SteelPeak Wealth LLC Purchases 16,852 Shares of MetLife, Inc. $MET

SteelPeak Wealth LLC boosted its position in MetLife, Inc. (NYSE:MET) by 43.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,998 shares of the financial services provider’s stock after buying an additional 16,852 shares during the quarter. SteelPeak Wealth LLC’s holdings in MetLife were worth $3,960,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in MET. Independent Financial Group LLC purchased a new stake in MetLife in the 1st quarter worth about $394,000. Twin Capital Management Inc. raised its stake in MetLife by 11.8% in the 1st quarter. Twin Capital Management Inc. now owns 29,960 shares of the financial services provider’s stock valued at $2,119,000 after acquiring an additional 3,165 shares during the period. Checchi Capital Advisers LLC lifted its holdings in MetLife by 15.5% during the first quarter. Checchi Capital Advisers LLC now owns 7,077 shares of the financial services provider’s stock valued at $500,000 after purchasing an additional 950 shares during the last quarter. ABC Arbitrage SA boosted its position in MetLife by 924.1% during the first quarter. ABC Arbitrage SA now owns 28,991 shares of the financial services provider’s stock worth $2,050,000 after purchasing an additional 26,160 shares during the period. Finally, AMG National Trust Bank increased its stake in shares of MetLife by 8.8% in the first quarter. AMG National Trust Bank now owns 3,096 shares of the financial services provider’s stock worth $219,000 after purchasing an additional 250 shares in the last quarter. Institutional investors own 94.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on MET shares. JPMorgan Chase & Co. upped their price target on shares of MetLife from $95.00 to $96.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Bank of America reduced their price objective on shares of MetLife from $103.00 to $99.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Evercore set a $96.00 target price on shares of MetLife in a report on Thursday, April 9th. UBS Group increased their target price on MetLife from $102.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Finally, Piper Sandler raised their price target on MetLife from $86.00 to $90.00 and gave the stock a “neutral” rating in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.57.

MetLife Stock Up 1.5%

Shares of NYSE:MET opened at $93.58 on Friday. The firm has a fifty day moving average price of $85.49 and a two-hundred day moving average price of $78.97. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.20 and a quick ratio of 0.20. MetLife, Inc. has a one year low of $67.33 and a one year high of $94.09. The company has a market cap of $60.21 billion, a price-to-earnings ratio of 18.14, a PEG ratio of 0.69 and a beta of 0.78.

MetLife (NYSE:MET) last released its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $2.42 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.15. MetLife had a net margin of 4.66% and a return on equity of 22.60%. The firm had revenue of $14.18 billion for the quarter, compared to analysts’ expectations of $19.49 billion. During the same quarter in the prior year, the firm posted $1.96 earnings per share. The business’s quarterly revenue was up 2.7% on a year-over-year basis. Analysts anticipate that MetLife, Inc. will post 9.97 EPS for the current fiscal year.

MetLife Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Tuesday, August 4th will be paid a $0.5925 dividend. This represents a $2.37 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Tuesday, August 4th. MetLife’s dividend payout ratio is currently 45.93%.

Key MetLife News

Here are the key news stories impacting MetLife this week:

• Positive Sentiment: MetLife Stadium is in the spotlight ahead of the World Cup final, with multiple guides on tickets, travel, kickoff times and fan logistics highlighting the scale of the event and the stadium’s global exposure.
• Positive Sentiment: FIFA is even selling pieces of the World Cup final field from MetLife Stadium, underscoring the event’s commercial buzz and added publicity for the MetLife name.
• Positive Sentiment: A Zacks article says MetLife is embedding AI across underwriting, claims, and customer service, which could lower costs and strengthen margins over time. Article Title
• Neutral Sentiment: One analyst firm trimmed its FY2026 EPS estimate slightly to $9.90 from $9.95, but the new forecast is still close to the broader consensus of $9.97, so the impact on the stock appears limited for now.
• Neutral Sentiment: Articles about Tom Cruise, fan guides, and global kickoff times mainly reflect surrounding World Cup hype rather than any direct change to MetLife’s fundamentals.
• Negative Sentiment: There are lingering mentions that MetLife’s World Cup grass field faced earlier concerns, which could raise questions about event readiness, though recent coverage suggests the surface is passing its final test.

MetLife Company Profile

MetLife, Inc is a global provider of insurance, annuities and employee benefit programs. Headquartered in New York City, the company offers a range of risk protection and retirement solutions to individuals, employers and institutional clients. Its core businesses include life insurance, group benefits, retirement products such as annuities, and supplemental health products including dental and disability coverage.

In addition to traditional life and group insurance, MetLife provides workplace benefits and voluntary products distributed through employer-sponsored programs.