Nordea Investment Management AB Increases Stake in CenterPoint Energy Nordea Investment Management AB has raised its holdings in CenterPoint Energy, Inc. (CNP) by 14.3% during the fourth quarter, acquiring 65,440 shares to bring its total ownership to 522,801 shares. This represents approximately 0.08% of the company’s outstanding shares, valued at around $20.13 million. The investment marks a significant increase in the fund’s commitment to the energy utility, which operates in the Houston metropolitan area and serves customers across the Midwest and South. CenterPoint Energy reported quarterly earnings of $0.45 per share, slightly below the consensus estimate of $0.46. However, the company exceeded revenue expectations, reporting $2.51 billion in sales compared to the projected $2.23 billion. The firm also revised its full-year 2026 earnings guidance to a range of 1.90 EPS, surpassing the sell-side consensus of 1.75 EPS. Analysts have mixed views on the stock, with a current consensus rating of "Hold" and a target price of $42.55. The stock closed at $41.84, reflecting a 0.2% increase in trading. CenterPoint Energy has a market capitalization of $27.37 billion, a price-to-earnings ratio of 26.15, and a beta of 0.58, indicating moderate volatility relative to the broader market. The company’s stock has traded between $34.72 and $44.39 over the past year, with a 50-day moving average of $41.64 and a 200-day moving average of $39.78. Institutional investors and hedge funds have shown growing interest in CenterPoint Energy. Root Financial Partners LLC, Harel Insurance Investments & Financial Services Ltd., and LRI Investments LLC added positions during the third quarter, with LRI increasing its holdings by 107.9%.#centerpoint_energy #nordea_investment_management_ab #root_financial_partners_llc #harel_insurance_investments #lri_investments_llc
