Aflac (NYSE:AFL) Major Shareholder Sells $1,376,640.00 in Stock
by Scott Moore · The Cerbat GemAflac Incorporated (NYSE:AFL – Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 12,000 shares of the business’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $114.72, for a total value of $1,376,640.00. Following the completion of the sale, the insider owned 50,357,140 shares in the company, valued at $5,776,971,100.80. This represents a 0.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own more than 10% 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 transaction of $6,478,450.00.
- On Tuesday, October 13th, Post Holdings Co. Ltd. Japan sold 42,000 shares of Aflac stock. The stock was sold at an average price of $116.38, for a total transaction of $4,887,960.00.
- On Monday, October 12th, Post Holdings Co. Ltd. Japan sold 12,200 shares of Aflac stock. The stock was sold at an average price of $115.85, for a total transaction of $1,413,370.00.
- 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 transaction of $1,487,850.00.
- On Wednesday, October 7th, Post Holdings Co. Ltd. Japan sold 12,000 shares of Aflac stock. The stock was 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 shares were 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 transaction 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 transaction 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 transaction of $1,371,656.00.
Aflac Stock Up 1.5%
Aflac stock opened at $119.84 on Friday. Aflac Incorporated has a 1-year low of $105.43 and a 1-year high of $130.22. The firm has a market capitalization 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. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.29. The firm has a 50 day simple moving average of $116.36 and a 200 day simple moving average of $117.20.
Aflac (NYSE:AFL – Get Free Report) last issued its earnings results on Thursday, August 6th. The financial services provider reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.01). The business had revenue of $4.22 billion for the quarter, compared to the consensus estimate of $4.11 billion. Aflac had a net margin of 26.91% and a return on equity of 13.27%. The company’s revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.78 EPS. On average, analysts predict that Aflac Incorporated will post 7.04 earnings per share for the current year.
Aflac Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 19th were given a $0.61 dividend. The ex-dividend date was Wednesday, August 19th. This represents a $2.44 annualized dividend and a dividend yield of 2.0%. Aflac’s payout ratio is 26.15%.
Key Stories Impacting Aflac
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
Institutional Trading of Aflac
Several institutional investors and hedge funds have recently bought and sold shares of AFL. Kintegral Advisory LLC boosted its holdings in Aflac by 0.6% in the 3rd quarter. Kintegral Advisory LLC now owns 40,354 shares of the financial services provider’s stock valued at $4,511,000 after purchasing an additional 228 shares during the period. TD Waterhouse Canada Inc. grew its position in shares of Aflac by 54.9% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 2,935 shares of the financial services provider’s stock valued at $326,000 after purchasing an additional 1,040 shares in the last quarter. Cyndeo Wealth Partners LLC increased its holdings in shares of Aflac by 3.3% in the third quarter. Cyndeo Wealth Partners LLC now owns 4,784 shares of the financial services provider’s stock worth $535,000 after purchasing an additional 153 shares during the period. NFSG Corp increased its holdings in shares of Aflac by 43.0% in the third quarter. NFSG Corp now owns 589 shares of the financial services provider’s stock worth $66,000 after purchasing an additional 177 shares during the period. Finally, Turtle Creek Wealth Advisors LLC increased its holdings in shares of Aflac by 3.4% in the third quarter. Turtle Creek Wealth Advisors LLC now owns 93,501 shares of the financial services provider’s stock worth $10,452,000 after purchasing an additional 3,050 shares during the period. 67.44% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts recently issued reports on the company. TD Cowen reiterated 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. Mizuho cut their target price on Aflac from $116.00 to $107.00 and set an “underperform” rating for the company in a research note on Wednesday, October 7th. UBS Group reaffirmed a “neutral” rating and set a $125.00 target price (up from $124.00) on shares of Aflac in a report on Tuesday, October 6th. Wolfe Research began coverage on Aflac in a report on Wednesday, August 19th. They set an “underperform” rating and a $103.00 target price for the company. Finally, Piper Sandler reiterated an “overweight” rating and set a $138.00 price target (up from $130.00) on shares of Aflac in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $117.20.
Read Our Latest Report on Aflac
Aflac Company Profile
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.
See Also
- Five stocks we like better than Aflac
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?