Capital World Investors Sells 4,009,473 Shares of Manulife Financial Corp $MFC

Posted by Francis Steltz on Jun 10th, 2026

Capital World Investors cut its holdings in Manulife Financial Corp (NYSE:MFC – Free Report) (TSE:MFC) by 86.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 655,000 shares of the financial services provider’s stock after selling 4,009,473 shares during the period. Capital World Investors’ holdings in Manulife Financial were worth $23,784,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Hoge Financial Services LLC raised its position in shares of Manulife Financial by 0.9% in the 4th quarter. Hoge Financial Services LLC now owns 31,975 shares of the financial services provider’s stock worth $1,160,000 after acquiring an additional 272 shares in the last quarter. Kathmere Capital Management LLC raised its position in shares of Manulife Financial by 2.0% in the 4th quarter. Kathmere Capital Management LLC now owns 14,421 shares of the financial services provider’s stock worth $523,000 after acquiring an additional 277 shares in the last quarter. Americana Partners LLC raised its position in shares of Manulife Financial by 0.5% in the 4th 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 in the last quarter. Bridges Investment Management Inc. raised its position 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 worth $582,000 after acquiring an additional 321 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Manulife Financial by 1.2% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 27,206 shares of the financial services provider’s stock worth $987,000 after acquiring an additional 329 shares in the last quarter. 52.56% of the stock is owned by institutional investors.

Manulife Financial Price Performance

Shares of Manulife Financial stock opened at $38.83 on Wednesday. Manulife Financial Corp has a one year low of $29.70 and a one year high of $40.40. The firm has a market capitalization of $64.80 billion, a price-to-earnings ratio of 15.41 and a beta of 0.84. The business has a 50-day simple moving average of $37.98 and a 200 day simple moving average of $36.66.

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 EPS for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $2.32 billion. During the same period in the previous year, the firm earned $0.99 earnings per share. On average, sell-side analysts expect that Manulife Financial Corp will post 3.2 EPS for the current year.

Manulife Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 29th will be given a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Friday, May 29th. Manulife Financial’s payout ratio is presently 56.75%.

Analyst Ratings Changes

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

Read Our Latest Research Report on Manulife Financial

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.