DOWLING & PARTN Reduces Earnings Estimates for Unum Group

Unum Group (NYSE:UNM) – Equities researchers at DOWLING & PARTN cut their FY2026 EPS estimates for shares of Unum Group in a research note issued to investors on Monday, July 13th. DOWLING & PARTN analyst J. Hurwitz now forecasts that the financial services provider will earn $8.75 per share for the year, down from their prior forecast of $8.85. The consensus estimate for Unum Group’s current full-year earnings is $8.76 per share. DOWLING & PARTN also issued estimates for Unum Group’s FY2027 earnings at $9.35 EPS and FY2028 earnings at $10.35 EPS.

Unum Group (NYSE:UNM) last released its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.07. The business had revenue of $3.36 billion during the quarter, compared to analyst estimates of $2.91 billion. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS.

Several other equities research analysts have also recently commented on the company. Keefe, Bruyette & Woods reissued a “moderate buy” rating and set a $95.00 target price on shares of Unum Group in a report on Thursday, March 26th. Wells Fargo & Company lifted their price objective on shares of Unum Group from $100.00 to $101.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Morgan Stanley boosted their target price on shares of Unum Group from $80.00 to $87.00 and gave the stock an “equal weight” rating in a report on Thursday, May 21st. Wolfe Research cut their target price on shares of Unum Group from $102.00 to $100.00 and set an “outperform” rating for the company in a research note on Monday, July 6th. Finally, Weiss Ratings upgraded shares of Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Unum Group presently has an average rating of “Moderate Buy” and a consensus price target of $98.09.

Unum Group Trading Down 1.0%

NYSE:UNM opened at $88.55 on Wednesday. Unum Group has a 1 year low of $68.28 and a 1 year high of $93.21. The business has a fifty day moving average of $86.73 and a 200-day moving average of $79.52. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.35 and a current ratio of 0.35. The stock has a market cap of $14.15 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 0.91 and a beta of 0.25.

Institutional Trading of Unum Group

Hedge funds and other institutional investors have recently modified their holdings of the business. Walker Asset Management LLC acquired a new stake in Unum Group during the 2nd quarter worth about $215,000. Handelsbanken Fonder AB increased its holdings in shares of Unum Group by 6.7% in the 2nd quarter. Handelsbanken Fonder AB now owns 41,207 shares of the financial services provider’s stock valued at $3,684,000 after purchasing an additional 2,600 shares during the period. Valeo Financial Advisors LLC acquired a new position in shares of Unum Group in the 2nd quarter valued at about $252,000. Gradient Investments LLC purchased a new stake in shares of Unum Group in the second quarter worth approximately $1,600,000. Finally, PensionDanmark Pensionsforsikringsaktieselskab boosted its holdings in shares of Unum Group by 5.8% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 49,243 shares of the financial services provider’s stock worth $4,402,000 after purchasing an additional 2,700 shares during the period. Institutional investors and hedge funds own 86.57% of the company’s stock.

Insider Buying and Selling at Unum Group

In other news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $80.14, for a total transaction of $961,680.00. Following the sale, the executive vice president owned 42,587 shares in the company, valued at $3,412,922.18. The trade was a 21.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is currently owned by company insiders.

Unum Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 24th will be issued a $0.505 dividend. The ex-dividend date is Friday, July 24th. This is a positive change from Unum Group’s previous quarterly dividend of $0.46. This represents a $2.02 annualized dividend and a dividend yield of 2.3%. Unum Group’s dividend payout ratio is 43.91%.

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.