OMERS ADMINISTRATION Corp Lowers Stock Holdings in Manulife Financial Corp $MFC

Posted by Brian Himes on Jul 26th, 2026

OMERS ADMINISTRATION Corp trimmed its holdings in shares of Manulife Financial Corp (NYSE:MFC – Free Report) (TSE:MFC) by 74.5% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 637,706 shares of the financial services provider’s stock after selling 1,862,300 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Manulife Financial were worth $21,897,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. UBS Group AG lifted its stake in Manulife Financial by 10.0% during the 4th quarter. UBS Group AG now owns 4,016,230 shares of the financial services provider’s stock valued at $145,709,000 after acquiring an additional 363,963 shares during the period. Generali Asset Management SPA SGR grew its stake in shares of Manulife Financial by 1,092.1% in the fourth quarter. Generali Asset Management SPA SGR now owns 51,632 shares of the financial services provider’s stock worth $1,873,000 after acquiring an additional 47,301 shares during the period. Swiss National Bank raised its holdings in shares of Manulife Financial by 25.7% during the first quarter. Swiss National Bank now owns 5,645,600 shares of the financial services provider’s stock valued at $194,191,000 after purchasing an additional 1,154,200 shares during the last quarter. Intact Investment Management Inc. raised its holdings in shares of Manulife Financial by 55.5% during the fourth quarter. Intact Investment Management Inc. now owns 2,351,965 shares of the financial services provider’s stock valued at $85,401,000 after purchasing an additional 839,820 shares during the last quarter. Finally, SEB Asset Management AB bought a new position in Manulife Financial during the first quarter valued at approximately $33,531,000. 52.56% of the stock is owned by institutional investors.

Manulife Financial Stock Up 1.4%

Shares of MFC opened at $43.64 on Friday. The business has a 50-day simple moving average of $40.33 and a two-hundred day simple moving average of $37.95. Manulife Financial Corp has a 52 week low of $29.70 and a 52 week high of $43.81. The stock has a market cap of $72.53 billion, a price-to-earnings ratio of 17.32 and a beta of 0.84.

Manulife Financial (NYSE:MFC – Get Free Report) (TSE:MFC) last posted its quarterly earnings data on Wednesday, May 13th. The financial services provider reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.02). The company had revenue of $8.89 billion for the quarter, compared to analysts’ expectations 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 in the previous year, the firm earned $0.99 earnings per share. On average, equities analysts anticipate that Manulife Financial Corp will post 3.03 earnings per share for the current fiscal year.

Manulife Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Friday, May 29th were issued a dividend of $0.485 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.94 annualized dividend and a yield of 4.4%. Manulife Financial’s payout ratio is currently 56.75%.

Analysts Set New Price Targets

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

Read Our Latest Research 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.