Carnegie Lake Advisors LLC Has $3.45 Million Position in Brookfield Corporation $BN

Posted by George Bondi on May 29th, 2026

Carnegie Lake Advisors LLC boosted its stake in shares of Brookfield Corporation (NYSE:BN – Free Report) by 63.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,209 shares of the company’s stock after acquiring an additional 29,119 shares during the quarter. Brookfield accounts for 1.3% of Carnegie Lake Advisors LLC’s portfolio, making the stock its 17th largest position. Carnegie Lake Advisors LLC’s holdings in Brookfield were worth $3,451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in 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 acquiring an additional 31,543,313 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Brookfield by 8,784.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,747,973 shares of the company’s stock valued at $860,344,000 after acquiring an additional 18,536,964 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Brookfield by 27.9% in the fourth quarter. Principal Financial Group Inc. now owns 65,050,624 shares of the company’s stock valued at $2,985,224,000 after acquiring an additional 14,200,710 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Brookfield by 61.0% in the fourth quarter. Geode Capital Management LLC now owns 19,679,423 shares of the company’s stock valued at $913,592,000 after acquiring an additional 7,459,189 shares during the last quarter. Finally, Lone Pine Capital LLC boosted its holdings in Brookfield by 81.1% in the third quarter. Lone Pine Capital LLC now owns 10,181,348 shares of the company’s stock valued at $698,237,000 after acquiring an additional 4,559,963 shares during the last quarter. 61.60% of the stock is currently owned by institutional investors and hedge funds.

Brookfield Price Performance

Shares of BN opened at $46.09 on Friday. The company has a current ratio of 1.32, a quick ratio of 1.20 and a debt-to-equity ratio of 1.54. Brookfield Corporation has a 1 year low of $37.83 and a 1 year high of $49.56. The stock has a market cap of $112.95 billion, a P/E ratio of 90.36 and a beta of 1.55. The stock’s 50-day moving average price is $43.70 and its two-hundred day moving average price is $44.89.

Brookfield Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, June 15th. Brookfield’s payout ratio is 54.90%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on BN shares. TD raised their target price on Brookfield from $59.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, May 19th. JPMorgan Chase & Co. raised their target price on Brookfield from $60.00 to $62.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Wall Street Zen upgraded Brookfield from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. TD Securities restated a “buy” rating and set a $60.00 target price on shares of Brookfield in a report on Tuesday, May 19th. Finally, Scotia raised their target price on Brookfield from $48.50 to $53.00 and gave the stock a “sector outperform” rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $56.82.

Check Out Our Latest Research Report on Brookfield

Brookfield Profile

(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.