Evergreen Capital Management 13F: Adds $6M to BIPC Stake

Evergreen Capital Management raised its stake in Brookfield Infrastructure Corporation BIPC by 335.3%, adding 169,324 shares during the period. According to a Form 13F filing with the SEC on October 23, 2026, the fund held 219,822 shares valued at approximately $7.8 million at the end of the reported timeframe. The prior holding stood at 50,498 shares.

BIPC Brookfield Infrastructure Corporation

$37.34 ▼ -14.87% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Evergreen Capital Management's Brookfield Infrastructure Corporation Position

The fund increased its investment significantly, growing its position from 50,498 shares to 219,822 shares. That 335.3% jump brought the total value of the stake to $7,827,863.

Other Institutional Activity in Brookfield Infrastructure Corporation

Other large investors also adjusted their positions in the utility company recently. Verity & Verity grew its holdings by 19,411 shares, ending with 472,931 shares worth about $16.8 million. Bank of Montreal /CAN/ held 5,887,517 shares valued at about $219.8 million after a 1.7% increase of 95,567 shares. Royal Bank of Canada lifted its stake by 19.4% to 4554830 shares valued at about $170.1 million. HighTower Advisors, LLC grew its position by 35.9% to 3,691,022 shares worth approximately $137.8 million. Meanwhile, Principal Financial Group, Inc. reduced its holdings by 6.1%, trimming 203,516 shares to finish with 3,160,380 shares valued at about $118.0 million.

Brookfield Infrastructure Corporation Stock Up 1.7%

Brookfield Infrastructure Corporation recently traded around $37.34 on October 24, 2026, matching its closing price of $37.34 on the October 23, 2026 filing date. The stock sits below its 200-day moving average of $41.20 and trades 27.8% under its 52-week high of $51.72, while staying 9.2% above its 52-week low of $34.18.

Recent Earnings

The company posted $3.7 billion in trailing twelve month revenue alongside a net margin of -9.4% and a return on equity of 17.2%. The firm operates with a forward P/E of 18.4. Its next quarterly earnings release is scheduled for November 6, 2026.

Dividend

Brookfield Infrastructure Corporation pays an annual dividend rate of $1.82 per share, translating to a dividend yield of 4.84%. The company maintains a dividend payout ratio of 15.5%, meaning it uses a modest share of its earnings to cover shareholder payouts.

Analysts Set New Price Targets

Morgan Stanley maintained its Underweight rating on the stock while lowering its price target from $50.00 to $48.00 in a research note on October 13, 2026. The stock carries a consensus sell rating and a mean price target of $48.00 from analyst opinions.

About Brookfield Infrastructure Corporation

Brookfield Infrastructure Corporation owns and operates essential utility infrastructure assets across international markets, focusing on regulated gas and electricity distribution systems as well as natural gas transmission networks. These operations provide vital services to communities in regions like Brazil and the United Kingdom, generating steady utility cash flows.

Bottom Line

Investors are keeping an eye on the company's upcoming earnings report on November 6, 2026, to gauge operational progress across its global utility holdings.