Renaissance Technologies LLC lessened its stake in Horace Mann Educators Corporation (NYSE:HMN – Free Report) by 51.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,375 shares of the insurance provider’s stock after selling 30,425 shares during the quarter. Renaissance Technologies LLC’s holdings in Horace Mann Educators were worth $1,211,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its stake in shares of Horace Mann Educators by 222.3% during the second quarter. EverSource Wealth Advisors LLC now owns 909 shares of the insurance provider’s stock valued at $39,000 after purchasing an additional 627 shares during the period. Kemnay Advisory Services Inc. purchased a new position in shares of Horace Mann Educators in the fourth quarter valued at $51,000. Los Angeles Capital Management LLC acquired a new stake in Horace Mann Educators during the 4th quarter valued at $51,000. Osaic Holdings Inc. grew its holdings in Horace Mann Educators by 181.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,326 shares of the insurance provider’s stock valued at $57,000 after purchasing an additional 855 shares in the last quarter. Finally, Quadrant Capital Group LLC increased its stake in Horace Mann Educators by 10,953.8% during the 4th quarter. Quadrant Capital Group LLC now owns 1,437 shares of the insurance provider’s stock worth $66,000 after buying an additional 1,424 shares during the period. Institutional investors and hedge funds own 99.28% of the company’s stock.
Insider Transactions at Horace Mann Educators
In other Horace Mann Educators news, CEO Marita Zuraitis sold 7,500 shares of Horace Mann Educators stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $52.03, for a total value of $390,225.00. Following the completion of the transaction, the chief executive officer owned 307,129 shares of the company’s stock, valued at $15,979,921.87. The trade was a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 22,514 shares of company stock worth $1,132,396 in the last quarter. Company insiders own 3.60% of the company’s stock.
Horace Mann Educators Stock Up 0.3%
Horace Mann Educators (NYSE:HMN – Get Free Report) last released its earnings results on Wednesday, August 5th. The insurance provider reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.38. The company had revenue of $443.50 million for the quarter, compared to the consensus estimate of $321.70 million. Horace Mann Educators had a return on equity of 14.08% and a net margin of 10.15%.Horace Mann Educators’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.06 EPS. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. On average, sell-side analysts forecast that Horace Mann Educators Corporation will post 4.8 earnings per share for the current fiscal year.
Horace Mann Educators Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a dividend of $0.36 per share. The ex-dividend date was Monday, June 15th. This represents a $1.44 annualized dividend and a yield of 2.8%. Horace Mann Educators’s dividend payout ratio (DPR) is 33.64%.
Analysts Set New Price Targets
A number of brokerages have commented on HMN. Weiss Ratings upgraded shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, June 15th. Zacks Research upgraded Horace Mann Educators from a “hold” rating to a “strong-buy” rating in a research note on Monday. Finally, Raymond James Financial restated a “strong-buy” rating and set a $59.00 target price on shares of Horace Mann Educators in a research note on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, According to MarketBeat, Horace Mann Educators presently has a consensus rating of “Strong Buy” and an average target price of $59.00.
Read Our Latest Research Report on Horace Mann Educators
About Horace Mann Educators
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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