Brookfield Wealth Solutions Ltd. $BNT Shares Purchased by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. raised its stake in Brookfield Wealth Solutions Ltd. (NYSE:BNT) by 64.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 87,398 shares of the company’s stock after acquiring an additional 34,200 shares during the quarter. Schwartz Investment Counsel Inc.’s holdings in Brookfield Wealth Solutions were worth $4,016,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tandem Capital Management Corp ADV lifted its holdings in Brookfield Wealth Solutions by 44.3% in the 4th quarter. Tandem Capital Management Corp ADV now owns 154,562 shares of the company’s stock valued at $7,102,000 after purchasing an additional 47,484 shares in the last quarter. Montrusco Bolton Investments Inc. grew its holdings in Brookfield Wealth Solutions by 74.8% in the fourth quarter. Montrusco Bolton Investments Inc. now owns 234,974 shares of the company’s stock valued at $10,832,000 after purchasing an additional 100,537 shares during the period. Triasima Portfolio Management inc. increased its position in Brookfield Wealth Solutions by 52.5% during the fourth quarter. Triasima Portfolio Management inc. now owns 38,329 shares of the company’s stock worth $1,767,000 after purchasing an additional 13,187 shares during the last quarter. Pictet Asset Management Holding SA increased its position in Brookfield Wealth Solutions by 41.3% during the fourth quarter. Pictet Asset Management Holding SA now owns 4,614 shares of the company’s stock worth $213,000 after purchasing an additional 1,348 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Brookfield Wealth Solutions by 50.0% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,918 shares of the company’s stock worth $502,000 after purchasing an additional 3,639 shares during the period. 20.31% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on BNT shares. Weiss Ratings lowered shares of Brookfield Wealth Solutions from a “buy (b)” rating to a “hold (c+)” rating in a report on Friday, April 10th. Wall Street Zen cut Brookfield Wealth Solutions from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Brookfield Wealth Solutions presently has a consensus rating of “Hold”.

Brookfield Wealth Solutions Stock Performance

BNT opened at $45.96 on Wednesday. The business’s 50 day moving average is $43.56 and its 200-day moving average is $45.33. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.27. The stock has a market cap of $15.54 billion, a PE ratio of 191.51 and a beta of 1.51. Brookfield Wealth Solutions Ltd. has a twelve month low of $37.71 and a twelve month high of $49.86.

Brookfield Wealth Solutions (NYSE:BNT) last announced its earnings results on Thursday, February 12th. The company reported $0.06 EPS for the quarter. The company had revenue of $3.05 billion during the quarter. Brookfield Wealth Solutions had a net margin of 0.14% and a return on equity of 0.10%.

Brookfield Wealth Solutions Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were paid a $0.07 dividend. The ex-dividend date was Tuesday, March 17th. This is a boost from Brookfield Wealth Solutions’s previous dividend of $0.06. Brookfield Wealth Solutions’s dividend payout ratio (DPR) is 116.67%.

Brookfield Wealth Solutions Company Profile

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.