What is the 13F Pro Quality Score for HMN?

13F Pro ranks HORACE MANN EDUCATORS CORP /DE/ (HMN) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View HMN's current score at https://13fpro.ai/company/HMN (free sign-up required for the full ranking).

Which hedge funds own the most HMN stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of HMN include BlackRock,, FRANKLIN RESOURCES, VANGUARD PORTFOLIO MANAGEMENT. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/HMN as soon as new 13F filings post.

Where does 13F Pro source HMN data?

All HORACE MANN EDUCATORS CORP /DE/ fundamentals and ownership data come directly from SEC EDGAR. HORACE MANN EDUCATORS CORP /DE/ files with the SEC under CIK 850141. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is HMN in?

HORACE MANN EDUCATORS CORP /DE/ (HMN) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives HMN's revenue?

Per HORACE MANN EDUCATORS CORP /DE/'s latest 10-Q filed with the SEC on 2026-08-07, the biggest revenue drivers are: Net premiums and contract charges earned ($316.9M, +4.7% YoY); Net investment income ($120.5M, +8.8% YoY); Other income ($6.2M, +47.6% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/HMN.

What are HMN's largest expenses?

HORACE MANN EDUCATORS CORP /DE/'s latest 10-Q reports these as the largest expense items: Benefits, claims and settlement expenses ($186.3M, +1.5% YoY); Operating expenses ($108.5M, +12.0% YoY); Interest credited ($54.6M, +3.6% YoY). Sourced directly from SEC EDGAR filing text for Q2 2026 (quarter ended June 30, 2026).

How often is HMN research updated on 13F Pro?

HMN's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

HORACE MANN EDUCATORS CORP /DE/(HMN)Stock Analysis

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SEC EDGAR: CIK 850141 HMN stock profile & AI dashboard →

13F Pro Quality Score

60.4/100

Rank #859 of 2,962 stocksTOP 50%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

52.1/100

Profitability

67.7/100

Balance Sheet

44.9/100

Earnings Quality

88.9/100

Free Cash Flow

85.8/100

Institutional Flow

54.6/100

Revenue Scale

60.6/100

Dilution Risk

70.8/100

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Why HMN Scores 60/100

exact factor attribution · 2026-09-11

HMN's composite is driven by free cash flow and earnings quality. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Free cash flow

+5.4 pts

86th pct

Earnings quality

+3.9 pts

89th pct

Profitability

+3.5 pts

68th pct

Earnings growth

+3.2 pts

98th pct

Scale

+2.1 pts

61th pct

Shareholder dilution

+1.4 pts

71th pct

Revenue growth

+0.6 pts

52th pct

Institutional flow

+0.3 pts

55th pct

Capital efficiency

-0.7 pts

45th pct

Latest change (2026-08-07): 67 → 64 · ↓ Revenue growth 58→43

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

HMN Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for HORACE MANN EDUCATORS CORP /DE/ (HMN), a Financials sector company. 13F Pro's AI-powered ranking engine scores HMN at 60.4/100 on a 32-signal composite quality model, placing it at rank #859 of 2,962 stocks — the top half of the AI-ranked universe. HMN scores in the top quartile across earnings quality (88.9), free cash flow (85.8). Based on the latest XBRL financial filings (Q2 2026), HORACE MANN EDUCATORS CORP /DE/ reports quarterly revenue of $443.5M, net income of $41.6M, an operating margin of 11.1%. Top institutional holders of HMN by reported 13-F value include BlackRock, FRANKLIN RESOURCES, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. HMN trades on the NYSE exchange and files with the SEC under CIK 850141. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HMN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for HORACE MANN EDUCATORS CORP /DE/ directly from SEC EDGAR. HORACE MANN EDUCATORS CORP /DE/'s 13F Pro composite quality score has ranged between 38 and 66 since 2021, currently 60.4 — a stable long-term trajectory across 68 quarterly and live scoring snapshots.

What's Driving HMN's Business? Latest 10-Q Breakdown

AI-extracted from HORACE MANN EDUCATORS CORP /DE/'s 10-Q filed 2026-08-07 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Q2 net income surged 41.5% to $41.6M on improved P&C results and lower catastrophe losses, with core earnings guidance of $4.60-$4.90 per share for full year 2026.

Biggest Revenue Drivers

Net premiums and contract charges earned$316.9M+4.7% YoY

Higher sales in Property business lines and strong growth in Supplemental and Group Benefits segment

Net investment income$120.5M+8.8% YoY

Continued strong returns from fixed income portfolio; investment yield excluding limited partnerships was 4.7% annualized pretax

Biggest Revenue Drivers

Total revenue: $443.5M+7.7% YoY

Net premiums and contract charges earned$316.9M+4.7% YoY

Higher sales in Property business lines and strong growth in Supplemental and Group Benefits segment

Net investment income$120.5M+8.8% YoY

Continued strong returns from fixed income portfolio; investment yield excluding limited partnerships was 4.7% annualized pretax

Other income$6.2M+47.6% YoY

Various segment income sources

Net investment losses($0.1)Mimproved from ($5.9)M loss YoY

Lower impairment losses from routine portfolio management activities

Largest Expense Items

Benefits, claims and settlement expenses$186.3M+1.5% YoY

P&C lower catastrophe/underlying losses offset by higher Supplemental & Group Benefits utilization

Operating expenses$108.5M+12.0% YoY

Higher expenses related to Early Retirement Offering and acquisition expenses in Corporate & Other segment

