Desjardins Has Optimistic Outlook of BBU FY2025 Earnings

Brookfield Business Partners L.P. (NYSE:BBU) – Desjardins raised their FY2025 earnings estimates for shares of Brookfield Business Partners in a research note issued on Sunday, November 9th. Desjardins analyst G. Ho now expects that the business services provider will post earnings of $4.84 per share for the year, up from their previous forecast of $4.39. Desjardins currently has a “Buy” rating and a $34.00 target price on the stock. The consensus estimate for Brookfield Business Partners’ current full-year earnings is $5.25 per share. Desjardins also issued estimates for Brookfield Business Partners’ Q4 2025 earnings at $1.38 EPS, FY2026 earnings at $5.57 EPS and FY2027 earnings at $6.12 EPS.

BBU has been the topic of a number of other reports. Zacks Research lowered Brookfield Business Partners from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 30th. Royal Bank Of Canada lifted their target price on shares of Brookfield Business Partners from $35.00 to $39.00 and gave the stock an “outperform” rating in a research note on Monday, September 29th. Scotiabank set a $39.00 target price on shares of Brookfield Business Partners and gave the stock an “outperform” rating in a report on Thursday, October 2nd. Wall Street Zen downgraded shares of Brookfield Business Partners from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, National Bankshares boosted their price target on shares of Brookfield Business Partners from $39.00 to $43.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Five analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $36.50.

Brookfield Business Partners Price Performance

Brookfield Business Partners stock opened at $31.25 on Wednesday. Brookfield Business Partners has a 1 year low of $18.63 and a 1 year high of $36.90. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.20 and a current ratio of 0.28. The company’s fifty day moving average price is $31.90 and its 200 day moving average price is $27.56. The stock has a market capitalization of $2.77 billion, a P/E ratio of -17.36 and a beta of 1.39.

Brookfield Business Partners Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, November 28th will be given a dividend of $0.0625 per share. The ex-dividend date is Friday, November 28th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.8%. Brookfield Business Partners’s dividend payout ratio (DPR) is currently -13.89%.

Hedge Funds Weigh In On Brookfield Business Partners

Hedge funds have recently bought and sold shares of the company. TD Asset Management Inc lifted its position in shares of Brookfield Business Partners by 9.6% during the third quarter. TD Asset Management Inc now owns 163,598 shares of the business services provider’s stock worth $5,367,000 after purchasing an additional 14,283 shares in the last quarter. Cumberland Partners Ltd acquired a new stake in Brookfield Business Partners during the 3rd quarter worth $318,000. Alberta Investment Management Corp purchased a new position in Brookfield Business Partners during the 3rd quarter worth approximately $3,392,000. Credit Industriel ET Commercial purchased a new stake in Brookfield Business Partners in the 3rd quarter valued at $4,905,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Brookfield Business Partners by 796.3% during the third quarter. JPMorgan Chase & Co. now owns 322,899 shares of the business services provider’s stock worth $10,530,000 after buying an additional 286,872 shares during the period. Institutional investors and hedge funds own 85.04% of the company’s stock.

Brookfield Business Partners Company Profile

Brookfield Business Partners L.P. is a private equity firm specializing in acquisition. The firm typically invests in business services, infrastructure services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments.