L & S Advisors Inc boosted its stake in shares of Brookfield Corporation (NYSE:BN – Free Report) by 55.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 57,644 shares of the company’s stock after acquiring an additional 20,617 shares during the period. L & S Advisors Inc’s holdings in Brookfield were worth $2,645,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the stock. Savant Capital LLC boosted its stake in shares of Brookfield by 6.5% during the 3rd quarter. Savant Capital LLC now owns 3,689 shares of the company’s stock worth $253,000 after acquiring an additional 226 shares in the last quarter. State of Wyoming lifted its stake in Brookfield by 7.8% in the 3rd quarter. State of Wyoming now owns 3,301 shares of the company’s stock valued at $227,000 after buying an additional 240 shares in the last quarter. Hilltop National Bank lifted its stake in Brookfield by 49.9% in the 4th quarter. Hilltop National Bank now owns 724 shares of the company’s stock valued at $33,000 after buying an additional 241 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in Brookfield by 38.4% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 875 shares of the company’s stock valued at $60,000 after acquiring an additional 243 shares during the last quarter. Finally, New England Capital Financial Advisors LLC raised its holdings in Brookfield by 50.2% in the 4th quarter. New England Capital Financial Advisors LLC now owns 751 shares of the company’s stock valued at $34,000 after acquiring an additional 251 shares during the last quarter. Hedge funds and other institutional investors own 61.60% of the company’s stock.
More Brookfield News
Here are the key news stories impacting Brookfield this week:
- Positive Sentiment: Scotiabank and National Bank Financial both raised their price targets on Brookfield, keeping bullish ratings in place and signaling more upside from current levels. BayStreet.CA analyst ratings
- Positive Sentiment: Brookfield’s first-quarter results showed strong distributable earnings growth, with the company also highlighting heavy share repurchases and continued expansion of its insurance and wealth platforms. Brookfield Corporation Reports Strong First Quarter Results
- Positive Sentiment: The company disclosed a roughly $1 billion to $2 billion stake in SpaceX ahead of a possible IPO, which could be viewed as a valuable private-market investment and a potential catalyst if SpaceX eventually goes public. Brookfield Reveals $2 Billion SpaceX Stake Ahead Of Possible IPO
- Neutral Sentiment: Brookfield announced a C$750 million debt offering and a quarterly dividend, both of which are routine financing and capital-return updates rather than immediate earnings drivers. Brookfield Corporation Announces C$750M Debt Offering Pricing
- Negative Sentiment: The main drag on sentiment is that Brookfield’s reported Q1 EPS came in slightly below expectations, which may be prompting some profit-taking despite otherwise solid operating trends. Brookfield Corporation Q1 2026 Earnings Call Transcript
Brookfield Price Performance
Brookfield (NYSE:BN – Get Free Report) last announced its earnings results on Thursday, February 12th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Brookfield had a net margin of 1.76% and a return on equity of 3.87%. The business had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.63 billion. On average, analysts predict that Brookfield Corporation will post 2.94 EPS for the current year.
Brookfield Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, June 15th. Brookfield’s dividend payout ratio is presently 57.14%.
Analysts Set New Price Targets
A number of analysts have commented on the stock. Royal Bank Of Canada cut their price objective on shares of Brookfield from $63.00 to $61.00 and set an “outperform” rating for the company in a report on Friday. Wall Street Zen upgraded shares of Brookfield from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Scotia lifted their target price on shares of Brookfield from $48.50 to $53.00 and gave the company a “sector outperform” rating in a report on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Brookfield in a research report on Friday, March 27th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $61.00 price objective (up from $60.00) on shares of Brookfield in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Brookfield currently has an average rating of “Moderate Buy” and an average price target of $56.40.
Brookfield Profile
Brookfield Corporation (NYSE:BN) is a global alternative asset manager that specializes in real assets. The company invests in and operates businesses across real estate, infrastructure, renewable power and energy, private equity and credit. Its activities span both ownership and active management of physical assets as well as the operation of investment funds and vehicles that provide institutional and retail investors access to long‑lived, cash‑generating assets.
Brookfield’s services include asset management, direct investing, property development and the operation of infrastructure and energy businesses.
Read More
- Five stocks we like better than Brookfield
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Want to see what other hedge funds are holding BN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brookfield Corporation (NYSE:BN – Free Report).
Receive News & Ratings for Brookfield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield and related companies with MarketBeat.com's FREE daily email newsletter.
