Why These 15 Insurance Stocks Are Skyrocketing So Far In 2025

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4. Brighthouse Financial Inc (NASDAQ:BHF)

Number of Hedge Fund Holders In Q4 2024: 25

Brighthouse Financial Inc (NASDAQ:BHF) provides life insurance and annuity products.

The stock is up significantly so far in 2025 as there are reports from the Financial Times that the company is exploring a potential sale. It was revealed that Brighthouse is working with advisors from Goldman Sachs and Wells Fargo to evaluate offers, with a preference for an outright buyer rather than raising minority equity.

Moreover, Brighthouse reported robust financial results for Q4 2024. Net income came in at $646 million compared to a net loss of $942 million in Q4 2023. Adjusted earnings also exceeded analyst expectations and came in at $352 million.

The company ended up achieving record life insurance sales of $120 million and strong annuity sales of $10 billion for 2024. It also reduced outstanding shares significantly last year through buybacks and an additional $25 million was repurchased early this year.

The consensus price target of $63.14 implies 6.21% upside.

BHF is up 23.75% year-to-date.

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