Rep. Maria Elvira Salazar Acquires 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 $1,001 and $15,000 in Brookfield Renewable Partners stock on June 2nd. 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 $15,001 – $50,000 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 6/4/2026.
• Purchased $1,001 – $15,000 in shares of Brookfield Renewable Partners (NYSE:BEP) on 6/3/2026.
• 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 Stock Up 1.4%

BEP stock opened at $33.38 on Thursday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.82. The firm has a 50 day simple moving average of $34.95 and a 200-day simple moving average of $32.14. The company has a market capitalization of $10.07 billion, a P/E ratio of -107.66 and a beta of 1.10. Brookfield Renewable Partners L.P. has a twelve month low of $24.13 and a twelve month high of $38.12.

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

Brookfield Renewable Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th were given a dividend of $0.392 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.57 dividend on an annualized basis and a dividend yield of 4.7%. Brookfield Renewable Partners’s dividend payout ratio (DPR) is presently -506.45%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Scotiabank reissued an “outperform” rating and issued a $42.00 target price (up from $36.00) on shares of Brookfield Renewable Partners in a research report on Friday, May 29th. TD Securities reaffirmed a “buy” rating and set a $39.00 price target on shares of Brookfield Renewable Partners in a research report on Monday, May 4th. UBS Group reiterated a “buy” rating and issued a $40.00 price target (up from $39.00) on shares of Brookfield Renewable Partners in a research note on Friday, June 12th. Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $40.00 price objective (up from $37.00) on shares of Brookfield Renewable Partners in a research note on Monday, April 20th. Finally, National Bank Financial increased their target price on Brookfield Renewable Partners from $36.00 to $39.00 and gave the stock an “outperform” rating in a report on Thursday, June 11th. Eleven investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $38.00.

Hedge Funds Weigh In On Brookfield Renewable Partners

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kelleher Financial Advisors bought a new stake in Brookfield Renewable Partners during the 3rd quarter valued at $26,000. Russell Investments Group Ltd. bought a new position in shares of Brookfield Renewable Partners in the second quarter worth $34,000. CENTRAL TRUST Co bought a new position in shares of Brookfield Renewable Partners in the first quarter worth $55,000. Triumph Capital Management bought a new position in shares of Brookfield Renewable Partners in the third quarter worth $55,000. Finally, Global Retirement Partners LLC increased its holdings in shares of Brookfield Renewable Partners by 284.5% during the fourth quarter. Global Retirement Partners LLC now owns 2,207 shares of the utilities provider’s stock valued at $60,000 after purchasing an additional 1,633 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.

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.