Palisade Capital Management LP Buys New Shares in Horace Mann Educators Corporation $HMN

Palisade Capital Management LP purchased a new position in shares of Horace Mann Educators Corporation (NYSE:HMN) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 141,314 shares of the insurance provider’s stock, valued at approximately $7,299,000.

A number of other large investors also recently bought and sold shares of HMN. Hsbc Holdings PLC acquired a new stake in shares of Horace Mann Educators during the 4th quarter worth $914,000. AlphaQuest LLC boosted its holdings in Horace Mann Educators by 76.1% in the fourth quarter. AlphaQuest LLC now owns 50,247 shares of the insurance provider’s stock valued at $2,320,000 after acquiring an additional 21,721 shares during the last quarter. Emerald Investment Advisers LLC acquired a new position in Horace Mann Educators in the second quarter valued at $3,471,000. Edgestream Partners L.P. grew its position in Horace Mann Educators by 621.0% during the first quarter. Edgestream Partners L.P. now owns 163,101 shares of the insurance provider’s stock valued at $6,961,000 after acquiring an additional 140,481 shares during the period. Finally, Sei Investments Co. grew its position in Horace Mann Educators by 96.1% during the first quarter. Sei Investments Co. now owns 77,532 shares of the insurance provider’s stock valued at $3,309,000 after acquiring an additional 37,985 shares during the period. Hedge funds and other institutional investors own 99.28% of the company’s stock.

Insider Activity

In other news, CEO Marita Zuraitis sold 7,500 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $52.03, for a total transaction of $390,225.00. Following the transaction, the chief executive officer directly owned 307,129 shares of the company’s stock, valued at approximately $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 at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 22,500 shares of company stock worth $1,131,750 in the last 90 days. Company insiders own 3.60% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on HMN shares. Raymond James Financial restated a “strong-buy” rating and issued a $59.00 price objective on shares of Horace Mann Educators in a report on Thursday, August 13th. Weiss Ratings upgraded shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, June 15th. Finally, Zacks Research raised shares of Horace Mann Educators from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Three investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Strong Buy” and an average target price of $59.00.

Horace Mann Educators Price Performance

HMN stock opened at $51.03 on Wednesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.08 and a current ratio of 0.08. Horace Mann Educators Corporation has a 1 year low of $41.29 and a 1 year high of $55.56. The firm has a market cap of $2.07 billion, a P/E ratio of 11.92 and a beta of 0.08. The stock has a 50-day simple moving average of $51.77 and a 200-day simple moving average of $47.05.

Horace Mann Educators (NYSE:HMN) last released its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $1.17 EPS for the quarter, topping the consensus estimate of $0.79 by $0.38. The firm had revenue of $443.50 million for the quarter, compared to analyst estimates 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 revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.06 EPS. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. On average, equities analysts predict that Horace Mann Educators Corporation will post 4.78 earnings per share for the current fiscal year.

Horace Mann Educators Company 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.