Vontobel Holding Ltd. Acquires 527,422 Shares of CenterPoint Energy, Inc. $CNP

Vontobel Holding Ltd. raised its holdings in CenterPoint Energy, Inc. (NYSE:CNP) by 439.1% during the third quarter, Holdings Channel.com reports. The fund owned 647,534 shares of the utilities provider’s stock after purchasing an additional 527,422 shares during the period. Vontobel Holding Ltd.’s holdings in CenterPoint Energy were worth $23,829,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CNP. Deutsche Bank AG acquired a new stake in CenterPoint Energy during the 2nd quarter worth $770,871,000. Bank of America Corp DE acquired a new position in shares of CenterPoint Energy in the 2nd quarter valued at $332,753,000. T. Rowe Price Investment Management Inc. lifted its stake in shares of CenterPoint Energy by 13.2% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 58,286,690 shares of the utilities provider’s stock valued at $2,234,712,000 after purchasing an additional 6,794,535 shares during the period. Legal & General Group Plc acquired a new position in shares of CenterPoint Energy in the 2nd quarter valued at $250,273,000. Finally, GQG Partners LLC bought a new position in shares of CenterPoint Energy in the 2nd quarter worth $176,574,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

CenterPoint Energy Trading Up 2.0%

NYSE:CNP traded up $0.81 during trading hours on Friday, hitting $40.61. The stock had a trading volume of 6,228,624 shares, compared to its average volume of 6,839,346. The business’s 50 day moving average is $38.98 and its 200-day moving average is $41.56. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.97 and a current ratio of 1.12. The company has a market cap of $26.75 billion, a price-to-earnings ratio of 23.89, a P/E/G ratio of 2.63 and a beta of 0.47. CenterPoint Energy, Inc. has a one year low of $36.37 and a one year high of $45.26.

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

CenterPoint Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, November 19th. CenterPoint Energy’s dividend payout ratio (DPR) is presently 56.47%.

Wall Street Analysts Forecast Growth

CNP has been the subject of a number of analyst reports. KeyCorp decreased their price objective on CenterPoint Energy from $46.00 to $44.00 and set an “overweight” rating for the company in a research note on Tuesday. Evercore set a $43.00 target price on CenterPoint Energy in a research note on Monday, August 17th. Citigroup cut their target price on CenterPoint Energy from $47.00 to $43.00 and set a “neutral” rating on the stock in a research note on Thursday, October 8th. Wall Street Zen upgraded CenterPoint Energy from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Finally, BTIG Research started coverage on CenterPoint Energy in a research report on Tuesday, June 30th. They set a “neutral” rating for the company. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $44.38.

CenterPoint Energy News Summary

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

• Positive Sentiment: KeyCorp maintained an Overweight/Buy rating and a $44 price target, implying potential upside from recent trading levels. However, the firm lowered its Q3 2026 EPS estimate to $0.48 from $0.51. CenterPoint Energy Gets a Buy from KeyBanc
• Neutral Sentiment: KeyCorp’s longer-term EPS forecasts remain constructive, projecting earnings growth from $2.08 in FY2027 to $2.66 in FY2030, despite modest reductions to each forecast. The revisions suggest continued growth expectations but slightly less optimism about the pace of expansion. KeyCorp CenterPoint Energy estimates
• Neutral Sentiment: CenterPoint announced a $5.39122-per-note additional-interest payment on its 2.0% Zero-Premium Exchangeable Subordinated Notes due 2029. The payment benefits noteholders but represents a scheduled cash obligation for the company. CenterPoint Energy additional interest payment
• Negative Sentiment: Analyst sentiment softened as JPMorgan issued a pessimistic forecast and KeyCorp reduced its Q3 and FY2027–FY2030 EPS estimates. The cuts were small, but they may weigh on the stock by signaling more cautious expectations for future earnings. JPMorgan pessimistic CenterPoint Energy forecast CenterPoint Energy Q4 EPS estimate reduced
• Negative Sentiment: KeyCorp also lowered its price target to $44, limiting the near-term valuation catalyst even though it retained a bullish rating. KeyCorp cuts CenterPoint Energy price target

CenterPoint Energy Profile

CenterPoint Energy, Inc (NYSE:CNP) is an energy delivery company headquartered in Houston, Texas. The company focuses on electric and natural gas utility operations, delivering essential energy to residential, commercial and industrial customers.

CenterPoint operates electric transmission and distribution systems in the Houston metropolitan area and parts of southwestern Indiana. It also provides natural gas distribution and related energy services in several states, including Texas, Indiana, Louisiana, Mississippi and Ohio.