Rep. Maria Elvira Salazar Acquires Shares of Brookfield Renewable Partners L.P. (NYSE:BEP)

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of Brookfield Renewable Partners L.P. (NYSE:BEP). In a filing disclosed on July 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Brookfield Renewable Partners stock on June 4th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Voyager Technologies (NYSE:VOYG) on 6/15/2026.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 6/4/2026.
• Purchased $15,001 – $50,000 in shares of Brookfield Renewable Partners (NYSE:BEP) on 6/4/2026.
• Purchased $1,001 – $15,000 in shares of Brookfield Renewable Partners (NYSE:BEP) on 6/3/2026.
• Purchased $1,001 – $15,000 in shares of Brookfield Renewable Partners (NYSE:BEP) on 6/2/2026.
• Purchased $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 6/2/2026.
• Sold $15,001 – $50,000 in shares of Biogen (NASDAQ:BIIB) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Brookfield Renewable Partners (NYSE:BEP) on 5/29/2026.
• Purchased $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 5/21/2026.
• Purchased $15,001 – $50,000 in shares of Datadog (NASDAQ:DDOG) on 5/19/2026.

Brookfield Renewable Partners Trading Up 0.2%

Shares of BEP stock opened at $32.41 on Monday. The company has a market capitalization of $9.78 billion, a PE ratio of -104.54 and a beta of 1.10. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.75 and a current ratio of 0.75. The business’s fifty day moving average is $34.95 and its 200 day moving average is $32.22. Brookfield Renewable Partners L.P. has a 52-week low of $24.13 and a 52-week high of $38.12.

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) last released its quarterly earnings results on Saturday, May 2nd. The utilities provider reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.36) by ($0.04). The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Brookfield Renewable Partners had a net margin of 8.28% and a return on equity of 1.57%. On average, equities research analysts anticipate that Brookfield Renewable Partners L.P. will post -1.53 EPS for the current fiscal year.

Brookfield Renewable Partners Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th were issued a $0.392 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.57 annualized dividend and a dividend yield of 4.8%. Brookfield Renewable Partners’s dividend payout ratio is presently -503.23%.

Analysts Set New Price Targets

Several research firms recently weighed in on BEP. Wall Street Zen cut shares of Brookfield Renewable Partners from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 10th. JPMorgan Chase & Co. increased their price target on shares of Brookfield Renewable Partners from $34.00 to $40.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Weiss Ratings restated a “hold (c-)” rating on shares of Brookfield Renewable Partners in a research report on Wednesday, June 24th. National Bank Financial lifted their price objective on shares of Brookfield Renewable Partners from $36.00 to $39.00 and gave the stock an “outperform” rating in a report on Thursday, June 11th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $40.00 price objective (up from $37.00) on shares of Brookfield Renewable Partners in a report on Monday, April 20th. Eleven equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $38.00.

Institutional Investors Weigh In On Brookfield Renewable Partners

A number of hedge funds have recently made changes to their positions in BEP. Ovata Capital Management Ltd purchased a new position in Brookfield Renewable Partners in the 3rd quarter worth $4,511,000. Principal Financial Group Inc. increased its holdings in shares of Brookfield Renewable Partners by 1.8% in the fourth quarter. Principal Financial Group Inc. now owns 10,305,148 shares of the utilities provider’s stock worth $277,930,000 after buying an additional 177,599 shares during the period. CIBC Bancorp USA Inc. bought a new stake in shares of Brookfield Renewable Partners in the 3rd quarter valued at about $19,944,000. Bank of Montreal Can lifted its stake in shares of Brookfield Renewable Partners by 6.5% in the 3rd quarter. Bank of Montreal Can now owns 6,978,958 shares of the utilities provider’s stock valued at $179,837,000 after acquiring an additional 428,446 shares during the last quarter. Finally, Intact Investment Management Inc. boosted its holdings in Brookfield Renewable Partners by 45.3% during the 4th quarter. Intact Investment Management Inc. now owns 1,156,587 shares of the utilities provider’s stock valued at $31,253,000 after acquiring an additional 360,820 shares during the period. 63.16% of the stock is currently owned by institutional investors.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

Brookfield Renewable Partners Company Profile

Brookfield Renewable Partners L.P. is a leading global owner, operator and developer of renewable power assets. Listed on the New York Stock Exchange under the ticker BEP, the partnership focuses on generating clean electricity from a diversified mix of hydroelectric, wind, solar and energy storage facilities. As part of the Brookfield Asset Management group, Brookfield Renewable leverages a long-term, asset-backed approach to investing in sustainable energy projects that support the transition to a low-carbon economy.

The company’s platform encompasses approximately 23,000 megawatts of installed capacity across four continents.