Danica Pension Livsforsikringsaktieselskab acquired a new stake in MetLife, Inc. (NYSE:MET – Free Report) during the second quarter, HoldingsChannel.com reports. The fund acquired 123,704 shares of the financial services provider’s stock, valued at approximately $10,467,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Danske Bank A S acquired a new position in shares of MetLife during the second quarter worth $31,695,000. Diversify Advisory Services LLC acquired a new stake in MetLife in the second quarter valued at $700,000. Gables Capital Management Inc. acquired a new stake in MetLife in the second quarter valued at $85,000. Wealthfront Advisers LLC purchased a new stake in MetLife during the 2nd quarter worth about $6,129,000. Finally, Foster & Motley Inc. purchased a new stake in MetLife during the 2nd quarter worth about $7,166,000. 94.99% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting MetLife
Here are the key news stories impacting MetLife this week:
- Positive Sentiment: DOWLING & PARTN raised its fiscal 2027 earnings estimate for MetLife to $10.85 per share from $10.75. The revision suggests improving analyst expectations for the insurer’s future profitability and is favorable for MET, although the new estimate remains above the broader current-year consensus of $9.70. MetLife FY2027 earnings estimate
- Neutral Sentiment: MetLife declared third-quarter 2026 dividends on several series of preferred stock, including Series A, Series D, Series E and Series F. The payments reinforce the company’s ongoing capital-return commitments, but they primarily affect preferred shareholders and are unlikely to materially change the valuation of MET common shares. MetLife preferred stock dividends
- Neutral Sentiment: MetLife published its 2025 sustainability report, highlighting research and insights related to its environmental, social and governance initiatives. The report may support the company’s long-term reputation with stakeholders, but it is not expected to have an immediate earnings impact. MetLife 2025 sustainability report
- Neutral Sentiment: Several headlines concern MetLife Stadium, including a new stadium CEO, rapid transitions between Jets and Giants games, and upcoming concerts. These stories relate to the sports and entertainment venue—not MetLife, Inc.’s insurance and financial-services operations—and should not materially affect MET stock. MetLife Stadium names new CEO
MetLife Stock Performance
MetLife (NYSE:MET – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The financial services provider reported $2.43 earnings per share for the quarter, topping analysts’ consensus estimates of $2.30 by $0.13. MetLife had a net margin of 4.57% and a return on equity of 23.39%. The firm had revenue of $13.52 billion during the quarter, compared to analysts’ expectations of $19.67 billion. During the same quarter in the prior year, the business earned $2.02 EPS. MetLife’s quarterly revenue was up 10.5% compared to the same quarter last year. As a group, equities analysts forecast that MetLife, Inc. will post 9.7 earnings per share for the current year.
MetLife announced that its board has approved a stock buyback plan on Wednesday, August 5th that authorizes the company to buyback $3.00 billion in shares. This buyback authorization authorizes the financial services provider to purchase up to 4.8% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its shares are undervalued.
MetLife Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Tuesday, August 4th will be paid a dividend of $0.5925 per share. The ex-dividend date is Tuesday, August 4th. This represents a $2.37 annualized dividend and a dividend yield of 2.4%. MetLife’s dividend payout ratio is 45.40%.
Wall Street Analysts Forecast Growth
MET has been the topic of a number of recent analyst reports. Atlantic Securities set a $103.00 price objective on MetLife in a report on Wednesday, July 15th. TD Cowen upped their price target on MetLife from $87.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Morgan Stanley increased their price target on shares of MetLife from $93.00 to $103.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Piper Sandler raised their price objective on shares of MetLife from $86.00 to $90.00 and gave the stock a “neutral” rating in a report on Wednesday, June 24th. Finally, Jefferies Financial Group boosted their price objective on shares of MetLife from $97.00 to $103.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $101.07.
Check Out Our Latest Stock Report on MET
MetLife Company Profile
MetLife, Inc is a global provider of insurance, annuities and employee benefit programs. Headquartered in New York City, the company offers a range of risk protection and retirement solutions to individuals, employers and institutional clients. Its core businesses include life insurance, group benefits, retirement products such as annuities, and supplemental health products including dental and disability coverage.
In addition to traditional life and group insurance, MetLife provides workplace benefits and voluntary products distributed through employer-sponsored programs.
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