Jefferies Financial Group Inc. Cuts Stake in CenterPoint Energy, Inc. $CNP

Posted by Brian Himes on May 30th, 2026

Jefferies Financial Group Inc. cut its holdings in CenterPoint Energy, Inc. (NYSE:CNP – Free Report) by 81.2% in the fourth quarter, HoldingsChannel reports. The firm owned 18,846 shares of the utilities provider’s stock after selling 81,621 shares during the quarter. Jefferies Financial Group Inc.’s holdings in CenterPoint Energy were worth $723,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Axxcess Wealth Management LLC grew its holdings in shares of CenterPoint Energy by 26.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 50,232 shares of the utilities provider’s stock valued at $1,926,000 after purchasing an additional 10,456 shares in the last quarter. Kingdom Financial Group LLC. purchased a new position in shares of CenterPoint Energy in the fourth quarter valued at $307,000. Global Retirement Partners LLC grew its holdings in shares of CenterPoint Energy by 247.3% in the fourth quarter. Global Retirement Partners LLC now owns 13,008 shares of the utilities provider’s stock valued at $499,000 after purchasing an additional 9,263 shares in the last quarter. Leonteq Securities AG purchased a new position in shares of CenterPoint Energy in the fourth quarter valued at $345,000. Finally, ABN Amro Investment Solutions purchased a new position in shares of CenterPoint Energy in the fourth quarter valued at $1,265,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CNP has been the subject of a number of recent research reports. Bank of America raised their target price on shares of CenterPoint Energy from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Truist Financial cut their target price on shares of CenterPoint Energy from $48.00 to $47.00 and set a “buy” rating for the company in a report on Monday, May 18th. Jefferies Financial Group raised their target price on shares of CenterPoint Energy from $44.00 to $49.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Wall Street Zen downgraded CenterPoint Energy from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. Finally, Evercore set a $45.00 price target on CenterPoint Energy in a research report on Monday, May 4th. Eight analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $44.62.

Read Our Latest Stock Report on CenterPoint Energy

CenterPoint Energy Stock Up 0.1%

Shares of CNP opened at $42.25 on Friday. The company has a market cap of $27.64 billion, a PE ratio of 25.92, a P/E/G ratio of 2.50 and a beta of 0.48. The business has a fifty day moving average of $42.73 and a 200 day moving average of $41.03. CenterPoint Energy, Inc. has a 52-week low of $35.46 and a 52-week high of $44.47. The company has a quick ratio of 1.04, a current ratio of 1.16 and a debt-to-equity ratio of 1.96.

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

CenterPoint Energy Announces Dividend

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

CenterPoint Energy Company 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.