Allworth Financial LP Takes $7.19 Million Position in American Financial Group, Inc. $AFG

Key Points

• Allworth Financial LP bought 51,359 shares of American Financial Group valued at approximately $7.19 million, giving it a 0.06% stake. Institutional investors collectively own 64.37% of the insurer.
• American Financial Group reported quarterly EPS of $2.82, beating estimates by $0.50, while revenue rose 5.5% year over year to $2.03 billion. Zacks also raised several future EPS forecasts, signaling a generally improved earnings outlook.
• AFG pays a quarterly dividend of $0.88 per share, equivalent to a 2.4% yield, while its stock recently traded at $144. Analysts maintain a consensus “Hold” rating with an average price target of $156, despite some upgraded targets and ratings.

Allworth Financial LP purchased a new position in American Financial Group, Inc. (NYSE:AFG - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 51,359 shares of the insurance provider's stock, valued at approximately $7,187,000. Allworth Financial LP owned about 0.06% of American Financial Group as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Cassaday & Co Wealth Management LLC bought a new stake in shares of American Financial Group in the 1st quarter valued at about $26,000. Global Retirement Partners LLC boosted its stake in American Financial Group by 904.8% during the 4th quarter. Global Retirement Partners LLC now owns 211 shares of the insurance provider's stock worth $29,000 after acquiring an additional 190 shares during the last quarter. Clearstead Advisors LLC grew its holdings in American Financial Group by 87.7% during the fourth quarter. Clearstead Advisors LLC now owns 259 shares of the insurance provider's stock valued at $35,000 after purchasing an additional 121 shares during the period. Los Angeles Capital Management LLC bought a new stake in American Financial Group in the fourth quarter valued at approximately $45,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in American Financial Group in the second quarter worth $46,000. Institutional investors own 64.37% of the company's stock.

More American Financial Group News

Here are the key news stories impacting American Financial Group this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $11.72 from $11.00 and increased its Q3 2026 estimate to $3.11 from $2.75. These sizable upgrades are the strongest positive catalysts in the recent analyst activity.
• Positive Sentiment: Forecasts for FY2027 EPS increased to $11.95 from $11.77, while the Q1 2027 estimate rose to $2.71 from $2.67. Zacks also lifted its Q4 2027 estimate to $3.75 from $3.73.
• Positive Sentiment: The FY2028 EPS forecast was raised to $11.83 from $11.67, and the Q1 2028 estimate increased to $2.86 from $2.77. A higher long-term earnings outlook can support investor confidence and valuation.
• Positive Sentiment: Zacks increased its Q2 2027 EPS forecast to $2.69 from $2.56 and its Q2 2028 estimate to $2.93 from $2.81, adding to the generally favorable earnings-revision trend.
• Neutral Sentiment: The current full-year analyst consensus remains $11.73 per share, indicating that the revisions have not yet changed the broader market expectation for the current year.
• Negative Sentiment: Zacks slightly reduced its Q4 2026 EPS forecast to $3.32 from $3.37 and its Q3 2027 estimate to $2.80 from $2.81. The cuts are small and are outweighed by the broader set of upward revisions.

Insider Transactions at American Financial Group

In other news, insider David Lawrence Thompson, Jr. sold 11,370 shares of American Financial Group stock in a transaction that occurred 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 in the company, valued at $78,882,434.90. This trade represents a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Michelle A. Gillis sold 2,247 shares of American Financial Group stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $139.00, for a total transaction of $312,333.00. Following the completion of the sale, the senior vice president owned 13,135 shares in the company, valued at $1,825,765. This trade represents a 14.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 16,430 shares of company stock valued at $2,255,061 in the last ninety days. 16.90% of the stock is currently owned by corporate insiders.

American Financial Group Price Performance

AFG stock opened at $144.00 on Friday. The stock has a 50-day moving average price of $141.09 and a two-hundred day moving average price of $134.35. American Financial Group, Inc. has a 1 year low of $123.09 and a 1 year high of $150.02. The stock has a market cap of $11.94 billion, a PE ratio of 12.59 and a beta of 0.62. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.38.

American Financial Group (NYSE:AFG - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The insurance provider reported $2.82 EPS for the quarter, beating analysts' consensus estimates of $2.32 by $0.50. The company had revenue of $2.03 billion for the quarter, compared to analyst estimates of $1.85 billion. American Financial Group had a return on equity of 20.35% and a net margin of 11.51%.The company's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.14 earnings per share. Equities analysts forecast that American Financial Group, Inc. will post 11.87 EPS for the current fiscal year.

American Financial Group Announces Dividend

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on AFG. Wells Fargo & Company boosted their price target on shares of American Financial Group from $158.00 to $173.00 and gave the company an "overweight" rating in a report on Thursday, July 9th. Piper Sandler lifted their target price on American Financial Group from $140.00 to $156.00 and gave the stock a "neutral" rating in a report on Monday, August 10th. Keefe, Bruyette & Woods boosted their target price on American Financial Group from $148.00 to $153.00 and gave the company a "market perform" rating in a research note on Tuesday, August 11th. Weiss Ratings upgraded American Financial Group from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, August 11th. Finally, Wall Street Zen raised American Financial Group from a "hold" rating to a "buy" rating in a research report on Saturday, August 15th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, American Financial Group presently has an average rating of "Hold" and a consensus target price of $156.00.

American Financial Group Company Profile

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.

The company traces its roots to 1946, when it was founded by Carl Lindner, Sr.

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