In the recent news, MetLife (NYSE:MET) has been under the spotlight for different reasons. Despite a 13% slump within a week due to board member David Herzog's resignation, the company still impresses with a robust ROE of 16%. The company's push for digital innovation seems to be producing positive results as their digital platform is set to transform a 50-million-member dental network. They have also partnered with SKYGEN to streamline the dental provider experience. However, shifts in asset management have seen institutions like Pictet Asset Management Holding SA, California Public Employees Retirement System, and Alliancebernstein L.P reduce their holdings in MetLife. Yet, companies like Groupama Asset Management, Edmond DE Rothschild Holding S.A, and Mitsubishi UFJ Asset Management Co. Ltd are increasing their stock positions, demonstrating a broad market opinion. Acknowledging MetLife's strides, Fortune ranked MET in their 2025 list of 100 Best Companies to Work for. As far as other achievements go, MetLife earned the coveted CIO 100 award thanks to its digital innovation. Importantly, MetLife announced to acquire PineBridge Investments and the formation of Chariot Re with General Atlantic. Lastly, their involvement in different financial proceedings like earning forecasts and dividend declarations demonstrate their continuous growth.
Metlife MET News Analytics from Thu, 19 Sep 2024 07:00:00 GMT to Sat, 05 Apr 2025 18:34:36 GMT -
Rating 4
- Innovation 6
- Information 8
- Rumor -1
