Kingsview Wealth Management LLC Invests $1.96 Million in Manulife Financial Corp $MFC

Posted by Brenda Bartman on Aug 30th, 2026

Kingsview Wealth Management LLC acquired a new stake in Manulife Financial Corp (NYSE:MFC – Free Report) (TSE:MFC) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 48,354 shares of the financial services provider’s stock, valued at approximately $1,959,000.

A number of other large investors have also made changes to their positions in MFC. Basepoint Wealth LLC acquired a new position in Manulife Financial in the 4th quarter valued at about $25,000. Addison Advisors LLC purchased a new position in Manulife Financial in the 2nd quarter valued at about $25,000. First Bancorp Inc ME acquired a new stake in shares of Manulife Financial during the 2nd quarter worth about $26,000. Hantz Financial Services Inc. acquired a new stake in shares of Manulife Financial during the 4th quarter worth about $28,000. Finally, Canerector Inc. grew its holdings in shares of Manulife Financial by 27.0% during the first quarter. Canerector Inc. now owns 800,000 shares of the financial services provider’s stock worth $28,000 after buying an additional 170,000 shares in the last quarter. Institutional investors and hedge funds own 52.56% of the company’s stock.

Manulife Financial Stock Performance

MFC opened at $42.82 on Friday. Manulife Financial Corp has a 1 year low of $30.20 and a 1 year high of $45.33. The company’s 50 day simple moving average is $42.72 and its 200 day simple moving average is $39.08. The stock has a market capitalization of $71.16 billion, a PE ratio of 15.98 and a beta of 0.84.

Manulife Financial (NYSE:MFC – Get Free Report) (TSE:MFC) last announced its quarterly earnings results on Wednesday, August 5th. The financial services provider reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.01. Manulife Financial had a net margin of 9.99% and a return on equity of 16.68%. The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $7.28 billion. During the same quarter last year, the business earned $0.95 EPS. Manulife Financial’s revenue for the quarter was up 7.3% on a year-over-year basis. As a group, sell-side analysts expect that Manulife Financial Corp will post 3.03 earnings per share for the current fiscal year.

Manulife Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 21st. Investors of record on Friday, August 21st will be given a $0.485 dividend. This represents a $1.94 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, August 21st. Manulife Financial’s dividend payout ratio (DPR) is 51.49%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on MFC. Scotiabank reissued an “outperform” rating on shares of Manulife Financial in a research report on Friday, August 7th. Royal Bank Of Canada raised their target price on shares of Manulife Financial from $55.00 to $67.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Weiss Ratings upgraded Manulife Financial from a “buy (a-)” rating to a “buy (a)” rating in a report on Wednesday, August 19th. Zacks Research cut Manulife Financial from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 15th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Manulife Financial in a research report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $59.00.

View Our Latest Stock Analysis on MFC

About Manulife Financial

(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.