Diamond Hill Capital Management LLC Investment Advisor Takes Position in MetLife, Inc. $MET

Posted by on Aug 17th, 2026

Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in shares of MetLife, Inc. (NYSE:MET – Free Report) during the second quarter, HoldingsChannel reports. The fund acquired 1,118,126 shares of the financial services provider’s stock, valued at approximately $94,605,000.

Several other hedge funds and other institutional investors have also bought and sold shares of MET. Activest Wealth Management grew its position in MetLife by 205.8% during the fourth quarter. Activest Wealth Management now owns 315 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 212 shares during the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in shares of MetLife in the 4th quarter worth approximately $30,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of MetLife in the 4th quarter worth approximately $31,000. Prosperity Bancshares Inc purchased a new stake in shares of MetLife in the 4th quarter valued at $31,000. Finally, JPL Wealth Management LLC bought a new position in shares of MetLife during the 3rd quarter valued at $33,000. Hedge funds and other institutional investors own 94.99% of the company’s stock.

MetLife Stock Performance

Shares of MetLife stock opened at $97.57 on Monday. MetLife, Inc. has a 12 month low of $67.33 and a 12 month high of $100.93. The firm has a market capitalization of $62.78 billion, a P/E ratio of 18.69, a P/E/G ratio of 0.75 and a beta of 0.78. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.52. The business has a fifty day simple moving average of $91.52 and a two-hundred day simple moving average of $81.58.

MetLife (NYSE:MET – Get Free Report) last announced its earnings results on Wednesday, August 5th. The financial services provider reported $2.43 earnings per share for the quarter, beating analysts’ consensus estimates of $2.30 by $0.13. MetLife had a net margin of 4.57% and a return on equity of 23.39%. The business had revenue of $13.52 billion during the quarter, compared to the consensus estimate of $19.67 billion. During the same quarter last year, the firm earned $2.02 earnings per share. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. On average, equities analysts forecast that MetLife, Inc. will post 9.7 earnings per share for the current fiscal year.

MetLife Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Tuesday, August 4th will be given a $0.5925 dividend. This represents a $2.37 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, August 4th. MetLife’s payout ratio is currently 45.40%.

MetLife announced that its board has authorized a share repurchase plan on Wednesday, August 5th that permits the company to buyback $3.00 billion in shares. This buyback authorization permits the financial services provider to purchase up to 4.8% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

MET has been the subject of a number of recent research reports. Keefe, Bruyette & Woods boosted their target price on MetLife from $105.00 to $108.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Barclays lifted their price target on MetLife from $94.00 to $97.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Wells Fargo & Company raised their target price on shares of MetLife from $95.00 to $101.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. upped their price target on shares of MetLife from $106.00 to $108.00 and gave the company an “overweight” rating in a report on Tuesday, August 11th. Finally, Piper Sandler increased their price target on shares of MetLife from $86.00 to $90.00 and gave the company a “neutral” rating in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $101.07.

Check Out Our Latest Report on MetLife

MetLife Profile

(Free Report)

MetLife, Inc is a global provider of insurance, annuities and employee benefit programs. Headquartered in New York City, the company offers a range of risk protection and retirement solutions to individuals, employers and institutional clients. Its core businesses include life insurance, group benefits, retirement products such as annuities, and supplemental health products including dental and disability coverage.

In addition to traditional life and group insurance, MetLife provides workplace benefits and voluntary products distributed through employer-sponsored programs.

Featured Stories

Want to see what other hedge funds are holding MET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MetLife, Inc. (NYSE:MET – Free Report).

Institutional Ownership by Quarter for MetLife (NYSE:MET)

Receive News & Ratings for MetLife Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MetLife and related companies with MarketBeat.com's FREE daily email newsletter.