Brookfield Wealth Solutions Ltd. (NYSE:BNT) Shares Bought by BROOKFIELD Corp ON

BROOKFIELD Corp ON increased its position in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 165.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,240,349 shares of the company's stock after acquiring an additional 772,648 shares during the period. Brookfield Wealth Solutions comprises 0.4% of BROOKFIELD Corp ON's investment portfolio, making the stock its 28th biggest position. BROOKFIELD Corp ON owned approximately 0.85% of Brookfield Wealth Solutions worth $71,246,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BNT. Montrusco Bolton Investments Inc. raised its stake in shares of Brookfield Wealth Solutions by 7.9% in the fourth quarter. Montrusco Bolton Investments Inc. now owns 151,641 shares of the company's stock valued at $8,718,000 after acquiring an additional 11,064 shares in the last quarter. Lincluden Management Ltd. purchased a new position in shares of Brookfield Wealth Solutions in the 4th quarter valued at about $83,000. Proficio Capital Partners LLC grew its position in shares of Brookfield Wealth Solutions by 5,644.0% during the fourth quarter. Proficio Capital Partners LLC now owns 1,362,821 shares of the company's stock worth $78,280,000 after buying an additional 1,339,095 shares in the last quarter. Swiss National Bank raised its holdings in Brookfield Wealth Solutions by 53.8% in the fourth quarter. Swiss National Bank now owns 38,600 shares of the company's stock valued at $2,219,000 after acquiring an additional 13,500 shares in the last quarter. Finally, National Bank of Canada FI grew its holdings in Brookfield Wealth Solutions by 8,323.4% during the 4th quarter. National Bank of Canada FI now owns 309,727 shares of the company's stock worth $17,791,000 after acquiring an additional 306,050 shares in the last quarter. 20.31% of the stock is currently owned by hedge funds and other institutional investors.

Brookfield Wealth Solutions Stock Performance

Shares of BNT traded down $1.28 during midday trading on Friday, reaching $56.76. The stock had a trading volume of 10,991 shares, compared to its average volume of 16,324. The firm has a market capitalization of $13.88 billion, a P/E ratio of 177.38 and a beta of 1.59. The business has a fifty day moving average price of $51.72. Brookfield Wealth Solutions Ltd. has a 1-year low of $40.12 and a 1-year high of $62.72.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter. Brookfield Wealth Solutions had a return on equity of 0.14% and a net margin of 0.10%.

Brookfield Wealth Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.09 per share. The ex-dividend date is Friday, June 13th. This represents a $0.36 annualized dividend and a dividend yield of 0.63%. Brookfield Wealth Solutions's dividend payout ratio is presently 112.50%.

Brookfield Wealth Solutions Company Profile

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.