CenterPoint Energy, Inc. $CNP Shares Sold by SG Americas Securities LLC

Key Points

• 18.7% stake reduction: SG Americas Securities LLC sold 48,943 CenterPoint Energy shares in Q4, leaving 212,708 shares valued at about $8.16 million.
• Mixed analyst view: the consensus is an average rating of Hold with a $42.55 target (seven Buys, six Holds, one Sell); Wells Fargo and KeyCorp raised targets to $47 while JPMorgan cut its target to $41.
• Stock and fundamentals: CNP trades near $42.98 with a 52-week range of $34.72–$44.39 and a ~$28.1B market cap; the company reported Q EPS of $0.45 (missed by $0.01) and set FY2026 guidance at 1.900 EPS versus analyst expectations of ~1.75.

SG Americas Securities LLC lowered its stake in shares of CenterPoint Energy, Inc. (NYSE:CNP - Free Report) by 18.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 212,708 shares of the utilities provider's stock after selling 48,943 shares during the period. SG Americas Securities LLC's holdings in CenterPoint Energy were worth $8,155,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CNP. Zacks Investment Management lifted its position in shares of CenterPoint Energy by 0.8% during the 3rd quarter. Zacks Investment Management now owns 31,142 shares of the utilities provider's stock valued at $1,208,000 after acquiring an additional 256 shares during the period. Mather Group LLC. grew its holdings in shares of CenterPoint Energy by 2.1% in the 3rd quarter. Mather Group LLC. now owns 13,050 shares of the utilities provider's stock worth $506,000 after acquiring an additional 264 shares during the period. Global Retirement Partners LLC grew its holdings in shares of CenterPoint Energy by 9.0% in the 3rd quarter. Global Retirement Partners LLC now owns 3,745 shares of the utilities provider's stock worth $145,000 after acquiring an additional 309 shares during the period. Parallel Advisors LLC increased its stake in CenterPoint Energy by 6.7% in the 3rd quarter. Parallel Advisors LLC now owns 5,315 shares of the utilities provider's stock valued at $206,000 after purchasing an additional 333 shares in the last quarter. Finally, Riverbend Wealth Management LLC increased its stake in CenterPoint Energy by 5.9% in the 3rd quarter. Riverbend Wealth Management LLC now owns 6,098 shares of the utilities provider's stock valued at $237,000 after purchasing an additional 341 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on CNP shares. Wells Fargo & Company upped their target price on CenterPoint Energy from $44.00 to $47.00 and gave the company an "overweight" rating in a report on Tuesday, January 20th. Citigroup reaffirmed a "neutral" rating on shares of CenterPoint Energy in a research note on Thursday, February 19th. KeyCorp increased their price objective on shares of CenterPoint Energy from $41.00 to $47.00 and gave the company an "overweight" rating in a research note on Wednesday, March 4th. JPMorgan Chase & Co. dropped their target price on shares of CenterPoint Energy from $43.00 to $41.00 and set a "neutral" rating for the company in a report on Thursday, December 11th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of CenterPoint Energy in a research report on Monday, December 29th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, CenterPoint Energy presently has an average rating of "Hold" and an average target price of $42.55.

CenterPoint Energy Stock Performance

NYSE CNP opened at $42.98 on Tuesday. CenterPoint Energy, Inc. has a fifty-two week low of $34.72 and a fifty-two week high of $44.39. The stock has a market cap of $28.12 billion, a price-to-earnings ratio of 26.87, a price-to-earnings-growth ratio of 2.51 and a beta of 0.58. The business has a fifty day moving average of $41.88 and a 200-day moving average of $39.91. The company has a quick ratio of 0.79, a current ratio of 0.91 and a debt-to-equity ratio of 1.84.

CenterPoint Energy (NYSE:CNP - Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The utilities provider reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). The company had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.23 billion. CenterPoint Energy had a net margin of 11.24% and a return on equity of 10.46%. During the same period in the previous year, the business earned $0.40 EPS. CenterPoint Energy has set its FY 2026 guidance at 1.900- EPS. As a group, analysts predict that CenterPoint Energy, Inc. will post 1.75 earnings per share for the current fiscal year.

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.

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