Aflac (AFL)

• Market cap: $57B
• 1 day: 1.42%
• 5 days: -1.58%
• 1 month: -6.85%
• 3 months: -4.85%
• 6 months: 14.41%
• Year to date: 23.31%
• 1 year: 27.22%
• 5 years: 93.24%
• 10 years: 233.08%
• Sector: Financials
• Industry: Accident & Health Insurance

About: Aflac Inc offers supplemental health insurance and life insurance in United States and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accident, dental and vision, disability, and long-term-care insurance. It markets its products through independent distributors, selling majority of its policies directly to consumers at their places of work and also reaches out to its customers out of their worksite through digital mediums. The company has two reportable business segments; Aflac Japan which generates the majority of the revenue, and Aflac U.S.

Employees: 12,785

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

115% more first-time investments, than exits

New positions opened: 187 | Existing positions closed: 87

78% more call options, than puts

Call options by funds: $543M | Put options by funds: $306M

67% more funds holding in top 10

Funds holding in top 10: 18 [Q2] → 30 (+12) [Q3]

18% more capital invested

Capital invested by funds: $35.3B [Q2] → $41.5B (+$6.25B) [Q3]

7% more funds holding

Funds holding: 1,420 [Q2] → 1,520 (+100) [Q3]

3.2% less ownership

Funds ownership: 69.64% [Q2] → 66.44% (-3.2%) [Q3]

20% less repeat investments, than reductions

Existing positions increased: 464 | Existing positions reduced: 581

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $90 12% downside
• Avg. target: $107 5% upside
• High target: $124 21% upside

7 analyst ratings

• positive: 2 29%
• neutral: 4 57%
• negative: 1 14%

Evercore ISI Group Thomas Gallagher 44% 1-year accuracy 7 / 16 met price target	1% downside $102	Underperform Maintained	4 Dec 2024
Wells Fargo Elyse Greenspan 57% 1-year accuracy 52 / 91 met price target	4% upside $107	Equal-Weight Maintained	5 Nov 2024
Truist Securities Mark Hughes 70% 1-year accuracy 45 / 64 met price target	2% upside $105	Hold Maintained	1 Nov 2024
B of A Securities Joshua Shanker 44% 1-year accuracy 24 / 54 met price target	21% upside $124	Buy Maintained	10 Oct 2024
TD Cowen Andrew Kligerman 62% 1-year accuracy 8 / 13 met price target	1% downside $102	Hold Initiated	9 Oct 2024