International Assets Investment Management LLC Has $1.36 Million Position in CenterPoint Energy, Inc. $CNP

International Assets Investment Management LLC lifted its position in shares of CenterPoint Energy, Inc. (NYSE:CNP) by 115.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 35,445 shares of the utilities provider’s stock after purchasing an additional 18,990 shares during the quarter. International Assets Investment Management LLC’s holdings in CenterPoint Energy were worth $1,359,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of CNP. Brighton Jones LLC acquired a new position in shares of CenterPoint Energy during the fourth quarter worth about $254,000. AQR Capital Management LLC boosted its position in CenterPoint Energy by 15.6% during the first quarter. AQR Capital Management LLC now owns 76,100 shares of the utilities provider’s stock valued at $2,757,000 after purchasing an additional 10,277 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in CenterPoint Energy by 5.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,683 shares of the utilities provider’s stock valued at $2,525,000 after purchasing an additional 3,821 shares during the last quarter. Empowered Funds LLC boosted its position in CenterPoint Energy by 11.5% during the first quarter. Empowered Funds LLC now owns 13,411 shares of the utilities provider’s stock valued at $486,000 after purchasing an additional 1,384 shares during the last quarter. Finally, Woodline Partners LP boosted its position in CenterPoint Energy by 40.7% during the first quarter. Woodline Partners LP now owns 55,061 shares of the utilities provider’s stock valued at $1,995,000 after purchasing an additional 15,922 shares during the last quarter. 91.77% of the stock is owned by institutional investors and hedge funds.

CenterPoint Energy Price Performance

NYSE:CNP opened at $41.71 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.16 and a debt-to-equity ratio of 1.96. The stock’s 50 day moving average price is $43.08 and its two-hundred day moving average price is $40.69. The firm has a market capitalization of $27.28 billion, a price-to-earnings ratio of 25.59, a P/E/G ratio of 2.50 and a beta of 0.48. CenterPoint Energy, Inc. has a 12-month low of $35.46 and a 12-month high of $44.47.

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

CenterPoint Energy Announces Dividend

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

Analysts Set New Price Targets

Several research analysts recently commented on the company. Morgan Stanley reissued an “underperform” rating and set a $37.00 price target on shares of CenterPoint Energy in a research report on Wednesday, January 21st. Mizuho set a $44.00 price target on CenterPoint Energy in a research report on Monday, February 23rd. Citigroup reissued a “neutral” rating on shares of CenterPoint Energy in a research report on Thursday, February 19th. Wall Street Zen cut CenterPoint Energy from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $48.00 price target on shares of CenterPoint Energy in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, CenterPoint Energy has a consensus rating of “Moderate Buy” and an average price target of $44.38.

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.