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The latest update is out from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ).
Australian Foundation Investment Company reported its pre-tax net tangible asset backing at $8.09 per share and post-tax NTA at $6.77 as at 28 February 2026, reflecting the provision of both an interim and a special dividend. The $10.3 billion portfolio remains heavily weighted to banks and materials, with its top 25 holdings accounting for just over 80 per cent of invested assets.
The update comes after a strong month for the Australian market, with the S&P/ASX 200 Accumulation Index hitting record highs on the back of outsized gains in banking and resources stocks. AFIC’s holdings in major banks and BHP benefited from these moves, while exposure to weaker sectors such as healthcare, information technology and consumer discretionary underscores the ongoing sectoral divergence shaping returns.
The most recent analyst rating on (AU:AFI) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Australian Foundation Investment Co. Ltd. stock, see the AU:AFI Stock Forecast page.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company (AFIC) is a listed investment company focused on a diversified portfolio of primarily ASX-listed Australian equities. It targets long-term capital growth and a growing stream of fully franked dividends, tracking the S&P/ASX 200 Accumulation Index with a low-cost, fundamental, bottom-up investment style.
Average Trading Volume: 519,906
Technical Sentiment Signal: Hold
Learn more about AFI stock on TipRanks’ Stock Analysis page.