Dimensional Fund Advisors LP Trims Stock Position in Manulife Financial Corp $MFC

Posted by Brian Himes on Jul 23rd, 2026

Dimensional Fund Advisors LP cut its position in Manulife Financial Corp (NYSE:MFC – Free Report) (TSE:MFC) by 1.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,257,487 shares of the financial services provider’s stock after selling 101,706 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Manulife Financial were worth $284,352,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Hoge Financial Services LLC lifted its stake in Manulife Financial by 0.9% in the fourth quarter. Hoge Financial Services LLC now owns 31,975 shares of the financial services provider’s stock valued at $1,160,000 after buying an additional 272 shares during the last quarter. Kathmere Capital Management LLC boosted its holdings in shares of Manulife Financial by 2.0% in the fourth quarter. Kathmere Capital Management LLC now owns 14,421 shares of the financial services provider’s stock valued at $523,000 after acquiring an additional 277 shares during the period. Americana Partners LLC grew its position in shares of Manulife Financial by 0.5% during the fourth quarter. Americana Partners LLC now owns 59,081 shares of the financial services provider’s stock worth $2,143,000 after acquiring an additional 295 shares during the last quarter. Midwest Professional Planners LTD. increased its holdings in shares of Manulife Financial by 1.1% in the 1st quarter. Midwest Professional Planners LTD. now owns 27,702 shares of the financial services provider’s stock valued at $954,000 after acquiring an additional 305 shares during the period. Finally, Bridges Investment Management Inc. increased its holdings in shares of Manulife Financial by 2.0% in the 4th quarter. Bridges Investment Management Inc. now owns 16,037 shares of the financial services provider’s stock valued at $582,000 after acquiring an additional 321 shares during the period. Hedge funds and other institutional investors own 52.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on MFC shares. TD Securities reissued a “buy” rating on shares of Manulife Financial in a research report on Thursday, May 14th. Zacks Research cut shares of Manulife Financial from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 15th. Scotiabank reiterated an “outperform” rating on shares of Manulife Financial in a research note on Wednesday, July 15th. Finally, Weiss Ratings lowered Manulife Financial from a “buy (a-)” rating to a “buy (b+)” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.50.

Read Our Latest Stock Analysis on MFC

Manulife Financial Stock Performance

MFC stock opened at $43.10 on Thursday. Manulife Financial Corp has a one year low of $29.70 and a one year high of $43.56. The stock has a market capitalization of $71.63 billion, a PE ratio of 17.10 and a beta of 0.84. The company has a fifty day moving average of $40.10 and a 200-day moving average of $37.86.

Manulife Financial (NYSE:MFC – Get Free Report) (TSE:MFC) last issued its earnings results on Wednesday, May 13th. The financial services provider reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.02). Manulife Financial had a net margin of 10.19% and a return on equity of 16.58%. The firm had revenue of $8.89 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same period in the previous year, the firm earned $0.99 EPS. Equities analysts forecast that Manulife Financial Corp will post 3.03 earnings per share for the current fiscal year.

Manulife Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Friday, May 29th were issued a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Friday, May 29th. Manulife Financial’s payout ratio is currently 56.75%.

Manulife Financial Company Profile

(Free Report)

Manulife Financial Corporation is a multinational insurance and financial services company headquartered in Toronto, Ontario. Founded in the late 19th century as The Manufacturers Life Insurance Company, Manulife provides a broad range of financial products and services to individual and institutional clients. Its core businesses include life and health insurance, retirement and pension solutions, wealth and asset management, and group benefits.

In wealth and asset management, Manulife operates through Manulife Investment Management and offers mutual funds, segregated funds, institutional asset management, and retirement plan solutions.