Aflac (NYSE:AFL) Major Shareholder Sells $1,413,370.00 in Stock

Aflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 12,200 shares of Aflac stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $115.85, for a total value of $1,413,370.00. Following the completion of the transaction, the insider owned 50,344,940 shares of the company’s stock, valued at approximately $5,832,461,299. The trade was a 0.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Post Holdings Co. Ltd. Japan also recently made the following trade(s):

  • On Wednesday, October 14th, Post Holdings Co. Ltd. Japan sold 55,000 shares of Aflac stock. The shares were sold at an average price of $117.79, for a total value of $6,478,450.00.
  • On Tuesday, October 13th, Post Holdings Co. Ltd. Japan sold 42,000 shares of Aflac stock. The shares were sold at an average price of $116.38, for a total transaction of $4,887,960.00.
  • On Friday, October 9th, Post Holdings Co. Ltd. Japan sold 12,000 shares of Aflac stock. The stock was sold at an average price of $114.72, for a total value of $1,376,640.00.
  • On Thursday, October 8th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The stock was sold at an average price of $114.45, for a total value of $1,487,850.00.
  • On Wednesday, October 7th, Post Holdings Co. Ltd. Japan sold 12,000 shares of Aflac stock. The shares were sold at an average price of $112.80, for a total transaction of $1,353,600.00.
  • On Tuesday, October 6th, Post Holdings Co. Ltd. Japan sold 13,050 shares of Aflac stock. The stock was sold at an average price of $113.49, for a total transaction of $1,481,044.50.
  • On Monday, October 5th, Post Holdings Co. Ltd. Japan sold 13,000 shares of Aflac stock. The shares were sold at an average price of $112.25, for a total value of $1,459,250.00.
  • On Friday, October 2nd, Post Holdings Co. Ltd. Japan sold 13,200 shares of Aflac stock. The shares were sold at an average price of $111.30, for a total transaction of $1,469,160.00.
  • On Thursday, October 1st, Post Holdings Co. Ltd. Japan sold 11,900 shares of Aflac stock. The shares were sold at an average price of $111.18, for a total value of $1,323,042.00.
  • On Tuesday, September 29th, Post Holdings Co. Ltd. Japan sold 12,100 shares of Aflac stock. The stock was sold at an average price of $113.36, for a total value of $1,371,656.00.

Aflac Stock Up 1.5%

Shares of Aflac stock opened at $119.84 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.12 and a quick ratio of 0.12. Aflac Incorporated has a 52-week low of $105.43 and a 52-week high of $130.22. The stock has a 50-day simple moving average of $116.36 and a 200-day simple moving average of $117.20. The firm has a market cap of $60.08 billion, a price-to-earnings ratio of 15.61, a P/E/G ratio of 1.86 and a beta of 0.56.

Aflac (NYSE:AFL – Get Free Report) last posted its earnings results on Thursday, August 6th. The financial services provider reported $1.75 EPS for the quarter, missing the consensus estimate of $1.76 by ($0.01). The business had revenue of $4.22 billion for the quarter, compared to analyst estimates of $4.11 billion. Aflac had a return on equity of 13.27% and a net margin of 26.91%. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.78 earnings per share. On average, equities research analysts expect that Aflac Incorporated will post 7.04 earnings per share for the current fiscal year.

Aflac Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 19th were issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Wednesday, August 19th. Aflac’s dividend payout ratio (DPR) is presently 26.15%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Bank of America cut their price objective on Aflac from $137.00 to $133.00 and set a “buy” rating for the company in a research report on Monday, October 12th. UBS Group reiterated a “neutral” rating and issued a $125.00 price target (up from $124.00) on shares of Aflac in a research report on Tuesday, October 6th. TD Cowen reissued a “hold” rating and set a $110.00 price objective (up from $101.00) on shares of Aflac in a research note on Wednesday, July 22nd. Keefe, Bruyette & Woods decreased their price objective on shares of Aflac from $125.00 to $120.00 and set a “market perform” rating for the company in a report on Friday, October 9th. Finally, Wall Street Zen cut shares of Aflac from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $117.20.

Get Our Latest Research Report on Aflac

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Meiji Yasuda Asset Management Co Ltd. acquired a new stake in Aflac during the 2nd quarter worth approximately $6,630,000. Atlas Wealth LLC bought a new position in Aflac in the first quarter valued at approximately $1,802,000. Callan Family Office LLC bought a new position in Aflac in the second quarter valued at approximately $2,546,000. Tidal Investments LLC lifted its stake in Aflac by 137.4% in the second quarter. Tidal Investments LLC now owns 40,904 shares of the financial services provider’s stock valued at $4,796,000 after buying an additional 23,677 shares in the last quarter. Finally, Fifth Third Bancorp boosted its holdings in shares of Aflac by 135.5% in the first quarter. Fifth Third Bancorp now owns 142,180 shares of the financial services provider’s stock valued at $15,599,000 after buying an additional 81,803 shares during the period. 67.44% of the stock is currently owned by institutional investors.

Aflac News Roundup

Here are the key news stories impacting Aflac this week:

  • Positive Sentiment: DOWLING & PARTN raised its Aflac EPS estimates to $7.65 for fiscal 2027 from $7.55 and to $8.25 for fiscal 2028 from $8.05. The revisions suggest improving confidence in Aflac’s future earnings growth and provide a bullish counterpoint to the current-year consensus estimate of $7.04. Aflac analyst earnings estimates
  • Positive Sentiment: AM Best affirmed the credit ratings of Aflac and its subsidiaries, supporting investor confidence in the insurer’s financial strength, balance sheet and ability to meet policyholder obligations. AM Best affirms Aflac credit ratings
  • Neutral Sentiment: JPMorgan raised its price target for Aflac to $119 from $116 while maintaining a “neutral” rating. Because the new target is close to recent trading levels and implies limited upside, the revision is modestly supportive but does not represent a strong bullish call. JPMorgan raises Aflac price target
  • Negative Sentiment: Japan Post Holdings Co. Ltd. continued selling Aflac shares, including 55,000 shares on October 14 and 42,000 shares on October 13. The sales were made under a pre-arranged Rule 10b5-1 plan and reduced its enormous position only slightly, limiting the fundamental impact. However, the repeated transactions could weigh on sentiment by signaling ongoing shareholder selling pressure. Aflac shareholder SEC filing

About Aflac

(Get Free Report)

Aflac Incorporated (NYSE: AFL) is an insurance company that provides supplemental health and life insurance products to individuals, employers and groups. Its coverage is designed to help policyholders manage expenses that may not be fully covered by major medical insurance, including costs associated with illness, injury and other qualifying events.

The company’s products include accident, cancer, critical illness, hospital indemnity, disability, dental, vision and life insurance. Aflac distributes its policies through workplace benefits programs, independent agents, brokers and other distribution channels.

Founded in 1955 as American Family Life Assurance Company of Columbus, Aflac has its headquarters in Columbus, Georgia.

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Insider Buying and Selling by Quarter for Aflac (NYSE:AFL)

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