Representative Kevin Hern (Republican-Oklahoma) recently sold shares of CenterPoint Energy, Inc. (NYSE:CNP). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in CenterPoint Energy stock on September 15th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” account.
Representative Kevin Hern also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
- Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
- Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
- Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
- Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
- Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of Devon Energy (NYSE:DVN) on 9/14/2026.
CenterPoint Energy Trading Down 0.6%
Shares of CenterPoint Energy stock opened at $36.63 on Tuesday. The stock has a market capitalization of $24.13 billion, a P/E ratio of 21.55, a price-to-earnings-growth ratio of 2.44 and a beta of 0.46. CenterPoint Energy, Inc. has a 12-month low of $36.49 and a 12-month high of $45.26. The company has a quick ratio of 0.97, a current ratio of 1.12 and a debt-to-equity ratio of 1.95. The company has a 50-day simple moving average of $40.12 and a 200 day simple moving average of $41.98.
CenterPoint Energy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $0.96 annualized dividend and a dividend yield of 2.6%. CenterPoint Energy’s dividend payout ratio is presently 56.47%.
Institutional Trading of CenterPoint Energy
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd increased its stake in shares of CenterPoint Energy by 49.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 709 shares of the utilities provider’s stock worth $27,000 after acquiring an additional 235 shares during the period. Focus Financial Network Inc. grew its position in CenterPoint Energy by 4.9% during the 2nd quarter. Focus Financial Network Inc. now owns 5,089 shares of the utilities provider’s stock worth $224,000 after purchasing an additional 239 shares during the period. CX Institutional grew its position in CenterPoint Energy by 3.7% during the 2nd quarter. CX Institutional now owns 7,643 shares of the utilities provider’s stock worth $337,000 after purchasing an additional 275 shares during the period. IFP Advisors Inc lifted its holdings in shares of CenterPoint Energy by 14.9% in the 2nd quarter. IFP Advisors Inc now owns 2,555 shares of the utilities provider’s stock valued at $113,000 after buying an additional 332 shares during the period. Finally, Accredited Investors Inc. boosted its stake in shares of CenterPoint Energy by 5.5% in the first quarter. Accredited Investors Inc. now owns 7,222 shares of the utilities provider’s stock worth $312,000 after buying an additional 375 shares during the last quarter. 91.77% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several analysts have recently commented on CNP shares. Royal Bank Of Canada assumed coverage on CenterPoint Energy in a report on Tuesday, September 15th. They set a “sector perform” rating and a $40.00 target price on the stock. KeyCorp cut their price target on CenterPoint Energy from $47.00 to $46.00 and set an “overweight” rating for the company in a report on Thursday, July 23rd. JPMorgan Chase & Co. upped their price target on shares of CenterPoint Energy from $45.00 to $47.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. BMO Capital Markets lowered their price objective on shares of CenterPoint Energy from $48.00 to $47.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Finally, Jefferies Financial Group set a $50.00 target price 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 nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $44.93.
Read Our Latest Research Report on CenterPoint Energy
About Representative Hern
Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.
Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.
Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.
About CenterPoint Energy
CenterPoint Energy, Inc (NYSE:CNP) is an energy delivery company headquartered in Houston, Texas. Its primary businesses include electric transmission and distribution and natural gas distribution, with operations focused on delivering energy to residential, commercial and industrial customers rather than producing most of the energy it supplies.
CenterPoint operates electric utility infrastructure in the Houston metropolitan area and in southwestern Indiana. The company also provides natural gas distribution services in Indiana, Louisiana, Mississippi and Ohio.
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