Dockside LLC Purchases Shares of 8,539 American Financial Group, Inc. $AFG

15 Aug 2026, 04:21 by Amy Steele · The Cerbat Gem

Dockside LLC acquired a new position in American Financial Group, Inc. (NYSE:AFG – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 8,539 shares of the insurance provider’s stock, valued at approximately $1,195,000.

Other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its stake in American Financial Group by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,567,721 shares of the insurance provider’s stock worth $350,956,000 after buying an additional 57,246 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of American Financial Group by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 1,732,557 shares of the insurance provider’s stock valued at $236,645,000 after buying an additional 29,731 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of American Financial Group by 19.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,506,510 shares of the insurance provider’s stock worth $192,395,000 after acquiring an additional 240,509 shares during the period. Northern Trust Corp lifted its holdings in shares of American Financial Group by 33.2% during the 3rd quarter. Northern Trust Corp now owns 1,026,783 shares of the insurance provider’s stock worth $149,623,000 after acquiring an additional 255,693 shares during the period. Finally, Morgan Stanley boosted its position in shares of American Financial Group by 4.3% during the 4th quarter. Morgan Stanley now owns 894,998 shares of the insurance provider’s stock valued at $122,329,000 after acquiring an additional 36,971 shares in the last quarter. Institutional investors and hedge funds own 64.37% of the company’s stock.

American Financial Group Stock Up 0.3%

Shares of NYSE:AFG opened at $146.15 on Friday. The company’s fifty day moving average is $140.07 and its 200-day moving average is $133.85. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.49 and a current ratio of 0.49. American Financial Group, Inc. has a 52 week low of $123.09 and a 52 week high of $150.02. The company has a market capitalization of $12.12 billion, a PE ratio of 12.78 and a beta of 0.62.

American Financial Group (NYSE:AFG – Get Free Report) last announced its earnings results on Tuesday, August 4th. The insurance provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.50. American Financial Group had a net margin of 11.51% and a return on equity of 20.35%. The business had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $1.85 billion. During the same quarter last year, the company posted $2.14 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. Equities research analysts predict that American Financial Group, Inc. will post 11.73 earnings per share for the current fiscal year.

American Financial Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Wednesday, July 15th were issued a dividend of $0.88 per share. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $3.52 annualized dividend and a dividend yield of 2.4%. American Financial Group’s dividend payout ratio (DPR) is presently 30.77%.

Analyst Ratings Changes

A number of analysts recently weighed in on AFG shares. Wells Fargo & Company upped their target price on shares of American Financial Group from $158.00 to $173.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Weiss Ratings upgraded shares of American Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday. Piper Sandler lifted their price objective on American Financial Group from $140.00 to $156.00 and gave the company a “neutral” rating in a report on Monday. Keefe, Bruyette & Woods upped their price objective on American Financial Group from $148.00 to $153.00 and gave the company a “market perform” rating in a research note on Tuesday. Finally, Wall Street Zen raised American Financial Group from a “hold” rating to a “buy” rating in a report on Saturday. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $156.00.

View Our Latest Report on AFG

Insider Activity

In related news, SVP Michelle A. Gillis sold 2,247 shares of the stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $139.00, for a total transaction of $312,333.00. Following the sale, the senior vice president directly owned 13,135 shares in the company, valued at $1,825,765. This represents a 14.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David Lawrence Thompson, Jr. sold 11,370 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $135.05, for a total value of $1,535,518.50. Following the sale, the insider directly owned 584,098 shares of the company’s stock, valued at $78,882,434.90. This represents a 1.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 16,430 shares of company stock worth $2,255,061. Insiders own 16.90% of the company’s stock.

American Financial Group Profile

(Free Report)

American Financial Group, Inc (NYSE: AFG) is a diversified holding company primarily engaged in property and casualty insurance and reinsurance. Through its flagship subsidiary, Great American Insurance Company, the firm underwrites a broad range of specialty insurance products for commercial and industrial clients, including inland marine, excess and surplus lines, executive liability, and environmental liability coverage. In addition, American Financial Group offers supplemental accident and health insurance and assumes reinsurance risks from other insurers, helping to diversify its underwriting portfolio.