Pictet Asset Management Holding SA Sells 135,082 Shares of Aflac Incorporated $AFL

Pictet Asset Management Holding SA cut its holdings in Aflac Incorporated (NYSE:AFL) by 28.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 337,229 shares of the financial services provider’s stock after selling 135,082 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Aflac were worth $37,186,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AFL. BIP Wealth LLC grew its stake in shares of Aflac by 348.3% during the fourth quarter. BIP Wealth LLC now owns 55,723 shares of the financial services provider’s stock worth $6,145,000 after buying an additional 43,293 shares during the last quarter. ProShare Advisors LLC boosted its holdings in shares of Aflac by 10.4% during the 3rd quarter. ProShare Advisors LLC now owns 1,731,482 shares of the financial services provider’s stock valued at $193,407,000 after acquiring an additional 163,791 shares in the last quarter. Wedbush Securities Inc. boosted its holdings in shares of Aflac by 126.1% during the 3rd quarter. Wedbush Securities Inc. now owns 21,345 shares of the financial services provider’s stock valued at $2,384,000 after acquiring an additional 11,903 shares in the last quarter. Nordea Investment Management AB grew its position in Aflac by 5.5% during the 4th quarter. Nordea Investment Management AB now owns 1,866,471 shares of the financial services provider’s stock worth $206,712,000 after acquiring an additional 97,766 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in Aflac by 12.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 97,344 shares of the financial services provider’s stock worth $10,841,000 after purchasing an additional 10,423 shares in the last quarter. Institutional investors own 67.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on AFL. Piper Sandler upgraded Aflac to a “strong-buy” rating in a research report on Thursday, April 2nd. Mizuho set a $102.00 price objective on Aflac and gave the company an “underperform” rating in a research note on Monday, April 13th. Keefe, Bruyette & Woods raised their price objective on shares of Aflac from $113.00 to $115.00 and gave the company a “market perform” rating in a report on Friday, April 10th. UBS Group reduced their target price on shares of Aflac from $116.00 to $114.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Finally, Wall Street Zen downgraded shares of Aflac from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Aflac has an average rating of “Hold” and a consensus target price of $111.82.

Aflac Trading Down 0.2%

Shares of AFL stock opened at $116.07 on Thursday. Aflac Incorporated has a 1-year low of $96.95 and a 1-year high of $119.32. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.29. The stock has a market cap of $59.80 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 3.14 and a beta of 0.66. The stock has a 50-day moving average of $111.35 and a 200-day moving average of $110.82.

Aflac (NYSE:AFL) last announced its earnings results 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 net margin of 21.24% and a return on equity of 14.35%. The company had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.21 billion. During the same quarter in the previous year, the company earned $1.66 earnings per share. The business’s revenue was up 27.9% on a year-over-year basis. On average, equities research analysts forecast that Aflac Incorporated will post 7.28 earnings per share for the current year.

More Aflac News

Here are the key news stories impacting Aflac this week:

• Positive Sentiment: Aflac reported roughly $4.3B in first?quarter revenue and retained strong profitability metrics (net margin ~21% and ROE ~14%), which supports the company’s underlying operating performance. Aflac Reports Strong Q1 2026 Revenue and Earnings
• Neutral Sentiment: Corporate ESG/brand activity: Aflac expanded its “Check for Cancer” program and recognized leaders — positive for reputation and community engagement but unlikely to move near?term fundamentals. Aflac recognizes 6 leaders as Check for Cancer Champions
• Negative Sentiment: Q1 EPS missed expectations: Aflac posted $1.75 EPS vs. consensus ~$1.80–$1.83, and revenue came in marginally below some estimates — the miss is a direct catalyst for the intraday weakness. AFLAC ($AFL) Releases Q1 2026 Earnings
• Negative Sentiment: Heavy insider selling and notable institutional trimming were flagged in recent filings (large sales by strategic holders and a sizeable reduction by UBS AM), which can weigh on sentiment and suggest less insider confidence in near?term upside. AFLAC ($AFL) Releases Q1 2026 Earnings
• Negative Sentiment: Mixed analyst views and price targets skew modestly below the current share price (median target ~$111), leaving limited analyst upside in the near term and contributing to selling pressure. AFLAC ($AFL) Releases Q1 2026 Earnings

Insider Buying and Selling at Aflac

In related news, major shareholder Post Holdings Co. Ltd. Japan sold 86,155 shares of Aflac stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $113.24, for a total transaction of $9,756,192.20. Following the completion of the transaction, the insider owned 51,636,945 shares of the company’s stock, valued at $5,847,367,651.80. This trade represents a 0.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 572,632 shares of company stock worth $63,514,634 in the last ninety days. Corporate insiders own 0.80% of the company’s stock.

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.