Glenview Trust Co Makes New $2.19 Million Investment in Aflac Incorporated $AFL

Glenview Trust Co purchased a new stake in shares of Aflac Incorporated (NYSE:AFL - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 18,637 shares of the financial services provider's stock, valued at approximately $2,185,000.

Other hedge funds also recently modified their holdings of the company. DNB Asset Management AS raised its stake in shares of Aflac by 51.3% during the fourth quarter. DNB Asset Management AS now owns 168,003 shares of the financial services provider's stock valued at $18,526,000 after purchasing an additional 56,975 shares in the last quarter. Employees Retirement System of Texas bought a new position in Aflac during the fourth quarter valued at about $3,743,000. Meiji Yasuda Asset Management Co Ltd. bought a new position in Aflac during the second quarter valued at about $6,630,000. Atlas Wealth LLC acquired a new position in Aflac during the first quarter worth about $1,802,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Aflac by 4.5% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,072,717 shares of the financial services provider's stock worth $118,256,000 after acquiring an additional 46,262 shares in the last quarter. 67.44% of the stock is currently owned by institutional investors and hedge funds.

Aflac Price Performance

NYSE AFL opened at $116.66 on Friday. Aflac Incorporated has a 1 year low of $104.66 and a 1 year high of $130.22. The company has a fifty day simple moving average of $121.62 and a 200 day simple moving average of $116.21. 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 company has a market cap of $58.49 billion, a P/E ratio of 12.50, a P/E/G ratio of 1.88 and a beta of 0.60.

Aflac (NYSE:AFL - Get Free Report) last released its earnings results on Thursday, August 6th. The financial services provider reported $1.75 earnings per share for the quarter, missing analysts' consensus estimates of $1.76 by ($0.01). The firm 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 firm's revenue was down 1.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.78 EPS. On average, sell-side analysts predict that Aflac Incorporated will post 7.04 EPS for the current year.

Aflac Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 19th will be issued a dividend of $0.61 per share. The ex-dividend date is Wednesday, August 19th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.1%. Aflac's payout ratio is 26.15%.

Analysts Set New Price Targets

AFL has been the subject of several research reports. Wolfe Research started coverage on shares of Aflac in a research report on Wednesday, August 19th. They set an "underperform" rating and a $103.00 price objective for the company. Wells Fargo & Company set a $122.00 price target on Aflac and gave the stock an "equal weight" rating in a research note on Wednesday, August 19th. UBS Group reaffirmed a "neutral" rating and issued a $124.00 price target (up from $114.00) on shares of Aflac in a research report on Wednesday, July 8th. Wall Street Zen downgraded Aflac from a "hold" rating to a "sell" rating in a research note on Saturday, August 15th. Finally, Jefferies Financial Group reissued a "hold" rating and set a $108.00 price objective (up from $100.00) on shares of Aflac in a report on Friday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $116.62.

Aflac News Summary

Here are the key news stories impacting Aflac this week:

• Positive Sentiment: Aflac’s quarterly dividend remains a support for income-focused investors. The company declared a $0.61-per-share payment, equivalent to $2.44 annually and a yield of approximately 2.1%, with a relatively modest 26.15% payout ratio. A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
• Neutral Sentiment: Aflac’s valuation remains relatively moderate, with a price-to-earnings ratio near 12.5. However, analyst sentiment is mixed: the consensus rating is “Hold,” and the average price target of $116.62 is close to the stock’s recent trading level.
• Neutral Sentiment: Aflac’s recent quarterly results were mixed. Earnings of $1.75 per share narrowly missed estimates, while revenue of $4.22 billion exceeded expectations; revenue nevertheless declined 1% year over year and EPS fell from $1.78 in the prior-year quarter. Aflac stock steadies as Japan Post trims stake and mixed Q2 2026 results shape outlook
• Negative Sentiment: Japan Post Holdings has continued reducing its Aflac stake, selling 13,200 shares for approximately $1.55 million on August 26 and 12,700 shares for approximately $1.48 million on August 25. The transactions were conducted under a pre-arranged Rule 10b5-1 plan, and each reduced its ownership by only 0.03%, limiting the immediate fundamental impact. However, the repeated sales may create a supply overhang and weigh on investor sentiment. Major AFLAC Stakeholder Makes Bold Move With Multimillion-Dollar Stock Sale

Insider Activity at Aflac

In other news, major shareholder Post Holdings Co. Ltd. Japan sold 63,000 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $118.12, for a total value of $7,441,560.00. Following the completion of the sale, the insider directly owned 51,169,435 shares of the company's stock, valued at approximately $6,044,133,662.20. This represents a 0.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 515,325 shares of company stock worth $60,514,826 in the last three months. 0.80% of the stock is 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.

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