Brookfield Asset Management Ltd. $BAM Shares Purchased by NewGen Asset Management Ltd

Posted by Brenda Bartman on Jun 16th, 2026

NewGen Asset Management Ltd lifted its stake in Brookfield Asset Management Ltd. (NYSE:BAM – Free Report) (TSE:BAM.A) by 33.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,000 shares of the financial services provider’s stock after purchasing an additional 25,000 shares during the period. Brookfield Asset Management makes up 3.2% of NewGen Asset Management Ltd’s investment portfolio, making the stock its 11th largest holding. NewGen Asset Management Ltd’s holdings in Brookfield Asset Management were worth $5,239,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Zions Bancorporation National Association UT lifted its stake in shares of Brookfield Asset Management by 241.3% in the fourth quarter. Zions Bancorporation National Association UT now owns 488 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 345 shares during the period. LOM Asset Management Ltd acquired a new stake in shares of Brookfield Asset Management in the fourth quarter valued at about $31,000. eCIO Inc. acquired a new stake in shares of Brookfield Asset Management in the fourth quarter valued at about $42,000. Assetmark Inc. lifted its stake in shares of Brookfield Asset Management by 95.9% in the third quarter. Assetmark Inc. now owns 807 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 395 shares during the period. Finally, Cary Street Partners Financial LLC lifted its stake in shares of Brookfield Asset Management by 227.5% in the third quarter. Cary Street Partners Financial LLC now owns 809 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 562 shares during the period. Institutional investors and hedge funds own 68.41% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on BAM. The Goldman Sachs Group reduced their price objective on shares of Brookfield Asset Management from $60.00 to $49.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. Wall Street Zen downgraded shares of Brookfield Asset Management from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Piper Sandler restated a “neutral” rating and set a $50.00 target price (up from $48.00) on shares of Brookfield Asset Management in a report on Monday, May 18th. Weiss Ratings downgraded shares of Brookfield Asset Management from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Finally, Zacks Research downgraded shares of 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 given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Brookfield Asset Management has a consensus rating of “Hold” and an average price target of $60.21.

Check Out Our Latest Stock Analysis on Brookfield Asset Management

Brookfield Asset Management Stock Performance

NYSE:BAM opened at $48.15 on Tuesday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.34. The firm has a 50-day moving average price of $47.49 and a two-hundred day moving average price of $49.15. Brookfield Asset Management Ltd. has a twelve month low of $42.20 and a twelve month high of $64.10. The company has a market capitalization of $78.88 billion, a P/E ratio of 31.27, a price-to-earnings-growth ratio of 1.89 and a beta of 1.26.

Brookfield Asset Management (NYSE:BAM – Get Free Report) (TSE:BAM.A) last posted its earnings results on Friday, May 8th. The financial services provider reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.02. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.43 billion. Brookfield Asset Management had a net margin of 49.69% and a return on equity of 30.66%. As a group, research analysts expect that Brookfield Asset Management Ltd. will post 1.75 earnings per share for the current fiscal year.

Brookfield Asset Management Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.5025 per share. The ex-dividend date is Friday, May 29th. This represents a $2.01 dividend on an annualized basis and a dividend yield of 4.2%. Brookfield Asset Management’s payout ratio is 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.