Rep. Maria Elvira Salazar Sells Shares of Brookfield Renewable Partners L.P. (NYSE:BEP)

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of Brookfield Renewable Partners L.P. (NYSE:BEP). In a filing disclosed on October 7th, the Representative disclosed that they had sold between $1,001 and $15,000 in Brookfield Renewable Partners stock on September 24th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

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

• Sold $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of RH (NYSE:RH) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 9/24/2026.

Brookfield Renewable Partners Stock Down 0.6%

Shares of Brookfield Renewable Partners stock opened at $29.27 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.87. Brookfield Renewable Partners L.P. has a fifty-two week low of $26.29 and a fifty-two week high of $38.12. The business has a 50-day moving average price of $31.19 and a 200 day moving average price of $33.03. The firm has a market cap of $8.78 billion, a P/E ratio of -63.62 and a beta of 1.10.

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) last posted its quarterly earnings results on Friday, July 31st. The utilities provider reported ($0.37) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.02). The business had revenue of $1.71 billion during the quarter, compared to the consensus estimate of $1.56 billion. Brookfield Renewable Partners had a return on equity of 0.84% and a net margin of 4.50%. On average, sell-side analysts forecast that Brookfield Renewable Partners L.P. will post -1.87 earnings per share for the current fiscal year.

Brookfield Renewable Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Monday, August 31st were issued a $0.3920 dividend. This represents a $1.57 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Monday, August 31st. Brookfield Renewable Partners’s payout ratio is currently -341.30%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BEP. JPMorgan Chase & Co. reissued a “neutral” rating and set a $36.00 price target on shares of Brookfield Renewable Partners in a report on Tuesday, July 21st. Barclays set a $30.00 target price on Brookfield Renewable Partners and gave the stock an “equal weight” rating in a report on Wednesday, July 22nd. Canadian Imperial Bank of Commerce restated an “outperform” rating and issued a $41.00 price objective on shares of Brookfield Renewable Partners in a report on Friday, July 17th. National Bank Financial set a $38.00 price objective on shares of Brookfield Renewable Partners and gave the company an “outperform” rating in a research report on Thursday, October 1st. Finally, Zacks Research upgraded shares of Brookfield Renewable Partners from a “strong sell” rating to a “hold” rating in a report on Friday, August 14th. Ten analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Brookfield Renewable Partners presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.79.

Institutional Trading of Brookfield Renewable Partners

Several large investors have recently modified their holdings of BEP. State of Wisconsin Investment Board lifted its position in shares of 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 acquiring an additional 2,732,542 shares during the period. Bank of Nova Scotia grew its position in Brookfield Renewable Partners by 11.0% in 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 acquiring an additional 114,127 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in shares of 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 acquiring an additional 19,957 shares during the period. Bank of America Corp DE increased its holdings in shares of Brookfield Renewable Partners by 413.2% in 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 purchasing an additional 783,620 shares in the last quarter. Finally, Clearbridge Investments LLC increased its stake in shares of Brookfield Renewable Partners by 1,145.0% in the 4th quarter. Clearbridge Investments LLC now owns 706,237 shares of the utilities provider’s stock valued at $19,047,000 after buying an additional 649,509 shares during the period. 63.16% of the stock is owned by institutional investors.

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 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.