Brookfield Business (NYSE:BBUC) Stock Dropped to “Hold” by Royal Bank Of Canada

Royal Bank Of Canada lowered shares of Brookfield Business (NYSE:BBUC) from a moderate buy rating to a hold rating in a research report sent to investors on Friday morning, Marketbeat reports. The firm currently has $34.00 price target on the stock.

Several other research firms have also recently weighed in on BBUC. Weiss Ratings raised Brookfield Business from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, September 25th. Wall Street Zen lowered shares of Brookfield Business from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. RBC Dominion Securities decreased their price target on shares of Brookfield Business from $40.00 to $34.00 and set an “outperform” rating for the company in a report on Thursday, October 15th. TD Cowen lowered their price objective on shares of Brookfield Business from $32.00 to $29.00 and set a “hold” rating on the stock in a research report on Monday, October 12th. Finally, National Bank Financial lowered their price objective on shares of Brookfield Business from $42.00 to $38.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 28th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Brookfield Business currently has an average rating of “Hold” and a consensus target price of $36.17.

Brookfield Business Stock Down 2.0%

Shares of BBUC stock traded down $0.61 on Friday, reaching $29.63. 545,962 shares of the company’s stock traded hands, compared to its average volume of 322,954. Brookfield Business has a 12-month low of $24.80 and a 12-month high of $38.25. The company has a debt-to-equity ratio of 2.92, a quick ratio of 1.22 and a current ratio of 1.44. The company has a market capitalization of $6.09 billion, a P/E ratio of -1,481.55 and a beta of 1.32. The business’s 50 day moving average price is $26.93 and its two-hundred day moving average price is $31.13.

Brookfield Business (NYSE:BBUC) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $1.25 by ($1.16). Brookfield Business had a net margin of 1.13% and a return on equity of 2.05%. On average, equities analysts forecast that Brookfield Business will post 5.31 earnings per share for the current year.

Brookfield Business Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Monday, November 30th will be paid a $0.0625 dividend. The ex-dividend date is Monday, November 30th. This represents a $0.25 dividend on an annualized basis and a yield of 0.8%. Brookfield Business’s payout ratio is -64.10%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Private Management Group Inc. bought a new position in shares of Brookfield Business during the 3rd quarter valued at $31,873,000. State Street Corp acquired a new position in Brookfield Business during the second quarter worth $29,617,000. Beutel Goodman & Co Ltd. acquired a new position in Brookfield Business during the third quarter worth $22,301,000. TD Waterhouse Canada Inc. acquired a new position in Brookfield Business during the second quarter worth $23,247,000. Finally, Cardinal Point Capital Management ULC raised its holdings in Brookfield Business by 0.6% during the third quarter. Cardinal Point Capital Management ULC now owns 357,043 shares of the company’s stock valued at $9,112,000 after buying an additional 2,073 shares in the last quarter. Institutional investors and hedge funds own 85.04% of the company’s stock.

Brookfield Business News Summary

Here are the key news stories impacting Brookfield Business this week:

• Positive Sentiment: Brookfield Business said it swung to a profit in Q3, with revenue and EBITDA higher year over year. Revenue was reported at $6.99 billion. Third-quarter 2026 results
• Neutral Sentiment: The company declared a quarterly dividend of $0.0625 per share, payable December 31 to shareholders of record November 30. The annualized dividend is $0.25, a yield of about 0.8%.
• Negative Sentiment: RBC downgraded BBUC from Outperform to Sector Perform, citing “limited relative upside.” Its $34 price target remains above the referenced $29.63 share price, implying about 14.7% upside, but the rating cut is a negative sentiment signal. RBC rating change
• Negative Sentiment: Q3 earnings per share came in at $0.09, missing the $1.25 consensus estimate by $1.16. Despite the reported return to profit and stronger operating metrics, the sharp EPS shortfall is likely a concern for investors. Q3 earnings and EPS miss

About Brookfield Business

Brookfield Business Corporation (NYSE: BBUC) is a publicly traded corporation that provides investors with an interest in the operations of Brookfield Business Partners, a global owner and operator of business services, infrastructure services and industrial companies. BBUC’s shares are designed to provide economic exposure substantially equivalent to units of Brookfield Business Partners L.P., while offering a corporate share structure.

Through its portfolio companies, Brookfield Business Partners is involved in essential and often service-oriented activities, including healthcare services, construction and infrastructure services, industrial operations, energy-related businesses and other business services.