Cannell & Spears LLC Has $109.28 Million Stake in Brookfield Corporation $BN

Posted by George Bondi on Jul 25th, 2026

Cannell & Spears LLC raised its position in Brookfield Corporation (NYSE:BN – Free Report) by 1.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,702,625 shares of the company’s stock after buying an additional 42,859 shares during the period. Brookfield accounts for about 2.2% of Cannell & Spears LLC’s investment portfolio, making the stock its 8th biggest position. Cannell & Spears LLC’s holdings in Brookfield were worth $109,278,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in BN. Florida Trust Wealth Management Co boosted its stake in Brookfield by 49.0% in the fourth quarter. Florida Trust Wealth Management Co now owns 1,176,417 shares of the company’s stock worth $53,986,000 after purchasing an additional 387,068 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Brookfield by 52.1% in the fourth quarter. Vanguard Group Inc. now owns 92,103,120 shares of the company’s stock valued at $4,228,915,000 after buying an additional 31,543,313 shares in the last quarter. Lincluden Management Ltd. increased its stake in shares of Brookfield by 44.2% in the fourth quarter. Lincluden Management Ltd. now owns 763,376 shares of the company’s stock valued at $35,031,000 after buying an additional 233,997 shares in the last quarter. Baskin Financial Services Inc. raised its holdings in shares of Brookfield by 48.9% in the fourth quarter. Baskin Financial Services Inc. now owns 1,353,889 shares of the company’s stock valued at $62,149,000 after buying an additional 444,872 shares during the last quarter. Finally, Cardinal Capital Management Inc. raised its holdings in shares of Brookfield by 42.2% in the fourth quarter. Cardinal Capital Management Inc. now owns 3,077,748 shares of the company’s stock valued at $141,238,000 after buying an additional 913,603 shares during the last quarter. 61.60% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BN has been the topic of a number of research analyst reports. Scotiabank reissued an “outperform” rating and set a $53.00 price objective (up from $48.50) on shares of Brookfield in a report on Friday, May 15th. National Bank Financial boosted 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. JPMorgan Chase & Co. upped their target price on shares of Brookfield from $60.00 to $62.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Brookfield in a report on Wednesday, June 24th. Finally, TD boosted their price objective on shares of Brookfield from $59.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $56.64.

Read Our Latest Research Report on Brookfield

Brookfield Price Performance

Shares of BN stock opened at $41.69 on Friday. The firm has a market cap of $102.18 billion, a price-to-earnings ratio of 81.74 and a beta of 1.54. Brookfield Corporation has a 12 month low of $37.93 and a 12 month high of $49.56. The company has a quick ratio of 1.20, a current ratio of 1.32 and a debt-to-equity ratio of 1.54. The stock has a 50-day moving average price of $44.12 and a 200 day moving average price of $44.34.

Brookfield Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, June 15th. Brookfield’s payout ratio is 54.90%.

About Brookfield

(Free Report)

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.