Prescott Group Capital Management L.L.C. increased its stake in Brookfield Corporation (NYSE:BN – Free Report) by 50.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,000 shares of the company’s stock after acquiring an additional 30,000 shares during the quarter. Prescott Group Capital Management L.L.C.’s holdings in Brookfield were worth $4,130,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of the stock. Burling Wealth Partners LLC increased its stake in shares of Brookfield by 34.5% in the 4th quarter. Burling Wealth Partners LLC now owns 11,412 shares of the company’s stock valued at $524,000 after acquiring an additional 2,925 shares in the last quarter. Leonteq Securities AG bought a new stake in Brookfield during the 4th quarter valued at $767,000. Rathbones Group PLC increased its stake in Brookfield by 35.2% during the 4th quarter. Rathbones Group PLC now owns 45,957 shares of the company’s stock valued at $2,113,000 after purchasing an additional 11,975 shares in the last quarter. IFP Advisors Inc increased its stake in Brookfield by 48.4% during the 4th quarter. IFP Advisors Inc now owns 2,809 shares of the company’s stock valued at $129,000 after purchasing an additional 916 shares in the last quarter. Finally, Marathon Asset Management Ltd increased its stake in Brookfield by 41.1% during the 4th quarter. Marathon Asset Management Ltd now owns 1,962,979 shares of the company’s stock valued at $90,249,000 after purchasing an additional 572,246 shares in the last quarter. Institutional investors own 61.60% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on BN shares. TD upped their target price on shares of Brookfield from $59.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Brookfield in a research note on Friday, March 27th. Wall Street Zen upgraded shares of Brookfield from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. National Bank Financial upped their target price on shares of Brookfield from $58.00 to $60.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Finally, Scotia upped their target price on shares of Brookfield from $48.50 to $53.00 and gave the stock a “sector outperform” rating in a research note on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $56.82.
Brookfield Price Performance
BN opened at $45.34 on Thursday. The firm has a market cap of $111.11 billion, a P/E ratio of 88.90 and a beta of 1.55. The firm has a 50-day moving average of $42.98 and a 200 day moving average of $44.89. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.20 and a current ratio of 1.32. Brookfield Corporation has a fifty-two week low of $37.54 and a fifty-two week high of $49.56.
Brookfield Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.28 annualized dividend and a yield of 0.6%. Brookfield’s dividend payout ratio is 54.90%.
Brookfield Company 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.
Featured Articles
- Five stocks we like better than Brookfield
- From Zepbound to Foundayo: Lilly’s Latest Results Support Oral GLP-1 Outlook
- AI Consolidation Begins: Blackstone & Google Forge an AI Empire
- USA Rare Earth Posts Strong Q1 2026 as Massive Serra Vera Deal Looms
- 3 Space Infrastructure Stocks Gaining Momentum Ahead of the SpaceX IPO
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.
