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

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of Brookfield Renewable Partners L.P. (NYSE:BEP). In a filing disclosed on July 07th, the Representative disclosed that they had bought between $15,001 and $50,000 in Brookfield Renewable Partners stock on June 4th. The trade occurred in the Representative’s “UBS BROKERAGE ACCOUNT” account.

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

• Purchased $15,001 – $50,000 in shares of Voyager Technologies (NYSE:VOYG) on 6/15/2026.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 6/4/2026.
• Purchased $1,001 – $15,000 in shares of Brookfield Renewable Partners (NYSE:BEP) on 6/4/2026.
• Purchased $1,001 – $15,000 in shares of Brookfield Renewable Partners (NYSE:BEP) on 6/3/2026.
• Purchased $1,001 – $15,000 in shares of Brookfield Renewable Partners (NYSE:BEP) on 6/2/2026.
• Purchased $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 6/2/2026.
• Sold $15,001 – $50,000 in shares of Biogen (NASDAQ:BIIB) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Brookfield Renewable Partners (NYSE:BEP) on 5/29/2026.
• 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.

Brookfield Renewable Partners Trading Up 1.4%

Shares of BEP opened at $33.38 on Thursday. The stock has a fifty day moving average of $34.95 and a two-hundred day moving average of $32.14. Brookfield Renewable Partners L.P. has a fifty-two week low of $24.13 and a fifty-two week high of $38.12. The company has a market capitalization of $10.07 billion, a PE ratio of -107.66 and a beta of 1.10. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.75 and a current ratio of 0.75.

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) last posted its quarterly earnings data on Saturday, May 2nd. The utilities provider reported ($0.40) EPS for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.04). The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. Brookfield Renewable Partners had a net margin of 8.28% and a return on equity of 1.57%. As a group, analysts forecast that Brookfield Renewable Partners L.P. will post -1.53 EPS for the current year.

Brookfield Renewable Partners Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th were paid a $0.392 dividend. This represents a $1.57 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Friday, May 29th. Brookfield Renewable Partners’s payout ratio is presently -506.45%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Scotiabank reissued an “outperform” rating and issued a $42.00 price objective (up from $36.00) on shares of Brookfield Renewable Partners in a research report on Friday, May 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Brookfield Renewable Partners in a report on Wednesday, June 24th. JPMorgan Chase & Co. boosted their price objective on Brookfield Renewable Partners from $34.00 to $40.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. National Bank Financial increased their target price on Brookfield Renewable Partners from $36.00 to $39.00 and gave the company an “outperform” rating in a research note on Thursday, June 11th. Finally, Zacks Research lowered Brookfield Renewable Partners from a “hold” rating to a “strong sell” rating in a research report on Friday, July 3rd. Eleven equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $38.00.

Institutional Trading of Brookfield Renewable Partners

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Ovata Capital Management Ltd bought a new position in Brookfield Renewable Partners during the third quarter worth $4,511,000. Principal Financial Group Inc. lifted its holdings in shares of Brookfield Renewable Partners by 1.8% in the 4th quarter. Principal Financial Group Inc. now owns 10,305,148 shares of the utilities provider’s stock worth $277,930,000 after purchasing an additional 177,599 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in Brookfield Renewable Partners in the third quarter valued at $19,944,000. Bank of Montreal Can boosted its holdings in shares of Brookfield Renewable Partners by 6.5% during the third quarter. Bank of Montreal Can now owns 6,978,958 shares of the utilities provider’s stock valued at $179,837,000 after acquiring an additional 428,446 shares during the period. Finally, Intact Investment Management Inc. grew its position in shares of Brookfield Renewable Partners by 45.3% during the fourth quarter. Intact Investment Management Inc. now owns 1,156,587 shares of the utilities provider’s stock worth $31,253,000 after acquiring an additional 360,820 shares during the last quarter. 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.

About Brookfield Renewable Partners

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.