Sg Americas Securities 13F: Adds $29M to Aflac (AFL) Stake
SG Americas Securities increased its stake in Aflac by 163.7%, adding 245,429 shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Sg Americas Securities added 245,429 shares to its stake in Aflac Incorporated ($AFL), a 163.71% increase, according to a 13F filing with the SEC dated April 16, 2026. It reported 395,346 shares worth $46.93 million at the end of the quarter.
Since the filing, $AFL is up 1.2% after 1 week, up 4.4% after 1 month and up 6.6% to date (from the $112.56 close on Apr 16, 2026).
Find the original: Sg Americas Securities 13F filings on SEC EDGAR
AFL
Aflac Incorporated
Key Points
- SG Americas Securities boosted its Aflac holdings by 163.7%, adding 245,429 shares to reach a total of 395,346 shares valued at $46.38 million.
- Aflac shares are trading near $117.33 with a market cap of approximately $59.16 billion and a P/E ratio of 13.28.
- Insider activity shows Japan Post Holdings executed multiple planned sales, while analysts maintain varied ratings with targets from $99 to $130.
Get $AFL trade alerts by text
We text you when insiders, Congress or big funds trade $AFL. Free.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Aflac Incorporated alert may contain errors. Disclosures
SG Americas Securities has significantly increased its stake in Aflac Incorporated (NYSE: AFL). According to its latest Form 13F filing with the SEC, the firm added 245,429 shares, boosting its holdings by 163.7% to a total of 395,346 shares. The value of this position is approximately $46.38 million as of the reporting period, but this information is backward-looking and may not reflect the current position.
What Changed in SG Americas Securities' Aflac Position
SG Americas Securities' latest move saw a substantial increase in its Aflac holdings. Previously holding 149,917 shares, the firm added 245,429 shares, resulting in a 163.7% increase. The total number of shares now held by SG Americas stands at 395,346, valued at about $46.38 million.
Other Institutional Activity in Aflac
Several other institutional investors also made changes to their Aflac holdings. Japan Post Holdings Co., Ltd. reduced its position by 325,500 shares, ending with 51,974,500 shares valued at approximately $5.70 billion. BlackRock, Inc. trimmed its holdings by 572,535 shares, leaving it with 36,205,291 shares worth about $3.97 billion. Meanwhile, Geode Capital Management, LLC increased its position by 248,274 shares, bringing its total to 10,717,264 shares valued at around $1.17 billion.
Aflac Incorporated Stock Up 0.6%
Shares of Aflac (NYSE: AFL) are currently trading near $117.33. The company's market capitalization is roughly $59.16 billion, with a P/E ratio of 13.28 and a forward P/E of 15.29. Aflac's stock has experienced a 52-week low of $96.95 and a high of $119.81. The 50-day moving average is $115.05, while the 200-day moving average is $111.40.
Recent Earnings
Aflac reported revenue of $18.11 billion, reflecting a growth rate of 27.9%. The company's net margin stands at 25.6%, with a return on equity of 16.5%. Earnings per share came in at $8.75. The next earnings report is scheduled for August 6, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
2 target raises vs 2 cuts.
-
EPS & revenue
EPS missed estimates by 4.4%. Revenue beat estimates by 1.1%.
-
Profit surprise
Operating income beat by 13 percent.
-
Pre-earnings setup
Bar was low, analysts cautious going in.
-
Analyst signal
2 target raises, 2 target cuts.
-
Earnings quality
Gross margin up 43.4 points. Operating margin up 24.2 points.
Earnings Call Summary
Aflac Japan delivered strong sales growth of 25.5 percent in the quarter, driven by new medical and cancer insurance products, though underlying earned premiums still declined 1.3 percent due to lapses of paid-up policies. In the United States, net earned premiums grew 3.5 percent with solid persistency of 79.3 percent. Management noted that Japan would need about 80 billion yen in annual sales to reach flat earned premium growth, versus 74 billion achieved in 2025.
Guidance Aflac expects Japan benefit ratio between 60 percent and 63 percent for the full year, roughly in line with first quarter results. For the United States, they forecast a benefit ratio of 42 percent to 52 percent. The company plans to continue share buybacks and dividend increases, returning $1.3 billion to shareholders in the first quarter alone.
Neutral report. Results and guidance were close to expectations, with limited evidence of a reset either way.
Dividend
Aflac offers a dividend rate of $2.44 per share, yielding 2.08%. The dividend payout ratio is 26.86%.
Insider Buying and Selling at Aflac Incorporated
Japan Post Holdings Co., Ltd. executed several planned sales of Aflac shares. On June 15, 2026, it sold 28,800 shares at an average price of $117.17. Other sales included 53,000 shares on June 12 at $117.74 and 48,500 shares on June 11 at $117.20. These transactions were part of a planned strategy and not indicative of bearish sentiment.
Analysts Set New Price Targets
Analysts have maintained various ratings for Aflac. On May 26, 2026, Piper Sandler maintained a 'buy' rating with a price target of $130. Morgan Stanley maintained a 'hold' rating with a $125 target on May 21. Wells Fargo kept a 'hold' rating with a target of $111 on May 5. The consensus among 14 analysts is a 'hold', with a mean target price of $112.43.
About Aflac Incorporated
Aflac Incorporated provides supplemental health and life insurance products through its subsidiaries. Operating in the U.S. and Japan, Aflac offers a range of insurance products including cancer, medical, accident, disability, and life insurance. Headquartered in Columbus, Georgia, the company is led by CEO Daniel Paul Amos and employs around 12,716 people.
Bottom Line
SG Americas Securities' significant boost in its Aflac position reflects a strategic move in its investment portfolio. Investors often track 13F filings to gauge institutional sentiment, but these filings are historical and may not represent current holdings. Aflac's stable financial metrics and consistent dividend make it a noteworthy company in the insurance sector.
Related Filing Alerts
Source: Sg Americas Securities's 13F filing on $AFL (Apr 16, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Sg Americas Securities 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts