At the time of writing, shares are down 0.49% to $16.32.

The move adds to a volatile period for the insurer, with the stock now down roughly 15% in 2026, despite rebounding around 10% over the past month.

Here's what the company announced.

CEO taking temporary leave

In a statement to the ASX, Suncorp confirmed that Chief Executive Officer Steve Johnston will take a short period of leave as he recovers from a medical procedure.

The company said the leave is expected to be brief.

During this period, Chief Financial Officer Jeremy Robson will step into the role of acting CEO.

Neil Wesley, currently General Manager of strategy, corporate development and investor relations, will serve as acting CFO.

The update was released ahead of market open, with the board expressing its support for Johnston and wishing him a speedy recovery.

Management continuity in focus

The announcement points to a structured internal transition, with senior executives stepping into interim roles.

Robson's appointment as acting CEO indicates the company is relying on leadership already familiar with its operations, financial position, and strategic priorities.

Wesley's move into the CFO role maintains oversight across key financial functions, including capital management, reporting, and investor engagement.

There were no changes flagged to Suncorp's strategy, operations, or financial outlook in the update.

Share price remains volatile

Suncorp shares have been moving unevenly in recent months, reflecting a mix of sector-wide pressures and company-specific factors.

While the stock has recovered over the past month, it remains down year to date, highlighting inconsistent recent trading performance.

The decline follows a period where investors reassessed earnings momentum across the insurance sector. Suncorp's half-year results pointed to pressure from elevated natural hazard costs, alongside shifts in premium growth and claims trends.

At the same time, broader market conditions have influenced the share price as investors adjust expectations around interest rates and valuations.

The company has continued capital management initiatives, including share buybacks, which have provided some short-term support to the share price.

Foolish Takeaway

While today's update relates to leadership, the use of internal executives in acting roles maintains continuity across the business.

With no changes to guidance or strategy, the share price move reflects positioning rather than underlying performance.

The near-term direction for Suncorp shares is likely to follow insurance sector trends, along with any updates on leadership and earnings.

The post Suncorp shares slip as CEO steps aside appeared first on The Motley Fool Australia.

The RBA announced an increase of the cash rate target by 0.25%, bringing Australia's official interest rate to 4.10%.

The decision was largely due to rising inflation according to the board. 

Australia's benchmark index, the S&P/ASX 200 Index (ASX: XJO) crawled roughly 0.3% higher in Tuesday's trade following the news. 

How does the cash rate impact ASX shares?

The RBA Cash Rate plays a central role in shaping the performance of ASX-listed shares. 

When the cash rate rises, borrowing becomes more expensive for businesses and consumers, which can slow economic activity and reduce company profits, often putting downward pressure on share prices. 

Higher rates also make fixed-income investments like bonds more attractive relative to equities, leading some investors to shift money out of shares. 

Conversely, when the cash rate falls, borrowing is cheaper, encouraging spending and investment, which can boost corporate earnings and generally support higher share prices. 

In this way, changes in the cash rate influence both company fundamentals and investor behavior across the ASX.

For the everyday consumer, changes in the cash rate affect how much they pay on mortgages, loans, and credit cards, influencing their spending power and overall cost of living.

While past performance does not guarantee future returns, here are ASX shares that may benefit from a higher rate environment. 

Insurance companies

Insurers can benefit from interest rate rises because they invest premiums and earn more when yields rise. 

This could be ideal for ASX shares like: 

• QBE Insurance Group Ltd (ASX: QBE)
• Suncorp Group Ltd (ASX: SUN)
• Insurance Australia Group Ltd (ASX: IAG)

All three saw share price rises yesterday on the back of the RBA announcement. 

In simple terms, higher interest rates = higher investment returns on premiums, which directly lifts insurers' earnings.

QBE and IAG have also attracted positive analysis from brokers recently, indicating it could outperform markets in the short-term. 

Financial and cash-sensitive businesses

Two other ASX shares that could outperform due to rising interest rates are: 

• Macquarie Group Ltd (ASX: MQG)
• Computershare Ltd (ASX: CPU)

These companies directly earn more income from cash balances or client funds. 

For example, Computershare's profits can rise significantly as interest earned on client balances increases.

Meanwhile, Macquarie Group can benefit from higher interest rates because it earns more income on its large pools of client funds and investments, while also profiting from increased margins in its lending and financial services businesses.

The company also has a long track record of generating strong profits across market cycles.

The post 5 ASX shares that could benefit from rising interest rates appeared first on The Motley Fool Australia.

Meanwhile, experts have recommended that investors sell two popular ASX 200 financial shares.

Here's why.

Washington H. Soul Pattinson and Co Ltd (ASX: SOL)

The Soul Pattinson share price is 1.5% higher at $38.35 on Tuesday, and up 16% over the past 12 months.

Soul Patts is a diversified investment house that invests across a range of industries and asset classes, including ASX shares.

On The Bull this week, Mark Elzayed from Investor Pulse revealed a sell rating on this ASX 200 financial share.

Elzayed explains his sell rating:

SOL has long earned its place in Australian portfolios because of its enviable dividend record and conservative stewardship.

Even so, we see grounds for a tactical exit.

The valuation has moved to a premium relative to underlying asset momentum, with the price-to-earnings ratio sitting well above its longer term average.

Elzayed also spoke of moderation across Soul Patts' core holdings of New Hope Corporation Ltd (ASX: NHC) and TPG Telecom Ltd (ASX: TPG) shares and the Brickworks business.

(New Hope shares are among the biggest fallers of the ASX 200 on Tuesday — here's why.)

Elzayed concluded:

Softer global coal prices are tempering the exceptional cash generation previously delivered by New Hope, while TPG continues to navigate an intensely competitive telecommunications landscape.

Absent a meaningful acquisition to reignite growth, the fading post-merger enthusiasm around the Brickworks restructuring could leave the shares marking time.

Suncorp Group Ltd (ASX: SUN)

The Suncorp share price is $14.42, up 2.3% on Tuesday and down 25% over 12 months.

