AFG American Financial Group Inc

Amundi recently increased its stake in American Financial Group (NYSE:AFG) by 13.4%, acquiring an additional 33,806 shares. The investment firm now owns 285,532 shares valued at approximately $36.8 million. This comes as American Financial Group reported strong quarterly results, beating analyst expectations with an EPS of $2.69 and revenue of $2.33 billion, alongside paying a special $2.00 dividend.

Nordwand Advisors LLC acquired 13,510 shares of American Financial Group, Inc. (AFG) in Q2, valued at approximately $1.705 million, as detailed in its latest SEC filing. Institutional ownership of AFG stands at 64.37%, with several other institutions increasing their stakes, while insiders own 17.40% and have recent sales. The company reported strong Q3 earnings, beating analyst estimates, and declared a special dividend, with Wall Street analysts generally holding a "Hold" rating for the stock.

Frank Rimerman Advisors LLC significantly increased its holdings in American Financial Group, Inc. (NYSE:AFG) by 124.2% during the second quarter, bringing its total to 10,737 shares valued at $1,355,000. Other institutional investors also adjusted their stakes, while company insiders like CFO Brian S. Hertzman and Director Stephen Craig Lindner, Jr. sold shares. The article also covers AFG's recent financial performance, dividend announcement, and updated analyst price targets, noting an average "Hold" rating from brokerages.

Johnson Investment Counsel Inc. increased its stake in American Financial Group (NYSE:AFG) by 6.1%, now owning 602,558 shares valued at approximately $76 million. American Financial Group also raised its quarterly dividend from $0.80 to $0.88 per share, resulting in an annualized dividend yield of 2.6%. Analysts currently hold a "Hold" rating on AFG with a consensus price target of $136.75.

American Financial Group, Inc. (NYSE: AFG) announced that its management, including John B. Berding, David L. Thompson, Jr., and Brian S. Hertzman, will meet with investors at a forum hosted by Dowling & Partners in New York City on Thursday, November 16, 2023. While there will be no formal presentation, investor materials will be posted on AFG's website prior to the event. American Financial Group is an insurance holding company primarily engaged in property and casualty insurance through its Great American Insurance Group.

American Financial Group, Inc. (AFG) will release its 2023 third-quarter results after 5:00 p.m. ET on Wednesday, November 1, 2023. The company will host a conference call and webcast to discuss these results at 11:30 a.m. ET on Thursday, November 2, 2023. Participants can register by telephone or access the live webcast and later a replay via AFG's website.