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BHF

Brighthouse Financial, Inc.

At today's price, Brighthouse Financial, Inc. (BHF) is priced for 9.7% return on equity. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
9.7% return on equity
Priced In
within-range

Key Takeaways

• Brighthouse Financial is no longer a standalone-valuation story: stockholders approved an all-cash acquisition by Aquarian Capital at $70.00 per share on February 12, 2026, with 99.7% of votes cast in favor, and the stock trades at $62.26 against that fixed price [Source: Brighthouse Financial merger vote disclosure, February 2026]. • The biggest risk is the deal not closing: the transaction still needs state insurance regulator approvals in Texas, Delaware, New York, and Massachusetts, and t

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Institutional ownership

450 institutional managers reported holding BHF in 13F filings for the quarter ended 2026-03-31. Together they hold about 93% of the company; the top 10 hold 54%. 56 opened new positions that quarter. Held by Vanguard Group, BlackRock, UBS, among others. On the short side, 5.3M shares were sold short as of the 2026-06-15 count, about 9% of shares outstanding (10.8 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

BHF has cut its share count 33% over the past five years, spending $1.40B on repurchases. It pays no dividend. Cash returned over the past three years: $476.00M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at BHF over the trailing three years: 2024: 1 buy totaling $108k. 14 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

BHF's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-10-6.2%-3.9%
2023-11-09-2.8%+12.3%
2024-02-23-11.5%+1.8%
2024-05-09-9.8%+2.2%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

BHF's latest 8-K filings: 2026-06-03 (items 5.07, 9.01); 2026-05-06 (items 2.02, 9.01); 2026-02-23 (items 2.02, 9.01); 2026-02-12 (items 5.07, 7.01, 9.01); 2025-11-07 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.