MetLife
About: MetLife is one of the largest life insurers in the us by assets and provides a variety of insurance and financial-services products. It is organized into five segments: us, Asia, Latin America, Europe/Middle East/Africa, and MetLife Holdings. The us business contributes around 50% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 22% of earnings and is mainly composed of the Japan business, with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile, with the Latin America segment contributing around 13% of earnings. The EMEA and MetLife Holdings segments contribute around 4% and 11% of earnings, respectively.
Employees: 45,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
56% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 14 (+5) [Q3]
37% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 84
10% more capital invested
Capital invested by funds: $38.6B [Q2] → $42.6B (+$4.04B) [Q3]
1% more funds holding
Funds holding: 1,274 [Q2] → 1,286 (+12) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 462 | Existing positions reduced: 490
3.5% less ownership
Funds ownership: 77.34% [Q2] → 73.84% (-3.5%) [Q3]
41% less call options, than puts
Call options by funds: $846M | Put options by funds: $1.43B
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Wells Fargo Elyse Greenspan 67% 1-year accuracy 70 / 105 met price target | 6%upside $92 | Overweight Maintained | 14 Jan 2025 |
JP Morgan Jimmy Bhullar 51% 1-year accuracy 19 / 37 met price target | 1%upside $88 | Overweight Maintained | 7 Jan 2025 |
Barclays Alex Scott 56% 1-year accuracy 38 / 68 met price target | 11%upside $96 | Overweight Maintained | 6 Jan 2025 |
TD Cowen Daniel Bergman 50% 1-year accuracy 2 / 4 met price target | 14%upside $99 | Buy Maintained | 27 Nov 2024 |
Financial journalist opinion
Based on 11 articles about MET published over the past 30 days