Janus Henderson Group PLC Boosts Stake in Sun Life Financial Inc. $SLF

Key Points

• Janus Henderson increased its Sun Life Financial stake by 33.4% in the first quarter, adding 20,993 shares for a total holding worth approximately $5.24 million.
• Several other institutional investors also expanded their positions, and institutional ownership now represents 52.26% of Sun Life’s outstanding shares.
• Sun Life reported strong quarterly results, with adjusted EPS of $1.46 beating the $1.39 consensus estimate. Analysts maintain a “Moderate Buy” consensus, with an average price target of $84.67.

Janus Henderson Group PLC increased its stake in Sun Life Financial Inc. (NYSE:SLF - Free Report) TSE: SLF by 33.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 83,904 shares of the financial services provider's stock after purchasing an additional 20,993 shares during the quarter. Janus Henderson Group PLC's holdings in Sun Life Financial were worth $5,243,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Oddo BHF Asset Management Sas raised its stake in shares of Sun Life Financial by 4.3% in the first quarter. Oddo BHF Asset Management Sas now owns 87,316 shares of the financial services provider's stock worth $5,462,000 after buying an additional 3,600 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Sun Life Financial by 44.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,567 shares of the financial services provider's stock worth $223,000 after acquiring an additional 1,101 shares in the last quarter. Empowered Funds LLC bought a new stake in Sun Life Financial during the 1st quarter worth approximately $1,339,000. Quantinno Capital Management LP raised its stake in Sun Life Financial by 30.5% during the 1st quarter. Quantinno Capital Management LP now owns 189,760 shares of the financial services provider's stock worth $11,871,000 after acquiring an additional 44,355 shares during the period. Finally, Lazard Asset Management LLC lifted its holdings in Sun Life Financial by 224.9% during the first quarter. Lazard Asset Management LLC now owns 27,805 shares of the financial services provider's stock valued at $1,742,000 after purchasing an additional 19,248 shares in the last quarter. Institutional investors own 52.26% of the company's stock.

More Sun Life Financial News

Here are the key news stories impacting Sun Life Financial this week:

• Positive Sentiment: Q2 earnings exceeded expectations: Sun Life reported adjusted earnings of $1.46 per share, up from $1.29 a year earlier and $0.07 above the $1.39 analyst consensus. The company also surpassed revenue estimates. Sun Life surpasses Q2 earnings and revenue estimates
• Positive Sentiment: Broad-based growth strengthened the results: Sun Life said underlying net income grew at a double-digit rate, supported by strong performance in Canada, Asia and the United States. Underlying return on equity reached 19.1%, indicating solid profitability and capital efficiency. Sun Life reports second-quarter 2026 results
• Positive Sentiment: Dividend remains intact: The board declared a quarterly common-share dividend of $0.96, unchanged from the prior quarter and payable September 29, 2026. The steady payout may appeal to income-focused investors and signals confidence in the company’s financial position. Sun Life declares third-quarter dividends
• Neutral Sentiment: Planned board transition: Joseph Natale is expected to succeed Scott Powers as board chair after the May 2027 annual meeting. The change is not immediate and was presented as an orderly succession plan, so it is unlikely to materially affect near-term results. Sun Life announces chair succession

Analyst Ratings Changes

SLF has been the subject of a number of analyst reports. Wall Street Zen raised shares of Sun Life Financial from a "sell" rating to a "hold" rating in a research note on Sunday, July 26th. TD Cowen restated a "buy" rating on shares of Sun Life Financial in a research note on Thursday, May 7th. Scotiabank reiterated a "sector perform" rating on shares of Sun Life Financial in a research note on Wednesday, July 15th. Argus set a $81.00 price target on Sun Life Financial in a report on Wednesday, June 10th. Finally, National Bank Financial upgraded Sun Life Financial from a "sector perform" rating to an "outperform" rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $84.67.

Sun Life Financial Stock Performance

SLF opened at $82.41 on Friday. The stock has a market capitalization of $45.93 billion, a price-to-earnings ratio of 21.24 and a beta of 0.88. The company has a fifty day moving average of $78.68 and a 200 day moving average of $70.88. Sun Life Financial Inc. has a fifty-two week low of $56.22 and a fifty-two week high of $84.38.

Sun Life Financial (NYSE:SLF - Get Free Report) TSE: SLF last announced its quarterly earnings results on Thursday, August 6th. The financial services provider reported $1.46 EPS for the quarter, topping the consensus estimate of $1.39 by $0.07. Sun Life Financial had a net margin of 7.85% and a return on equity of 17.80%. On average, equities research analysts forecast that Sun Life Financial Inc. will post 5.69 earnings per share for the current year.

Sun Life Financial Company Profile

Sun Life Financial Inc, founded in 1865 and headquartered in Toronto, Ontario, is an international financial services organization that provides a range of insurance, wealth management and asset management solutions. The company serves individual and institutional clients, offering products designed to protect against life and health risks, help clients save for retirement, and manage investments on behalf of customers and third parties.

Core business activities include life and health insurance, group benefits for employers, retirement and pension products, and wealth management services such as mutual funds and segregated fund solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source