Sun Life Financial (TSE:SLF) Insider Jacques Jr. Goulet Sells 35,000 Shares

Posted by Francis Steltz on May 16th, 2026

Sun Life Financial Inc. (TSE:SLF – Get Free Report) (NYSE:SLF) insider Jacques Jr. Goulet sold 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of C$97.80, for a total value of C$3,423,000.00. Following the transaction, the insider directly owned 1,054 shares of the company’s stock, valued at approximately C$103,081.20. This trade represents a 97.08% decrease in their position.

Jacques Jr. Goulet also recently made the following trade(s):

On Monday, May 11th, Jacques Jr. Goulet sold 11,740 shares of Sun Life Financial stock. The shares were sold at an average price of C$97.09, for a total value of C$1,139,836.60.

Sun Life Financial Stock Performance

Shares of Sun Life Financial stock opened at C$99.03 on Friday. The company has a 50-day simple moving average of C$91.57 and a two-hundred day simple moving average of C$87.86. The stock has a market capitalization of C$54.87 billion, a PE ratio of 18.44, a price-to-earnings-growth ratio of 1.33 and a beta of 0.73. Sun Life Financial Inc. has a 52-week low of C$77.38 and a 52-week high of C$101.15.

Sun Life Financial (TSE:SLF – Get Free Report) (NYSE:SLF) last issued its earnings results on Wednesday, May 6th. The financial services provider reported C$1.89 earnings per share (EPS) for the quarter. The firm had revenue of C$8.73 billion for the quarter. Sun Life Financial had a net margin of 9.12% and a return on equity of 12.98%. As a group, equities research analysts forecast that Sun Life Financial Inc. will post 6.9230769 EPS for the current fiscal year.

Sun Life Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th will be paid a $0.96 dividend. This is a boost from Sun Life Financial’s previous quarterly dividend of $0.92. This represents a $3.84 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Wednesday, May 27th. Sun Life Financial’s payout ratio is currently 67.04%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on SLF shares. Desjardins set a C$101.00 target price on shares of Sun Life Financial and gave the stock a “buy” rating in a research note on Friday, April 17th. BMO Capital Markets upped their target price on shares of Sun Life Financial from C$99.00 to C$105.00 in a research note on Friday, May 8th. TD upped their target price on shares of Sun Life Financial from C$102.00 to C$107.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Royal Bank Of Canada upped their target price on shares of Sun Life Financial from C$83.00 to C$95.00 and gave the stock a “sector perform” rating in a research note on Friday, February 13th. Finally, Scotiabank upped their target price on shares of Sun Life Financial from C$93.00 to C$96.00 and gave the stock a “sector perform” rating in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$101.60.

Get Our Latest Stock Analysis on SLF

Sun Life Financial Company Profile

(Get Free Report)

Sun Life Financial is one of Canada’s Big Three life insurance companies along with Great-West Lifeco and Manulife. Sun Life provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. It also owns MFS Investment Management, a Boston-based asset-management firm. Sun Life generates about a third of its profit from asset-management operations.