Harbour Investments Inc. Grows Holdings in Aflac Incorporated $AFL

Key Points

• Harbour Investments Inc. increased its Aflac stake by 147% in the fourth quarter, ending with 18,537 shares valued at about $2.04 million.
• Aflac reported mixed quarterly results: revenue came in above expectations at $4.24 billion, but EPS of $1.75 missed the consensus estimate of $1.80.
• The company declared a quarterly dividend of $0.61 per share, payable June 1, for an annualized yield of about 2.2%.

Harbour Investments Inc. grew its stake in Aflac Incorporated (NYSE:AFL - Free Report) by 147.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,537 shares of the financial services provider's stock after buying an additional 11,032 shares during the period. Harbour Investments Inc.'s holdings in Aflac were worth $2,044,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Allstate Corp grew its stake in Aflac by 106.2% in the 4th quarter. Allstate Corp now owns 37,385 shares of the financial services provider's stock worth $4,122,000 after buying an additional 19,257 shares in the last quarter. Summitry LLC purchased a new position in Aflac in the 4th quarter worth approximately $639,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in Aflac by 300.1% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,237 shares of the financial services provider's stock worth $577,000 after buying an additional 3,928 shares in the last quarter. Fisher Asset Management LLC grew its stake in Aflac by 76.1% in the 4th quarter. Fisher Asset Management LLC now owns 12,175 shares of the financial services provider's stock worth $1,343,000 after buying an additional 5,262 shares in the last quarter. Finally, Clearstead Advisors LLC grew its stake in Aflac by 58.8% in the 4th quarter. Clearstead Advisors LLC now owns 14,153 shares of the financial services provider's stock worth $1,561,000 after buying an additional 5,241 shares in the last quarter. Hedge funds and other institutional investors own 67.44% of the company's stock.

Aflac Stock Down 1.9%

Shares of NYSE AFL opened at $112.63 on Friday. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.26. Aflac Incorporated has a 12 month low of $96.95 and a 12 month high of $119.81. The firm has a market capitalization of $57.33 billion, a PE ratio of 12.78, a price-to-earnings-growth ratio of 2.01 and a beta of 0.62. The firm has a fifty day simple moving average of $112.99 and a two-hundred day simple moving average of $111.78.

Aflac (NYSE:AFL - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.75 EPS for the quarter, missing the consensus estimate of $1.80 by ($0.05). Aflac had a return on equity of 13.88% and a net margin of 25.60%.The company had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter last year, the company posted $1.66 earnings per share. The firm's revenue for the quarter was up 27.9% compared to the same quarter last year. Equities analysts expect that Aflac Incorporated will post 7.08 earnings per share for the current year.

Aflac Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 20th will be issued a $0.61 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $2.44 annualized dividend and a yield of 2.2%. Aflac's dividend payout ratio is 27.70%.

Insider Buying and Selling

In other Aflac news, major shareholder Post Holdings Co. Ltd. Japan sold 166,000 shares of the company's stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $112.38, for a total value of $18,655,080.00. Following the completion of the transaction, the insider directly owned 51,723,100 shares in the company, valued at approximately $5,812,641,978. This represents a 0.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 899,036 shares of company stock valued at $101,809,671. 0.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on AFL shares. Morgan Stanley boosted their price target on shares of Aflac from $120.00 to $125.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 21st. Wall Street Zen raised shares of Aflac from a "sell" rating to a "hold" rating in a research report on Saturday, May 9th. Evercore raised shares of Aflac from a "strong sell" rating to a "strong-buy" rating in a research report on Thursday, April 9th. Wells Fargo & Company dropped their price target on shares of Aflac from $116.00 to $111.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 5th. Finally, Piper Sandler reissued an "overweight" rating and set a $130.00 price target (up from $125.00) on shares of Aflac in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $112.27.

Aflac News Summary

Here are the key news stories impacting Aflac this week:

• Positive Sentiment: Aflac issued yen-denominated senior notes totaling ¥65.9 billion, which suggests it is proactively managing its balance sheet and may be seeking financial flexibility for capital needs or refinancing. Aflac Issues Yen-Denominated Senior Notes for Flexibility
• Positive Sentiment: Analysts at DOWLING & PARTN raised earnings expectations for Aflac, forecasting FY2026 EPS of $7.10, FY2027 EPS of $7.55, and FY2028 EPS of $8.05, all above current consensus for the near term. Aflac analyst EPS estimate update
• Positive Sentiment: The company continues to support investors with a quarterly dividend of $0.61 per share, reinforcing its income appeal. Aflac dividend announcement
• Neutral Sentiment: A major shareholder, Post Holdings Co. Ltd. Japan, and EVP Steven Kent Beaver both disclosed stock sales. The sales were made under pre-arranged plans, which often limits their interpretive value, but frequent insider selling can still create a cautious tone. SEC filing for Post Holdings sale SEC filing for Steven Kent Beaver sale
• Neutral Sentiment: Recent analyst commentary remains mixed, with several firms holding neutral or underweight views and a consensus rating of “Hold,” suggesting limited immediate upside conviction. Aflac analyst coverage summary
• Negative Sentiment: Recent insider selling by both a major shareholder and an executive may be weighing on sentiment, especially since the stock has been near its recent highs and investors may be looking for stronger near-term catalysts. Insider selling alert
• Negative Sentiment: The latest earnings report missed EPS estimates by $0.05, which remains a modest headwind for the stock even though revenue came in ahead of expectations. Aflac earnings results

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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