D L Carlson Investment Group Inc. Makes New $2.42 Million Investment in CenterPoint Energy, Inc. $CNP

D L Carlson Investment Group Inc. acquired a new stake in CenterPoint Energy, Inc. (NYSE:CNP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 55,063 shares of the utilities provider’s stock, valued at approximately $2,425,000.

Several other large investors have also made changes to their positions in the business. New Age Alpha Advisors LLC purchased a new position in CenterPoint Energy during the fourth quarter valued at $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 in the last quarter. Rothschild Investment LLC raised its position in shares of 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 position in shares of CenterPoint Energy during the 4th quarter worth about $35,000. Finally, MidFirst Bank acquired a new position in shares of CenterPoint Energy during the 2nd quarter worth about $38,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CNP. KeyCorp lowered their price objective on CenterPoint Energy from $47.00 to $46.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Wall Street Zen raised CenterPoint Energy from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings restated a “buy (b)” rating on shares of CenterPoint Energy in a research report on Monday, June 15th. BTIG Research assumed coverage on CenterPoint Energy in a research note on Tuesday, June 30th. They issued a “neutral” rating on the stock. Finally, BMO Capital Markets dropped their price target on CenterPoint Energy from $48.00 to $47.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $45.43.

CenterPoint Energy Stock Down 0.5%

Shares of NYSE CNP opened at $40.20 on Friday. The company has a market capitalization of $26.48 billion, a P/E ratio of 23.65, a P/E/G ratio of 2.39 and a beta of 0.46. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.12 and a quick ratio of 0.97. The company has a 50 day simple moving average of $42.77 and a 200-day simple 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 released its quarterly earnings data 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 firm had revenue of $2.15 billion for 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 in the prior year, the firm 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 predict that CenterPoint Energy, Inc. will post 1.91 earnings per share for the current year.

CenterPoint Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a $0.24 dividend. This is an increase from CenterPoint Energy’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Thursday, August 20th. CenterPoint Energy’s dividend payout ratio (DPR) is presently 56.47%.

CenterPoint Energy Company 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.