Brookfield Asset Management beat earnings estimates but missed revenue, raised its dividend, and saw shifting investor holdings.

Brookfield Asset Management reported second-quarter earnings of $0.41 per share, beating estimates by $0.02, though revenue fell short. The company announced a quarterly dividend of $0.4375, yielding 3.3% with a payout ratio of 109.38%. Despite a 70% stake reduction by Mirabella Financial Services, Legal & General increased its holdings by 144.5%, and Quantbot Technologies acquired 41,735 shares. The stock, trading at $53.27, has a 52-week range of $41.78 to $64.10, a market cap of $87.24 billion, and a P/E ratio of 33.29. Analysts maintain a consensus "moderate buy" rating with a target price of $64.32.