Sei Investments Co. Decreases Stock Holdings in CenterPoint Energy, Inc. $CNP

Sei Investments Co. reduced its stake in shares of CenterPoint Energy, Inc. (NYSE:CNP) by 2.6% during the 1st quarter, HoldingsChannel reports. The firm owned 472,999 shares of the utilities provider’s stock after selling 12,804 shares during the quarter. Sei Investments Co.’s holdings in CenterPoint Energy were worth $20,415,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Cetera Investment Advisers increased its holdings in shares of CenterPoint Energy by 3.6% in the first quarter. Cetera Investment Advisers now owns 160,888 shares of the utilities provider’s stock valued at $6,944,000 after purchasing an additional 5,635 shares during the last quarter. CI Investments Inc. boosted its stake in CenterPoint Energy by 14.8% during the first quarter. CI Investments Inc. now owns 685,933 shares of the utilities provider’s stock worth $29,605,000 after buying an additional 88,345 shares during the last quarter. Magellan Asset Management Ltd grew its holdings in CenterPoint Energy by 23.3% in the 1st quarter. Magellan Asset Management Ltd now owns 683,118 shares of the utilities provider’s stock valued at $29,483,000 after buying an additional 129,179 shares in the last quarter. ABN Amro Investment Solutions grew its holdings in CenterPoint Energy by 11.6% in the 1st quarter. ABN Amro Investment Solutions now owns 36,817 shares of the utilities provider’s stock valued at $1,589,000 after buying an additional 3,834 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of CenterPoint Energy by 11.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 145,820 shares of the utilities provider’s stock worth $6,294,000 after acquiring an additional 14,910 shares during the last quarter. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting CenterPoint Energy

Here are the key news stories impacting CenterPoint Energy this week:

• Positive Sentiment: CenterPoint reported second-quarter adjusted EPS of $0.40, above the $0.37 analyst consensus and up from $0.29 a year earlier. Revenue increased 10.7% year over year to $2.15 billion, also exceeding expectations, while GAAP earnings rose to $244 million, or $0.37 per share. Reuters earnings report
• Positive Sentiment: The utility increased its 10-year capital plan by $1.2 billion, supported by rising electricity demand in the Houston area and approximately 14 gigawatts of potential ERCOT “Batch Zero” projects. The spending could strengthen long-term rate-base growth, particularly from data-center demand. Capital plan and ERCOT projects
• Neutral Sentiment: CenterPoint reaffirmed its 2026 adjusted EPS guidance of $1.89 to $1.91. While this maintains the company’s outlook after the earnings beat, the midpoint is roughly in line with the $1.91 analyst consensus, providing limited near-term upside to estimates. CenterPoint quarterly results
• Negative Sentiment: The larger investment program increases financing, execution and regulatory exposure. A new risk disclosure also raised questions about the clarity of CenterPoint’s business exposure and regulatory risks, which may be weighing on investor sentiment. CenterPoint risk disclosure

CenterPoint Energy Price Performance

CNP stock opened at $42.90 on Thursday. The business’s fifty day moving average price is $43.25 and its 200 day moving average price is $42.45. CenterPoint Energy, Inc. has a 12-month low of $36.60 and a 12-month high of $45.26. The company has a current ratio of 1.12, a quick ratio of 1.04 and a debt-to-equity ratio of 1.95. The company has a market capitalization of $28.06 billion, a PE ratio of 25.23, a P/E/G ratio of 2.61 and a beta of 0.46.

CenterPoint Energy (NYSE:CNP) last announced its earnings results on Tuesday, July 28th. The utilities provider reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. The company had revenue of $2.15 billion during the quarter, compared to analysts’ expectations of $2.12 billion. CenterPoint Energy had a return on equity of 11.10% and a net margin of 11.61%.During the same period last year, the business posted $0.29 EPS. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. On average, sell-side analysts anticipate that CenterPoint Energy, Inc. will post 1.91 EPS for the current year.

CenterPoint Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, August 20th. This is an increase from CenterPoint Energy’s previous quarterly dividend of $0.23. CenterPoint Energy’s payout ratio is currently 56.44%.

Analysts Set New Price Targets

Several research analysts have recently commented on CNP shares. BMO Capital Markets reduced their price target on CenterPoint Energy from $48.00 to $47.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Bank of America upped their price objective on shares of CenterPoint Energy from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Jefferies Financial Group set a $50.00 price objective on shares of CenterPoint Energy in a research report on Thursday, June 18th. BTIG Research began coverage on shares of CenterPoint Energy in a research note on Tuesday, June 30th. They set a “neutral” rating on the stock. Finally, Wall Street Zen lowered shares of CenterPoint Energy from a “hold” rating to a “sell” rating in a report on Saturday, April 25th. Nine analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, CenterPoint Energy presently has a consensus rating of “Hold” and a consensus price target of $45.64.

About CenterPoint Energy

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.