TD Asset Management Inc Acquires 542,834 Shares of Manulife Financial Corp $MFC

Posted by on Jun 4th, 2026

TD Asset Management Inc lifted its holdings in Manulife Financial Corp (NYSE:MFC – Free Report) (TSE:MFC) by 1.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,181,297 shares of the financial services provider’s stock after buying an additional 542,834 shares during the quarter. Manulife Financial comprises 1.1% of TD Asset Management Inc’s portfolio, making the stock its 18th biggest holding. TD Asset Management Inc owned about 2.28% of Manulife Financial worth $1,388,259,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MFC. Canerector Inc. raised its holdings in shares of Manulife Financial by 4,445.8% in the third quarter. Canerector Inc. now owns 28,184,000 shares of the financial services provider’s stock valued at $877,932,000 after buying an additional 27,564,000 shares during the last quarter. Norges Bank bought a new position in shares of Manulife Financial in the fourth quarter valued at about $777,229,000. MUFG Securities EMEA plc raised its holdings in shares of Manulife Financial by 814.3% in the second quarter. MUFG Securities EMEA plc now owns 6,399,999 shares of the financial services provider’s stock valued at $204,544,000 after buying an additional 5,699,999 shares during the last quarter. Mackenzie Financial Corp raised its holdings in Manulife Financial by 25.6% during the 3rd quarter. Mackenzie Financial Corp now owns 27,822,300 shares of the financial services provider’s stock worth $866,649,000 after purchasing an additional 5,671,639 shares during the last quarter. Finally, Quadrature Capital Ltd raised its holdings in Manulife Financial by 13,155.3% during the 3rd quarter. Quadrature Capital Ltd now owns 4,229,500 shares of the financial services provider’s stock worth $131,743,000 after purchasing an additional 4,197,592 shares during the last quarter. 52.56% of the stock is owned by institutional investors.

Manulife Financial Trading Down 0.7%

Shares of NYSE:MFC opened at $38.18 on Thursday. The stock has a market capitalization of $63.71 billion, a P/E ratio of 15.15 and a beta of 0.84. Manulife Financial Corp has a 1-year low of $29.70 and a 1-year high of $40.40. The business has a 50-day moving average price of $37.62 and a two-hundred day moving average price of $36.52.

Manulife Financial (NYSE:MFC – Get Free Report) (TSE:MFC) last announced its quarterly earnings results on Wednesday, May 13th. The financial services provider reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.02). The company had revenue of $8.89 billion during the quarter, compared to the consensus estimate of $2.32 billion. Manulife Financial had a net margin of 10.19% and a return on equity of 16.58%. During the same period last year, the company earned $0.99 earnings per share. As a group, equities analysts predict that Manulife Financial Corp will post 3.2 EPS for the current year.

Manulife Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 29th will be paid a $0.485 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 5.1%. Manulife Financial’s dividend payout ratio is 56.75%.

Analyst Ratings Changes

Several brokerages have weighed in on MFC. TD Securities reissued a “buy” rating on shares of Manulife Financial in a report on Thursday, May 14th. Scotiabank reissued an “outperform” rating on shares of Manulife Financial in a report on Wednesday, April 29th. Royal Bank Of Canada reissued an “outperform” rating on shares of Manulife Financial in a report on Friday, February 13th. Finally, Weiss Ratings raised Manulife Financial from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $51.50.

Read Our Latest Report on Manulife Financial

Manulife Financial 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.

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Institutional Ownership by Quarter for Manulife Financial (NYSE:MFC)

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