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Brighthouse Financial Shareholders Approve Aquarian Capital Acquisition

Story Highlights
  • Brighthouse stockholders approved a $4.1 billion cash acquisition by Aquarian Capital, valuing shares at $70 each.
  • The 2026 deal, backed by strong shareholder support, advances Brighthouse’s shift to private ownership pending regulatory approvals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brighthouse Financial Shareholders Approve Aquarian Capital Acquisition

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Brighthouse Financial ( (BHF) ) has shared an update.

On February 12, 2026, Brighthouse Financial stockholders held a virtual special meeting at which they approved a merger agreement under which an affiliate of Aquarian Capital LLC will acquire the insurer in an all-cash transaction valued at about $4.1 billion. Common stockholders will receive $70.00 in cash per share once the deal closes, with approximately 69.7% of outstanding shares represented at the meeting, and about 99.7% of votes cast in favor of the merger proposal.

Shareholders also passed an advisory proposal approving merger-related compensation for named executive officers and authorized potential adjournment of the meeting, though adjournment ultimately was not needed because sufficient votes were secured. The company said the transaction, which is expected to close in 2026 subject to customary conditions and regulatory approvals, marks a key step in its strategic transition under private ownership, with implications for investors who will be cashed out and for Aquarian Capital’s growing footprint in the U.S. life and annuity market.

The most recent analyst rating on (BHF) stock is a Hold with a $69.00 price target. To see the full list of analyst forecasts on Brighthouse Financial stock, see the BHF Stock Forecast page.

Spark’s Take on BHF Stock

According to Spark, TipRanks’ AI Analyst, BHF is a Outperform.

Brighthouse Financial’s overall score is driven by strong valuation and positive corporate events, notably the strategic merger with Aquarian Holdings. Technical indicators show bullish momentum, although caution is advised due to the nearing overbought RSI. Financial performance is stable but faces challenges with revenue growth.

To see Spark’s full report on BHF stock, click here.

More about Brighthouse Financial

Brighthouse Financial, Inc. is one of the largest providers of annuities and life insurance in the U.S., specializing in products designed to help people protect their savings and ensure they last through retirement. Listed on Nasdaq under the ticker BHF and based in Charlotte, N.C., the company focuses on helping individuals achieve long-term financial security through insurance and retirement income solutions.

Average Trading Volume: 848,067

Technical Sentiment Signal: Buy

Current Market Cap: $3.65B

For detailed information about BHF stock, go to TipRanks’ Stock Analysis page.

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