Bank of Montreal Can Cuts Holdings in Aflac Incorporated $AFL

Bank of Montreal Can cut its holdings in Aflac Incorporated (NYSE:AFL) by 8.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 440,187 shares of the financial services provider’s stock after selling 40,939 shares during the quarter. Bank of Montreal Can owned 0.08% of Aflac worth $49,169,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. True Wealth Design LLC grew its stake in shares of Aflac by 188.5% during the 3rd quarter. True Wealth Design LLC now owns 225 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 147 shares during the period. Darwin Wealth Management LLC purchased a new stake in shares of Aflac during the 2nd quarter worth approximately $33,000. Westside Investment Management Inc. grew its holdings in shares of Aflac by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 324 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 162 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in Aflac in the 2nd quarter valued at approximately $42,000. Finally, JCIC Asset Management Inc. purchased a new position in Aflac in the 3rd quarter valued at approximately $45,000. Institutional investors and hedge funds own 67.44% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Wells Fargo & Company boosted their price objective on shares of Aflac from $109.00 to $118.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 25th. TD Cowen restated a “hold” rating on shares of Aflac in a research report on Monday, December 22nd. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aflac in a report on Monday, December 22nd. Mizuho set a $107.00 target price on Aflac in a report on Monday, February 9th. Finally, Raymond James Financial reissued an “outperform” rating and set a $119.00 price target (up from $110.00) on shares of Aflac in a research report on Tuesday, December 30th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $111.73.

Insider Activity at Aflac

In other Aflac news, major shareholder Post Holdings Co. Ltd. Japan sold 19,000 shares of Aflac stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $110.47, for a total value of $2,098,930.00. Following the transaction, the insider owned 52,186,100 shares in the company, valued at $5,764,998,467. This trade represents a 0.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Steven Kent Beaver sold 7,387 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $113.58, for a total transaction of $839,015.46. Following the sale, the executive vice president directly owned 40,526 shares of the company’s stock, valued at $4,602,943.08. This represents a 15.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 82,087 shares of company stock worth $9,091,606 over the last three months. Corporate insiders own 0.90% of the company’s stock.

Aflac Stock Up 0.3%

AFL stock opened at $109.61 on Friday. Aflac Incorporated has a one year low of $96.95 and a one year high of $119.32. The stock has a market capitalization of $56.60 billion, a P/E ratio of 15.93, a PEG ratio of 3.58 and a beta of 0.66. The company has a 50 day moving average price of $111.66 and a two-hundred day moving average price of $110.29. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.11 and a current ratio of 0.11.

Aflac (NYSE:AFL) last posted its quarterly earnings data on Wednesday, February 4th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.12). The business had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.45 billion. Aflac had a return on equity of 14.35% and a net margin of 21.24%.Aflac’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.57 EPS. As a group, sell-side analysts expect that Aflac Incorporated will post 6.88 EPS for the current year.

Key Aflac News

Here are the key news stories impacting Aflac this week:

• Positive Sentiment: Empower Brokerage announced a partnership to distribute Aflac products, expanding Aflac’s distribution footprint and potentially boosting US sales/renewals over time; a tangible revenue/distribution win that can support growth expectations. Empower Brokerage Begins Partnership with Aflac
• Neutral Sentiment: Post Holdings Co. Ltd. Japan — a >10% Aflac shareholder — has sold small blocks of stock across multiple days (totaling tens of thousands of shares), each a tiny fraction (0.03–0.04%) of its position; routine disclosed selling that reduces insider optics but so far appears strategic/liquidity-driven rather than a signal of operational trouble. Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells $1,896,426.00 in Stock
• Negative Sentiment: Aflac disclosed a cybersecurity incident — coverage indicates a breach is under investigation. Cybersecurity events can create near-term costs (forensics, remediation, notification/regulatory) and reputational risk; watch for Aflac’s follow-up disclosures about scope, affected systems/data, customer impact, and any regulatory or legal implications. Aflac hit by cybersecurity breach

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.