Also on The Bull this week, John Athanasiou from Red Leaf Securities gave the insurance giant a sell rating.

Athanasiou explained:

While premium rate increases have helped, we believe margin expansion is peaking. Earnings are exposed to claims inflation, natural catastrophe volatility and regulatory scrutiny.

Half year results to December 31, 2025 highlighted these risks. Profit after tax of $263 million was down from $1.1 billion in the prior corresponding period. Cash earnings were hit by higher natural hazard costs and the interim dividend was reduced.

Suncorp declared a fully franked interim dividend of 17 cents per share for 1H FY26, down from 41 cents per share in 1H FY25.

The Suncorp interim dividend represents a payout ratio of 68% of cash earnings, and will be paid on 31 March.

Athanasiou added:

Much of the recent improvement reflects cyclical conditions rather than structural change.

In our view, the valuation is vulnerable given competitive pricing pressure and rising affordability concerns. 

The post 2 ASX 200 financial shares to sell: Experts appeared first on The Motley Fool Australia.

Let's see what they are saying about these shares, courtesy of The Bull. Here's what you need to know:

Guzman Y Gomez Ltd (ASX: GYG)

The team at Red Leaf Securities is bearish on this Mexican quick service restaurant operator and has named it as a sell this week.

It feels that the company's shares are expensive, especially given how much value the market is placing on its ambitious global expansion. It explains:

GYG is a Mexican themed restaurant chain. We retain a sell rating despite Australian brand strength. Expansion in the United States is in its early stages and carries execution risk. Challenges include increasing labour costs, operating costs and competition.

Revenue and profit growth were overshadowed by share price weakness after the company released its first half result in fiscal year 2026 on February 20. In our view, investors are paying a premium for ambitious long term store targets. In a higher cost-of-capital environment, the valuation leaves little margin for error.

Suncorp Group Ltd (ASX: SUN)

Another ASX share that Red Leaf Securities has been looking at is insurance giant Suncorp.

It has concerns that the company's margins have peaked and believes it could be vulnerable to competitive pricing pressure. As a result, it has named Suncorp shares as a sell. It explains:

Suncorp provides insurance products and services. While premium rate increases have helped, we believe margin expansion is peaking. Earnings are exposed to claims inflation, natural catastrophe volatility and regulatory scrutiny. Half year results to December 31, 2025 highlighted these risks. Profit after tax of $263 million was down from $1.1 billion in the prior corresponding period.

Cash earnings were hit by higher natural hazard costs and the interim dividend was reduced. Much of the recent improvement reflects cyclical conditions rather than structural change. In our view, the valuation is vulnerable given competitive pricing pressure and rising affordability concerns.

Worley Ltd (ASX: WOR)

Over at EnviroInvest, its analysts think that Worley shares are a buy.

They like the engineering services company due to its exposure to sustainability and energy transition work. EnviroInvest said:

Worley provides engineering and project services across energy, chemicals and resources. Aggregated revenue of $6.3 billion in the first half of fiscal year 2026 was up 5.4 per cent on the prior corresponding period. Underlying earnings before interest, tax and amortisation of $377 million was up 0.3 per cent. More than half of new awards were linked to sustainability and energy transition work. Legacy hydrocarbons exposure remains, but capital is increasingly directed to low carbon infrastructure.

The post Buy, hold, sell: Guzman Y Gomez, Worley, and Suncorp shares appeared first on The Motley Fool Australia.

The ASX All Ords reached a new record of 9,436.1 points in earlier trading.

However, this rising market tide is not lifting all boats.

The following three ASX All Ords shares hit new 52-week lows this week.

Experts say they are a buying opportunity.

Here's why.

Insurance Australia Group Ltd (ASX: IAG)

This ASX All Ords financial share hit a 52-week low of $6.57 this week.

The IAG share price has fallen 15% over 12 months.

After poring over the insurance giant's 1H FY26 report, Jefferies maintained its buy rating on IAG shares.

The broker has a 12-month price target of $9.20, suggesting a possible 40% capital gain over the next year.

Seek Ltd (ASX: SEK)

This ASX All Ords communications share tumbled to a 52-week low of $15.63 this week.

The Seek share price has fallen 31% over 12 months.

After reviewing the company's 1H FY26 report, Morgans upgraded Seek shares to a buy rating.

Morgans said:

SEK's 1H26 result was largely as per expectations with net revenue (+12% on pcp), Adjusted EBITDA (+19% on pcp) and adjusted NPAT (+35% on pcp) all broadly in line with Visible Alpha consensus and MorgansF.

We make only marginal adjustments to our forecasts taking into account the updated guidance.

The broker added that Seek "still many questions to answer on the AI threat".

Morgans kept its 12-month share price target at $27.50.

This implies an attractive potential upside of 75% over the next year.

Suncorp Group Ltd (ASX: SUN)

Fellow insurance giant Suncorp also fell to a 52-week low this week.

The ASX All Ords financial share reached a low of $14.21 on Tuesday.

The Suncorp share price has declined by 27% over 12 months.

Morgans maintained its accumulate rating after seeing Suncorp's 1H FY26 numbers.

The broker said:

SUN's 1H26 NPAT (A$263m) was well down on the pcp ($1.1bn) due to bad weather, but it was only -2% below consensus ($268m).

Overall, we saw this as a reasonable result, albeit similar to key peer IAG, SUN did deliver a mild downgrade to FY26 top-line growth guidance.

We make relatively nominal changes to our SUN FY26F/FY27F EPS of -2%/+1% on a review of our earnings assumptions.

The broker slashed its 12-month share price target on Suncorp from $19.28 to $17.01.

This still suggests a possible 20% upside over the next year.

The post Experts say IAG shares and 2 other stocks are buys at 52-week lows this week appeared first on The Motley Fool Australia.

Three shares that the broker is telling investors to accumulate are named below. Here's what it is saying about them:

Goodman Group (ASX: GMG)

Morgans notes that this industrial property giant has been building a significant presence in the data centre market.

