BCE, Inc. $BCE Shares Acquired by Oppenheimer Asset Management Inc.

Key Points

• Oppenheimer Asset Management increased its stake in BCE by 74.9% in Q3, owning 624,092 shares (about 0.07% of the company) worth roughly $14.6 million.
• BCE reported quarterly EPS $0.49 (beat estimates by $0.04) while revenue of $4.66 billion missed expectations; the company set FY2026 guidance at 1.79–1.91 EPS with analysts projecting about 1.94 EPS.
• BCE declared a quarterly dividend of $0.4375 per share (annualized $1.75, yield ~6.8%), with an ex-dividend date of March 16 and payment on April 15.

Oppenheimer Asset Management Inc. boosted its position in BCE, Inc. (NYSE:BCE - Free Report) TSE: BCE by 74.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 624,092 shares of the utilities provider's stock after purchasing an additional 267,313 shares during the period. Oppenheimer Asset Management Inc. owned about 0.07% of BCE worth $14,598,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of BCE by 36.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 278,745 shares of the utilities provider's stock valued at $6,400,000 after buying an additional 75,053 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in BCE by 64.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,096 shares of the utilities provider's stock valued at $71,000 after acquiring an additional 1,217 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new position in BCE during the 2nd quarter valued at about $40,000. Vest Financial LLC raised its position in BCE by 30.4% during the second quarter. Vest Financial LLC now owns 83,742 shares of the utilities provider's stock worth $1,857,000 after acquiring an additional 19,544 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. acquired a new position in BCE during the second quarter worth about $339,000. 41.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on BCE shares. Wall Street Zen cut shares of BCE from a "buy" rating to a "hold" rating in a research note on Sunday, December 28th. Scotiabank reissued an "outperform" rating on shares of BCE in a research report on Monday, January 12th. Barrington Research raised BCE from an "underperform" rating to an "equal weight" rating and boosted their price target for the stock from $21.00 to $26.00 in a report on Tuesday, January 27th. BMO Capital Markets raised BCE from a "market perform" rating to an "outperform" rating in a research note on Thursday, December 11th. Finally, TD Securities raised shares of BCE from a "hold" rating to a "buy" rating in a research note on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $28.00.

BCE Price Performance

Shares of NYSE:BCE opened at $25.61 on Tuesday. The company has a market cap of $23.88 billion, a P/E ratio of 5.22 and a beta of 0.60. The business has a fifty day simple moving average of $24.03 and a 200-day simple moving average of $23.87. BCE, Inc. has a 52 week low of $20.28 and a 52 week high of $26.49. The company has a quick ratio of 0.55, a current ratio of 0.58 and a debt-to-equity ratio of 1.81.

BCE (NYSE:BCE - Get Free Report) TSE: BCE last issued its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.04. The firm had revenue of $4.66 billion for the quarter, compared to analyst estimates of $6.55 billion. BCE had a return on equity of 16.30% and a net margin of 26.14%.The firm's quarterly revenue was down .3% on a year-over-year basis. During the same period last year, the company earned $0.79 EPS. BCE has set its FY 2026 guidance at 1.790-1.910 EPS. Equities research analysts forecast that BCE, Inc. will post 1.94 EPS for the current year.

BCE Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 16th will be given a dividend of $0.4375 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.75 annualized dividend and a yield of 6.8%. BCE's dividend payout ratio is 25.46%.

BCE Profile

BCE Inc NYSE: BCE is a Canadian communications, media and entertainment company that operates through its primary subsidiaries, including Bell Canada and Bell Media. As a large integrated telecommunications provider, BCE delivers a broad range of connectivity services and content to residential, business and wholesale customers across Canada. The company combines network infrastructure with media assets to offer bundled communications and entertainment solutions.

On the services side, BCE provides fixed-line and wireless voice services, mobile data, high-speed internet, fibre and broadband access, and television services through platforms such as Bell Fibe and Bell TV.

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