204,380 Shares in CNO Financial Group, Inc. $CNO Purchased by Man Group plc

Posted by Francis Steltz on Aug 29th, 2026

Man Group plc purchased a new stake in shares of CNO Financial Group, Inc. (NYSE:CNO – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 204,380 shares of the financial services provider’s stock, valued at approximately $10,419,000.

Other large investors have also added to or reduced their stakes in the company. Jupiter Topco LLC bought a new stake in CNO Financial Group in the second quarter worth about $1,992,000. Hsbc Holdings PLC bought a new position in shares of CNO Financial Group during the 2nd quarter valued at approximately $3,169,000. Canada Pension Plan Investment Board bought a new position in shares of CNO Financial Group during the 2nd quarter valued at approximately $4,201,000. Legal & General Group Plc purchased a new stake in shares of CNO Financial Group during the 2nd quarter worth approximately $6,474,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of CNO Financial Group during the 2nd quarter worth approximately $4,307,000. Hedge funds and other institutional investors own 95.43% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Gary C. Bhojwani sold 86,048 shares of CNO Financial Group stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $51.48, for a total value of $4,429,751.04. Following the completion of the transaction, the chief executive officer directly owned 174,264 shares in the company, valued at approximately $8,971,110.72. The trade was a 33.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CMO Rocco F. Tarasi III sold 5,750 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $50.00, for a total value of $287,500.00. Following the sale, the chief marketing officer directly owned 79,191 shares in the company, valued at $3,959,550. This trade represents a 6.77% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 95,106 shares of company stock worth $4,879,343 in the last three months. Insiders own 3.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CNO shares. Capital One Financial set a $70.00 price objective on CNO Financial Group in a research note on Wednesday. Evercore set a $48.00 target price on CNO Financial Group and gave the stock an “in-line” rating in a research report on Monday, June 1st. Keefe, Bruyette & Woods boosted their target price on CNO Financial Group from $53.00 to $57.00 and gave the company a “market perform” rating in a research note on Monday, August 3rd. Wall Street Zen raised CNO Financial Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings raised CNO Financial Group from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $56.00.

Check Out Our Latest Analysis on CNO

CNO Financial Group Price Performance

CNO opened at $55.41 on Friday. The firm has a 50-day moving average price of $53.50 and a 200-day moving average price of $47.39. CNO Financial Group, Inc. has a twelve month low of $38.22 and a twelve month high of $57.59. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 1.65. The company has a market capitalization of $5.13 billion, a price-to-earnings ratio of 19.04 and a beta of 0.81.

CNO Financial Group (NYSE:CNO – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.29. The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $999.45 million. CNO Financial Group had a net margin of 6.02% and a return on equity of 18.76%. CNO Financial Group’s revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.87 EPS. Equities analysts expect that CNO Financial Group, Inc. will post 4.74 EPS for the current year.

CNO Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.72 dividend on an annualized basis and a yield of 1.3%. CNO Financial Group’s payout ratio is presently 24.74%.

About CNO Financial Group

(Free Report)

CNO Financial Group is an Indiana‐based holding company that offers a range of insurance and retirement solutions through its operating subsidiaries. Its primary business activities include life insurance, annuities, and supplemental health insurance products designed to help individuals plan for retirement and manage health‐related expenses. The company serves middle‐income Americans, with particular emphasis on senior customers seeking guaranteed coverage and reliable income streams.

Originally founded as Conseco in 1979, the company underwent a financial restructuring and rebranded as CNO Financial Group in 2010.