Brookfield Asset Management
About: Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.
Employees: 2,400
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
68% more call options, than puts
Call options by funds: $29.6M | Put options by funds: $17.6M
64% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 47
20% more capital invested
Capital invested by funds: $11.5B [Q2] → $13.7B (+$2.24B) [Q3]
4% more funds holding
Funds holding: 518 [Q2] → 538 (+20) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]
2.83% less ownership
Funds ownership: 68.0% [Q2] → 65.18% (-2.83%) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 187
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$50
10%
downside
Avg. target
$59
6%
upside
High target
$68
22%
upside
7 analyst ratings
4 positive
57%
1 neutral
14%
2 negative
29%
Wells Fargo Michael Brown 74% 1-year accuracy 32 / 43 met price target | 1%downside $55 | Underweight Maintained | 14 Jan 2025 |
Keefe, Bruyette & Woods Kyle Voigt 74% 1-year accuracy 20 / 27 met price target | 1%upside $56 | Underperform Maintained | 13 Jan 2025 |
Goldman Sachs Alexander Blostein 70% 1-year accuracy 30 / 43 met price target | 13%upside $63 | Buy Maintained | 19 Nov 2024 |
Deutsche Bank Brian Bedell 77% 1-year accuracy 33 / 43 met price target | 6%upside $59 | Buy Maintained | 11 Nov 2024 |
Scotiabank Mario Saric 83% 1-year accuracy 10 / 12 met price target | 7%upside $60 | Sector Outperform Maintained | 5 Nov 2024 |
Financial journalist opinion
Based on 9 articles about BAM published over the past 30 days
Positive
Seeking Alpha
2 days ago
Buy The Dip: High Dividend Growth Stocks Getting Way Too Cheap
High-yield dividend growth stocks have pulled back recently. This has created some highly compelling opportunities. We share two of the very best high-yielding dividend growth stocks in the market that are currently way too cheap.
Positive
The Motley Fool
2 days ago
Nuclear Stocks: 2 Winning Stocks You Probably Overlooked
In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why Brookfield Corporation (BN 1.04%) subsidiary Brookfield Asset Management (BAM 0.96%) and Curtiss-Wright (CW 0.28%) are likely to emerge as winners from the second nuclear era.
Neutral
GlobeNewsWire
4 days ago
Brookfield Appoints Bruce Flatt as Chair of Brookfield Asset Management
Appointment comes as Mark Carney departs to enter Canadian Liberal Party leadership race Appointment comes as Mark Carney departs to enter Canadian Liberal Party leadership race
Neutral
GlobeNewsWire
6 days ago
Brookfield Asset Management to Host Fourth Quarter 2024 Results Conference Call
NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) will host its fourth quarter 2024 conference call and webcast on Wednesday, February 12, 2025 at 9:00 a.m. ET.
Neutral
GlobeNewsWire
1 week ago
Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid
NEW YORK, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“Brookfield Asset Management”) today announced it has received the requisite approval for the renewal of its normal course issuer bid providing the option to purchase up to 37,123,295 Class A Limited Voting Shares (“Class A Shares”), representing approximately 10% of the public float of Brookfield Asset Management's outstanding Class A Shares. Purchases under the bid will be made on the open market through the facilities of the New York Stock Exchange (“NYSE”), Toronto Stock Exchange (“TSX”), and/or alternative trading systems. The period of the normal course issuer bid will extend from January 13, 2025 to January 12, 2026, or an earlier date should Brookfield Asset Management complete its purchases. Brookfield Asset Management will pay the market price at the time of acquisition for any Class A Shares purchased or such other price as may be permitted.
Positive
Zacks Investment Research
1 week ago
Best Income Stocks to Buy for January 9th
TRV, CNO and BAM made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 9, 2024.
Positive
Seeking Alpha
2 weeks ago
5 High-Yield Infrastructure Stocks Looking Cheap On The Dip
The infrastructure sector is set for strong growth in the coming years. However, there are numerous attractive opportunities in the sector right now. I discuss five of them.
Neutral
GlobeNewsWire
2 weeks ago
Filing of a Draft Offer Document Relating to the Simplified Tender Offer for the Neoen Shares and Bonds Convertible into and/or Exchangeable for New and/or Existing Neoen Shares Initiated by Brookfield Renewable Holdings SAS
Paris, Jan. 02, 2025 (GLOBE NEWSWIRE) -- THIS DOCUMENT IS AN UNOFFICIAL ENGLISH-LANGUAGE TRANSLATION OF THE FRENCH LANGUAGE PRESS RELEASE WHICH WAS PUBLISHED BY THE OFFEROR ON 2 JANUARY 2025. IN THE EVENT OF ANY DIFFERENCES BETWEEN THIS UNOFFICIAL ENGLISH LANGUAGE TRANSLATION AND THE OFFICIAL FRENCH LANGUAGE PRESS RELEASE, THE OFFICIAL FRENCH LANGUAGE PRESS RELEASE SHALL PREVAIL.
Neutral
GlobeNewsWire
3 weeks ago
Brookfield Asset Management Announces New Meeting Date For Special Meeting on Proposed Arrangement
NEW YORK, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“BAM”) today announced that, following the recent resumption of mail service in Canada, it has set a new meeting date of January 27, 2025 for its upcoming special meeting of shareholders (the “Meeting”) in respect of the previously-announced arrangement to enhance its corporate structure (the “Arrangement”). In addition, BAM filed its management information circular (the “Circular”) in connection with the Meeting, an electronic copy of which can be accessed at https://bam.brookfield.com under “Notice and Access 2025” and at www.sec.gov/edgar and www.sedarplus.ca.
Positive
Seeking Alpha
1 month ago
Buy The Dip: High-Yield High-Growth Stocks Getting Way Too Cheap
The Federal Reserve's announcement of fewer rate cuts has caused market panic, accelerating pullbacks in high-yield, high-growth stocks. However, I have found that high-yield, high-growth stocks are among the most rewarding investments. I share two high-yield, high-growth stocks that Mr. Market appears to be overlooking right now.
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