American Financial Group (AFG) reported second-quarter 2026 net earnings of $248 million, or $2.99 per diluted share, compared with $174 million, or $2.07 per diluted share, in the prior-year quarter. Total revenues were $2.03 billion for the quarter.
The company said core net operating earnings were $234 million, or $2.82 per share, and pretax property and casualty operating income reached a second-quarter record of $350 million. Net written premiums rose 6% from the year-ago period.
- Second-quarter annualized return on equity was 20.3%.
- Specialty P&C operations generated a 91.5% combined ratio, compared with 93.1% a year earlier.
- Underwriting profit was $144 million, up from $114 million in the 2025 second quarter.
- Book value per share was $58.14 at June 30, 2026.
- AFG repurchased $26 million of common stock and paid cash dividends of $0.88 per share during the quarter.
$AFGB Hedge Fund Activity
We have seen 1 institutional investors add shares of $AFGB stock to their portfolio, and 2 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FIRST COMMAND ADVISORY SERVICES, INC. added 146 shares (+inf%) to their portfolio in Q1 2026, for an estimated $3,004
- BOYD WATTERSON ASSET MANAGEMENT LLC/OH removed 125 shares (-14.3%) from their portfolio in Q1 2026, for an estimated $2,572
- NBC SECURITIES, INC. removed 12 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $246
- PNC FINANCIAL SERVICES GROUP, INC. added 0 shares (+0.0%) to their portfolio in Q1 2026, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
