Brookfield Wealth Solutions Ltd. $BNT Shares Purchased by Montrusco Bolton Investments Inc.

Montrusco Bolton Investments Inc. increased its holdings in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT) by 30.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 307,408 shares of the company’s stock after purchasing an additional 72,434 shares during the period. Montrusco Bolton Investments Inc.’s holdings in Brookfield Wealth Solutions were worth $12,721,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Partners Value Investments L.P. boosted its holdings in Brookfield Wealth Solutions by 50.0% in the fourth quarter. Partners Value Investments L.P. now owns 12,320,344 shares of the company’s stock valued at $566,120,000 after purchasing an additional 4,106,781 shares during the last quarter. BROOKFIELD Corp ON lifted its stake in shares of Brookfield Wealth Solutions by 50.0% in the 4th quarter. BROOKFIELD Corp ON now owns 1,355,764 shares of the company’s stock valued at $62,297,000 after purchasing an additional 451,921 shares during the period. Royal Bank of Canada lifted its stake in shares of Brookfield Wealth Solutions by 50.3% in the 4th quarter. Royal Bank of Canada now owns 879,629 shares of the company’s stock valued at $40,418,000 after purchasing an additional 294,247 shares during the period. Bank of Nova Scotia boosted its holdings in Brookfield Wealth Solutions by 50.0% during the fourth quarter. Bank of Nova Scotia now owns 750,004 shares of the company’s stock worth $34,528,000 after buying an additional 250,001 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Brookfield Wealth Solutions by 1,507.2% during the third quarter. Vanguard Group Inc. now owns 265,706 shares of the company’s stock worth $18,216,000 after buying an additional 249,174 shares in the last quarter. 20.31% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on BNT shares. Weiss Ratings lowered Brookfield Wealth Solutions from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 18th. Wall Street Zen lowered shares of Brookfield Wealth Solutions from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Brookfield Wealth Solutions has a consensus rating of “Hold”.

Brookfield Wealth Solutions Stock Up 0.2%

NYSE BNT opened at $43.39 on Friday. Brookfield Wealth Solutions Ltd. has a 52 week low of $40.06 and a 52 week high of $49.86. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.29. The business’s fifty day simple moving average is $44.91 and its 200-day simple moving average is $45.04. The firm has a market cap of $14.67 billion, a PE ratio of 173.58 and a beta of 1.49.

Brookfield Wealth Solutions (NYSE:BNT) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.07 earnings per share (EPS) for the quarter. Brookfield Wealth Solutions had a net margin of 0.16% and a return on equity of 0.10%. The firm had revenue of $1.66 billion during the quarter.

Brookfield Wealth Solutions Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.07 dividend. The ex-dividend date was Monday, June 15th. Brookfield Wealth Solutions’s payout ratio is presently 112.00%.

About Brookfield Wealth Solutions

Brookfield Wealth Solutions is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance.The company was incorporated in 2020 and is headquartered in Pembroke, Bermuda.