Montrusco Bolton Investments Inc. Purchases 72,434 Shares of Brookfield Wealth Solutions Ltd. $BNT

Montrusco Bolton Investments Inc. lifted its position in Brookfield Wealth Solutions Ltd. (NYSE:BNT) by 30.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 307,408 shares of the company’s stock after buying an additional 72,434 shares during the period. Montrusco Bolton Investments Inc. owned approximately 0.09% of Brookfield Wealth Solutions worth $12,721,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of BNT. Rockefeller Capital Management L.P. lifted its position in Brookfield Wealth Solutions by 3,156.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 11,755 shares of the company’s stock valued at $540,000 after acquiring an additional 11,394 shares during the last quarter. Invesco Ltd. acquired a new position in shares of Brookfield Wealth Solutions during the fourth quarter worth $227,000. Mackenzie Financial Corp increased its position in shares of Brookfield Wealth Solutions by 77.4% during the fourth quarter. Mackenzie Financial Corp now owns 120,201 shares of the company’s stock worth $5,586,000 after purchasing an additional 52,447 shares in the last quarter. XTX Topco Ltd lifted its holdings in shares of Brookfield Wealth Solutions by 57.5% during the 4th quarter. XTX Topco Ltd now owns 5,418 shares of the company’s stock valued at $249,000 after purchasing an additional 1,978 shares during the last quarter. Finally, PDT Partners LLC purchased a new stake in shares of Brookfield Wealth Solutions during the 4th quarter valued at $230,000. Institutional investors own 20.31% of the company’s stock.

Brookfield Wealth Solutions Price Performance

Shares of BNT opened at $43.39 on Friday. The firm has a market capitalization of $14.67 billion, a PE ratio of 173.58 and a beta of 1.49. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.21 and a quick ratio of 0.21. Brookfield Wealth Solutions Ltd. has a 1-year low of $40.06 and a 1-year high of $49.86. The company’s fifty day moving average price is $44.91 and its 200-day moving average price is $45.04.

Brookfield Wealth Solutions (NYSE:BNT) last issued its earnings results on Thursday, May 14th. The company reported $0.07 earnings per share (EPS) for the quarter. Brookfield Wealth Solutions had a return on equity of 0.10% and a net margin of 0.16%.The company had revenue of $1.66 billion during the quarter.

Brookfield Wealth Solutions Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.07 dividend. The ex-dividend date was Monday, June 15th. Brookfield Wealth Solutions’s dividend payout ratio (DPR) is presently 112.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Weiss Ratings cut Brookfield Wealth Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 18th. Wall Street Zen lowered Brookfield Wealth Solutions from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

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.