Steven Kent Beaver Sells 5,508 Shares of Aflac (NYSE:AFL) Stock

Aflac Incorporated (NYSE:AFL) EVP Steven Kent Beaver sold 5,508 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $117.81, for a total transaction of $648,897.48. Following the completion of the transaction, the executive vice president directly owned 40,537 shares of the company’s stock, valued at $4,775,663.97. This trade represents a 11.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Aflac Stock Performance

Shares of NYSE:AFL opened at $112.63 on Friday. The company has a market capitalization of $57.33 billion, a price-to-earnings ratio of 12.78, a price-to-earnings-growth ratio of 2.01 and a beta of 0.62. Aflac Incorporated has a 52 week low of $96.95 and a 52 week high of $119.81. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average of $112.99 and a 200 day moving average of $111.78.

Aflac (NYSE:AFL) last issued its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.05). The business had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $4.20 billion. Aflac had a return on equity of 13.88% and a net margin of 25.60%.The business’s quarterly revenue was up 27.9% on a year-over-year basis. During the same period last year, the firm earned $1.66 EPS. On average, sell-side analysts predict that Aflac Incorporated will post 7.08 earnings per share for the current fiscal year.

Aflac Dividend Announcement

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

More Aflac News

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.
• Positive Sentiment: The company continues to support investors with a quarterly dividend of $0.61 per share, reinforcing its income appeal.
• 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.
• 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

Hedge Funds Weigh In On Aflac

Large investors have recently made changes to their positions in the business. Brighton Jones LLC increased its position in shares of Aflac by 64.4% in the 4th quarter. Brighton Jones LLC now owns 14,570 shares of the financial services provider’s stock valued at $1,507,000 after acquiring an additional 5,708 shares during the period. Bison Wealth LLC increased its position in shares of Aflac by 4.3% in the 4th quarter. Bison Wealth LLC now owns 4,402 shares of the financial services provider’s stock valued at $455,000 after acquiring an additional 183 shares during the period. WINTON GROUP Ltd acquired a new position in shares of Aflac in the 2nd quarter valued at $280,000. Sei Investments Co. increased its position in shares of Aflac by 11.2% in the 2nd quarter. Sei Investments Co. now owns 150,334 shares of the financial services provider’s stock valued at $15,854,000 after acquiring an additional 15,105 shares during the period. Finally, Main Street Financial Solutions LLC increased its position in shares of Aflac by 1.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 11,953 shares of the financial services provider’s stock valued at $1,261,000 after acquiring an additional 192 shares during the period. 67.44% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AFL has been the subject of a number of recent research reports. Piper Sandler reissued an “overweight” rating and issued a $130.00 price objective (up from $125.00) on shares of Aflac in a research note on Tuesday. Mizuho set a $104.00 price objective on shares of Aflac in a research note on Monday, May 4th. Weiss Ratings raised Aflac from a “buy (b-)” rating to a “buy (a-)” rating in a research report on Friday, May 15th. Morgan Stanley upped their price target on Aflac from $120.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. Finally, Barclays set a $99.00 price target on Aflac and gave the stock an “underweight” rating in a research report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Aflac has an average rating of “Hold” and a consensus price target of $112.27.

Aflac Company Profile

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.