Natixis Advisors LLC Increases Position in Entergy Corporation $ETR

Natixis Advisors LLC increased its position in shares of Entergy Corporation (NYSE:ETR) by 7.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 362,562 shares of the utilities provider’s stock after acquiring an additional 23,848 shares during the quarter. Natixis Advisors LLC’s holdings in Entergy were worth $33,787,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. New York State Teachers Retirement System lifted its stake in shares of Entergy by 5.4% during the 3rd quarter. New York State Teachers Retirement System now owns 433,613 shares of the utilities provider’s stock worth $40,408,000 after purchasing an additional 22,148 shares during the period. New York State Common Retirement Fund grew its position in shares of Entergy by 3.9% in the third quarter. New York State Common Retirement Fund now owns 184,690 shares of the utilities provider’s stock valued at $17,211,000 after purchasing an additional 7,000 shares during the period. TD Waterhouse Canada Inc. increased its stake in Entergy by 124.6% in the third quarter. TD Waterhouse Canada Inc. now owns 24,949 shares of the utilities provider’s stock valued at $2,335,000 after purchasing an additional 13,841 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Entergy by 13.9% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 59,279 shares of the utilities provider’s stock valued at $5,524,000 after purchasing an additional 7,212 shares during the last quarter. Finally, World Investment Advisors lifted its position in Entergy by 269.9% during the third quarter. World Investment Advisors now owns 22,384 shares of the utilities provider’s stock worth $2,086,000 after buying an additional 16,332 shares during the period. 88.07% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP John C. Dinelli sold 5,372 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $103.95, for a total value of $558,419.40. Following the completion of the sale, the executive vice president directly owned 23,609 shares in the company, valued at approximately $2,454,155.55. This represents a 18.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.47% of the company’s stock.

Entergy Stock Performance

NYSE ETR opened at $104.72 on Wednesday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.74 and a quick ratio of 0.51. Entergy Corporation has a 1-year low of $75.57 and a 1-year high of $107.93. The firm has a market capitalization of $47.44 billion, a P/E ratio of 26.78, a P/E/G ratio of 2.07 and a beta of 0.64. The business’s 50-day simple moving average is $98.91 and its 200-day simple moving average is $95.23.

Entergy (NYSE:ETR) last posted its quarterly earnings results on Thursday, February 12th. The utilities provider reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). The business had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Entergy had a net margin of 13.66% and a return on equity of 10.89%. During the same quarter in the previous year, the business posted $0.66 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Equities analysts predict that Entergy Corporation will post 3.88 EPS for the current year.

Entergy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Monday, February 9th were given a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Monday, February 9th. Entergy’s dividend payout ratio is 65.47%.

Analyst Ratings Changes

ETR has been the subject of several recent analyst reports. Citigroup lifted their price target on Entergy from $91.00 to $106.00 and gave the company a “neutral” rating in a report on Tuesday, November 18th. JPMorgan Chase & Co. cut their price objective on shares of Entergy from $113.00 to $108.00 and set an “overweight” rating on the stock in a report on Thursday, December 11th. Barclays set a $96.00 target price on shares of Entergy and gave the company an “overweight” rating in a report on Thursday, January 15th. Mizuho set a $112.00 price target on shares of Entergy in a research report on Friday, February 13th. Finally, Argus set a $100.00 price target on shares of Entergy and gave the stock a “buy” rating in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Entergy has an average rating of “Moderate Buy” and a consensus target price of $106.61.

Entergy Company Profile

Entergy Corporation (NYSE:ETR) is an integrated energy company headquartered in New Orleans, Louisiana, that generates, transmits and distributes electricity. The company’s operations combine regulated utility services with competitive power production, supplying retail electricity to residential, commercial and industrial customers while also participating in wholesale energy markets. Entergy’s generation fleet includes nuclear, natural gas, hydropower and other resources, and it operates a network of transmission and distribution assets to deliver power to end users.

Entergy conducts its regulated utility business through state-based operating subsidiaries that serve customers across parts of Arkansas, Louisiana, Mississippi and southeast Texas.