While it is positive on the move, it notes that its success now hinges on converting customer negotiations into commitments for these centres. The broker said:

GMG is leaning hard into data centre (DC) development across scarce, power-enabled metro locations, backed by long-dated capital partners and a conservative balance sheet. FY26 guidance is unchanged, with near-term results reflecting longer development timeframes and a larger share of balance-sheet originated developments. Execution now hinges on converting customer negotiations into commitments across key DC campuses while holding returns.

Whilst the company has flagged the longer development timeframe for DCs, recent share price weakness points to impatience as the market discounts the uncertainty around hyperscale demand, investor appetite and potentially the lower likelihood of an FY26 EPS upgrade. Combining improving margins against a higher cost of capital and increased balance sheet investment, our valuation remains broadly unchanged at $36.05/sh and sees us reiterate our Accumulate recommendation.

Morgans has an accumulate rating and $36.05 price target on the ASX 200 share.

Netwealth Group Ltd (ASX: NWL)

Another ASX 200 share that caught the eye of Morgans is investment platform provider Netwealth.

It delivered a strong half-year result, which was ahead of expectations. The broker commented:

NWL reported 1H26 Revenue +24.7%; EBITDA +24.0%; and Underlying NPAT +19.8% on pcp, delivering strong momentum across the group, which was ahead of expectations. FY26 EBITDA margin guidance was reiterated for, implying 2H26 is expected to see a step-up in investment vs 1H26 ahead of the formal launch of its Broker/iHIN offering in 3Q26. Netflow guidance was also reaffirmed, with the group confident of momentum into FY27 as it looks to further scale its offering. We make minor changes to our NPAT forecasts of +3%/-1%/-3%, overall, this sees our price target move to A$29.00/sh, and we retain our ACCUMULATE rating.

Morgans has an accumulate rating and $29.00 price target on Netwealth's shares.

Suncorp Group Ltd (ASX: SUN)

Finally, Morgans sees insurance giant Suncorp as an ASX 200 share to accumulate.

It notes that Suncorp delivered a result a touch short of expectations despite significant weather disruption. It said:

SUN's 1H26 NPAT (A$263m) was well down on the pcp ($1.1bn) due to bad weather, but it was only -2% below consensus ($268m). Overall, we saw this as a reasonable result, albeit similar to key peer IAG, SUN did deliver a mild downgrade to FY26 top-line growth guidance. We make relatively nominal changes to our SUN FY26F/FY27F EPS of -2%/+1% on a review of our earnings assumptions.

Morgans has retained its accumulate rating with a trimmed price target of $17.01.

The post 3 excellent ASX 200 shares to accumulate right now appeared first on The Motley Fool Australia.

ASX All Ords shares have risen 1.7% over the week as more companies revealed strong earnings results and dividends.

Next week, a large group of ASX shares go ex-dividend. We provide a sample of these stocks below.

To pick up a dividend payment, you must own the share before the ex-dividend date.

ASX shares about to go ex-dividend

Here are 16 ASX shares going ex-dividend next week.

Which companies are reporting next week?

According to the calendar, we will hear from Adairs Ltd (ASX: ADH), Ampol Ltd (ASX: ALD), and Nib Holdings Ltd (ASX: NHF) on Monday.

On Tuesday, ARB Corporation Ltd (ASX: ARB), Woodside Energy Group Ltd (ASX: WDS), and Monadelphous Group Ltd (ASX: MND) are up.

On Wednesday, we'll get reports from Bapcor Ltd (ASX: BAP), Domino's Pizza Enterprises Ltd (ASX: DMP), and Fortescue Ltd (ASX: FMG).

Light & Wonder Inc (ASX: LNW), Wisetech Global Ltd (ASX: WTC), and Woolworths Group Ltd (ASX: WOW) will also report on Wednesday.

On Thursday, Karoon Energy Ltd (ASX: KAR), Monash IVF Group Ltd (ASX: MVF), and Qantas Airways Ltd (ASX: QAN) will release their earnings.

Ramsay Health Care Ltd (ASX: RHC), Super Retail Group Ltd (ASX: SUL), and Worley Ltd (ASX: WOR) will also be in the spotlight.

On Friday, we'll see reports from Coles Group Ltd (ASX: COL), Star Entertainment Group Ltd (ASX: SGR), and TPG Telecom Ltd (ASX: TPG).

The post 16 ASX shares going ex-dividend next week appeared first on The Motley Fool Australia.

In response, let's see whether the broker now rates these ASX 200 shares as buys, holds, or sells.

National Australia Bank Ltd (ASX: NAB)

Morgans was pleased with this big four bank's performance during the first quarter and has upgraded its forecasts to reflect this and its positive outlook.

However, due to its current valuation, the broker has reaffirmed its sell rating with a $37.27 price target. It said:

Like its peers that reported in February, NAB's 1Q26 trading update showed it is benefitting from a supportive interest rate, credit growth, and asset quality environment. We make upgrades to our forecasts to reflect performance and outlook. 12 month target price set at $37.27/sh. With more aggressive assumptions than previously we estimate a higher fundamental value for NAB. However, the share price is still trading far ahead of this revised estimate. SELL retained, with potential TSR of -17% (including 3.6% cash yield).

Santos Ltd (ASX: STO)

Another big name that Morgans has been looking at is energy giant Santos. Morgans thought the company delivered a solid result given the difficult trading conditions.

However, with its shares trading at fair value, the broker has retained its hold rating and $6.80 price target. It explains:

A solid CY25 earnings result from STO under difficult conditions, with lower commodity prices partly offset by solid cost controls and operating performances. Surprisingly large final dividend versus our estimate, with full year dividend payout equivalent to 86% of earnings and funded majority through debt. FCF was back in positive territory at US$208m, with a FCF breakeven of US$58.90/bbl. Strategic review on non-core assets could see some changes to the portfolio (Cooper, WA, Narrabri all being reviewed). We maintain a HOLD rating and A$6.80 target price.

Suncorp Group Ltd (ASX: SUN)

This insurance giant posted a sharp decline in profits during the first half due to unfavourable weather conditions. And while Suncorp also downgraded its guidance for FY 2026 slightly, Morgans remains positive.

