BBU Q3 EPS Forecast Raised by National Bank Financial

Brookfield Business Partners L.P. (NYSE:BBU - Free Report) - Equities research analysts at National Bank Financial upped their Q3 2025 earnings per share estimates for Brookfield Business Partners in a note issued to investors on Tuesday, April 29th. National Bank Financial analyst J. Gloyn now forecasts that the business services provider will earn $1.29 per share for the quarter, up from their previous estimate of $1.28. The consensus estimate for Brookfield Business Partners' current full-year earnings is $5.25 per share.

Brookfield Business Partners (NYSE:BBU - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The business services provider reported $1.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $1.33. Brookfield Business Partners had a return on equity of 5.09% and a net margin of 2.20%.

BBU has been the topic of a number of other reports. Royal Bank of Canada cut their price objective on shares of Brookfield Business Partners from $32.00 to $30.00 and set an "outperform" rating on the stock in a report on Monday, February 3rd. Scotiabank cut their target price on shares of Brookfield Business Partners from $33.00 to $29.00 and set a "sector outperform" rating for the company in a research report on Thursday, April 24th. BMO Capital Markets increased their price objective on Brookfield Business Partners from $32.00 to $34.00 and gave the stock an "outperform" rating in a report on Friday, January 10th. National Bankshares reduced their price target on shares of Brookfield Business Partners from $36.00 to $32.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Finally, CIBC dropped their price objective on shares of Brookfield Business Partners from $34.00 to $30.00 and set an "outperformer" rating for the company in a report on Monday, April 28th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Brookfield Business Partners presently has an average rating of "Buy" and a consensus price target of $31.00.

Brookfield Business Partners Trading Down 0.7 %

BBU stock traded down $0.15 during mid-day trading on Thursday, reaching $21.53. The company's stock had a trading volume of 3,758 shares, compared to its average volume of 15,135. The company has a current ratio of 0.50, a quick ratio of 0.39 and a debt-to-equity ratio of 2.12. The business's 50 day moving average price is $22.29 and its 200 day moving average price is $23.07. The company has a market cap of $1.92 billion, a price-to-earnings ratio of -43.85 and a beta of 1.34. Brookfield Business Partners has a 12 month low of $16.85 and a 12 month high of $26.75.

Institutional Trading of Brookfield Business Partners

Several hedge funds have recently bought and sold shares of the stock. Intact Investment Management Inc. boosted its holdings in Brookfield Business Partners by 52.6% during the 4th quarter. Intact Investment Management Inc. now owns 2,900 shares of the business services provider's stock valued at $68,000 after acquiring an additional 1,000 shares during the period. BBR Partners LLC purchased a new stake in Brookfield Business Partners during the fourth quarter valued at approximately $241,000. Bank of New York Mellon Corp increased its position in Brookfield Business Partners by 8.9% during the 4th quarter. Bank of New York Mellon Corp now owns 17,724 shares of the business services provider's stock valued at $415,000 after buying an additional 1,448 shares in the last quarter. Gold Investment Management Ltd. lifted its stake in shares of Brookfield Business Partners by 3.2% during the fourth quarter. Gold Investment Management Ltd. now owns 32,518 shares of the business services provider's stock worth $767,000 after buying an additional 1,017 shares during the period. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of Brookfield Business Partners by 2.8% in the fourth quarter. The Manufacturers Life Insurance Company now owns 41,794 shares of the business services provider's stock valued at $987,000 after purchasing an additional 1,146 shares during the period. Hedge funds and other institutional investors own 85.04% of the company's stock.

Brookfield Business Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $0.0625 per share. The ex-dividend date is Friday, May 30th. This represents a $0.25 annualized dividend and a dividend yield of 1.16%. Brookfield Business Partners's payout ratio is -51.02%.

About Brookfield Business Partners

Brookfield Business Partners L.P. is a private equity firm specializing in acquisition. The firm typically invests in business services, infrastructure services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments.