Research Analysts’ Weekly Ratings Changes for Aflac (AFL)

A number of firms have modified their ratings and price targets on shares of Aflac (NYSE: AFL) recently:

• 1/14/2025 – Aflac had its price target raised by analysts at Wells Fargo & Company from $103.00 to $104.00. They now have an “equal weight” rating on the stock.
• 1/10/2025 – Aflac had its price target lowered by analysts at Keefe, Bruyette & Woods from $108.00 to $107.00. They now have a “market perform” rating on the stock.
• 1/8/2025 – Aflac was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 1/7/2025 – Aflac had its price target raised by analysts at JPMorgan Chase & Co. from $90.00 to $94.00. They now have a “neutral” rating on the stock.
• 1/6/2025 – Aflac had its price target raised by analysts at Barclays PLC from $96.00 to $98.00. They now have an “underweight” rating on the stock.
• 12/31/2024 – Aflac was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 12/4/2024 – Aflac had its price target lowered by analysts at Evercore ISI from $104.00 to $102.00. They now have an “underperform” rating on the stock.
• 12/3/2024 – Aflac had its price target raised by analysts at Wells Fargo & Company to $107.00. They now have a “hold” rating on the stock.

Aflac Trading Up 1.0 %

Aflac stock opened at $103.52 on Wednesday. The stock has a market cap of $57.51 billion, a PE ratio of 15.59, a P/E/G ratio of 2.09 and a beta of 1.00. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.32. The stock has a 50-day moving average price of $106.55 and a 200 day moving average price of $105.12. Aflac Incorporated has a 52 week low of $75.07 and a 52 week high of $115.50.

Aflac (NYSE:AFL) last issued its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.47. The business had revenue of $2.95 billion during the quarter, compared to the consensus estimate of $4.30 billion. Aflac had a net margin of 22.02% and a return on equity of 16.34%. The company’s quarterly revenue was down 40.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.84 earnings per share. Equities research analysts predict that Aflac Incorporated will post 7.27 earnings per share for the current fiscal year.

Aflac Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Wednesday, February 19th will be issued a $0.58 dividend. The ex-dividend date is Wednesday, February 19th. This is an increase from Aflac’s previous quarterly dividend of $0.50. This represents a $2.32 annualized dividend and a yield of 2.24%. Aflac’s payout ratio is 34.94%.

Insiders Place Their Bets

In other news, EVP Audrey B. Tillman sold 24,744 shares of the company’s stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $103.40, for a total transaction of $2,558,529.60. Following the completion of the transaction, the executive vice president now owns 222,618 shares of the company’s stock, valued at $23,018,701.20. This represents a 10.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On Aflac

Institutional investors have recently bought and sold shares of the stock. Spinnaker Trust boosted its holdings in shares of Aflac by 2.7% in the 3rd quarter. Spinnaker Trust now owns 3,620 shares of the financial services provider’s stock valued at $405,000 after purchasing an additional 95 shares during the last quarter. Secure Asset Management LLC boosted its holdings in Aflac by 1.0% in the third quarter. Secure Asset Management LLC now owns 9,783 shares of the financial services provider’s stock valued at $1,094,000 after acquiring an additional 96 shares during the last quarter. Ascent Group LLC grew its position in Aflac by 0.6% during the second quarter. Ascent Group LLC now owns 17,231 shares of the financial services provider’s stock valued at $1,539,000 after acquiring an additional 99 shares during the period. Ieq Capital LLC grew its position in Aflac by 0.5% during the second quarter. Ieq Capital LLC now owns 21,775 shares of the financial services provider’s stock valued at $1,945,000 after acquiring an additional 101 shares during the period. Finally, New Century Financial Group LLC increased its stake in Aflac by 2.5% during the third quarter. New Century Financial Group LLC now owns 4,198 shares of the financial services provider’s stock worth $469,000 after acquiring an additional 101 shares during the last quarter. 67.44% of the stock is currently owned by hedge funds and other institutional investors.

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. The company operates through Aflac Japan and Aflac U.S. segments. The Aflac Japan segment offers cancer, medical, nursing care, work leave, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan.