Louisiana State Employees Retirement System Invests $2.57 Million in American Financial Group, Inc. $AFG

Posted by Geri Gentry on Jun 30th, 2026

Louisiana State Employees Retirement System bought a new stake in American Financial Group, Inc. (NYSE:AFG – Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 20,100 shares of the insurance provider’s stock, valued at approximately $2,567,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Steph & Co. grew its stake in American Financial Group by 11.5% during the 1st quarter. Steph & Co. now owns 787 shares of the insurance provider’s stock valued at $101,000 after acquiring an additional 81 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in American Financial Group by 4.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 1,975 shares of the insurance provider’s stock worth $252,000 after purchasing an additional 83 shares in the last quarter. JB Capital LLC lifted its stake in American Financial Group by 2.1% in the 4th quarter. JB Capital LLC now owns 4,268 shares of the insurance provider’s stock worth $583,000 after purchasing an additional 89 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of American Financial Group by 11.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 884 shares of the insurance provider’s stock worth $129,000 after purchasing an additional 91 shares during the last quarter. Finally, Larson Financial Group LLC boosted its holdings in shares of American Financial Group by 2.2% during the 4th quarter. Larson Financial Group LLC now owns 4,546 shares of the insurance provider’s stock worth $621,000 after purchasing an additional 98 shares during the last quarter. 64.37% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at American Financial Group

In other news, SVP Michelle A. Gillis sold 2,247 shares of the company’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $139.00, for a total value of $312,333.00. Following the transaction, the senior vice president owned 13,135 shares of the company’s stock, valued at $1,825,765. This represents a 14.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider David Lawrence Thompson, Jr. sold 11,370 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $135.05, for a total value of $1,535,518.50. Following the transaction, the insider owned 584,098 shares of the company’s stock, valued at approximately $78,882,434.90. This represents a 1.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 16.90% of the stock is owned by company insiders.

American Financial Group Stock Performance

NYSE:AFG opened at $139.67 on Tuesday. The company’s 50-day moving average is $133.06 and its two-hundred day moving average is $131.91. American Financial Group, Inc. has a 1-year low of $122.11 and a 1-year high of $150.02. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.48 and a quick ratio of 0.48. The firm has a market capitalization of $11.61 billion, a price-to-earnings ratio of 13.28 and a beta of 0.64.

American Financial Group (NYSE:AFG – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The insurance provider reported $2.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.54 by ($0.07). The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.70 billion. American Financial Group had a return on equity of 19.50% and a net margin of 10.76%.The firm’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.81 EPS. Analysts forecast that American Financial Group, Inc. will post 11.37 EPS for the current year.

American Financial Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Wednesday, April 15th were given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 2.5%. The ex-dividend date was Wednesday, April 15th. American Financial Group’s dividend payout ratio is presently 33.46%.

Analysts Set New Price Targets

Several equities research analysts recently commented on AFG shares. Piper Sandler increased their price target on American Financial Group from $135.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Keefe, Bruyette & Woods boosted their price objective on American Financial Group from $134.00 to $140.00 and gave the stock a “market perform” rating in a research note on Wednesday, March 25th. Weiss Ratings restated a “buy (b-)” rating on shares of American Financial Group in a report on Thursday, June 11th. Finally, Wells Fargo & Company raised their target price on American Financial Group from $155.00 to $158.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $145.00.

Check Out Our Latest Report on American Financial Group

About American Financial Group

(Free Report)

American Financial Group, Inc (NYSE: AFG) is a diversified holding company primarily engaged in property and casualty insurance and reinsurance. Through its flagship subsidiary, Great American Insurance Company, the firm underwrites a broad range of specialty insurance products for commercial and industrial clients, including inland marine, excess and surplus lines, executive liability, and environmental liability coverage. In addition, American Financial Group offers supplemental accident and health insurance and assumes reinsurance risks from other insurers, helping to diversify its underwriting portfolio.

The company traces its roots to 1946, when it was founded by Carl Lindner, Sr.