Resolution Capital Ltd bought a new position in CenterPoint Energy, Inc. (NYSE:CNP – Free Report) in the 1st quarter, HoldingsChannel.com reports. The firm bought 42,072 shares of the utilities provider’s stock, valued at approximately $1,816,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. New Age Alpha Advisors LLC bought a new position in shares of CenterPoint Energy during the fourth quarter valued at about $25,000. Caitong International Asset Management Co. Ltd boosted its holdings in CenterPoint Energy by 49.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 709 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 235 shares during the last quarter. Rothschild Investment LLC grew its position in CenterPoint Energy by 165.0% in the 4th quarter. Rothschild Investment LLC now owns 734 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 457 shares in the last quarter. DV Equities LLC bought a new stake in CenterPoint Energy in the 4th quarter worth about $35,000. Finally, Rexford Capital Inc. purchased a new stake in CenterPoint Energy in the 1st quarter valued at about $39,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.
CenterPoint Energy News Summary
Here are the key news stories impacting CenterPoint Energy this week:
- Positive Sentiment: Second-quarter earnings and revenue exceeded expectations. Adjusted EPS was $0.40, up from $0.29 a year earlier and above the $0.37 consensus estimate. Revenue increased 10.7% year over year to $2.15 billion, ahead of the $2.12 billion forecast, while operating income reached $534 million. CenterPoint Energy Q2 Earnings Beat Estimates, Revenues Improve Y/Y
- Positive Sentiment: Growth in Houston-area power demand is supporting results. CenterPoint attributed the strong quarter primarily to customer growth and regulatory recovery, with rising electricity demand in its Houston service territory providing an additional growth tailwind. CenterPoint Energy beats Q2 profit estimates, boosts 10-year capital investment plan
- Positive Sentiment: CenterPoint increased its 10-year capital plan by $1.2 billion. The larger investment program could strengthen grid infrastructure and support longer-term rate-base growth, although it will also require substantial financing. CenterPoint Energy reports strong Q2 2026 results
- Neutral Sentiment: Full-year 2026 adjusted EPS guidance was reiterated at $1.89-$1.91. The midpoint is broadly consistent with the $1.91 analyst consensus, offering stability but no upward earnings surprise. CenterPoint also provided an update on ERCOT’s Batch Zero process.
- Negative Sentiment: The expanded capital program may increase borrowing needs and exposure to higher financing costs. Investors will likely monitor funding requirements, regulatory approvals and execution as CenterPoint accelerates infrastructure spending.
CenterPoint Energy Trading Up 0.3%
CenterPoint Energy (NYSE:CNP – Get Free Report) last posted its earnings results on Tuesday, July 28th. The utilities provider reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.03. CenterPoint Energy had a net margin of 11.38% and a return on equity of 10.56%. The firm had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter last year, the company earned $0.29 earnings per share. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. As a group, research analysts anticipate that CenterPoint Energy, Inc. will post 1.91 EPS for the current year.
CenterPoint Energy Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a $0.24 dividend. This is a boost from CenterPoint Energy’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.96 annualized dividend and a yield of 2.2%. CenterPoint Energy’s payout ratio is 56.44%.
Wall Street Analyst Weigh In
Several equities analysts have commented on CNP shares. Bank of America lifted their target price on shares of CenterPoint Energy from $42.00 to $44.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Truist Financial reduced their target price on CenterPoint Energy from $48.00 to $47.00 and set a “buy” rating for the company in a report on Monday, May 18th. Jefferies Financial Group set a $50.00 price target on CenterPoint Energy in a research report on Thursday, June 18th. KeyCorp dropped their price target on CenterPoint Energy from $47.00 to $46.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Finally, BTIG Research initiated coverage on CenterPoint Energy in a research report on Tuesday, June 30th. They issued a “neutral” rating on the stock. Eight analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, CenterPoint Energy currently has an average rating of “Hold” and a consensus target price of $45.38.
View Our Latest Research Report on CenterPoint Energy
CenterPoint Energy Company Profile
CenterPoint Energy, Inc (NYSE: CNP) is a Houston-based regulated utility company that provides electric and natural gas delivery services and related infrastructure operations. The company’s principal activities center on the transmission and distribution of electricity in the greater Houston metropolitan area and the distribution of natural gas to customers across several states in the Midwest and South. As a vertically integrated utility, CenterPoint focuses on the reliable delivery of energy through owned and operated networks of lines, pipelines and associated facilities.
CenterPoint’s core businesses include regulated electric transmission and distribution services, regulated natural gas distribution, and the operation and maintenance of energy infrastructure.
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