Brookfield Infrastructure Partners (NYSE:BIP) Price Target Raised to $46.00

Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) had its price objective increased by Raymond James from $44.00 to $46.00 in a research report sent to investors on Tuesday morning, MarketBeat.com reports. Raymond James currently has a strong-buy rating on the utilities provider’s stock. Raymond James also issued estimates for Brookfield Infrastructure Partners’ Q1 2025 earnings at $0.85 EPS, Q2 2025 earnings at $0.83 EPS, Q3 2025 earnings at $0.85 EPS, Q4 2025 earnings at $0.86 EPS, Q1 2026 earnings at $0.94 EPS, Q2 2026 earnings at $0.90 EPS, Q3 2026 earnings at $0.92 EPS, Q4 2026 earnings at $0.93 EPS and FY2026 earnings at $3.70 EPS.

Other equities research analysts also recently issued reports about the company. Jefferies Financial Group upped their target price on Brookfield Infrastructure Partners from $35.00 to $39.00 and gave the company a “buy” rating in a report on Monday, September 30th. TD Securities upped their target price on Brookfield Infrastructure Partners from $49.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Finally, StockNews.com raised Brookfield Infrastructure Partners from a “sell” rating to a “hold” rating in a report on Saturday, November 16th. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $40.60.

Brookfield Infrastructure Partners Trading Up 3.9 %

Shares of BIP stock opened at $33.60 on Tuesday. Brookfield Infrastructure Partners has a fifty-two week low of $24.84 and a fifty-two week high of $36.50. The stock has a market capitalization of $15.59 billion, a P/E ratio of -88.41 and a beta of 1.07. The company has a quick ratio of 0.72, a current ratio of 0.77 and a debt-to-equity ratio of 1.72. The stock has a 50-day simple moving average of $32.99 and a 200 day simple moving average of $32.80.

Brookfield Infrastructure Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, November 29th were paid a $0.405 dividend. This represents a $1.62 annualized dividend and a yield of 4.82%. The ex-dividend date of this dividend was Friday, November 29th. Brookfield Infrastructure Partners’s dividend payout ratio is currently -426.32%.

Institutional Investors Weigh In On Brookfield Infrastructure Partners

Several hedge funds have recently bought and sold shares of BIP. International Assets Investment Management LLC purchased a new stake in Brookfield Infrastructure Partners in the 3rd quarter worth about $410,650,000. Intact Investment Management Inc. purchased a new stake in shares of Brookfield Infrastructure Partners during the 3rd quarter worth about $40,286,000. Pathway Financial Advisers LLC raised its stake in shares of Brookfield Infrastructure Partners by 1,616.3% during the 3rd quarter. Pathway Financial Advisers LLC now owns 1,079,521 shares of the utilities provider’s stock worth $37,826,000 after purchasing an additional 1,016,623 shares in the last quarter. Select Equity Group L.P. raised its stake in shares of Brookfield Infrastructure Partners by 29.6% during the 2nd quarter. Select Equity Group L.P. now owns 4,202,842 shares of the utilities provider’s stock worth $115,326,000 after purchasing an additional 960,120 shares in the last quarter. Finally, Dixon Mitchell Investment Counsel Inc. raised its stake in shares of Brookfield Infrastructure Partners by 101.0% during the 3rd quarter. Dixon Mitchell Investment Counsel Inc. now owns 1,587,548 shares of the utilities provider’s stock worth $55,783,000 after purchasing an additional 797,649 shares in the last quarter. 57.92% of the stock is owned by hedge funds and other institutional investors.

Brookfield Infrastructure Partners Company Profile

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company's Utilities segment operates approximately 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 8.1 million electricity and natural gas connections; and 0.6 million long-term contracted sub-metering services.