Capital World Investors Reduces Position in Sun Life Financial Inc. $SLF

Posted by Geri Gentry on Jun 11th, 2026

Capital World Investors lowered its position in Sun Life Financial Inc. (NYSE:SLF – Free Report) (TSE:SLF) by 66.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,600 shares of the financial services provider’s stock after selling 22,933 shares during the quarter. Capital World Investors’ holdings in Sun Life Financial were worth $724,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Cornerstone Planning Group LLC grew its holdings in shares of Sun Life Financial by 68.4% in the fourth quarter. Cornerstone Planning Group LLC now owns 411 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 167 shares during the period. Sittner & Nelson LLC purchased a new stake in shares of Sun Life Financial in the fourth quarter valued at about $33,000. Smartleaf Asset Management LLC grew its holdings in shares of Sun Life Financial by 184.1% in the third quarter. Smartleaf Asset Management LLC now owns 588 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 381 shares during the period. LOM Asset Management Ltd purchased a new stake in shares of Sun Life Financial in the fourth quarter valued at about $53,000. Finally, Triumph Capital Management purchased a new stake in shares of Sun Life Financial in the third quarter valued at about $64,000. Hedge funds and other institutional investors own 52.26% of the company’s stock.

Sun Life Financial Price Performance

NYSE SLF opened at $74.90 on Thursday. The firm’s 50-day moving average is $70.17 and its two-hundred day moving average is $65.40. Sun Life Financial Inc. has a 12 month low of $56.22 and a 12 month high of $75.04. The stock has a market capitalization of $41.50 billion, a P/E ratio of 19.30 and a beta of 0.89.

Sun Life Financial (NYSE:SLF – Get Free Report) (TSE:SLF) last posted its earnings results on Wednesday, May 6th. The financial services provider reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.03. Sun Life Financial had a net margin of 7.85% and a return on equity of 17.80%. The company had revenue of $6.41 billion for the quarter, compared to analysts’ expectations of $925.99 million. During the same quarter in the prior year, the company posted $1.82 earnings per share. As a group, analysts anticipate that Sun Life Financial Inc. will post 5.71 EPS for the current year.

Sun Life Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Wednesday, May 27th will be given a $0.96 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. This is an increase from Sun Life Financial’s previous quarterly dividend of $0.92. This represents a $3.84 dividend on an annualized basis and a yield of 5.1%. Sun Life Financial’s dividend payout ratio is currently 72.68%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Scotiabank reissued a “sector perform” rating on shares of Sun Life Financial in a report on Wednesday, April 29th. TD Securities reissued a “buy” rating on shares of Sun Life Financial in a report on Thursday, May 7th. BMO Capital Markets reissued an “outperform” rating on shares of Sun Life Financial in a report on Friday, May 8th. Argus set a $81.00 price objective on shares of Sun Life Financial in a report on Wednesday. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Sun Life Financial in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Sun Life Financial has an average rating of “Moderate Buy” and a consensus price target of $84.67.

Get Our Latest Analysis on Sun Life Financial

Sun Life Financial Company Profile

(Free Report)

Sun Life Financial Inc, founded in 1865 and headquartered in Toronto, Ontario, is an international financial services organization that provides a range of insurance, wealth management and asset management solutions. The company serves individual and institutional clients, offering products designed to protect against life and health risks, help clients save for retirement, and manage investments on behalf of customers and third parties.

Core business activities include life and health insurance, group benefits for employers, retirement and pension products, and wealth management services such as mutual funds and segregated fund solutions.