Equities Analysts Issue Forecasts for BBU Q1 Earnings

Brookfield Business Partners L.P. (NYSE:BBU - Free Report) - Equities researchers at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for shares of Brookfield Business Partners in a report issued on Sunday, February 2nd. National Bank Financial analyst J. Gloyn expects that the business services provider will earn $1.28 per share for the quarter. The consensus estimate for Brookfield Business Partners' current full-year earnings is $5.26 per share. National Bank Financial also issued estimates for Brookfield Business Partners' Q2 2025 earnings at $1.25 EPS, Q3 2025 earnings at $1.28 EPS, Q4 2025 earnings at $1.43 EPS and FY2026 earnings at $5.84 EPS.

Other equities research analysts have also issued research reports about the stock. Scotiabank increased their price objective on shares of Brookfield Business Partners from $32.00 to $33.00 and gave the stock a "sector outperform" rating in a research note on Monday. Royal Bank of Canada lowered their price objective on Brookfield Business Partners from $32.00 to $30.00 and set an "outperform" rating for the company in a research note on Monday. Finally, BMO Capital Markets raised their target price on Brookfield Business Partners from $32.00 to $34.00 and gave the company an "outperform" rating in a research note on Friday, January 10th. Three investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Brookfield Business Partners currently has a consensus rating of "Buy" and an average target price of $32.33.

Brookfield Business Partners Stock Performance

BBU traded up $0.18 during trading hours on Tuesday, hitting $22.54. 11,708 shares of the stock were exchanged, compared to its average volume of 18,942. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of -46.00 and a beta of 1.50. The stock has a 50-day simple moving average of $23.02 and a 200-day simple moving average of $22.38. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.17 and a quick ratio of 0.95. Brookfield Business Partners has a 12 month low of $16.85 and a 12 month high of $26.75.

Brookfield Business Partners (NYSE:BBU - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The business services provider reported $1.47 EPS for the quarter, topping the consensus estimate of $0.14 by $1.33. Brookfield Business Partners had a net margin of 2.20% and a return on equity of 5.00%.

Brookfield Business Partners Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Friday, February 28th. Brookfield Business Partners's dividend payout ratio (DPR) is -51.02%.

Institutional Investors Weigh In On Brookfield Business Partners

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Brookfield Corp ON raised its stake in shares of Brookfield Business Partners by 1.7% in the 3rd quarter. Brookfield Corp ON now owns 25,602,504 shares of the business services provider's stock worth $596,538,000 after buying an additional 428,511 shares in the last quarter. PCJ Investment Counsel Ltd. raised its position in Brookfield Business Partners by 14.2% in the third quarter. PCJ Investment Counsel Ltd. now owns 1,518,892 shares of the business services provider's stock worth $35,528,000 after acquiring an additional 188,743 shares in the last quarter. Bank of Montreal Can lifted its holdings in Brookfield Business Partners by 8.7% in the 3rd quarter. Bank of Montreal Can now owns 834,512 shares of the business services provider's stock valued at $20,193,000 after acquiring an additional 66,786 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in shares of Brookfield Business Partners by 13.6% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 773,975 shares of the business services provider's stock valued at $18,145,000 after purchasing an additional 92,413 shares in the last quarter. Finally, Scheer Rowlett & Associates Investment Management Ltd. grew its stake in shares of Brookfield Business Partners by 14.7% in the 3rd quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 641,835 shares of the business services provider's stock worth $15,047,000 after purchasing an additional 82,372 shares during the last quarter. 85.04% of the stock is currently owned by institutional investors.

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.