Eurizon Capital SGR S.p.A. Invests $4.03 Million in CenterPoint Energy, Inc. $CNP

Eurizon Capital SGR S.p.A. purchased a new position in CenterPoint Energy, Inc. (NYSE:CNP) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 104,940 shares of the utilities provider’s stock, valued at approximately $4,025,000.

A number of other hedge funds have also recently made changes to their positions in CNP. New Age Alpha Advisors LLC bought a new stake in shares of CenterPoint Energy in the 4th quarter worth approximately $25,000. Rothschild Investment LLC boosted its position in shares of CenterPoint Energy by 165.0% in the 4th quarter. Rothschild Investment LLC now owns 734 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 457 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of CenterPoint Energy in the 3rd quarter worth approximately $30,000. Olistico Wealth LLC bought a new stake in shares of CenterPoint Energy in the 4th quarter worth approximately $41,000. Finally, University of Illinois Foundation bought a new stake in shares of CenterPoint Energy in the 3rd quarter worth approximately $46,000. 91.77% of the stock is owned by institutional investors.

CenterPoint Energy Price Performance

Shares of CNP opened at $41.27 on Tuesday. The firm has a market cap of $27.00 billion, a PE ratio of 25.32, a P/E/G ratio of 2.51 and a beta of 0.48. The company has a current ratio of 1.16, a quick ratio of 1.04 and a debt-to-equity ratio of 1.96. The firm has a fifty day simple moving average of $42.69 and a two-hundred day simple moving average of $41.05. CenterPoint Energy, Inc. has a 1-year low of $35.46 and a 1-year high of $44.47.

CenterPoint Energy (NYSE:CNP) last announced its earnings results on Thursday, April 23rd. The utilities provider reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.02). The company had revenue of $2.98 billion for the quarter, compared to analysts’ expectations of $1.98 billion. CenterPoint Energy had a net margin of 11.38% and a return on equity of 10.56%. During the same quarter in the prior year, the firm posted $0.53 earnings per share. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. On average, equities analysts anticipate that CenterPoint Energy, Inc. will post 1.91 EPS for the current year.

CenterPoint Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Thursday, May 21st. CenterPoint Energy’s dividend payout ratio is 56.44%.

Analyst Ratings Changes

CNP has been the topic of a number of analyst reports. Truist Financial dropped their price target on CenterPoint Energy from $48.00 to $47.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $48.00 price objective on shares of CenterPoint Energy in a research report on Tuesday, April 21st. Jefferies Financial Group upped their price objective on CenterPoint Energy from $44.00 to $49.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Mizuho set a $44.00 price objective on CenterPoint Energy in a research report on Monday, February 23rd. Finally, Citigroup reaffirmed a “neutral” rating on shares of CenterPoint Energy in a research report on Thursday, February 19th. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $44.62.

CenterPoint Energy Company 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.