Principal Financial Group Inc. Boosts Stock Position in Brookfield Infrastructure Partners LP $BIP

Principal Financial Group Inc. boosted its position in Brookfield Infrastructure Partners LP (NYSE:BIP) (TSE:BIP.UN) by 10.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 31,975,602 shares of the utilities provider’s stock after purchasing an additional 2,933,287 shares during the quarter. Principal Financial Group Inc. owned about 6.90% of Brookfield Infrastructure Partners worth $1,051,678,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BIP. Goldman Sachs Group Inc. grew its holdings in shares of Brookfield Infrastructure Partners by 12.2% during the first quarter. Goldman Sachs Group Inc. now owns 1,802,475 shares of the utilities provider’s stock worth $53,696,000 after buying an additional 195,276 shares in the last quarter. Focus Partners Wealth boosted its position in Brookfield Infrastructure Partners by 8.5% during the first quarter. Focus Partners Wealth now owns 24,734 shares of the utilities provider’s stock worth $737,000 after acquiring an additional 1,931 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in Brookfield Infrastructure Partners by 6.9% during the second quarter. Janney Montgomery Scott LLC now owns 22,920 shares of the utilities provider’s stock worth $768,000 after acquiring an additional 1,472 shares during the last quarter. Truist Financial Corp grew its stake in Brookfield Infrastructure Partners by 1.3% in the 2nd quarter. Truist Financial Corp now owns 23,616 shares of the utilities provider’s stock worth $791,000 after acquiring an additional 314 shares during the period. Finally, QRG Capital Management Inc. acquired a new position in Brookfield Infrastructure Partners in the 2nd quarter valued at $205,000. 57.92% of the stock is currently owned by hedge funds and other institutional investors.

Brookfield Infrastructure Partners Price Performance

BIP stock opened at $36.17 on Friday. The company has a market cap of $16.68 billion, a PE ratio of 40.19 and a beta of 1.10. The company has a current ratio of 0.85, a quick ratio of 0.81 and a debt-to-equity ratio of 1.68. The stock has a 50-day moving average price of $34.99 and a two-hundred day moving average price of $33.42. Brookfield Infrastructure Partners LP has a 12-month low of $25.72 and a 12-month high of $36.81.

Brookfield Infrastructure Partners (NYSE:BIP) (TSE:BIP.UN) last released its quarterly earnings data on Friday, November 7th. The utilities provider reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.42). Brookfield Infrastructure Partners had a net margin of 4.40% and a return on equity of 3.34%. The firm had revenue of $5.98 billion during the quarter, compared to analyst estimates of $2.05 billion. During the same period in the prior year, the firm earned $0.76 earnings per share. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. As a group, research analysts predict that Brookfield Infrastructure Partners LP will post 3.45 EPS for the current year.

Brookfield Infrastructure Partners Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be paid a dividend of $0.455 per share. This is an increase from Brookfield Infrastructure Partners’s previous quarterly dividend of $0.43. This represents a $1.82 annualized dividend and a yield of 5.0%. The ex-dividend date is Friday, February 27th. Brookfield Infrastructure Partners’s payout ratio is presently 191.11%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on BIP shares. Scotiabank reissued an “outperform” rating and set a $44.00 price target on shares of Brookfield Infrastructure Partners in a research note on Friday, January 16th. TD Securities reiterated a “buy” rating and issued a $57.00 target price (up from $55.00) on shares of Brookfield Infrastructure Partners in a research note on Friday. Royal Bank Of Canada raised their price target on Brookfield Infrastructure Partners from $40.00 to $41.00 and gave the stock an “outperform” rating in a research note on Friday. Jefferies Financial Group set a $37.00 price target on Brookfield Infrastructure Partners and gave the company a “hold” rating in a report on Wednesday, October 29th. Finally, Wall Street Zen upgraded shares of Brookfield Infrastructure Partners from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Brookfield Infrastructure Partners has an average rating of “Moderate Buy” and an average target price of $42.13.

Brookfield Infrastructure Partners News Summary

Here are the key news stories impacting Brookfield Infrastructure Partners this week:

• Positive Sentiment: Brookfield declared a quarterly dividend of $0.455 (ex-dividend Feb 27; pay Mar 31), a 5.8% increase from the prior payout and implying a roughly 5.0% yield — supports income investors and signals distribution sustainability. Read More.
• Positive Sentiment: Management announced its 17th consecutive distribution increase alongside year‑end results, reinforcing the company’s income-growth narrative and suggesting continued capital allocation toward shareholder distributions. Read More.
• Positive Sentiment: RBC raised its price target on BIP to $41 and kept an “outperform” rating — a signal that some sell‑side analysts see ~double‑digit upside from current levels and may attract buyers. Read More.
• Positive Sentiment: Commentary surfaced on whether the 17th straight distribution hike plus an AI-related business narrative shift could re-price the stock — narrative change might broaden investor interest beyond traditional infrastructure income buyers. Read More.
• Neutral Sentiment: Q4 results: BIP reported $0.87 EPS, in line with consensus, and revenue of $6.30B (larger than consensus). Results were largely inline, so the earnings release likely produced a muted market reaction versus the distribution and guidance items. Read More.
• Neutral Sentiment: Earnings-call transcript is available for investors who want details on segment performance, capital deployment and any forward commentary that could move the stock. Read More.

Brookfield Infrastructure Partners Company Profile

Brookfield Infrastructure Partners L.P. (NYSE: BIP) is a publicly traded limited partnership that owns and operates a diversified portfolio of infrastructure assets across four core sectors: utilities, transport, energy and data infrastructure. Through long-lived, regulated or contracted assets, Brookfield Infrastructure provides essential services such as electricity transmission and distribution, toll road and port operations, midstream energy logistics and fiber-based data networks.

The company’s utilities division encompasses regulated electricity and gas distribution networks in North and South America, Europe and Australia, ensuring stable cash flows under current regulatory frameworks.