Hodges Capital Management Inc. lifted its stake in Horace Mann Educators Corporation (NYSE:HMN – Free Report) by 25.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 94,557 shares of the insurance provider’s stock after purchasing an additional 19,093 shares during the quarter. Hodges Capital Management Inc.’s holdings in Horace Mann Educators were worth $4,271,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC lifted its stake in Horace Mann Educators by 49.7% during the third quarter. Smartleaf Asset Management LLC now owns 699 shares of the insurance provider’s stock worth $31,000 after purchasing an additional 232 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Horace Mann Educators by 222.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock valued at $39,000 after buying an additional 627 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in Horace Mann Educators during the 2nd quarter worth about $47,000. Blue Trust Inc. boosted its holdings in Horace Mann Educators by 33.0% during the 3rd quarter. Blue Trust Inc. now owns 1,201 shares of the insurance provider’s stock valued at $54,000 after acquiring an additional 298 shares during the period. Finally, Osaic Holdings Inc. grew its position in Horace Mann Educators by 181.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,326 shares of the insurance provider’s stock valued at $57,000 after acquiring an additional 855 shares in the last quarter. Institutional investors and hedge funds own 99.28% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on HMN shares. Weiss Ratings reissued a “buy (b)” rating on shares of Horace Mann Educators in a research report on Wednesday, January 28th. Wall Street Zen downgraded shares of Horace Mann Educators from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $47.33.
Insider Transactions at Horace Mann Educators
In related news, Director Henry Wade Reece sold 1,316 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $45.27, for a total value of $59,575.32. Following the completion of the transaction, the director directly owned 39,001 shares of the company’s stock, valued at $1,765,575.27. This represents a 3.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Marita Zuraitis sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $45.35, for a total transaction of $226,750.00. Following the sale, the chief executive officer directly owned 283,788 shares in the company, valued at approximately $12,869,785.80. The trade was a 1.73% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 9,316 shares of company stock valued at $427,325. Corporate insiders own 3.80% of the company’s stock.
Horace Mann Educators Trading Up 1.3%
Shares of NYSE:HMN opened at $43.13 on Wednesday. Horace Mann Educators Corporation has a 52 week low of $38.76 and a 52 week high of $48.33. The company’s 50 day moving average is $44.51 and its two-hundred day moving average is $44.93. The company has a market cap of $1.75 billion, a PE ratio of 11.06 and a beta of 0.06. The company has a current ratio of 0.12, a quick ratio of 0.10 and a debt-to-equity ratio of 0.40.
Horace Mann Educators (NYSE:HMN – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The insurance provider reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.03. The firm had revenue of $317.20 million during the quarter, compared to the consensus estimate of $447.00 million. Horace Mann Educators had a net margin of 9.53% and a return on equity of 13.92%. The company’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.68 earnings per share. Horace Mann Educators has set its FY 2026 guidance at 4.200-4.500 EPS. Equities analysts predict that Horace Mann Educators Corporation will post 3.87 earnings per share for the current fiscal year.
Horace Mann Educators Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were issued a $0.35 dividend. The ex-dividend date was Monday, December 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.2%. Horace Mann Educators’s dividend payout ratio is presently 35.90%.
Horace Mann Educators Profile
Horace Mann Educators Corporation, based in Springfield, Illinois, specializes in insurance and retirement solutions tailored to educators and school employees across the United States. Founded in 1945, the company partners with public school districts to deliver property and casualty insurance products—including auto, home and liability coverage—through a network of dedicated local agents. Its targeted approach focuses on understanding the unique needs and schedules of teachers, administrators and other school staff, distinguishing its services within the broader insurance market.
In addition to property and casualty offerings, Horace Mann provides life and disability insurance, annuities and retirement plan products designed to help educators plan for financial security beyond their teaching careers.
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