CenterPoint Energy, Inc. $CNP Shares Sold by Swiss National Bank

Key Points

• Swiss National Bank trimmed its stake in CenterPoint Energy by 4.6% in Q3, selling 91,300 shares and leaving it with 1,881,600 shares (about 0.29% of the company) valued at roughly $73.01 million.
• CenterPoint raised its quarterly dividend to $0.23 per share (annualized $0.92), implying a ~2.1% yield and a dividend payout ratio of 57.5%.
• The company reported Q results with EPS of $0.45 (missed by $0.01), set FY2026 guidance at 1.90 EPS (above analysts' average ~1.75), and carries a market consensus rating of "Hold" with an average target price of $42.55.

Swiss National Bank trimmed its position in CenterPoint Energy, Inc. (NYSE:CNP - Free Report) by 4.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,881,600 shares of the utilities provider's stock after selling 91,300 shares during the quarter. Swiss National Bank owned approximately 0.29% of CenterPoint Energy worth $73,006,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of CenterPoint Energy by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 81,661,325 shares of the utilities provider's stock worth $3,168,459,000 after purchasing an additional 298,892 shares during the period. Geode Capital Management LLC boosted its position in CenterPoint Energy by 4.1% during the 2nd quarter. Geode Capital Management LLC now owns 16,710,081 shares of the utilities provider's stock valued at $611,377,000 after purchasing an additional 652,202 shares during the period. Norges Bank bought a new position in CenterPoint Energy during the 2nd quarter worth $313,456,000. Reaves W H & Co. Inc. grew its stake in CenterPoint Energy by 15.4% during the 3rd quarter. Reaves W H & Co. Inc. now owns 7,220,266 shares of the utilities provider's stock worth $280,146,000 after buying an additional 962,910 shares during the last quarter. Finally, American Century Companies Inc. increased its position in CenterPoint Energy by 10.2% in the third quarter. American Century Companies Inc. now owns 6,115,513 shares of the utilities provider's stock worth $237,282,000 after buying an additional 568,130 shares during the period. 91.77% of the stock is currently owned by institutional investors.

CenterPoint Energy Trading Down 0.5%

CenterPoint Energy stock opened at $42.94 on Thursday. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.79 and a current ratio of 0.91. The firm has a market cap of $28.09 billion, a price-to-earnings ratio of 26.84, a price-to-earnings-growth ratio of 2.56 and a beta of 0.58. CenterPoint Energy, Inc. has a 1 year low of $34.29 and a 1 year high of $44.04. The firm's 50 day moving average price is $40.76 and its two-hundred day moving average price is $39.43.

CenterPoint Energy (NYSE:CNP - Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The utilities provider reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). CenterPoint Energy had a net margin of 11.24% and a return on equity of 10.46%. The company had revenue of $2.51 billion during the quarter, compared to analyst estimates of $2.23 billion. 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, research analysts predict that CenterPoint Energy, Inc. will post 1.75 EPS for the current fiscal year.

CenterPoint Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th will be paid a dividend of $0.23 per share. This is a boost from CenterPoint Energy's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.1%. CenterPoint Energy's dividend payout ratio (DPR) is 57.50%.

Analyst Ratings Changes

Several analysts recently weighed in on CNP shares. Citigroup reiterated a "neutral" rating on shares of CenterPoint Energy in a research report on Thursday, February 19th. Barclays dropped their price target on shares of CenterPoint Energy from $41.00 to $38.00 and set an "equal weight" rating on the stock in a research note on Thursday, January 15th. Morgan Stanley reiterated an "underperform" rating and set a $37.00 price objective on shares of CenterPoint Energy in a research report on Wednesday, January 21st. KeyCorp increased their price objective on CenterPoint Energy from $41.00 to $47.00 and gave the stock an "overweight" rating in a report on Wednesday, March 4th. Finally, Wells Fargo & Company raised their target price on CenterPoint Energy from $44.00 to $47.00 and gave the company an "overweight" rating in a research report on Tuesday, January 20th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $42.55.

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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