Brookfield Renewable Partners (NYSE:BEP) Stock Acquired Rep. Maria Elvira Salazar

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of Brookfield Renewable Partners L.P. (NYSE:BEP). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Brookfield Renewable Partners stock on May 29th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 5/21/2026.
• Purchased $15,001 – $50,000 in shares of Datadog (NASDAQ:DDOG) on 5/19/2026.
• Purchased $1,001 – $15,000 in shares of Datadog (NASDAQ:DDOG) on 5/19/2026.
• Purchased $15,001 – $50,000 in shares of Qualcomm (NASDAQ:QCOM) on 5/13/2026.
• Purchased $1,001 – $15,000 in shares of Qualcomm (NASDAQ:QCOM) on 5/13/2026.
• Sold $1,001 – $15,000 in shares of Sherwin-Williams (NYSE:SHW) on 5/12/2026.
• Purchased $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 5/12/2026.
• Purchased $50,001 – $100,000 in shares of Biogen (NASDAQ:BIIB) on 5/11/2026.
• Sold $1,001 – $15,000 in shares of Whirlpool (NYSE:WHR) on 5/11/2026.
• Purchased $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 5/11/2026.

Brookfield Renewable Partners Trading Down 3.1%

NYSE:BEP traded down $1.14 during midday trading on Wednesday, hitting $35.32. 879,810 shares of the company traded hands, compared to its average volume of 792,697. The firm has a market capitalization of $10.71 billion, a P/E ratio of -113.92 and a beta of 1.09. The firm’s fifty day moving average is $34.68 and its 200-day moving average is $31.22. Brookfield Renewable Partners L.P. has a 12-month low of $24.13 and a 12-month high of $38.12. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.82.

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) last posted its quarterly earnings data on Friday, May 1st. The utilities provider reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates 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 net margin of 8.28% and a return on equity of 1.57%. On average, sell-side analysts predict that Brookfield Renewable Partners L.P. will post -1.53 EPS for the current year.

Brookfield Renewable Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be paid a $0.392 dividend. This represents a $1.57 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, May 29th. Brookfield Renewable Partners’s dividend payout ratio (DPR) is presently -506.45%.

Analysts Set New Price Targets

BEP has been the subject of a number of recent analyst reports. Morgan Stanley boosted their price objective on Brookfield Renewable Partners from $38.00 to $42.00 and gave the company an “overweight” rating in a report on Monday, March 23rd. JPMorgan Chase & Co. boosted their target price on shares of Brookfield Renewable Partners from $34.00 to $40.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. Scotiabank restated an “outperform” rating and issued a $42.00 price target (up from $36.00) on shares of Brookfield Renewable Partners in a report on Friday, May 29th. TD Securities reaffirmed a “buy” rating and issued a $39.00 price target on shares of Brookfield Renewable Partners in a research note on Monday, May 4th. Finally, National Bank Financial lifted their price objective on shares of Brookfield Renewable Partners from $34.00 to $36.00 and gave the company a “sector outperform” rating in a report on Monday, May 4th. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $37.71.

Hedge Funds Weigh In On Brookfield Renewable Partners

Several institutional investors have recently made changes to their positions in BEP. BROOKFIELD Corp ON increased its holdings in shares of Brookfield Renewable Partners by 9.4% in the 4th quarter. BROOKFIELD Corp ON now owns 81,306,719 shares of the utilities provider’s stock valued at $2,192,842,000 after acquiring an additional 6,967,670 shares during the period. State of Wisconsin Investment Board boosted its position in Brookfield Renewable Partners by 128.0% during the fourth quarter. State of Wisconsin Investment Board now owns 4,867,084 shares of the utilities provider’s stock valued at $131,265,000 after purchasing an additional 2,732,542 shares in the last quarter. Bank of Montreal Can grew its stake in Brookfield Renewable Partners by 20.3% in the fourth quarter. Bank of Montreal Can now owns 8,394,947 shares of the utilities provider’s stock valued at $226,859,000 after purchasing an additional 1,415,989 shares during the last quarter. Morgan Stanley raised its holdings in Brookfield Renewable Partners by 41.9% in the fourth quarter. Morgan Stanley now owns 4,029,046 shares of the utilities provider’s stock worth $108,663,000 after purchasing an additional 1,189,130 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in Brookfield Renewable Partners by 340.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,115,743 shares of the utilities provider’s stock worth $30,207,000 after purchasing an additional 862,280 shares in the last quarter. Hedge funds and other institutional investors own 63.16% of the company’s stock.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

Brookfield Renewable Partners Company Profile

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.