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

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of Brookfield Renewable Partners L.P. (NYSE:BEP). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Brookfield Renewable Partners stock on May 29th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

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

• 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.
• Purchased $1,001 – $15,000 in shares of Datadog (NASDAQ:DDOG) on 5/19/2026.
• Purchased $15,001 – $50,000 in shares of Qualcomm (NASDAQ:QCOM) on 5/13/2026.
• Purchased $1,001 – $15,000 in shares of Qualcomm (NASDAQ:QCOM) on 5/13/2026.
• Sold $1,001 – $15,000 in shares of Sherwin-Williams (NYSE:SHW) on 5/12/2026.
• Purchased $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 5/12/2026.
• Purchased $50,001 – $100,000 in shares of Biogen (NASDAQ:BIIB) on 5/11/2026.
• Sold $1,001 – $15,000 in shares of Whirlpool (NYSE:WHR) on 5/11/2026.
• Purchased $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 5/11/2026.

Brookfield Renewable Partners Price Performance

Brookfield Renewable Partners stock traded down $1.14 during mid-day trading on Wednesday, reaching $35.32. The company had a trading volume of 859,980 shares, compared to its average volume of 792,517. 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 current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.82. The company has a market cap of $10.71 billion, a P/E ratio of -113.92 and a beta of 1.09. The business has a fifty day simple moving average of $34.61 and a 200 day simple moving average of $31.17.

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) last issued its earnings results on Friday, May 1st. The utilities provider reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates 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 year.

Brookfield Renewable Partners Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be given a $0.392 dividend. The ex-dividend date is Friday, May 29th. This represents a $1.57 dividend on an annualized basis and a yield of 4.4%. Brookfield Renewable Partners’s dividend payout ratio (DPR) is currently -506.45%.

Hedge Funds Weigh In On Brookfield Renewable Partners

A number of hedge funds have recently modified their holdings of BEP. Kelleher Financial Advisors acquired a new position in shares of Brookfield Renewable Partners during the third quarter worth $26,000. Russell Investments Group Ltd. acquired a new position in shares of Brookfield Renewable Partners during the second quarter worth $34,000. Triumph Capital Management bought a new position in Brookfield Renewable Partners during the third quarter worth $55,000. CENTRAL TRUST Co bought a new position in Brookfield Renewable Partners during the first quarter worth $55,000. Finally, Global Retirement Partners LLC raised its stake in 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 worth $60,000 after buying an additional 1,633 shares during the last quarter. Institutional investors and hedge funds own 63.16% of the company’s stock.

Analysts Set New Price Targets

BEP has been the topic of a number of research analyst reports. Morgan Stanley raised their target price on shares of Brookfield Renewable Partners from $38.00 to $42.00 and gave the company an “overweight” rating in a research report on Monday, March 23rd. National Bank Financial raised their target price on shares of Brookfield Renewable Partners from $34.00 to $36.00 and gave the company a “sector outperform” rating in a research report on Monday, May 4th. Zacks Research lowered shares of Brookfield Renewable Partners from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $40.00 price target (up from $37.00) on shares of Brookfield Renewable Partners in a report on Monday, April 20th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Brookfield Renewable Partners from $34.00 to $40.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $37.71.

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 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.