MetLife (MET)

• Market cap: $54.1B
• 1 day: -4.37%
• 5 days: -4.81%
• 1 month: -7.84%
• 3 months: -2.56%
• 6 months: -3.71%
• Year to date: -2.89%
• 1 year: 7.17%
• 5 years: 147.96%
• 10 years: 55.94%
• Sector: Financials
• Industry: Life Insurance

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 Q4 regulatory filings by fund managers ($100M+ AUM)

132% more first-time investments, than exits

New positions opened: 176 | Existing positions closed: 76

5% more funds holding

Funds holding: 1,294 [Q3] → 1,365 (+71) [Q4]

3% less capital invested

Capital invested by funds: $42.6B [Q3] → $41.2B (-$1.4B) [Q4]

4% less repeat investments, than reductions

Existing positions increased: 482 | Existing positions reduced: 501

1.53% less ownership

Funds ownership: 73.72% [Q3] → 72.19% (-1.53%) [Q4]

14% less funds holding in top 10

Funds holding in top 10: 14 [Q3] → 12 (-2) [Q4]

39% less call options, than puts

Call options by funds: $683M | Put options by funds: $1.12B

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $88 11% upside
• Avg. target: $97 23% upside
• High target: $109 37% upside

6 analyst ratings

• positive: 5 83%
• neutral: 1 17%
• negative: 0 0%

Morgan Stanley Nigel Dally 70% 1-year accuracy 7 / 10 met price target	37% upside $109	Overweight Maintained	28 Feb 2025
Wells Fargo Elyse Greenspan 66% 1-year accuracy 79 / 119 met price target	22% upside $97	Overweight Maintained	19 Feb 2025
Keefe, Bruyette & Woods Ryan Krueger 81% 1-year accuracy 17 / 21 met price target	23% upside $98	Outperform Maintained	12 Feb 2025
Barclays Alex Scott 58% 1-year accuracy 43 / 74 met price target	20% upside $95	Overweight Maintained	7 Feb 2025
BMO Capital Jack Matten 100% 1-year accuracy 6 / 6 met price target	22% upside $97	Market Perform Initiated	23 Jan 2025