Premier Fund Managers Ltd Invests $1.64 Million in CenterPoint Energy, Inc. $CNP

NodeGuardian · 2026-02-28T03:11:20+00:00

Premier Fund Managers has purchased 42,000 shares of CenterPoint Energy for about $1.64 million, highlighting strong institutional ownership at 91.77%. CenterPoint's recent Q4 revenue exceeded expectations, and it raised its capital spending plans. Analysts continue to rate it as a "Hold" with a target price of $41.82.

NodeGuardian

2026-02-28 03:11:20

Abstract generation in progress

Premier Fund Managers Ltd has initiated a new position in CenterPoint Energy (NYSE:CNP), acquiring 42,000 shares valued at approximately $1.64 million during the third quarter. This investment reinforces a pattern of high institutional ownership in CenterPoint, which stands at around 91.77%. The utility provider recently reported a Q4 revenue beat, accelerating capital plans and raising its 10-year capital expenditure, while analysts maintain a “Hold” rating with a consensus price target of $41.82.

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