It has retained its accumulate rating with a $17.01 price target. It said:

SUN's 1H26 NPAT (A$263m) was well down on the pcp ($1.1bn) due to bad weather, but it was only -2% below consensus ($268m). Overall, we saw this as a reasonable result, albeit similar to key peer IAG, SUN did deliver a mild downgrade to FY26 top-line growth guidance. We make relatively nominal changes to our SUN FY26F/FY27F EPS of -2%/+1% on a review of our earnings assumptions. Our PT is reduced to A$17.01 (previously A$19.28). With >10% upside to our valuation, we maintain our Accumulate rating on SUN.

The post Buy, hold, sell: NAB, Santos, and Suncorp shares appeared first on The Motley Fool Australia.

After releasing its half-year results on Wednesday, the insurer's share price fell 4.38% to close at $15.28.

Today, the stock has edged higher and is trading around $15.42, up 0.92%.

Even with that rebound, Suncorp shares remain down about 12% this year amid concerns about the company's earnings and outlook.

Profit slumps after heavy weather losses

For the half, Suncorp reported net profit after tax (NPAT) of $263 million. That is a significant drop from $1.1 billion in the same period last year. Cash earnings came in at $270 million, down from $828 million a year ago.

The main reason for the decline was higher natural hazard costs. Suncorp said it dealt with 9 major weather events during the half, including severe storms and hail. Natural hazard costs totalled $1.31 billion, which was well above its allowance.

Net incurred claims rose 23.4% to $5.48 billion. At the same time, investment income fell to $259 million from $374 million last year, partly due to market impacts from higher yields.

Despite the earnings pressure, some underlying metrics remained solid.

Gross written premium increased 2.7% to $7.69 billion. The underlying insurance trading ratio was 11.7%, which sits within the company's target range of 10% to 12%.

Chief Executive Steve Johnston said higher natural hazard costs and weaker investment returns hurt profits, though the underlying business performance remained resilient.

Dividend reduced as earnings fall

Suncorp declared a fully-franked interim dividend of 17 cents per share, equal to 68% of cash earnings for the half. That is down from 41 cents in the prior corresponding period.

The company also completed $168 million of its on-market share buyback and continues to target around $400 million in buybacks across FY26.

Suncorp ended the half with capital above the midpoint of its Common Equity Tier 1 target range, supporting balance sheet flexibility despite elevated claims costs.

Management expects gross written premium growth to be at the lower end of the mid-single digit range for the full year.

What the brokers are saying

Broker reaction has been mixed following the result.

Macquarie upgraded Suncorp shares to outperform, pointing to solid underlying margins despite elevated catastrophe costs.

However, several brokers reduced their price targets.

Morgan Stanley cut its target to $17.01. Barrenjoey lowered its target to $18, and Jefferies trimmed its target to $17. Citi lifted its target slightly to $18.90 and upgraded the stock to outperform.

With shares trading around $15.40, most broker targets still imply upside.

Are Suncorp shares undervalued?

At current levels, Suncorp is trading on a reduced earnings base after a difficult half.

If natural hazard costs ease and investment returns improve, earnings could recover in the second half. However, recent years suggest extreme weather events are becoming more frequent, adding uncertainty to forecasts.

After falling 12% in 2026, the shares may appear cheaper on forward metrics. But the outlook remains closely tied to weather patterns and market conditions.

The post Down 12% in 2026, are Suncorp shares undervalued? appeared first on The Motley Fool Australia.

In afternoon trade, the insurer's shares are down 5% to $15.12.

Why are Suncorp shares sinking?

Investors have been selling the company's shares today after it released its half-year results.

The market appears disappointed after Suncorp reported a sharp drop in profit for the six months ended 31 December, weighed down by elevated natural hazard costs and weaker investment returns.

According to the release, Suncorp posted a net profit after tax of $263 million for the half, down significantly from $1.1 billion in the prior corresponding period. Cash earnings came in at $270 million, compared to $828 million a year ago.

The key culprit was natural disasters.

Natural hazard costs surge

Management revealed that it dealt with nine declared natural hazard events during the half, resulting in more than 71,000 claims at a net cost of around $1.3 billion.

Natural hazard costs were $453 million above the half-year allowance, driven largely by destructive thunderstorms and widespread hailstorms across Australia's east coast, particularly in south-east Queensland.

Net incurred claims jumped 23.4% to $5.48 billion, reflecting both the severe weather events and ongoing claims inflation in parts of the portfolio.

The key Consumer Insurance division swung to an insurance trading loss of $137 million, compared to a $509 million profit in the prior period, largely due to the elevated natural hazard experience.

Suncorp's CEO, Steve Johnston, said:

While Suncorp's 1H26 reported profits and shareholder returns have been challenged by an elevated level of natural hazard costs and lower investment returns over the half, our underlying business remains resilient as we continue to deliver on our strategic imperatives and drive good momentum leading into the second half of the financial year.

Investment returns and margins

Suncorp also revealed that its net investment income fell to $259 million from $374 million a year ago. It was impacted by negative mark-to-market movements from higher yields.

Despite this, underlying margins held up relatively well. The underlying insurance trading ratio (UITR) came in at 11.7%, towards the top half of the group's 10% to 12% target range.

Gross written premium increased 2.7% to $7.69 billion, supported by strong growth in the Consumer portfolio, particularly in Motor and Home.

Capital and dividend

On a more positive note, Suncorp maintained a strong capital position, with Common Equity Tier 1 capital sitting $700 million above the midpoint of its target range.

The board declared a fully franked interim dividend of 17 cents per share, representing 68% of cash earnings.

The company also completed $168 million of its on-market share buy-back program during the half and continues to target around $400 million in buy-backs over FY26.

Outlook

Looking ahead, management expects gross written premium growth to be around the bottom of the mid-single digit range, given current market conditions in Commercial insurance.

