Norges Bank Takes Position in Brookfield Asset Management Ltd. $BAM

Posted by Stanley Muller on Jun 3rd, 2026

Norges Bank acquired a new stake in Brookfield Asset Management Ltd. (NYSE:BAM – Free Report) (TSE:BAM.A) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 5,028,864 shares of the financial services provider’s stock, valued at approximately $263,444,000. Norges Bank owned 0.31% of Brookfield Asset Management at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Truist Financial Corp grew its stake in shares of Brookfield Asset Management by 1.4% in the 3rd quarter. Truist Financial Corp now owns 13,240 shares of the financial services provider’s stock valued at $754,000 after purchasing an additional 187 shares during the period. Focus Financial Network Inc. grew its stake in shares of Brookfield Asset Management by 4.6% in the 4th quarter. Focus Financial Network Inc. now owns 4,436 shares of the financial services provider’s stock valued at $232,000 after purchasing an additional 194 shares during the period. Foundations Investment Advisors LLC grew its stake in shares of Brookfield Asset Management by 1.3% in the 4th quarter. Foundations Investment Advisors LLC now owns 17,165 shares of the financial services provider’s stock valued at $899,000 after purchasing an additional 226 shares during the period. Kraematon Investment Advisors Inc. grew its stake in shares of Brookfield Asset Management by 2.0% in the 4th quarter. Kraematon Investment Advisors Inc. now owns 12,073 shares of the financial services provider’s stock valued at $632,000 after purchasing an additional 234 shares during the period. Finally, Integrated Wealth Concepts LLC grew its stake in shares of Brookfield Asset Management by 3.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 7,578 shares of the financial services provider’s stock valued at $431,000 after purchasing an additional 238 shares during the period. 68.41% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on BAM. Wall Street Zen lowered Brookfield Asset Management from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Morgan Stanley reduced their target price on Brookfield Asset Management from $63.00 to $62.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Canadian Imperial Bank of Commerce set a $62.50 target price on Brookfield Asset Management in a report on Monday, May 11th. Piper Sandler reissued a “neutral” rating and issued a $50.00 target price (up from $48.00) on shares of Brookfield Asset Management in a report on Monday, May 18th. Finally, Zacks Research downgraded Brookfield Asset Management from a “strong-buy” rating to a “hold” rating in a report on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $60.21.

Read Our Latest Research Report on BAM

Brookfield Asset Management Stock Performance

Shares of Brookfield Asset Management stock opened at $47.76 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.38 and a quick ratio of 1.38. The firm has a market cap of $78.23 billion, a P/E ratio of 31.01, a P/E/G ratio of 1.93 and a beta of 1.26. The firm has a 50 day simple moving average of $46.88 and a 200 day simple moving average of $49.46. Brookfield Asset Management Ltd. has a fifty-two week low of $42.20 and a fifty-two week high of $64.10.

Brookfield Asset Management (NYSE:BAM – Get Free Report) (TSE:BAM.A) last announced its quarterly earnings data on Friday, May 8th. The financial services provider reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.02. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.43 billion. Brookfield Asset Management had a return on equity of 30.66% and a net margin of 49.69%. Sell-side analysts predict that Brookfield Asset Management Ltd. will post 1.75 earnings per share for the current fiscal year.

Brookfield Asset Management Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be given a $0.5025 dividend. This represents a $2.01 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, May 29th. Brookfield Asset Management’s dividend payout ratio (DPR) is presently 130.52%.

Brookfield Asset Management Company Profile

(Free Report)

Brookfield Asset Management is a global alternative asset manager headquartered in Toronto, Canada, that specializes in investments in real assets and related private equity and credit strategies. The firm acquires, manages and develops assets in sectors such as real estate, renewable power, infrastructure and private equity, seeking long-term value through active asset management and operational improvements. Brookfield structures and manages commingled funds, listed partnerships and separate accounts for institutional and retail investors.

The company’s products and services include fund management across equity and debt strategies, direct asset ownership and operations, property and facilities management, and capital markets solutions.