Fintel reports that on April 22, 2025, Barclays upgraded their outlook for CenterPoint Energy (NYSE:CNP) from Underweight to Equal-Weight.
Analyst Price Forecast Suggests 1.57% Downside
As of April 2, 2025, the average one-year price target for CenterPoint Energy is $35.92/share. The forecasts range from a low of $30.30 to a high of $42.00. The average price target represents a decrease of 1.57% from its latest reported closing price of $36.49 / share.
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The projected annual revenue for CenterPoint Energy is 9,333MM, an increase of 7.98%. The projected annual non-GAAP EPS is 1.74.
What is the Fund Sentiment?
There are 1,328 funds or institutions reporting positions in CenterPoint Energy. This is an increase of 1 owner(s) or 0.08% in the last quarter. Average portfolio weight of all funds dedicated to CNP is 0.25%, an increase of 3.23%. Total shares owned by institutions decreased in the last three months by 0.71% to 836,241K shares. 
The put/call ratio of CNP is 0.52, indicating a bullish outlook.
What are Other Shareholders Doing?
Capital International Investors holds 87,450K shares representing 13.40% ownership of the company. In its prior filing, the firm reported owning 87,115K shares , representing an increase of 0.38%. The firm increased its portfolio allocation in CNP by 5.99% over the last quarter.
T. Rowe Price Investment Management holds 46,645K shares representing 7.15% ownership of the company. In its prior filing, the firm reported owning 44,723K shares , representing an increase of 4.12%. The firm increased its portfolio allocation in CNP by 15.07% over the last quarter.
Capital Research Global Investors holds 45,573K shares representing 6.98% ownership of the company. In its prior filing, the firm reported owning 17,773K shares , representing an increase of 61.00%. The firm increased its portfolio allocation in CNP by 173.57% over the last quarter.
PRWCX - T. Rowe Price Capital Appreciation Fund holds 30,475K shares representing 4.67% ownership of the company. In its prior filing, the firm reported owning 29,073K shares , representing an increase of 4.60%. The firm increased its portfolio allocation in CNP by 14.72% over the last quarter.
ABALX - AMERICAN BALANCED FUND holds 23,289K shares representing 3.57% ownership of the company. No change in the last quarter.
Centerpoint Energy Background Information
(This description is provided by the company.)
As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of September 30, 2020, the company owned approximately $33 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,600 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years.
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