The underlying insurance trading ratio is expected to remain in the top half of the 10% to 12% range, supported by pricing momentum in Consumer and Commercial & Personal Injury portfolios.

The post Why are Suncorp shares sinking 5% today? appeared first on The Motley Fool Australia.

Four ASX shares that have failed to follow the market higher today are listed below. Here's why they are falling:

Baby Bunting Group Ltd (ASX: BBN)

The Baby Bunting share price is down 3.5% to $2.30. This morning, analysts at Morgans reaffirmed their hold rating on this baby products retailer's shares with a trimmed price target of $2.60. The broker said: "BBN's 1H26 pro-forma NPAT was up 4.1% yoy to $5.0m which was in the middle of guidance range ($4.5-$5.5m) driven by comps sales growth, gross margin expansion offset by higher costs. Nine stores have been refurbished to the new store design, and have performed strongly, sales up 25%, which is at the upper end of guidance range of 15-25%. FY26 NPAT guidance has been narrowed to $17.5-$19.5m (was $17-20m). We have made minor changes to forecasts. We have a $2.60 target price (was $2.70) Hold recommendation retained."

Capstone Copper Corp (ASX: CSC)

The Capstone Copper share price is down 18% to $12.78. This follows the release of the copper miner's guidance for 2026. Capstone Copper expects consolidated copper production of between 200,000 and 230,000 tonnes in 2026. This is broadly in line with 2025 levels. Management also advised that it expects consolidated C1 cash costs of US$2.45 to US$2.75 per payable pound of copper in 2026. This is an increase compared to 2025, primarily due to modest inflation and lower-grade ore at Mantos Blancos and Pinto Valley driven by mine sequencing.

Healius Ltd (ASX: HLS)

The Healius share price is down 11% to 72.7 cents. This morning, this healthcare company released its half-year results and reported a 3.8% increase in group revenue to $688.1 million and underlying EBIT of $7.9 million. The latter was up from a loss of $2.7 million a year ago. While management expects to achieve earnings in line with consensus estimates in FY 2026, it warned that its revenue and profitability will be skewed towards the second half. This is due to both the timing of cost savings and normal volume seasonality factors. The market appears sceptical that it will deliver on this guidance.

Suncorp Group Ltd (ASX: SUN)

The Suncorp share price is down 5% to $15.19. Investors have been selling this insurance giant's shares following the release of its half-year results. Suncorp reported a net profit after tax of $263 million, which is down heavily from $1.1 billion a year earlier. The company's CEO, Steve Johnston, said: "While Suncorp's 1H26 reported profits and shareholder returns have been challenged by an elevated level of natural hazard costs and lower investment returns over the half, our underlying business remains resilient as we continue to deliver on our strategic imperatives and drive good momentum leading into the second half of the financial year."

The post Why Baby Bunting, Capstone Copper, Healius, and Suncorp shares are falling today appeared first on The Motley Fool Australia.

What did Suncorp Group report?

• NPAT: $263 million, down from $1.1 billion in 1H25
• Gross written premium (GWP): $7.69 billion, up 2.7% from $7.49 billion
• Underlying insurance trading ratio (UITR): 11.7%, at the upper end of the target range
• Interim dividend: 17 cents per share, fully franked (68% payout ratio)
• Net incurred claims: $5.48 billion, up 23% due to natural hazard events
• $168 million of share buy-back completed; targeting $400 million by end of FY26

What else do investors need to know?

Suncorp responded to nine significant natural hazard events, mainly severe storms and hail in south-east Queensland, resulting in more than 71,000 claims this half. Natural hazard costs came in $453 million above allowance, making it one of the costliest periods in Suncorp's history.

Despite these challenges, GWP rose, especially in its Consumer portfolio, which saw 6.3% growth. Digital uptake is rising, with over 73% of sales made online and customer experience measures such as claim handling speed and satisfaction improving.

Capital management remains a priority. Suncorp's CET1 capital sits $700 million above its target mid-point, supporting ongoing shareholder returns through dividends and share buy-backs.

What did Suncorp Group management say?

CEO Steve Johnston said:

While Suncorp's 1H26 reported profits and shareholder returns have been challenged by an elevated level of natural hazard costs and lower investment returns over the half, our underlying business remains resilient as we continue to deliver on our strategic imperatives and drive good momentum leading into the second half of the financial year.

What's next for Suncorp Group?

Looking ahead, Suncorp expects gross written premium growth at the lower end of the mid-single-digit range, reflecting a competitive and softer market—especially in New Zealand. The underlying insurance margin is tipped to remain at the top half of its 10%–12% target.

Suncorp aims to keep costs under control while investing in growth, technology, and disaster management. Capital management will stay disciplined, with a payout ratio near the middle of the 60–80% range and the completion of a $400 million share buy-back by the end of FY26.

Suncorp Group share price snapshot

Over the past 12 months, Suncorp Group shares have declined 16%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.

View Original Announcement

The post Suncorp Group posts resilient 1H26 earnings despite higher claims appeared first on The Motley Fool Australia.

Will the market be able to build on this on Wednesday? Here are five things to watch:

ASX 200 to rise again

The Australian share market looks set to rise on Wednesday after a decent night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 54 points or 0.6% higher this morning. In late trade in the United States, the Dow Jones is up 0.25%, the S&P 500 is up 0.4% and the Nasdaq is 0.5% higher.

Oil prices fall

ASX 200 energy shares Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a poor session on Wednesday after oil prices tumbled into the red overnight. According to Bloomberg, the WTI crude oil price is down 0.9% to US$62.33 a barrel and the Brent crude oil price is down 1.8% to US$67.42 a barrel. Traders were selling oil down after Iran made progress with its nuclear talks with the United States.

NAB shares on watch

National Australia Bank Ltd (ASX: NAB) shares will be on watch on Wednesday when it becomes the last of the big four to release an update this month. The rest of the major banks delivered solid updates, so expectations are high for this one. Also scheduled to release results today are Sonic Healthcare Ltd (ASX: SHL), Lottery Corporation Ltd (ASX: TLC), and Suncorp Group Ltd (ASX: SUN).

