Several brokerages have updated their recommendations and price targets on shares of Brookfield Infrastructure Partners (NYSE: BIP) in the last few weeks:
- 2/13/2025 – Brookfield Infrastructure Partners had its price target raised by analysts at Scotiabank from $38.00 to $41.00. They now have an “outperform” rating on the stock.
- 2/3/2025 – Brookfield Infrastructure Partners had its price target raised by analysts at TD Securities from $50.00 to $53.00. They now have a “buy” rating on the stock.
- 2/1/2025 – Brookfield Infrastructure Partners was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
- 1/31/2025 – Brookfield Infrastructure Partners had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $40.00 price target on the stock.
- 1/30/2025 – Brookfield Infrastructure Partners had its price target raised by analysts at Raymond James from $44.00 to $46.00. They now have a “strong-buy” rating on the stock.
- 1/24/2025 – Brookfield Infrastructure Partners was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
- 1/21/2025 – Brookfield Infrastructure Partners had its price target raised by analysts at Raymond James from $44.00 to $46.00. They now have a “strong-buy” rating on the stock.
Brookfield Infrastructure Partners Stock Performance
BIP stock opened at $33.49 on Wednesday. Brookfield Infrastructure Partners L.P. has a 1-year low of $24.84 and a 1-year high of $36.50. The business has a 50-day moving average price of $32.35 and a 200 day moving average price of $33.12. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.08 and a quick ratio of 0.72. The company has a market capitalization of $15.54 billion, a P/E ratio of 837.46 and a beta of 1.08.
Brookfield Infrastructure Partners (NYSE:BIP – Get Free Report) (TSE:BIP.UN) last issued its quarterly earnings results on Thursday, January 30th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.58. Brookfield Infrastructure Partners had a return on equity of 1.17% and a net margin of 1.64%. As a group, equities research analysts forecast that Brookfield Infrastructure Partners L.P. will post 3.45 EPS for the current fiscal year.
Brookfield Infrastructure Partners Increases Dividend
Institutional Trading of Brookfield Infrastructure Partners
Hedge funds have recently added to or reduced their stakes in the company. Triasima Portfolio Management inc. raised its position in shares of Brookfield Infrastructure Partners by 1.1% in the fourth quarter. Triasima Portfolio Management inc. now owns 33,330 shares of the utilities provider’s stock worth $1,059,000 after acquiring an additional 350 shares during the period. MGO One Seven LLC raised its position in Brookfield Infrastructure Partners by 5.5% during the fourth quarter. MGO One Seven LLC now owns 7,105 shares of the utilities provider’s stock worth $226,000 after acquiring an additional 372 shares during the period. Creative Planning lifted its stake in Brookfield Infrastructure Partners by 0.6% in the 3rd quarter. Creative Planning now owns 67,445 shares of the utilities provider’s stock worth $2,363,000 after purchasing an additional 389 shares in the last quarter. Insight Folios Inc increased its stake in shares of Brookfield Infrastructure Partners by 3.2% in the 3rd quarter. Insight Folios Inc now owns 16,741 shares of the utilities provider’s stock worth $587,000 after acquiring an additional 525 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its holdings in shares of Brookfield Infrastructure Partners by 8.0% during the 4th quarter. Avantax Advisory Services Inc. now owns 8,096 shares of the utilities provider’s stock worth $257,000 after acquiring an additional 602 shares during the period. 57.92% of the stock is owned by hedge funds and other institutional investors.
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company's Utilities segment operates approximately 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 8.1 million electricity and natural gas connections; and 0.6 million long-term contracted sub-metering services.
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