Aflac Incorporated $AFL Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its holdings in Aflac Incorporated (NYSE:AFL) by 4.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 550,978 shares of the financial services provider’s stock after selling 27,000 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Aflac were worth $61,544,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. AG2R LA Mondiale Gestion D Actifs purchased a new position in Aflac in the first quarter valued at approximately $2,070,000. Belpointe Asset Management LLC acquired a new position in shares of Aflac in the 1st quarter valued at $551,000. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in shares of Aflac by 4.8% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 140,874 shares of the financial services provider’s stock valued at $14,857,000 after buying an additional 6,400 shares during the last quarter. Invesco Ltd. grew its position in shares of Aflac by 16.7% in the 2nd quarter. Invesco Ltd. now owns 4,167,886 shares of the financial services provider’s stock valued at $439,545,000 after buying an additional 594,971 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its stake in Aflac by 14.5% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 222,694 shares of the financial services provider’s stock worth $23,485,000 after acquiring an additional 28,190 shares in the last quarter. 67.44% of the stock is owned by hedge funds and other institutional investors.

More Aflac News

Here are the key news stories impacting Aflac this week:

• Positive Sentiment: Raymond James raised its price target on Aflac to $119 from $110, signaling continued analyst confidence in Aflac’s fundamentals and upside versus prior valuation expectations. Aflac price target raised to $119 from $110 at Raymond James
• Neutral Sentiment: Underlying fundamentals still look reasonable for many investors — Aflac has mid‑teens ROE and a P/E in the mid‑teens, and technicals show the stock sitting near its 50‑ and 200‑day averages — factors that can limit downside if earnings remain steady.
• Negative Sentiment: Aflac disclosed a major June data breach affecting about 22.6 million people that exposed Social Security numbers, health information and claims data — this raises potential remediation costs, credit‑monitoring expenses, class‑action and regulatory risk, and possible business/reputation impacts. The company is offering protections, but the scale of affected customers makes this a material operational risk to monitor. Aflac Reveals Just How Big Its Data Breach Really Was Massive Aflac breach exposed millions of SSNs and other data – get free protection today

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aflac in a report on Monday, December 22nd. JPMorgan Chase & Co. raised their price target on Aflac from $100.00 to $101.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Morgan Stanley set a $120.00 price target on Aflac in a research report on Monday, December 15th. Evercore ISI increased their price objective on Aflac from $110.00 to $111.00 and gave the company an “underperform” rating in a report on Friday, November 7th. Finally, TD Cowen lifted their target price on shares of Aflac from $100.00 to $102.00 and gave the company a “hold” rating in a report on Monday, December 22nd. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $110.58.

Aflac Trading Up 0.7%

Shares of AFL stock opened at $110.76 on Wednesday. The company has a market capitalization of $58.05 billion, a P/E ratio of 14.46, a price-to-earnings-growth ratio of 3.18 and a beta of 0.66. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.30. The business’s 50 day moving average is $110.07 and its two-hundred day moving average is $107.26. Aflac Incorporated has a twelve month low of $96.95 and a twelve month high of $115.83.

Aflac (NYSE:AFL) last issued its quarterly earnings results on Monday, February 27th. The financial services provider reported $1.07 earnings per share for the quarter. Aflac had a return on equity of 14.97% and a net margin of 23.55%.The firm had revenue of $5.91 billion during the quarter. Equities analysts forecast that Aflac Incorporated will post 6.88 EPS for the current year.

Aflac Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th will be paid a $0.61 dividend. This is a boost from Aflac’s previous quarterly dividend of $0.58. The ex-dividend date is Wednesday, February 18th. This represents a $2.44 annualized dividend and a dividend yield of 2.2%. Aflac’s dividend payout ratio (DPR) is 31.85%.

Insider Activity

In other news, Director Joseph L. Moskowitz sold 786 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $113.75, for a total transaction of $89,407.50. Following the transaction, the director directly owned 24,829 shares in the company, valued at $2,824,298.75. The trade was a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Frederic Jean Guy Simard sold 1,722 shares of the firm’s stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $112.50, for a total transaction of $193,725.00. Following the completion of the sale, the executive vice president owned 1,364 shares of the company’s stock, valued at approximately $153,450. The trade was a 55.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 31,766 shares of company stock worth $3,549,706 in the last ninety days. 0.80% of the stock is currently owned by insiders.

About Aflac

Aflac Incorporated (American Family Life Assurance Company of Columbus) is a provider of supplemental insurance products designed to help policyholders manage out-of-pocket health care and living expenses. The company underwrites a range of individual and group policies that typically pay cash benefits directly to insureds when covered events occur, enabling greater financial flexibility for medical treatment, hospital stays, critical illness, and related costs. Aflac’s product mix includes supplemental health insurance, life insurance and other specialty coverages intended to complement primary medical plans.

Founded in the mid-20th century and headquartered in Columbus, Georgia, Aflac distributes its products through a combination of employer-sponsored programs, independent brokers and agents, and direct marketing.