Northwestern Mutual Wealth Management Co. Has $3.19 Million Position in Brookfield Renewable Partners L.P. $BEP

Posted by Geri Gentry on May 26th, 2026

Northwestern Mutual Wealth Management Co. increased its holdings in Brookfield Renewable Partners L.P. (NYSE:BEP – Free Report) (TSE:BEP) by 4,675.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 116,141 shares of the utilities provider’s stock after buying an additional 113,709 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Brookfield Renewable Partners were worth $3,191,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Allworth Financial LP raised its position in Brookfield Renewable Partners by 9.5% in the fourth quarter. Allworth Financial LP now owns 8,645 shares of the utilities provider’s stock worth $233,000 after purchasing an additional 750 shares in the last quarter. SFE Investment Counsel raised its position in Brookfield Renewable Partners by 3.9% in the fourth quarter. SFE Investment Counsel now owns 66,045 shares of the utilities provider’s stock worth $1,781,000 after purchasing an additional 2,508 shares in the last quarter. Principal Financial Group Inc. raised its position in Brookfield Renewable Partners by 1.8% in the fourth quarter. Principal Financial Group Inc. now owns 10,305,148 shares of the utilities provider’s stock worth $277,930,000 after purchasing an additional 177,599 shares in the last quarter. Intact Investment Management Inc. raised its position in Brookfield Renewable Partners by 45.3% in the fourth quarter. Intact Investment Management Inc. now owns 1,156,587 shares of the utilities provider’s stock worth $31,253,000 after purchasing an additional 360,820 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its position in Brookfield Renewable Partners by 6.6% in the fourth quarter. Sanctuary Advisors LLC now owns 63,723 shares of the utilities provider’s stock worth $1,719,000 after purchasing an additional 3,931 shares in the last quarter. Institutional investors and hedge funds own 63.16% of the company’s stock.

Brookfield Renewable Partners Price Performance

Shares of Brookfield Renewable Partners stock opened at $35.53 on Tuesday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $10.77 billion, a price-to-earnings ratio of -114.60 and a beta of 1.06. Brookfield Renewable Partners L.P. has a 1-year low of $22.84 and a 1-year high of $35.97. The firm’s 50-day moving average price is $33.38 and its two-hundred day moving average price is $30.62.

Brookfield Renewable Partners (NYSE:BEP – Get Free Report) (TSE:BEP) last issued its quarterly earnings data on Friday, May 1st. The utilities provider reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.36) by ($0.04). The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. Brookfield Renewable Partners had a return on equity of 1.57% and a net margin of 8.28%. On average, equities analysts predict that Brookfield Renewable Partners L.P. will post -1.38 earnings per share for the current fiscal year.

Brookfield Renewable Partners Dividend Announcement

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 paid a dividend of $0.392 per share. This represents a $1.57 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, May 29th. Brookfield Renewable Partners’s dividend payout ratio is currently -506.45%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. TD increased their price target on shares of Brookfield Renewable Partners from $38.00 to $39.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $40.00 price target (up from $37.00) on shares of Brookfield Renewable Partners in a research report on Monday, April 20th. JPMorgan Chase & Co. increased their price target on shares of Brookfield Renewable Partners from $34.00 to $40.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. National Bank Financial increased their price target on shares of Brookfield Renewable Partners from $34.00 to $36.00 and gave the stock a “sector outperform” rating in a research report on Monday, May 4th. Finally, Wall Street Zen lowered shares of Brookfield Renewable Partners from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 10th. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $37.21.

Read Our Latest Analysis on Brookfield Renewable Partners

About Brookfield Renewable Partners

(Free Report)

Brookfield Renewable Partners L.P. is a leading global owner, operator and developer of renewable power assets. Listed on the New York Stock Exchange under the ticker BEP, the partnership focuses on generating clean electricity from a diversified mix of hydroelectric, wind, solar and energy storage facilities. As part of the Brookfield Asset Management group, Brookfield Renewable leverages a long-term, asset-backed approach to investing in sustainable energy projects that support the transition to a low-carbon economy.

The company’s platform encompasses approximately 23,000 megawatts of installed capacity across four continents.