Brookfield Business Partners
About: Brookfield Business Partners LP is a business services and industrials company. It focused on operating businesses that are either low-cost producers and benefit from high barriers to entry. The company's operating segment includes Business services; Infrastructure services; Industrials and Corporate and other. It generates maximum revenue from the Business Services segment. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in the United States of America; Europe; Australia; Canada; Brazil; Mexico and Other Countries.
Employees: 72,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]
2.09% less ownership
Funds ownership: 82.62% [Q1] → 80.53% (-2.09%) [Q2]
13% less funds holding
Funds holding: 67 [Q1] → 58 (-9) [Q2]
16% less capital invested
Capital invested by funds: $1.36B [Q1] → $1.14B (-$225M) [Q2]
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
RBC Capital Geoffrey Kwan 100% 1-year accuracy 6 / 6 met price target | 33%upside $32 | Outperform Reiterated | 5 Aug 2024 |
Financial journalist opinion
Based on 31 articles about BBU published over the past 30 days