Hsbc Holdings PLC Trims Holdings in CenterPoint Energy, Inc. $CNP

Posted by Francis Steltz on Jul 21st, 2026

Hsbc Holdings PLC decreased its position in shares of CenterPoint Energy, Inc. (NYSE:CNP – Free Report) by 5.1% in the first quarter, HoldingsChannel reports. The firm owned 1,002,737 shares of the utilities provider’s stock after selling 53,400 shares during the quarter. Hsbc Holdings PLC’s holdings in CenterPoint Energy were worth $43,246,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd raised its position 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 worth $27,000 after buying an additional 235 shares during the last quarter. Zacks Investment Management boosted its holdings in shares of CenterPoint Energy by 0.8% in the 3rd quarter. Zacks Investment Management now owns 31,142 shares of the utilities provider’s stock valued at $1,208,000 after acquiring an additional 256 shares during the last quarter. Salomon & Ludwin LLC increased its stake in shares of CenterPoint Energy by 16.1% in the fourth quarter. Salomon & Ludwin LLC now owns 2,226 shares of the utilities provider’s stock worth $85,000 after acquiring an additional 308 shares during the period. Horizon Investments LLC increased its stake in shares of CenterPoint Energy by 3.2% in the fourth quarter. Horizon Investments LLC now owns 10,483 shares of the utilities provider’s stock worth $402,000 after acquiring an additional 326 shares during the period. Finally, Parallel Advisors LLC raised its holdings in shares of CenterPoint Energy by 6.7% during the third quarter. Parallel Advisors LLC now owns 5,315 shares of the utilities provider’s stock worth $206,000 after purchasing an additional 333 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analyst Upgrades and Downgrades

CNP has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their target price on shares of CenterPoint Energy from $45.00 to $47.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Truist Financial reduced their price objective on CenterPoint Energy from $48.00 to $47.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Jefferies Financial Group set a $50.00 price objective on CenterPoint Energy in a research note on Thursday, June 18th. BMO Capital Markets upped their target price on CenterPoint Energy from $47.00 to $48.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. Finally, BTIG Research started coverage on CenterPoint Energy in a report on Tuesday, June 30th. They set a “neutral” rating on the stock. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, CenterPoint Energy presently has a consensus rating of “Hold” and a consensus target price of $45.31.

Read Our Latest Stock Analysis on CenterPoint Energy

CenterPoint Energy Stock Performance

Shares of NYSE CNP opened at $43.02 on Tuesday. The company has a market capitalization of $28.14 billion, a PE ratio of 26.39, a price-to-earnings-growth ratio of 2.56 and a beta of 0.46. The company has a debt-to-equity ratio of 1.96, a quick ratio of 1.04 and a current ratio of 1.16. The company’s fifty day moving average price is $43.02 and its 200 day moving average price is $42.17. CenterPoint Energy, Inc. has a 1 year low of $36.59 and a 1 year high of $45.22.

CenterPoint Energy (NYSE:CNP – Get Free Report) last released its quarterly earnings data 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 firm had revenue of $2.98 billion during 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 period in the previous year, the firm posted $0.53 EPS. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. On average, research analysts predict that CenterPoint Energy, Inc. will post 1.91 earnings per share for the current year.

CenterPoint Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a $0.24 dividend. The ex-dividend date is Thursday, August 20th. This represents a $0.96 annualized dividend and a dividend yield of 2.2%. This is a boost from CenterPoint Energy’s previous quarterly dividend of $0.23. CenterPoint Energy’s dividend payout ratio (DPR) is presently 56.44%.

CenterPoint Energy Profile

(Free Report)

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.