Clearstead Trust LLC Takes Position in Brookfield Corporation $BN

Clearstead Trust LLC purchased a new stake in shares of Brookfield Corporation (NYSE:BN) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 24,121 shares of the company’s stock, valued at approximately $1,027,000.

Several other institutional investors and hedge funds also recently bought and sold shares of BN. AQR Capital Management LLC boosted its holdings in shares of Brookfield by 147.5% in the first quarter. AQR Capital Management LLC now owns 18,571 shares of the company’s stock worth $963,000 after acquiring an additional 11,069 shares during the period. NewEdge Advisors LLC raised its stake in shares of Brookfield by 13.5% during the 1st quarter. NewEdge Advisors LLC now owns 2,488 shares of the company’s stock valued at $130,000 after purchasing an additional 295 shares during the period. Sivia Capital Partners LLC lifted its holdings in Brookfield by 32.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,714 shares of the company’s stock worth $353,000 after purchasing an additional 1,396 shares in the last quarter. AXA S.A. lifted its holdings in Brookfield by 42.2% during the 2nd quarter. AXA S.A. now owns 103,531 shares of the company’s stock worth $6,403,000 after purchasing an additional 30,703 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its stake in Brookfield by 29.6% in the 2nd quarter. Squarepoint Ops LLC now owns 25,502 shares of the company’s stock worth $1,577,000 after purchasing an additional 5,821 shares during the period. 61.60% of the stock is owned by institutional investors.

Key Stories Impacting Brookfield

Here are the key news stories impacting Brookfield this week:

• Positive Sentiment: Analysts raised their outlook. TD increased its price target from $60 to $61 and assigned a “buy” rating, implying approximately 40% upside. Scotiabank also raised its target from $53 to $54 and reiterated a “sector outperform” rating, implying roughly 24% upside. BayStreet analyst ratings
• Positive Sentiment: Underlying earnings and fundraising were strong. Second-quarter distributable earnings per share rose 15% to $0.66, exceeding the $0.62 consensus estimate. Brookfield reported record quarterly fundraising of $77 billion, $672 billion of fee-bearing capital and a record $210 billion of deployable capital. Fee-related earnings increased 20%, while Wealth Solutions earnings rose 23%. Brookfield second-quarter earnings release
• Positive Sentiment: Capital returns and strategic expansion provide support. Brookfield repurchased approximately $580 million of Class A shares year to date at an average price of $42, completed the Oaktree and Just Group acquisitions, and declared a quarterly dividend of $0.07 per share payable September 29, 2026.
• Neutral Sentiment: Corporate simplification remains an important watch item. Shareholders approved a transaction converting existing shares into New BN shares by jurisdiction. The change may ultimately streamline the structure, but investors are assessing implementation, tax considerations and the integration of recent acquisitions.
• Negative Sentiment: Reported net income declined. Consolidated net income fell to $703 million from $1.055 billion a year earlier, although net income attributable to Brookfield shareholders increased to $364 million from $272 million. The mixed results may have encouraged profit-taking after the earnings release, particularly because strong growth and fundraising may already have been reflected in the valuation.

Brookfield Price Performance

Shares of NYSE BN opened at $43.83 on Friday. The stock’s 50-day simple moving average is $43.63 and its two-hundred day simple moving average is $43.95. Brookfield Corporation has a twelve month low of $37.93 and a twelve month high of $49.56. The firm has a market capitalization of $107.46 billion, a P/E ratio of 79.69 and a beta of 1.54. The company has a quick ratio of 1.20, a current ratio of 1.32 and a debt-to-equity ratio of 1.54.

Brookfield (NYSE:BN) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.62 by $0.04. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.66 billion. Brookfield had a return on equity of 3.94% and a net margin of 1.85%. As a group, equities analysts anticipate that Brookfield Corporation will post 2.99 EPS for the current fiscal year.

Brookfield Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Monday, September 14th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Monday, September 14th. Brookfield’s payout ratio is currently 50.91%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BN. National Bank Financial lifted their target price on Brookfield from $58.00 to $60.00 and gave the company an “outperform” rating in a report on Friday, May 15th. TD Securities reissued a “buy” rating and issued a $60.00 price target on shares of Brookfield in a report on Tuesday, May 19th. Royal Bank Of Canada cut their price objective on shares of Brookfield from $63.00 to $61.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. Scotia upped their target price on shares of Brookfield from $53.00 to $54.00 and gave the stock a “sector outperform” rating in a report on Friday. Finally, Scotiabank reiterated an “outperform” rating and issued a $54.00 target price (up from $53.00) on shares of Brookfield in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $56.91.

Brookfield Profile

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.