Brookfield Renewable Partners (NYSE:BEP) Stock Gets Price Target Cut from Morgan Stanley

Posted by Francis Steltz on Oct 16th, 2026

Brookfield Renewable Partners (NYSE:BEP – Free Report) (TSE:BEP) had its target price reduced by Morgan Stanley from $42.00 to $37.00 in a report published on Tuesday morning,Benzinga reports. Morgan Stanley currently has an overweight rating on the utilities provider’s stock.

A number of other equities analysts have also commented on BEP. Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $41.00 price target on shares of Brookfield Renewable Partners in a report on Friday, July 17th. BMO Capital Markets set a $41.00 price objective on shares of Brookfield Renewable Partners in a report on Monday, August 17th. National Bank Financial set a $38.00 price objective on shares of Brookfield Renewable Partners and gave the stock an “outperform” rating in a report on Thursday, October 1st. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $36.00 target price on shares of Brookfield Renewable Partners in a research report on Tuesday, July 21st. Finally, Barclays set a $30.00 target price on Brookfield Renewable Partners and gave the company an “equal weight” rating in a research note on Wednesday, July 22nd. Ten analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $37.43.

Check Out Our Latest Analysis on BEP

Brookfield Renewable Partners Stock Performance

Shares of NYSE BEP opened at $28.65 on Tuesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.80 and a quick ratio of 0.80. The business has a 50-day moving average of $30.76 and a 200-day moving average of $32.94. Brookfield Renewable Partners has a 12 month low of $26.30 and a 12 month high of $38.12.

Brookfield Renewable Partners (NYSE:BEP – Get Free Report) (TSE:BEP) last announced its earnings results on Friday, July 31st. The utilities provider reported ($0.37) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.02). Brookfield Renewable Partners had a net margin of 4.50% and a return on equity of 0.84%. The company had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.56 billion. As a group, sell-side analysts expect that Brookfield Renewable Partners will post -1.87 EPS for the current fiscal year.

Brookfield Renewable Partners Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Monday, August 31st were given a $0.3920 dividend. The ex-dividend date was Monday, August 31st. This represents a $1.57 dividend on an annualized basis and a yield of 5.5%. Brookfield Renewable Partners’s payout ratio is presently -341.30%.

Institutional Trading of Brookfield Renewable Partners

Several hedge funds and other institutional investors have recently bought and sold shares of the company. State of Wisconsin Investment Board raised its position in Brookfield Renewable Partners by 128.0% in the 4th quarter. State of Wisconsin Investment Board now owns 4,867,084 shares of the utilities provider’s stock worth $131,265,000 after purchasing an additional 2,732,542 shares during the period. Bank of Nova Scotia boosted its position in Brookfield Renewable Partners by 11.0% during the first quarter. Bank of Nova Scotia now owns 1,148,128 shares of the utilities provider’s stock valued at $37,444,000 after buying an additional 114,127 shares during the period. TD Waterhouse Canada Inc. boosted its position in Brookfield Renewable Partners by 1.9% during the second quarter. TD Waterhouse Canada Inc. now owns 1,072,131 shares of the utilities provider’s stock valued at $36,939,000 after buying an additional 19,957 shares during the period. Oak Grove Capital LLC boosted its position in Brookfield Renewable Partners by 71.8% during the third quarter. Oak Grove Capital LLC now owns 1,202,100 shares of the utilities provider’s stock valued at $33,827,000 after buying an additional 502,300 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of Brookfield Renewable Partners by 413.2% during the first quarter. Bank of America Corp DE now owns 973,260 shares of the utilities provider’s stock valued at $31,767,000 after buying an additional 783,620 shares during the last quarter. Hedge funds and other institutional investors own 63.16% of the company’s stock.

Brookfield Renewable Partners Company Profile

(Get Free Report)

Brookfield Renewable Partners L.P. is a renewable power and energy transition company that owns and operates a diversified portfolio of clean energy assets. Its main activities include generating electricity from hydroelectric, wind and solar facilities, as well as providing energy storage and other decarbonization solutions.

The company serves electricity markets and commercial, industrial and utility customers across North America, South America, Europe and the Asia-Pacific region. In addition to operating renewable power facilities, Brookfield Renewable develops new projects and invests in businesses supporting the transition to lower-carbon energy, including distributed energy and sustainable solutions.

Brookfield Renewable traces its origins to Brookfield Asset Management’s renewable power operations and became publicly listed as Brookfield Renewable Energy Partners in 2011.