CenterPoint Energy, Inc. $CNP Stock Position Lessened by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners cut its CenterPoint Energy position by 88.9% in the third quarter, leaving the firm with 5,642 shares worth approximately $208,000. Institutional investors overall own 91.77% of CNP.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $44.38 price target, although KeyCorp and JPMorgan have reduced earnings estimates and KeyCorp lowered its target to $44.
• CenterPoint shares opened at $40.61, while the company reported quarterly EPS of $0.40—above the $0.37 consensus—and declared a quarterly dividend of $0.24 per share, yielding about 2.4% annually.

Curated Wealth Partners LLC reduced its holdings in shares of CenterPoint Energy, Inc. (NYSE:CNP - Free Report) by 88.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,642 shares of the utilities provider's stock after selling 45,190 shares during the quarter. Curated Wealth Partners LLC's holdings in CenterPoint Energy were worth $208,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Keating Financial Advisory Services Inc. bought a new position in CenterPoint Energy in the 2nd quarter valued at about $27,000. Caitong International Asset Management Co. Ltd boosted its stake in CenterPoint Energy by 49.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 709 shares of the utilities provider's stock valued at $27,000 after purchasing an additional 235 shares during the last quarter. MidFirst Bank bought a new stake in CenterPoint Energy during the 2nd quarter worth approximately $38,000. Rexford Capital Inc. bought a new stake in CenterPoint Energy during the 1st quarter worth approximately $39,000. Finally, Transamerica Financial Advisors LLC bought a new stake in CenterPoint Energy during the 2nd quarter worth approximately $40,000. 91.77% of the stock is owned by institutional investors.

Key Headlines Impacting CenterPoint Energy

Here are the key news stories impacting CenterPoint Energy this week:

• Positive Sentiment: KeyCorp maintained an Overweight/Buy rating and a $44 price target, implying potential upside from recent trading levels. However, the firm lowered its Q3 2026 EPS estimate to $0.48 from $0.51. CenterPoint Energy Gets a Buy from KeyBanc
• Neutral Sentiment: KeyCorp’s longer-term EPS forecasts remain constructive, projecting earnings growth from $2.08 in FY2027 to $2.66 in FY2030, despite modest reductions to each forecast. The revisions suggest continued growth expectations but slightly less optimism about the pace of expansion. KeyCorp CenterPoint Energy estimates
• Neutral Sentiment: CenterPoint announced a $5.39122-per-note additional-interest payment on its 2.0% Zero-Premium Exchangeable Subordinated Notes due 2029. The payment benefits noteholders but represents a scheduled cash obligation for the company. CenterPoint Energy additional interest payment
• Negative Sentiment: Analyst sentiment softened as JPMorgan issued a pessimistic forecast and KeyCorp reduced its Q3 and FY2027–FY2030 EPS estimates. The cuts were small, but they may weigh on the stock by signaling more cautious expectations for future earnings. JPMorgan pessimistic CenterPoint Energy forecast CenterPoint Energy Q4 EPS estimate reduced
• Negative Sentiment: KeyCorp also lowered its price target to $44, limiting the near-term valuation catalyst even though it retained a bullish rating. KeyCorp cuts CenterPoint Energy price target

Analyst Ratings Changes

CNP has been the subject of several analyst reports. Weiss Ratings reissued a "buy (b)" rating on shares of CenterPoint Energy in a research note on Friday, September 11th. Wolfe Research restated an "outperform" rating and issued a $49.00 target price on shares of CenterPoint Energy in a report on Wednesday, July 29th. Evercore set a $43.00 target price on CenterPoint Energy in a research report on Monday, August 17th. BTIG Research initiated coverage on CenterPoint Energy in a report on Tuesday, June 30th. They set a "neutral" rating for the company. Finally, Truist Financial decreased their price target on CenterPoint Energy from $46.00 to $44.00 and set a "buy" rating for the company in a report on Monday, October 12th. Nine research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $44.38.

CenterPoint Energy Trading Up 0.2%

Shares of CNP stock opened at $40.61 on Monday. CenterPoint Energy, Inc. has a 52-week low of $36.37 and a 52-week high of $45.26. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.97 and a current ratio of 1.12. The company has a 50-day simple moving average of $38.98 and a two-hundred day simple moving average of $41.55. The company has a market capitalization of $26.75 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 2.68 and a beta of 0.47.

CenterPoint Energy (NYSE:CNP - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.40 EPS for the quarter, beating the consensus estimate of $0.37 by $0.03. CenterPoint Energy had a net margin of 11.61% and a return on equity of 11.10%. The firm had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same quarter last year, the business posted $0.29 EPS. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. Research analysts anticipate that CenterPoint Energy, Inc. will post 1.91 EPS for the current fiscal year.

CenterPoint Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, November 19th. CenterPoint Energy's dividend payout ratio (DPR) is presently 56.47%.

About CenterPoint Energy

CenterPoint Energy, Inc is a public utility holding company that provides electric and natural gas energy services in the United States. Its operations include electric transmission and distribution, natural gas distribution, and related infrastructure services for residential, commercial, and industrial customers.

The company is the primary electric delivery utility for the Houston, Texas, area and operates electric and natural gas businesses in several states, including Texas, Indiana, Ohio, Louisiana, and Mississippi.

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