Brookfield Business PartnersBBU
Market Cap: 1.52B
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 Q1 SEC filings by fund managers ($100M+ AUM)
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
25% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 5 (+1) [Q1 2024]
8% more capital invested
Capital invested by funds: $1.26B [Q4 2023] → $1.36B (+$102M) [Q1 2024]
7% more funds holding
Funds holding: 61 [Q4 2023] → 65 (+4) [Q1 2024]
0.91% more ownership
Funds ownership: 81.66% [Q4 2023] → 82.57% (+0.91%) [Q1 2024]
30% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 23
Research analyst outlook
2 Wall Street Analysts provided 1 year price forecasts over the past 6 months
2 analyst ratings
BMO Capital Devin Dodge | 52%upside $31 | Outperform Maintained | 6 May 2024 |
Scotiabank Phil Hardie | 37%upside $28 | Sector Outperform Maintained | 5 Feb 2024 |
Financial journalist opinion
Based on 11 articles about BBU published over the past 30 days