Aberdeen Group plc Sells 127,080 Shares of CenterPoint Energy, Inc. $CNP

Key Points

• Aberdeen Group plc cut its stake in CenterPoint Energy by 8.9% in Q4, selling 127,080 shares and now holds 1,307,625 shares (about 0.20% ownership) valued at roughly $50.1 million.
• Q4 results and guidance: CenterPoint reported $0.45 EPS (missing the $0.46 estimate) and $2.51B in revenue (beating expectations), issued FY2026 guidance of 1.900 EPS, and carries a consensus analyst rating of "Hold" with a $42.60 target.
• Institutional ownership and valuation: Approximately 91.77% of the stock is held by institutions, the company has a $28.6B market cap and a PE of 27.33, with a one-year trading range of $34.72–$44.39.

Aberdeen Group plc decreased its position in CenterPoint Energy, Inc. (NYSE:CNP - Free Report) by 8.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,307,625 shares of the utilities provider's stock after selling 127,080 shares during the quarter. Aberdeen Group plc owned 0.20% of CenterPoint Energy worth $50,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Brighton Jones LLC purchased a new position in shares of CenterPoint Energy in the 4th quarter worth $254,000. AQR Capital Management LLC increased its stake 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 worth $2,757,000 after acquiring an additional 10,277 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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 worth $2,525,000 after acquiring an additional 3,821 shares during the last quarter. Empowered Funds LLC raised 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 period. Finally, Woodline Partners LP lifted its stake in shares of CenterPoint Energy by 40.7% in the 1st 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 hedge funds and other institutional investors.

CenterPoint Energy Price Performance

Shares of CNP opened at $43.72 on Friday. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.91 and a quick ratio of 0.79. The company's fifty day moving average price is $42.22 and its 200-day moving average price is $40.03. CenterPoint Energy, Inc. has a 1-year low of $34.72 and a 1-year high of $44.39. The firm has a market capitalization of $28.60 billion, a PE ratio of 27.33, a price-to-earnings-growth ratio of 2.59 and a beta of 0.54.

CenterPoint Energy (NYSE:CNP - Get Free Report) last issued its earnings results on Thursday, February 19th. The utilities provider reported $0.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). The firm had revenue of $2.51 billion during the quarter, compared to analysts' expectations of $2.23 billion. CenterPoint Energy had a return on equity of 10.46% and a net margin of 11.24%.During the same quarter last year, the business earned $0.40 EPS. CenterPoint Energy has set its FY 2026 guidance at 1.900- EPS. On average, equities research analysts predict that CenterPoint Energy, Inc. will post 1.75 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on CNP. Wall Street Zen upgraded CenterPoint Energy from a "sell" rating to a "hold" rating in a research report on Monday, February 23rd. UBS Group cut their price objective on shares of CenterPoint Energy from $45.00 to $43.00 and set a "buy" rating on the stock in a research report on Wednesday, December 17th. Weiss Ratings reiterated a "buy (b-)" rating on shares of CenterPoint Energy in a report on Monday, December 29th. BMO Capital Markets raised shares of CenterPoint Energy from a "market perform" rating to an "outperform" rating and set a $42.00 price objective on the stock in a research report on Tuesday, January 13th. Finally, Citigroup reissued a "neutral" rating on shares of CenterPoint Energy in a research note on Thursday, February 19th. Six investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, CenterPoint Energy currently has a consensus rating of "Hold" and a consensus target price of $42.60.

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.

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