return on equity of 14.91% and a net margin of 13.81%. Equities analysts anticipate that Unum Group will post 9.14 earnings per share for the current fiscal year.

Unum Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 24th were given a $0.42 dividend. The ex-dividend date was Friday, January 24th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.25%. Unum Group’s payout ratio is currently 17.74%.

Insider Activity

In other Unum Group news, EVP Timothy Gerald Arnold sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $76.92, for a total value of $769,200.00. Following the transaction, the executive vice president now owns 54,827 shares of the company’s stock, valued at $4,217,292.84. This trade represents a 15.43 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.93% of the company’s stock.

Institutional Trading of Unum Group

A number of institutional investors and hedge funds have recently made changes to their positions in UNM. Barrett & Company Inc. increased its position in Unum Group by 300.0% in the fourth quarter. Barrett & Company Inc. now owns 396 shares of the financial services provider’s stock worth $29,000 after buying an additional 297 shares during the period. Capital Performance Advisors LLP bought a new stake in Unum Group in the 3rd quarter valued at about $31,000. Kestra Investment Management LLC bought a new stake in Unum Group in the 4th quarter valued at about $38,000. Millstone Evans Group LLC acquired a new position in Unum Group during the 4th quarter valued at about $45,000. Finally, Quarry LP grew its position in Unum Group by 4,794.7% in the 3rd quarter. Quarry LP now owns 930 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 911 shares during the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, Poland, and internationally. It operates through Unum US, Unum International, Colonial Life, and Closed Block segment. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products.