CenterPoint Energy, Inc. $CNP Shares Purchased by State of Alaska Department of Revenue

State of Alaska Department of Revenue raised its holdings in CenterPoint Energy, Inc. (NYSE:CNP) by 80.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 115,534 shares of the utilities provider’s stock after acquiring an additional 51,437 shares during the quarter. State of Alaska Department of Revenue’s holdings in CenterPoint Energy were worth $4,252,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Affinity Capital Advisors LLC acquired a new position in shares of CenterPoint Energy during the third quarter worth $234,000. Lincoln Capital Corp grew its stake in shares of CenterPoint Energy by 0.5% in the third quarter. Lincoln Capital Corp now owns 78,692 shares of the utilities provider’s stock worth $2,896,000 after purchasing an additional 378 shares during the last quarter. Wedmont Private Capital grew its stake in shares of CenterPoint Energy by 43.3% in the third quarter. Wedmont Private Capital now owns 8,287 shares of the utilities provider’s stock worth $305,000 after purchasing an additional 2,503 shares during the last quarter. Mn Services Vermogensbeheer B.V. increased its holdings in CenterPoint Energy by 18.1% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 224,769 shares of the utilities provider’s stock valued at $8,271,000 after purchasing an additional 34,469 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in CenterPoint Energy by 18.6% in the third quarter. Farther Finance Advisors LLC now owns 22,469 shares of the utilities provider’s stock valued at $827,000 after purchasing an additional 3,531 shares during the period. Institutional investors own 91.77% of the company’s stock.

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. Evercore set a $43.00 target price on CenterPoint Energy in a research report on Monday, August 17th. JPMorgan Chase & Co. reduced their price target on CenterPoint Energy from $46.00 to $44.00 and set a “neutral” rating on the stock in a research report on Tuesday. Royal Bank Of Canada initiated coverage on CenterPoint Energy in a research note on Tuesday, September 15th. They issued a “sector perform” rating and a $40.00 price target for the company. Morgan Stanley decreased their target price on shares of CenterPoint Energy from $39.00 to $38.00 and set an “equal weight” rating for the company in a research report on Friday, September 18th. Finally, Wolfe Research reissued an “outperform” rating and issued a $49.00 price objective on shares of CenterPoint Energy in a research report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $44.38.

CenterPoint Energy Stock Up 2.0%

CNP traded up $0.81 during midday trading on Friday, hitting $40.61. The company had a trading volume of 6,228,624 shares, compared to its average volume of 6,839,346. The stock’s 50 day moving average price is $38.98 and its 200 day moving average price is $41.56. CenterPoint Energy, Inc. has a 52 week low of $36.37 and a 52 week high of $45.26. The company has a market capitalization of $26.75 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 2.63 and a beta of 0.47. The company has a quick ratio of 0.97, a current ratio of 1.12 and a debt-to-equity ratio of 1.95.

CenterPoint Energy (NYSE:CNP) last released its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.03. The company had revenue of $2.15 billion for the quarter, compared to analysts’ expectations of $2.12 billion. CenterPoint Energy had a net margin of 11.61% and a return on equity of 11.10%. During the same quarter in the prior year, the firm earned $0.29 EPS. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. On average, research analysts anticipate that CenterPoint Energy, Inc. will post 1.91 earnings per share for the current fiscal year.

CenterPoint Energy Announces Dividend

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

About CenterPoint Energy

CenterPoint Energy, Inc (NYSE:CNP) is an energy delivery company headquartered in Houston, Texas. The company focuses on electric and natural gas utility operations, delivering essential energy to residential, commercial and industrial customers.

CenterPoint operates electric transmission and distribution systems in the Houston metropolitan area and parts of southwestern Indiana. It also provides natural gas distribution and related energy services in several states, including Texas, Indiana, Louisiana, Mississippi and Ohio.