Arizona State Retirement System Reduces Stock Holdings in CenterPoint Energy, Inc. $CNP

Arizona State Retirement System lowered its stake in CenterPoint Energy, Inc. (NYSE:CNP) by 6.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 179,132 shares of the utilities provider’s stock after selling 13,358 shares during the period. Arizona State Retirement System’s holdings in CenterPoint Energy were worth $6,868,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Merewether Investment Management LP increased its position in shares of CenterPoint Energy by 85.5% during the third quarter. Merewether Investment Management LP now owns 2,493,500 shares of the utilities provider’s stock valued at $96,748,000 after buying an additional 1,149,637 shares during the period. Reaves W H & Co. Inc. lifted its holdings in CenterPoint Energy by 15.4% in the third quarter. Reaves W H & Co. Inc. now owns 7,220,266 shares of the utilities provider’s stock worth $280,146,000 after buying an additional 962,910 shares during the period. Jupiter Asset Management Ltd. bought a new stake in CenterPoint Energy during the 3rd quarter valued at approximately $35,993,000. Raymond James Financial Inc. grew its holdings in shares of CenterPoint Energy by 23.5% during the 2nd quarter. Raymond James Financial Inc. now owns 4,725,856 shares of the utilities provider’s stock worth $173,628,000 after acquiring an additional 899,505 shares during the period. Finally, Capital International Investors grew its holdings in shares of CenterPoint Energy by 1.0% during the 3rd quarter. Capital International Investors now owns 87,129,628 shares of the utilities provider’s stock worth $3,381,069,000 after acquiring an additional 833,374 shares during the period. 91.77% of the stock is owned by hedge funds and other institutional investors.

CenterPoint Energy News Summary

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

• Positive Sentiment: Q1 results showed revenue growth and stronger net income year-over-year, driven in part by regulatory recovery; management reiterated full-year 2026 guidance which reduces downside surprise risk. BusinessWire: Q1 results & guidance
• Positive Sentiment: Quarterly profit rose notably as data-center demand lifted electricity distribution volumes and margins, a demand trend that supports future earnings growth. Reuters: Profit rises on data-center demand
• Positive Sentiment: Truist Securities initiated coverage with a Buy, which can attract investor interest and provide support to the stock. MSN/Truist initiation
• Neutral Sentiment: Company provided earnings call materials and a full transcript for Q1 — useful for modeling but not an immediate catalyst. Seeking Alpha: Earnings call transcript
• Neutral Sentiment: FY-2026 EPS guidance was set at $1.890–$1.910, effectively in line with consensus — limits upside surprise but provides clarity to cash-flow expectations. MarketBeat: Guidance & metrics
• Negative Sentiment: Reported non-GAAP EPS of $0.56 missed the Street by ~$0.02, a modest miss that can prompt short-term selling pressure. Zacks: EPS missed estimates
• Negative Sentiment: Analysts and media flagged higher expenses and rising debt levels; debt-to-equity is elevated, which could limit capital flexibility if costs or rates change. Zacks: Expenses & debt concerns
• Negative Sentiment: CenterPoint disclosed an emerging regulatory/business risk that TipRanks says could threaten earnings, capital flexibility and shareholder returns — a potential longer-term headwind for the stock. TipRanks: Emerging business risks

CenterPoint Energy Price Performance

CNP stock opened at $42.44 on Monday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 1.04 and a current ratio of 1.16. The firm has a 50 day moving average price of $43.03 and a 200-day moving average price of $40.52. CenterPoint Energy, Inc. has a 52-week low of $35.46 and a 52-week high of $44.47. The firm has a market capitalization of $27.76 billion, a price-to-earnings ratio of 26.03, a PEG ratio of 2.52 and a beta of 0.54.

CenterPoint Energy (NYSE:CNP) last posted its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.02). CenterPoint Energy had a return on equity of 10.56% and a net margin of 11.38%.The company had revenue of $2.98 billion during the quarter, compared to analysts’ expectations of $1.98 billion. During the same quarter in the previous year, the company earned $0.53 EPS. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. Equities research analysts forecast that CenterPoint Energy, Inc. will post 1.91 EPS for the current fiscal year.

CenterPoint Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, May 21st. CenterPoint Energy’s dividend payout ratio is currently 56.44%.

Wall Street Analysts Forecast Growth

CNP has been the subject of a number of research analyst reports. BMO Capital Markets upgraded CenterPoint Energy from a “market perform” rating to an “outperform” rating and set a $42.00 target price for the company in a research note on Tuesday, January 13th. Bank of America upped their price target on CenterPoint Energy from $42.00 to $44.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of CenterPoint Energy in a report on Monday, December 29th. Citigroup reissued a “neutral” rating on shares of CenterPoint Energy in a research report on Thursday, February 19th. Finally, Jefferies Financial Group boosted their target price on shares of CenterPoint Energy from $44.00 to $49.00 and gave the company a “buy” rating in a report on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $44.15.

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.