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

Key Points

• Rep. Maria Elvira Salazar sold Brookfield Renewable Partners (BEP) shares valued between $1,001 and $15,000 on September 24, alongside similarly sized sales of shares in 10 other companies.
• BEP shares opened at $29.27, down 0.6%, and recently traded well below their 12-month high of $38.12. The company reported quarterly revenue above estimates but missed the consensus earnings-per-share forecast.
• Brookfield Renewable paid a quarterly dividend of $0.392 per share, representing a 5.4% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $37.79.

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 Down 0.6%

Shares of BEP stock opened at $29.27 on Friday. Brookfield Renewable Partners L.P. has a 12-month low of $26.29 and a 12-month high of $38.12. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.87. The firm has a fifty day moving average of $31.19 and a 200-day moving average of $33.03. The company has a market capitalization of $8.78 billion, a price-to-earnings ratio of -63.62 and a beta of 1.10.

Brookfield Renewable Partners (NYSE:BEP - Get Free Report) TSE: BEP last posted 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 the consensus estimate 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, equities research analysts predict that Brookfield Renewable Partners L.P. will post -1.87 earnings per share for the current fiscal year.

Brookfield Renewable Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Monday, August 31st were given a dividend of $0.3920 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $1.57 annualized dividend and a dividend yield of 5.4%. Brookfield Renewable Partners's dividend payout ratio is currently -341.30%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on BEP shares. Zacks Research raised Brookfield Renewable Partners from a "strong sell" rating to a "hold" rating in a research report on Friday, August 14th. JPMorgan Chase & Co. restated a "neutral" rating and issued a $36.00 target price on shares of Brookfield Renewable Partners in a research note on Tuesday, July 21st. UBS Group reaffirmed a "buy" rating and set a $34.00 price target (down from $40.00) on shares of Brookfield Renewable Partners in a research note on Thursday, October 1st. Weiss Ratings reiterated a "hold (c-)" rating on shares of Brookfield Renewable Partners in a report on Monday, September 21st. Finally, National Bank Financial set a $38.00 price objective on shares of Brookfield Renewable Partners and gave the stock an "outperform" rating in a research report on Thursday, October 1st. Ten investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, Brookfield Renewable Partners presently has a consensus rating of "Moderate Buy" and an average target price of $37.79.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. State of Wisconsin Investment Board raised its stake 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 purchasing an additional 2,732,542 shares in the last quarter. Bank of Nova Scotia increased its holdings in Brookfield Renewable Partners by 11.0% during the first quarter. Bank of Nova Scotia now owns 1,148,128 shares of the utilities provider's stock worth $37,444,000 after buying an additional 114,127 shares during the last quarter. TD Waterhouse Canada Inc. raised its position in Brookfield Renewable Partners by 1.9% during the second 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. Bank of America Corp DE raised its position in Brookfield Renewable Partners by 413.2% during the first quarter. Bank of America Corp DE now owns 973,260 shares of the utilities provider's stock worth $31,767,000 after acquiring an additional 783,620 shares in the last quarter. Finally, Clearbridge Investments LLC lifted its stake in Brookfield Renewable Partners by 1,145.0% in the fourth quarter. Clearbridge Investments LLC now owns 706,237 shares of the utilities provider's stock valued at $19,047,000 after acquiring an additional 649,509 shares during the last quarter. 63.16% of the stock is currently 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 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.

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