Japan Post Holdings Co., Ltd. executed two sales of Aflac Inc. common stock on March 19, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The combined transactions totaled 10,100 shares and produced proceeds of $1.08 million.
The larger of the two trades involved 8,800 shares sold at a weighted average price of $107.28, with transaction prices spanning $106.74 to $107.73. The smaller block consisted of 1,300 shares sold at a weighted average price of $108.28, with prices ranging from $107.75 to $108.62.
After these dispositions, Japan Post Holdings indirectly holds 52,078,600 shares of Aflac. The filing characterizes Japan Post Holdings as a ten-percent owner of Aflac.
At the time of the filing, Aflac shares were trading at $107.14, reflecting a market capitalization of $55.2 billion and a price-to-earnings ratio of 15.57. The company also reports a long-standing dividend record, having raised its dividend for 42 consecutive years and offering a current yield of 2.3%, according to InvestingPro.
Separately, Aflac released fourth-quarter 2025 results that presented a mixed picture. Earnings per share for the quarter came in at $1.57, missing the consensus estimate of $1.70. Revenue, by contrast, beat expectations, reaching $4.87 billion versus a forecast of $4.28 billion, a 13.79% upside to the revenue projection.
Analyst action accompanied the earnings report. Mizuho adjusted its price target on Aflac from $104.00 to $107.00, while retaining an Underperform rating. The firm noted the price-target change as a valuation roll-forward and continues to anticipate a negative 6% return for the stock.
These items - the Japan Post Holdings sale, the quarterly earnings gap between EPS and revenue, and the maintained Underperform rating with a revised price target - are the discrete facts disclosed in filings and public results. The available documentation does not provide additional commentary on motives behind the share sales or on forward guidance beyond the figures and analyst action cited.