Brookfield Business Partners L.P. (NYSE:BBU – Free Report) – Equities researchers at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for Brookfield Business Partners in a research report issued to clients and investors on Sunday, February 2nd. National Bank Financial analyst J. Gloyn forecasts that the business services provider will post earnings per share of $1.28 for the quarter. The consensus estimate for Brookfield Business Partners’ current full-year earnings is $5.26 per share. National Bank Financial also issued estimates for Brookfield Business Partners’ Q2 2025 earnings at $1.25 EPS, Q3 2025 earnings at $1.28 EPS, Q4 2025 earnings at $1.43 EPS and FY2026 earnings at $5.84 EPS.
BBU has been the topic of a number of other reports. Royal Bank of Canada reduced their target price on shares of Brookfield Business Partners from $32.00 to $30.00 and set an “outperform” rating on the stock in a report on Monday. BMO Capital Markets boosted their target price on shares of Brookfield Business Partners from $32.00 to $34.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Finally, Scotiabank lifted their price objective on Brookfield Business Partners from $32.00 to $33.00 and gave the stock a “sector outperform” rating in a research report on Monday. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $32.60.
Brookfield Business Partners Trading Down 2.0 %
Shares of NYSE:BBU opened at $21.51 on Tuesday. The business’s 50 day simple moving average is $23.24 and its 200 day simple moving average is $22.36. The company has a market capitalization of $1.60 billion, a P/E ratio of -43.89 and a beta of 1.50. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.17 and a quick ratio of 0.95. Brookfield Business Partners has a 1 year low of $16.85 and a 1 year high of $26.75.
Brookfield Business Partners (NYSE:BBU – Get Free Report) last issued its earnings results on Friday, January 31st. The business services provider reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $1.33. Brookfield Business Partners had a return on equity of 5.00% and a net margin of 2.20%.
Brookfield Business Partners Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 1.16%. The ex-dividend date is Friday, February 28th. Brookfield Business Partners’s payout ratio is currently -51.02%.
Hedge Funds Weigh In On Brookfield Business Partners
A number of hedge funds have recently added to or reduced their stakes in the stock. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in shares of Brookfield Business Partners by 13.6% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 773,975 shares of the business services provider’s stock valued at $18,145,000 after acquiring an additional 92,413 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Brookfield Business Partners by 29.9% during the 3rd quarter. Principal Financial Group Inc. now owns 117,189 shares of the business services provider’s stock valued at $2,731,000 after purchasing an additional 26,947 shares during the last quarter. Caldwell Investment Management Ltd. bought a new stake in shares of Brookfield Business Partners during the 4th quarter worth $1,731,000. PCJ Investment Counsel Ltd. boosted its holdings in shares of Brookfield Business Partners by 14.2% in the 3rd quarter. PCJ Investment Counsel Ltd. now owns 1,518,892 shares of the business services provider’s stock worth $35,528,000 after buying an additional 188,743 shares during the last quarter. Finally, Toronto Dominion Bank grew its position in Brookfield Business Partners by 12,276.3% during the third quarter. Toronto Dominion Bank now owns 260,769 shares of the business services provider’s stock valued at $6,076,000 after buying an additional 258,662 shares during the period. Institutional investors and hedge funds own 85.04% of the company’s stock.
Brookfield Business Partners Company Profile
Brookfield Business Partners L.P. is a private equity firm specializing in acquisition. The firm typically invests in business services, infrastructure services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments.
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