Gold price sinks

ASX 200 gold shares such as Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a difficult session on Wednesday after the gold price sank overnight. According to CNBC, the gold futures price is down 2.9% to US$4,899.3 an ounce. Traders were selling gold (and silver) as they awaited delayed economic data and responded to easing US-Iranian tensions.

CBA shares go ex-dividend

Commonwealth Bank of Australia (ASX: CBA) shares are going ex-dividend this morning and could trade lower. Last week, Australia's largest bank released its half-year results and reported a cash net profit of $5.45 billion. This was an increase of 6% on the prior corresponding period and allowed the CBA board to declare a fully franked interim dividend of $2.35 per share. Eligible CBA shareholders can look forward to receiving this payout next month on 30 March.

The post 5 things to watch on the ASX 200 on Wednesday appeared first on The Motley Fool Australia.

What did ANZ Group report?

• Cash profit for 1Q26: $1.94 billion, up 75% from 2H25 quarterly average
• Statutory profit: $1.87 billion for the quarter
• Operating income: $5.7 billion, up 4% on 2H25 quarterly average
• Operating expenses: $2.8 billion, down 21%
• Cash return on tangible equity (RoTE): 11.7%, up 173 basis points
• Common Equity Tier 1 (CET1) ratio: 12.15%, up 12 basis points

What else do investors need to know?

ANZ says its efficiency program is delivering results, with an 8% reduction in expenses helping to boost profit and bring the cost-to-income ratio under 50%. The bank saw growth in both customer deposits (up 5% to $787 billion) and lending (up 1% to $837 billion) over the quarter, supported by broad-based strength across divisions.

Credit quality remains sound overall, with low portfolio losses and a slight improvement in past-due housing loans in both Australia and New Zealand. The bank completed more than 60% of planned role exits as part of its simplification push, and reported stable liquidity and capital positions.

What did ANZ Group management say?

ANZ Chief Executive Officer Nuno Matos said:

The quarterly result highlights the early progress we are making in executing our ANZ 2030 strategy.

Our productivity program aimed at removing duplication and simplifying the bank is well underway, delivering a significant reduction in expenses while growing revenue. There was an improvement across our key financial metrics, including the return on tangible equity which rose to 11.7% and cost to income ratio to below 50%.

Looking ahead, we continue to be fully engaged in executing our ANZ 2030 strategy. This is the beginning of our five-year journey to become the best bank for customers and shareholders in Australia and New Zealand.

What's next for ANZ Group?

ANZ is pressing ahead with its ANZ 2030 strategy, which focuses on simplifying operations, embedding its new executive team, and integrating Suncorp Group Ltd (ASX: SUN). The migration of Suncorp Bank customers to ANZ platforms is on track for completion by June 2027.

The bank reiterated its FY26 cost guidance and expects further gains from process improvements and digital upgrades—aiming to deliver a single digital front-end for all retail and SME customers by September 2027.

ANZ Group share price snapshot

Over the 12 months, ANZ shares have risen 26%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.

View Original Announcement

The post ANZ Group posts $1.94b cash profit as costs drop in 1Q26 appeared first on The Motley Fool Australia.

Both suffered heavy losses yesterday, falling between 4.24% and 3.4% respectively. 

For context, the S&P/ASX 200 Index (ASX: XJO) was essentially flat on Tuesday. 

Following yesterday's results, it could be an opportunity to buy the dip. 

Here is what experts are saying. 

Suncorp Group

Suncorp is a Queensland-based financial services conglomerate offering retail and business banking, general insurance, superannuation, and investment products in Australia and New Zealand.

Its shares fell 4.24% yesterday despite no price sensitive news out of the financial services conglomerate. 

Its share price is down almost 10% in 2026 and more than 32% in the last 12 months. 

It now sits close to its 52-week low, trading at $16.05 per share. 

The insurance stock experienced a prolonged sell-off during elevated natural hazard payouts related to extreme weather events towards the back half of 2025.

Based on recent targets from experts, Suncorp shares could be a buy-low opportunity. 

Recently, Goldman Sachs placed a price target of $20 on Suncorp shares. 

From yesterday's closing price, that indicates an upside of 24.61%. 

Estimates from Morgan Stanley suggest even more upside for this ASX financials stock. 

Last month, Morgan Stanley retained its overweight rating with a trimmed price target of $22.25.

This indicates an upside of 38.63%. 

It's worth noting these capital gains could come alongside a healthy dividend yield that is projected to be more than 5%. 

An important date for investors to watch will be on Wednesday 18 February when the company releases its HY26 results.

QBE Insurance Group

QBE is Australia's second-largest international insurer. It provides a broad range of insurance products across personal, business, corporate, and institutional markets, and is involved in insurance underwriting and reinsurance.

Its shares have also spluttered over the last 12 months, including a fall of 3.39% yesterday. 

QBE has faced headwinds over the last year which has dampened investor confidence. 

These include slowed increased premiums, and subdued growth. 

Recently, Wilsons also noted the company is negatively exposed to US dollar weakness. 

QBE shares closed yesterday at $19.69, and there appears to be limited upside based on analysts ratings. 

According to TradingView, 12 analysts have one year price targets between $19.30 and $24.21. 

This indicates QBE shares are hovering close to fair value. 

On the positive side, Bell Potter estimates that QBE's shares will provide investors in FY 2026 with a dividend yield of 4.7%.

It is set to release full year results on Friday, 20 February. 

The post Are Suncorp or QBE shares a better buy after yesterday's sell-off? appeared first on The Motley Fool Australia.

So, to narrow things down, let's take a look at three popular shares and see if analysts currently rate them as buys, holds, or sells.

Here's what they are saying:

DroneShield Ltd (ASX: DRO)

The team at Bell Potter remains very positive on this counter-drone technology company's shares.

