Ghisallo Capital Management LLC Sells 500,000 Shares of CenterPoint Energy, Inc. $CNP

Key Points

• Ghisallo Capital sold 500,000 shares, cutting its CenterPoint Energy stake by 50% in Q3 and now owns 500,000 shares valued at about $19.4 million (roughly 0.08% of the company).
• CenterPoint reported quarterly EPS of $0.45 (missing estimates by $0.01) while revenue of $2.51 billion beat expectations, and management set FY2026 guidance at $1.90 EPS versus analyst expectations of about $1.75.
• Shares trade near a 1‑year high (~$44), with a market cap of ~$28.8B and a PE of 27.5; Wall Street's consensus rating is a "Hold" with a $42.55 target, and institutional investors own about 91.8% of the stock.

Ghisallo Capital Management LLC decreased its position in shares of CenterPoint Energy, Inc. (NYSE:CNP - Free Report) by 50.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 500,000 shares of the utilities provider's stock after selling 500,000 shares during the period. Ghisallo Capital Management LLC owned 0.08% of CenterPoint Energy worth $19,400,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new stake in CenterPoint Energy in the 3rd quarter worth approximately $25,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in CenterPoint Energy during the 3rd quarter worth approximately $26,000. LRI Investments LLC lifted its stake in CenterPoint Energy by 107.9% during the 3rd quarter. LRI Investments LLC now owns 684 shares of the utilities provider's stock valued at $27,000 after acquiring an additional 355 shares during the period. First Horizon Corp acquired a new stake in CenterPoint Energy during the 3rd quarter valued at approximately $30,000. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of CenterPoint Energy in the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 91.77% of the company's stock.

CenterPoint Energy Stock Performance

NYSE CNP opened at $44.01 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. CenterPoint Energy, Inc. has a 1-year low of $34.65 and a 1-year high of $44.07. The company has a market cap of $28.79 billion, a PE ratio of 27.51, a price-to-earnings-growth ratio of 2.57 and a beta of 0.58. The stock's 50 day simple moving average is $40.97 and its 200-day simple moving average is $39.50.

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

Wall Street Analyst Weigh In

CNP has been the topic of several recent research reports. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of CenterPoint Energy in a report on Monday, December 29th. Wall Street Zen raised CenterPoint Energy from a "sell" rating to a "hold" rating in a report on Monday, February 23rd. BMO Capital Markets raised CenterPoint Energy from a "market perform" rating to an "outperform" rating and set a $42.00 price target for the company in a report on Tuesday, January 13th. Citigroup reaffirmed a "neutral" rating on shares of CenterPoint Energy in a research note on Thursday, February 19th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of CenterPoint Energy from $43.00 to $41.00 and set a "neutral" rating for the company in a research report on Thursday, December 11th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, CenterPoint Energy currently has an average rating of "Hold" and a consensus 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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