BCE Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of BCE.PRN?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	459,885	0.0504%
State or Government	522,297	0.0573%
Institutions	370,631,043	40.6%
General Public	540,669,878	59.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 30.2% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
3.74%	BMO Asset Management Corp.	34,113,580	CA$1.1b	-9.1%	0.3%
2.63%	Fidelity International Ltd	23,970,309	CA$782.6m	15.3%	0.23%
2.33%	Canadian Imperial Bank of Commerce, Asset Management Arm	21,299,816	CA$695.4m	-7.03%	1.03%
2.07%	National Bank Investments Inc.	18,873,961	CA$616.2m	4.8%	0.55%
2.05%	RBC Global Asset Management Inc.	18,668,811	CA$609.5m	-2.02%	0.26%
1.83%	Caisse de dépôt et placement du Québec	16,737,289	CA$546.5m	0%	0.37%
1.79%	The Bank of Nova Scotia, Banking Investments	16,313,410	CA$532.6m	4.18%	0.73%
1.7%	The Vanguard Group, Inc.	15,466,993	CA$505.0m	2.6%	0.01%
1.69%	RBC Dominion Securities Inc., Asset Management Arm	15,411,309	CA$503.2m	-4.55%	0.39%
1.57%	Royal Bank of Canada, Banking & Securities Investments	14,354,954	CA$468.7m	11.9%	0.16%
1.18%	TD Asset Management, Inc.	10,756,094	CA$351.2m	-0.86%	0.18%
0.91%	Scotiabank Global Banking and Markets, Asset Management Division	8,321,718	CA$271.7m	-2.44%	1.02%
0.72%	Toronto-Dominion Bank, Banking Investments	6,579,153	CA$214.8m	-22.9%	0.23%
0.64%	Charles Schwab Investment Management, Inc.	5,860,184	CA$191.3m	-0.15%	0.02%
0.62%	Fédération des Caisses Desjardins du Québec, Asset Management Arm	5,653,458	CA$184.6m	-28.6%	0.72%
0.62%	Cullen Capital Management, LLC	5,639,032	CA$184.1m	15.5%	1.28%
0.6%	CIBC Asset Management Inc.	5,475,741	CA$178.8m	-0.8%	0.25%
0.59%	1832 Asset Management L.P.	5,427,713	CA$177.2m	16.4%	0.16%
0.53%	Morgan Stanley, Investment Banking and Brokerage Investments	4,869,795	CA$159.0m	76%	0.01%
0.45%	Manulife Asset Management	4,149,501	CA$135.5m	-18.1%	0.07%
0.41%	Managed Account Advisors LLC	3,736,944	CA$122.0m	0.13%	0.02%
0.39%	Letko, Brosseau & Associates Inc.	3,587,487	CA$117.1m	2.07%	1.43%
0.39%	Connor, Clark & Lunn Investment Management Ltd.	3,563,534	CA$116.4m	48.7%	0.37%
0.38%	Federated Hermes, Inc.	3,464,199	CA$113.1m	-2.81%	0.19%
0.35%	First Trust Advisors LP	3,187,478	CA$104.1m	2.87%	0.06%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/29 07:51
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

BCE Inc. is covered by 40 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mark Rosen	Accountability Research Corporation
Amman Saeed	Accountability Research Corporation
null null	Argus Research Company