Despite them rising very strongly over the past 12 months, the broker believes they are undervalued compared to its global drone peer group. Bell Potter has a buy rating and $5.00 price target on its shares. It said:

We believe DRO has a market leading RF detect/defeat C-UAS offering and a strengthening competitive advantage owing to its years of battlefield experience and large and focused R&D team. We expect 2026 will be an inflection point for the global C-UAS industry with countries poised to unleash a wave of spending on RF detect and defeat solutions.

Consequently, we believe DRO should see material contracts flowing from its $2.1b potential sales pipeline over the next 3-6 months as defence budgets roll over to FY26e. At 47x CY26e EV / EBITDA, DRO trades at a 28% discount to the global drone peer group. Further, we see upside risk to our revenue forecasts in CY26/27e, given the opportunities observed in the C-UAS industry.

Regis Resources Ltd (ASX: RRL)

Morgans has been looking at this gold miner's shares following its quarterly update. While it was a record quarter of cash generation, the broker thinks its shares are fully valued and has retained its hold rating with an improved price target of $8.05. It said:

RRL delivered a strong 2Q26, with group gold production of 96.6koz Au supporting record quarterly cash and bullion generation of A$255m, lifting the balance to A$930m. The result was underpinned by stable performance at Duketon, a sharp uplift in gold sales at Tropicana and continued strength in spot gold prices. We maintain our HOLD rating, and price target of A$8.05ps (previously A$6.17ps) with the uplift a function of our updated precious metals price deck.

Suncorp Group Ltd (ASX: SUN)

A third ASX share that brokers have been looking at is insurance giant Suncorp. The broker believes there are heightened earnings risks for investors to consider. As a result, it has put a hold rating and $20.50 price target on its shares. It said:

Post the update, we have downgraded our FY26 EPS estimate by a significant 12%. Even then, we highlight heightened earnings risk for the rest of FY26 and potentially into FY27. For the moment, our EPS estimates for FY27 and FY28 have been downgraded only by a nominal 0.1% for both years. ‍ Between weather-related volatility and an industry-wide slowdown in premium rate growth, the outlook for Suncorp (and its peers) remains challenging. This leads Ord Minnett to cut its target price on Suncorp to $20.50 from $22.50, and maintain its Hold recommendation despite the apparent value on offer.

The post Buy, hold, sell: DroneShield, Regis Resources, and Suncorp shares appeared first on The Motley Fool Australia.

However, it's my view that these balanced options are not a great fit for everyone. As I've discussed before, Australians under the age of 40 might be better off investing in a more growth-oriented fund that forgoes the stability that cash and bonds provide for a higher potential return by going all in shares. As anyone under 40 probably isn't going to retire anytime soon, stability and capital protection arguably shouldn't be high priorities at this stage of life.

When it comes to my own superannuation, I've put my money where my mouth is. My superannuation provider offers the choice of selecting individual index funds that I can invest my super into. So today, let's talk about the three ASX ETFs that I use within my super fund to achieve the best returns possible. The funds themselves aren't publicly traded, but have ASX counterparts which are essentially the same offering.

Three ASX ETFs that I've built my super fund around

Australian and international stocks

First up, we have a good old-fashioned S&P/ASX 200 Index (ASX: XJO) fund. Roughly 40% of my super fund goes towards an ASX 200 index fund, one rather similar to the iShares Core S&P/ASX 200 ETF (ASX: IOZ) or the SPDR S&P/ASX 200 ETF (ASX: STW). This fund holds the largest 200 stocks on the ASX. That's everything from Westpac Banking Corp (ASX: WBC) and Woolworths Group Ltd (ASX: WOW) to JB Hi-Fi Ltd (ASX: JBH) and Suncorp Group Ltd (ASX: SUN).

This index fund represents the best of Australian business. As ASX shares have historically delivered meaningful growth and healthy dividend income, I am very happy for this fund to receive some of my retirement cash.

Next up, another 50% or so of my super capital goes towards an international shares ETF. This ETF holds hundreds of different stocks from dozens of advanced economies around the world. These include the United States of America, the United Kingdom, Japan, Germany and France, among many others. A listed equivalent might be the Vanguard MSCI Index International Shares ETF (ASX: VGS).

Australia is a wonderful place to invest, but its best companies simply don't have the firepower that international markets do. That's why I'm happy that this component of my super fund invests in world-dominating stocks like Apple, Amazon, NVIDIA, Mastercard, Alphabet, Toyota and Nestle.

Adding some diversity to my super fund

My super fund's final holding, making up that final 10% or so, provides even more diversification. It is an emerging markets fund, drawing thousands of holdings from emerging economies around the globe. An ASX equivalent might be the Vanguard FTSE Emerging Markets Shares ETF (ASX: VGE). It offers exposure to countries like China, India and Taiwan. I think these economies will offer a lot of growth over the next few decades, and, as such, I am happy to have part of my super fund invested there.

Foolish takeaway

As I am still a few decades away from the traditional retirement age, I am happy to have 100% of my super fund invested in shares. With the three ETFs mentioned above, I feel that I have adequate diversification across multiple markets and currencies, whilst still maintaining exposure to some of the world's best companies. Individually selecting these investments also keeps my super costs as low as possible, which is of vital importance for building wealth over decades.

The post Here are the 3 ASX ETFs I use for my super fund appeared first on The Motley Fool Australia.

Shares in the S&P/ASX 200 Index (ASX: XJO) insurance company closed yesterday trading for $17.26. In early afternoon trade on Wednesday, shares are swapping hands for $16.85 apiece, down 2.4%.

For some context, the ASX 200 is down 0.2% at this same time.

Taking a step back, Suncorp shares have fallen 25.8% over the past 12 months. Much of the selling pressure came amid elevated natural hazard payouts related to extreme weather events in the latter months of 2025.

But investors' capital losses will have been somewhat mitigated by the two Suncorp dividend payouts.

Over the past 12 months, the ASX 200 insurance stock paid out a total of 90 cents a share in fully franked dividends. This sees Suncorp stock trading on a 5.3% trailing dividend yield.

Suncorp shares tipped for big 2026 rebound

While 2025 was a year to forget for Suncorp stockholders, 2026 could deliver a big turnaround.

