Montrusco Bolton Investments Inc. Has $8.81 Million Stake in Brookfield Wealth Solutions Ltd. (NYSE:BNT)

Montrusco Bolton Investments Inc. grew its stake in Brookfield Wealth Solutions Ltd. (NYSE:BNT - Free Report) by 11.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 168,631 shares of the company's stock after purchasing an additional 16,990 shares during the period. Montrusco Bolton Investments Inc. owned approximately 0.12% of Brookfield Wealth Solutions worth $8,811,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Swiss National Bank grew its position in Brookfield Wealth Solutions by 53.8% during the 4th quarter. Swiss National Bank now owns 38,600 shares of the company's stock worth $2,219,000 after acquiring an additional 13,500 shares during the last quarter. BROOKFIELD Corp ON grew its position in Brookfield Wealth Solutions by 165.2% during the 4th quarter. BROOKFIELD Corp ON now owns 1,240,349 shares of the company's stock worth $71,246,000 after acquiring an additional 772,648 shares during the last quarter. Mackenzie Financial Corp boosted its position in Brookfield Wealth Solutions by 49.3% in the 4th quarter. Mackenzie Financial Corp now owns 50,264 shares of the company's stock valued at $2,888,000 after buying an additional 16,599 shares during the last quarter. Legal & General Group Plc boosted its position in Brookfield Wealth Solutions by 84.9% in the 4th quarter. Legal & General Group Plc now owns 12,539 shares of the company's stock valued at $721,000 after buying an additional 5,757 shares during the last quarter. Finally, National Bank of Canada FI boosted its position in Brookfield Wealth Solutions by 8,323.4% in the 4th quarter. National Bank of Canada FI now owns 309,727 shares of the company's stock valued at $17,791,000 after buying an additional 306,050 shares during the last quarter. 20.31% of the stock is currently owned by institutional investors.

Brookfield Wealth Solutions Stock Performance

BNT traded down $0.83 during mid-day trading on Friday, reaching $67.17. The stock had a trading volume of 12,335 shares, compared to its average volume of 14,551. The company has a market cap of $16.15 billion, a PE ratio of 203.55 and a beta of 1.57. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.02. The stock has a fifty day moving average price of $60.11. Brookfield Wealth Solutions Ltd. has a 52 week low of $42.31 and a 52 week high of $68.87.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.09 EPS for the quarter. Brookfield Wealth Solutions had a return on equity of 0.13% and a net margin of 0.11%.

Brookfield Wealth Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date of this dividend was Friday, June 13th. Brookfield Wealth Solutions's dividend payout ratio (DPR) is currently 109.09%.

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.