Vise Technologies Inc. Purchases Shares of 15,140 CenterPoint Energy, Inc. $CNP

Vise Technologies Inc. acquired a new position in shares of CenterPoint Energy, Inc. (NYSE:CNP) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 15,140 shares of the utilities provider’s stock, valued at approximately $667,000.

A number of other institutional investors also recently made changes to their positions in the company. New Age Alpha Advisors LLC acquired a new position in shares of CenterPoint Energy in the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd increased its stake in shares of 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 period. Rothschild Investment LLC lifted its holdings in CenterPoint Energy by 165.0% during 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 during the last quarter. DV Equities LLC acquired a new stake in CenterPoint Energy during the 4th quarter worth approximately $35,000. Finally, MidFirst Bank bought a new stake in CenterPoint Energy in the 2nd quarter valued at $38,000. Institutional investors own 91.77% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on CNP. Weiss Ratings reaffirmed a “buy (b)” rating on shares of CenterPoint Energy in a report on Monday, June 15th. Morgan Stanley dropped their target price on CenterPoint Energy from $40.00 to $39.00 and set an “equal weight” rating for the company in a report on Friday. Wolfe Research reissued an “outperform” rating and issued a $49.00 target price on shares of CenterPoint Energy in a research report on Wednesday, July 29th. BMO Capital Markets decreased their price target on shares of CenterPoint Energy from $48.00 to $47.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Finally, Jefferies Financial Group set a $50.00 price target on shares of CenterPoint Energy in a research note on Thursday, June 18th. Nine investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $45.36.

CenterPoint Energy Stock Up 0.1%

NYSE CNP opened at $38.81 on Monday. The company has a current ratio of 1.12, a quick ratio of 0.97 and a debt-to-equity ratio of 1.95. The company has a market cap of $25.56 billion, a price-to-earnings ratio of 22.83, a PEG ratio of 2.30 and a beta of 0.46. The company has a 50 day moving average of $42.69 and a 200-day moving average of $42.63. CenterPoint Energy, Inc. has a 1-year low of $36.60 and a 1-year high of $45.26.

CenterPoint Energy (NYSE:CNP) last issued its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.03. CenterPoint Energy had a return on equity of 11.10% and a net margin of 11.61%.The business had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the business posted $0.29 earnings per share. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. On average, equities research analysts expect that CenterPoint Energy, Inc. will post 1.91 earnings per share for the current fiscal year.

CenterPoint Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.24 per share. This is an increase 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 dividend yield of 2.5%. CenterPoint Energy’s payout ratio is currently 56.47%.

CenterPoint Energy 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.