Insider Selling: Horace Mann Educators (NYSE:HMN) General Counsel Sells 2,054 Shares

Horace Mann Educators Corporation (NYSE:HMN) General Counsel Donald Carley sold 2,054 shares of Horace Mann Educators stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $52.28, for a total transaction of $107,383.12. Following the sale, the general counsel owned 28,760 shares in the company, valued at approximately $1,503,572.80. The trade was a 6.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Horace Mann Educators Price Performance

NYSE HMN traded down $0.45 on Tuesday, reaching $50.49. The company had a trading volume of 18,818 shares, compared to its average volume of 247,697. The stock has a market capitalization of $2.04 billion, a PE ratio of 11.81 and a beta of 0.08. Horace Mann Educators Corporation has a 12 month low of $41.29 and a 12 month high of $55.56. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.40. The firm’s 50 day moving average price is $51.96 and its 200 day moving average price is $47.57.

Horace Mann Educators (NYSE:HMN) last issued its earnings results on Wednesday, August 5th. The insurance provider reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.38. Horace Mann Educators had a return on equity of 14.08% and a net margin of 10.15%.The firm had revenue of $443.50 million for the quarter, compared to analysts’ expectations of $321.70 million. During the same period in the previous year, the firm posted $1.06 earnings per share. The business’s revenue was up 7.7% compared to the same quarter last year. Horace Mann Educators has set its FY 2026 guidance at 4.600-4.900 EPS. As a group, equities analysts predict that Horace Mann Educators Corporation will post 4.78 earnings per share for the current year.

Horace Mann Educators Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Wednesday, September 16th. Horace Mann Educators’s dividend payout ratio (DPR) is presently 33.64%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Horace Mann Educators during the second quarter valued at $304,006,000. California State Teachers Retirement System lifted its stake in Horace Mann Educators by 6,414.1% in the second quarter. California State Teachers Retirement System now owns 2,431,579 shares of the insurance provider’s stock worth $125,591,000 after acquiring an additional 2,394,251 shares during the period. Wasatch Advisors LP bought a new position in Horace Mann Educators during the 2nd quarter worth about $72,363,000. Bank of America Corp DE purchased a new position in Horace Mann Educators during the 2nd quarter valued at about $29,287,000. Finally, Bank of New York Mellon Corp purchased a new position in Horace Mann Educators during the 2nd quarter valued at about $20,061,000. 99.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Zacks Research raised shares of Horace Mann Educators from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Weiss Ratings raised shares of Horace Mann Educators from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, June 15th. Finally, Raymond James Financial reiterated a “strong-buy” rating and set a $59.00 price objective on shares of Horace Mann Educators in a report on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Strong Buy” and a consensus target price of $59.00.

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.