Interest credited$54.6M+3.6% YoY

Interest credited to policyholders; average deferred annuity rate excluding reinsured block was 3.4%

DAC amortization expense$32.0M+7.0% YoY

Premium increases in P&C segment driving higher commission and underwriting expenses

Watch Items from the Filing

Substantial unrealized losses on fixed maturity securities portfolio: $410.5M gross unrealized losses on $5.8B fair value portfolio (6.7% of portfolio), primarily due to 30 basis point rise in 10-year Treasury rates since year-end; 97.6% investment grade rating but 370 positions trading below 80% of carrying value.
Property & Casualty segment catastrophe exposure remains significant: 22 PCS-designated events in Q2 2026 generated $24.2M losses (11.8 points to combined ratio); guidance assumes ~$75M annual catastrophe losses.
Two material acquisitions announced post-quarter: Employee Services LLC acquisition (~$115M) and Reserve National Insurance Company acquisition (~$125M) expected close Q4 2026 and Q1 2027 respectively, funded via cash and credit facility borrowings.
Life & Retirement net interest spread compression risk: 100 basis point decline in reinvestment rates would reduce segment net investment income by ~$2.1M annually; average crediting rate on fixed annuities at 3.9% with 66% of account values at guaranteed minimums below 4%.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$443.5M

Net Income

Q2 2026

$41.6M

Operating Margin

Q2 2026

11.1%

ROIC

Q2 2026

9.3%

D/E Ratio

Q2 2026

0.40

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+6.7% YoY

$1.70BFY 2025

FY22 $1.38BFY23 $1.49BFY24 $1.60BFY25 $1.70B

Net Income

+57.7% YoY

$162.1MFY 2025

FY22 $19.8MFY23 $45.0MFY24 $102.8MFY25 $162.1M

EPS (Diluted)

+57.3% YoY

$3.90FY 2025

FY22 $0.47FY23 $1.09FY24 $2.48FY25 $3.90

Total Assets

+5.4% YoY

$15.27BFY 2025

FY22 $13.31BFY23 $14.05BFY24 $14.49BFY25 $15.27B

Total Debt

+8.5% YoY

$593.4MFY 2025

FY22 $498.0MFY23 $546.0MFY24 $547.0MFY25 $593.4M

Op. Cash Flow

+22.4% YoY

$553.2MFY 2025

FY22 $171.5MFY23 $302.1MFY24 $452.1MFY25 $553.2M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.70B +6.7%	$1.60B +6.9%	$1.49B +8.0%	$1.38B +3.9%	$1.33B +1.4%	$1.31B
Net Income	$162.1M +57.7%	$102.8M +128.4%	$45.0M +127.3%	$19.8M -88.4%	$170.4M +27.8%	$133.3M
EPS (Diluted)	$3.90 +57.3%	$2.48 +127.5%	$1.09 +131.9%	$0.47 -88.4%	$4.04 +27.4%	$3.17
Total Assets	$15.27B +5.4%	$14.49B +3.1%	$14.05B +5.6%	$13.31B -7.5%	$14.38B +6.8%	$13.47B
Total Debt	$593.4M +8.5%	$547.0M +0.2%	$546.0M +9.6%	$498.0M -0.9%	$502.6M +14.9%	$437.3M
Operating Cash Flow	$553.2M +22.4%	$452.1M +49.7%	$302.1M +76.2%	$171.5M -16.3%	$204.9M -21.1%	$259.8M

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Available Research

13F Pro tracks comprehensive data for HORACE MANN EDUCATORS CORP /DE/ including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of HMN

BlackRock, Inc.
$304.0M5,885,884 sh
FRANKLIN RESOURCES INC
$156.3M3,026,656 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$146.9M2,844,088 sh
PRICE T ROWE ASSOCIATES INC /MD/
$136.3M2,638,462 sh
DIMENSIONAL FUND ADVISORS LP
$115.2M2,229,490 sh
FULLER & THALER ASSET MANAGEMENT, INC.
$99.0M1,915,839 sh
STATE STREET CORP
$96.6M1,870,047 sh
VANGUARD CAPITAL MANAGEMENT LLC
$94.0M1,820,168 sh
WASATCH ADVISORS LP
$72.4M1,401,027 sh
AMERICAN CENTURY COMPANIES INC
$64.4M1,247,802 sh

Fund	Value	Shares
BlackRock, Inc.	$304.0M	5,885,884
FRANKLIN RESOURCES INC	$156.3M	3,026,656
VANGUARD PORTFOLIO MANAGEMENT LLC	$146.9M	2,844,088
PRICE T ROWE ASSOCIATES INC /MD/	$136.3M	2,638,462
DIMENSIONAL FUND ADVISORS LP	$115.2M	2,229,490
FULLER & THALER ASSET MANAGEMENT, INC.	$99.0M	1,915,839
STATE STREET CORP	$96.6M	1,870,047
VANGUARD CAPITAL MANAGEMENT LLC	$94.0M	1,820,168
WASATCH ADVISORS LP	$72.4M	1,401,027
AMERICAN CENTURY COMPANIES INC	$64.4M	1,247,802

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Is HMN a good stock to buy?

13F Pro's AI-powered analysis of HORACE MANN EDUCATORS CORP /DE/ (HMN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for HMN are available on the HMN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. HMN is classified as a mid company.

Which hedge funds own HMN?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling HMN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of HORACE MANN EDUCATORS CORP /DE/'s investment landscape.