Connor, Clark & Lunn Investment Management Adds $53M in Brookfield Renewable Partners L.P. ($BEP)

Written by Trueearnings · Published Jun 12, 2026, 9:11 PM EDT

Key Points

Connor, Clark & Lunn Investment Management changed its Brookfield Renewable Partners L.P. ($BEP) stake by 56.7% last quarter, boosting to 4,288,912 shares worth $147.15 million.
Wall Street's consensus rating on $BEP is Buy and an average price target of $35.85.
$BEP last traded around $34.31.

Connor, Clark & Lunn Investment Management increased its position in Brookfield Renewable Partners L.P. ($BEP) by 56.7% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,288,912 shares of Brookfield Renewable Partners L.P. after buying 1,552,449 shares during the quarter. Connor, Clark & Lunn Investment Management's holdings in Brookfield Renewable Partners L.P. were worth $147.15 million as of its most recent filing.

Brookfield Renewable Partners L.P. ($BEP) Stock

Last price$34.31

Market cap$10.41B

Forward P/E-23.16

PEG ratio3.51

Beta0.99

52-week low$24.13

52-week high$38.12

50-day MA$34.70

200-day MA$30.18

Current ratio0.75

Quick ratio0.34

Debt-to-equity1.06

Brookfield Renewable Partners L.P. Earnings

EPS (ttm)$-0.30

Revenue (ttm)$6.34B

Revenue growth-4.2%

Net margin0.3%

Return on equity1.5%

Next earningsJul 31, 2026

Brookfield Renewable Partners L.P. Dividend

Annual dividend$1.57

Dividend yield457.00%

Payout ratio649.0%

Ex-dividend dateMay 29, 2026

Analysts Set New Price Targets

ConsensusBuy

Average target$35.85

High target$42.00

Low target$20.00

Analysts covering13

About Brookfield Renewable Partners L.P.

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities in the North America, Colombia, and Brazil. The company generates electricity through hydroelectric, wind, solar, distributed generation, and pumped storage; and offers sustainable solutions, such as renewable natural gas, carbon capture and storage, recycling, cogeneration, biomass, nuclear services, eFuels, and power transformation. It operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. The company was founded in 1999 and is based in Toronto, Canada.

ExchangeNYSE

SectorUtilities

IndustryUtilities - Renewable

HeadquartersToronto, ON

CEOMr. Connor David Teskey

Employees5,870

Websitehttps://www.bep.brookfield.com