Dimensional Fund Advisors LP boosted its holdings in BCE, Inc. (NYSE:BCE – Free Report) (TSE:BCE) by 118.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 879,778 shares of the utilities provider’s stock after buying an additional 477,307 shares during the period. Dimensional Fund Advisors LP’s holdings in BCE were worth $22,206,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of BCE. Caitong International Asset Management Co. Ltd raised its stake in BCE by 735.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,161 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 1,022 shares in the last quarter. Employees Retirement System of Texas bought a new stake in BCE during the fourth quarter valued at approximately $28,000. Smartleaf Asset Management LLC grew its stake in BCE by 1,642.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,411 shares of the utilities provider’s stock worth $33,000 after buying an additional 1,330 shares in the last quarter. Ascentis Independent Advisors purchased a new position in BCE in the 1st quarter worth approximately $33,000. Finally, Colonial Trust Co SC bought a new position in shares of BCE in the 4th quarter worth $60,000. Institutional investors own 41.46% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. Raymond James Financial initiated coverage on BCE in a research report on Wednesday, July 15th. They set a “market perform” rating on the stock. TD Securities upgraded BCE from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of BCE in a research report on Friday, July 10th. Barclays decreased their price objective on BCE from $26.00 to $25.00 and set an “equal weight” rating on the stock in a report on Thursday, July 16th. Finally, Zacks Research downgraded BCE from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, BCE currently has a consensus rating of “Hold” and an average price target of $30.00.
Key BCE News
Here are the key news stories impacting BCE this week:
- Positive Sentiment: Q2 earnings beat expectations. BCE reported adjusted earnings of $0.47 per share, up from $0.46 a year earlier and ahead of the $0.46 analyst consensus. BCE Q2 Earnings and Revenues Top Estimates
- Positive Sentiment: Revenue also topped Wall Street estimates. Bell Media benefited from increased advertising and broadcast activity associated with the FIFA World Cup, providing support for BCE’s media operations. FIFA World Cup Helps Lift Bell Media Revenues
- Positive Sentiment: The dividend remains a major attraction. BCE declared a quarterly dividend of $0.4375 per share, or $1.75 annualized, representing an indicated yield of approximately 7.7%. Investors of record on September 15 will be paid on October 15.
- Neutral Sentiment: Revenue guidance broadly aligns with expectations. BCE forecast fiscal 2026 revenue of $17.9 billion to $18.6 billion, a range that contains the $18.2 billion analyst consensus. BCE Reports Second Quarter 2026 Results
- Negative Sentiment: Profit declined year over year. Despite the EPS beat, BCE’s overall second-quarter profit fell, highlighting continued pressure on the business and limiting the positive impact of the earnings surprise.
- Negative Sentiment: Full-year EPS guidance is slightly cautious. BCE provided a 2026 EPS range of $1.798 to $1.919, below the $1.900 consensus at the low end and around 2% below consensus at the midpoint. BCE Q2 Earnings Key Metrics
BCE Stock Performance
Shares of NYSE:BCE opened at $22.75 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.71 and a debt-to-equity ratio of 1.84. The company has a 50-day moving average price of $22.61 and a 200-day moving average price of $24.15. The company has a market cap of $21.22 billion, a price-to-earnings ratio of 4.62 and a beta of 0.51. BCE, Inc. has a 12 month low of $20.87 and a 12 month high of $26.52.
BCE (NYSE:BCE – Get Free Report) (TSE:BCE) last announced its earnings results on Thursday, August 6th. The utilities provider reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01. BCE had a return on equity of 13.87% and a net margin of 25.66%.BCE has set its FY 2026 guidance at 1.798-1.919 EPS. As a group, equities analysts anticipate that BCE, Inc. will post 1.85 EPS for the current year.
BCE Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.4375 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.75 annualized dividend and a yield of 7.7%. BCE’s payout ratio is presently 25.81%.
BCE Company Profile
BCE Inc (NYSE: BCE) is a Canadian communications, media and entertainment company that operates through its primary subsidiaries, including Bell Canada and Bell Media. As a large integrated telecommunications provider, BCE delivers a broad range of connectivity services and content to residential, business and wholesale customers across Canada. The company combines network infrastructure with media assets to offer bundled communications and entertainment solutions.
On the services side, BCE provides fixed-line and wireless voice services, mobile data, high-speed internet, fibre and broadband access, and television services through platforms such as Bell Fibe and Bell TV.
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