That's according to the analysts at Goldman Sachs (courtesy of The Bull).

The broker recently upgraded Suncorp shares to a buy rating with a $20 price target. That represents a potential upside of 18.7% from current levels. And it doesn't include the two upcoming Suncorp dividends.

What's been happening with the ASX 200 insurance stock?

Suncorp reported its full-year FY 2025 results on 14 August.

Among the highlights, the 2025 financial year saw the ASX 200 insurer complete its sale of Suncorp Bank to ANZ Group Holdings Ltd (ASX: ANZ). Separately, Suncorp also sold off its New Zealand Life business.

The sales helped drive a 52% year-on-year increase in Suncorp's net profit after tax (NPAT) to $1.82 billion.

Investors were also bidding up Suncorp shares on the day after management announced the company would commence an on-market share buyback of up to $400 million. That buyback that started in September is scheduled to run through to the end of FY 2026.

"Our disciplined approach to capital management and robust capital position has enabled us to announce an on-market buy-back of up to $400 million," Suncorp CEO Steve Johnston said.

Johnston added:

Our strong set of results delivered this year included the one-off profits on the sale of Suncorp Bank and New Zealand Life, significantly higher investment returns and weather costs across Australia and New Zealand that were favourable to allowance by more than $200 million.

Looking at what could impact Suncorp shares in the months ahead, the insurance company forecasts gross written premium growth in the mid-single digits for the full FY 2026 financial year.

The post Goldman Sachs tips 19% upside for Suncorp shares…plus dividends! appeared first on The Motley Fool Australia.

Three broker buy ratings that you might want to know more about are summarised below. Here's why brokers think these ASX shares are in the buy zone right now:

Aeris Resources Ltd (ASX: AIS)

According to a note out of Bell Potter, its analysts have retained their buy rating on this copper miner's shares with an improved price target of 82 cents. This follows news that the company has been granted development consent for its Constellation Project. Bell Potter notes that this is a major permitting milestone for Constellation, de-risking its pathway to production and the company's objective of commencing mining operations from mid-2026. This is good news given how strong copper prices have been over the past 12 months. Outside this, Bell Potter highlights that Aeris Resources could be an attractive corporate target, supported by low valuation multiples. The Aeris Resources share price is trading at 62 cents on Friday.

Premier Investments Ltd (ASX: PMV)

Another note out of Bell Potter reveals that its analysts have retained their buy rating on this retailer's shares with a reduced price target of $20.00. It notes that the Peter Alexander and Smiggle owner released its guidance for the first half and expects EBIT of $120 million. This was 10% short of consensus estimates for the period. Bell Potter points out that the Smiggle business is acting as a drag on its performance, particularly in the United Kingdom. And while the broker suspects that things could get worse for Smiggle before they get better, it still thinks investors should be snapping up shares. Especially given how it values the Peter Alexander brand at $2 billion. This compares to the company's market capitalisation of $2.2 billion. The Premier Investments share price is fetching $13.56 at the time of writing.

Suncorp Group Ltd (ASX: SUN)

Analysts at Morgan Stanley have retained their overweight rating on this insurance giant's shares with a trimmed price target of $22.25. According to the note, the broker thinks that a buying opportunity has opened up following share price weakness during the back end of 2025. And while it does see some risk to Suncorp's dividends, it is pleased with the overall business. It highlights that its earnings quality could improve materially given its reinsurance options. This could support a re-rating of its shares in 2026. The Suncorp share price is trading at $17.41 this afternoon.

The post Brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

QBE is the largest ASX insurance stock and has seen its share price drop slightly by 0.25% to $19.83. Its $19 billion rival Suncorp has gained 0.2% in value at $17.34.

Both insurance companies have had a past 6 months to forget, with QBE tumbling almost 14%, and Suncorp 16%.

Let's have a closer look at what 2026 might bring for the two heavyweight insurance stocks.

QBE

ASX insurance stock QBE is a large, globally diversified insurer. The company spreads catastrophe and economic risk across many markets.

The weakness of the past 6 months followed a strong start to 2025. Investor confidence was shaken when QBE announced that premium-rate increases had slowed significantly across several business lines, particularly in commercial property insurance.

That said, the underlying business remains sound. QBE delivered solid half-year results, supported by improved underwriting margins, stronger investment income, and a more disciplined portfolio.

The company also launched a sizeable on-market share buyback, signalling confidence in its balance sheet and capital position. However, a softer third-quarter update for FY2025 overshadowed these positives, shifting market focus toward slowing growth.

Despite these headwinds, broker sentiment remains supportive. Most analysts rate QBE as a buy or strong buy, with an average 12-month price target of $22.30, implying upside of around 13% from current levels.

The maximum price target is set at $25.42, a potential gain of 28%.

However, Bell Potter has put the ASX insurance stock on the sell list. It is feeling cautious about the company's outlook, given how premium growth is moderating and claim costs are rising.

The broker estimates that QBE's shares will provide investors in FY 2026 with dividend yields of 4.7%.

Suncorp

Suncorp is more Australia-focused than QBE. It relies heavily on domestic personal and small commercial insurance brands. The heavier domestic exposure makes the ASX insurance stock more sensitive to Australian natural disaster losses and regulatory and premium pressures than QBE.

The insurer experienced five difficult months to November 2025, marked by elevated natural hazard losses. December, on the other hand, proved to be a comparatively quieter month for weather-related events.

Even so, total costs still exceeded Suncorp's $885 million first-half allowance. Broker UBS estimates a catastrophe budget overrun of $420 million, reduced from its earlier estimate of $580 million.

UBS has assigned a buy rating to Suncorp shares, with a price target of $20.85 on the ASX-listed insurance stock. This points to a 20% upside over the next 12 months.

In terms of the dividend, the projection on CMC Markets suggests the business could deliver an annual dividend per share of 78.5 cents. At the current Suncorp share price, it could pay a grossed-up dividend yield of 6.3%, including franking credits.

The post Which ASX insurance stock to buy in 2026: QBE or Suncorp? appeared first on The Motley Fool Australia.