Brookfield Renewable Partners (NYSE:BEP) Stock Sale Disclosed by Rep. Maria Elvira Salazar

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 Up 0.8%

BEP opened at $29.53 on Friday. The stock’s fifty day simple moving average is $31.12 and its 200 day simple moving average is $33.01. Brookfield Renewable Partners L.P. has a 1-year low of $26.29 and a 1-year high of $38.12. The stock has a market cap of $8.86 billion, a PE ratio of -64.19 and a beta of 1.10. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.87.

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) last released its quarterly earnings data on Friday, July 31st. The utilities provider reported ($0.37) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.02). The company had revenue of $1.71 billion during the quarter, compared to analyst estimates of $1.56 billion. Brookfield Renewable Partners had a net margin of 4.50% and a return on equity of 0.84%. As a group, research analysts expect that Brookfield Renewable Partners L.P. will post -1.87 earnings per share for the current year.

Brookfield Renewable Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Monday, August 31st were paid a $0.3920 dividend. This represents a $1.57 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date was Monday, August 31st. Brookfield Renewable Partners’s dividend payout ratio is -341.30%.

Hedge Funds Weigh In On Brookfield Renewable Partners

Hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its stake in 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. Groupe la Francaise lifted its holdings in shares of Brookfield Renewable Partners by 194.5% during the 1st quarter. Groupe la Francaise now owns 159,894 shares of the utilities provider’s stock worth $5,214,000 after acquiring an additional 105,599 shares during the period. Bank of Nova Scotia lifted its holdings in shares of Brookfield Renewable Partners by 11.0% during the 1st quarter. Bank of Nova Scotia now owns 1,148,128 shares of the utilities provider’s stock worth $37,444,000 after acquiring an additional 114,127 shares during the period. TD Waterhouse Canada Inc. boosted its position in shares of Brookfield Renewable Partners by 1.9% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,072,131 shares of the utilities provider’s stock worth $36,939,000 after acquiring an additional 19,957 shares in the last quarter. Finally, State of Wisconsin Investment Board boosted its position in shares of Brookfield Renewable Partners by 128.0% during 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 in the last quarter. Institutional investors own 63.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on BEP shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Brookfield Renewable Partners in a research note on Monday, September 21st. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $41.00 target price on shares of Brookfield Renewable Partners in a research note on Friday, July 17th. National Bank Financial set a $38.00 price objective on Brookfield Renewable Partners and gave the company an “outperform” rating in a report on Thursday, October 1st. UBS Group reiterated a “buy” rating and set a $34.00 price objective (down from $40.00) on shares of Brookfield Renewable Partners in a research report on Thursday, October 1st. Finally, 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. Ten analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Brookfield Renewable Partners has a consensus rating of “Moderate Buy” and an average target price of $37.79.

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.