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Unum Group $UNM Shares Acquired by Allworth Financial LP
Defense Worldยท 2025-11-17 08:43
Core Viewpoint - Unum Group has seen significant changes in institutional ownership, with various firms increasing their stakes, indicating growing confidence in the company's prospects. Additionally, recent earnings reports show a slight miss on EPS estimates, but revenue growth remains positive year-over-year. Institutional Holdings - Allworth Financial LP increased its holdings in Unum Group by 104.2% in Q2, owning 4,550 shares valued at $367,000 after purchasing an additional 2,322 shares [2] - Charles Schwab Investment Management Inc. grew its stake by 4.8% in Q1, now owning 5,816,520 shares worth $473.81 million after buying 264,268 shares [3] - Invesco Ltd. increased its holdings by 155.6% in Q1, owning 2,278,473 shares valued at $185.60 million after acquiring 1,387,139 shares [3] - Allianz Asset Management GmbH raised its stake by 11.5% in Q2, now holding 1,537,189 shares worth $124.14 million [3] - Nordea Investment Management AB increased its stake by 3.6% in Q2, owning 1,482,096 shares valued at $119.24 million [3] - Royal Bank of Canada raised its stake by 0.5% in Q1, now owning 1,416,124 shares worth $115.36 million [3] - Institutional investors and hedge funds own 86.57% of Unum Group's stock [3] Insider Activity - EVP Christopher W. Pyne sold 4,000 shares at an average price of $78.04, totaling $312,160, resulting in a 7.22% decrease in his position [4] Analyst Ratings - UBS Group set a price target of $87.00 with a "neutral" rating [5] - Barclays increased its target from $92.00 to $95.00 with an "overweight" rating [5] - Wolfe Research upgraded Unum Group to a "strong-buy" rating [5] - JPMorgan Chase reduced its target from $94.00 to $92.00 with a "neutral" rating [5] - Wells Fargo reduced its target from $100.00 to $98.00 with an "overweight" rating [5] - The average rating is "Moderate Buy" with a consensus target price of $94.67 [5] Financial Performance - Unum Group reported $2.09 EPS for the quarter, missing the consensus estimate of $2.15 by $0.06 [9] - Revenue for the quarter was $3.25 billion, below the analyst estimates of $3.31 billion, but up 5.0% year-over-year [9] - The company has set its FY 2025 guidance at EPS of 9.14 [9] Dividend Information - Unum Group declared a quarterly dividend of $0.46 per share, representing an annualized dividend of $1.84 and a yield of 2.4% [10] - The dividend payout ratio is 35.87% [10] Company Overview - Unum Group provides financial protection benefit solutions primarily in the U.S., U.K., Poland, and internationally, offering various insurance products [11]