Dai ichi Life Insurance Company Ltd Trims Stock Position in Entergy Corporation $ETR

Dai ichi Life Insurance Company Ltd trimmed its stake in shares of Entergy Corporation (NYSE:ETR) by 7.6% in the first quarter, Holdings Channel reports. The fund owned 74,236 shares of the utilities provider’s stock after selling 6,106 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in Entergy were worth $8,341,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. United Community Bank raised its stake in shares of Entergy by 806.7% during the fourth quarter. United Community Bank now owns 272 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 242 shares during the last quarter. Washington Trust Advisors Inc. lifted its holdings in shares of Entergy by 119.4% during the fourth quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 154 shares during the period. Union Savings Bank purchased a new position in Entergy in the 4th quarter valued at $28,000. Fairway Wealth LLC acquired a new position in Entergy in the 1st quarter valued at $30,000. Finally, Dynamic Wealth Strategies LLC acquired a new position in Entergy in the 1st quarter valued at $30,000. 88.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ETR. Jefferies Financial Group restated a “buy” rating on shares of Entergy in a research report on Wednesday, June 10th. Barclays dropped their price target on shares of Entergy from $124.00 to $119.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. Wall Street Zen raised shares of Entergy from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. KeyCorp restated an “overweight” rating and issued a $123.00 price objective (up from $118.00) on shares of Entergy in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company lifted their price objective on Entergy from $123.00 to $128.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Seventeen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.05.

Entergy Price Performance

Shares of NYSE ETR opened at $115.95 on Friday. The firm has a market capitalization of $53.09 billion, a P/E ratio of 29.58, a PEG ratio of 1.98 and a beta of 0.50. Entergy Corporation has a one year low of $86.40 and a one year high of $118.44. The company’s fifty day moving average is $112.41 and its two-hundred day moving average is $107.69. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.73 and a current ratio of 0.96.

Entergy (NYSE:ETR) last posted its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.02. The business had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $2.89 billion. Entergy had a net margin of 13.48% and a return on equity of 10.75%. During the same period in the prior year, the company posted $0.82 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Analysts forecast that Entergy Corporation will post 4.4 EPS for the current fiscal year.

Key Stories Impacting Entergy

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: KeyCorp raised Entergy’s longer-term earnings outlook, including FY2027 EPS to $5.13, FY2028 to $5.75, FY2029 to $6.41, and FY2030 to $7.23, reinforcing a bullish case for the stock.
• Positive Sentiment: KeyCorp maintained an Overweight rating on Entergy and reiterated a $123 price target, signaling confidence in further share-price upside.
• Positive Sentiment: BMO Capital Markets also issued a report pointing to strong price appreciation potential for Entergy, adding to the optimistic analyst tone. Article Title
• Neutral Sentiment: At the same time, a separate Yahoo Finance article argued that Entergy may still look overvalued after its recent run, which could temper enthusiasm. Article Title
• Neutral Sentiment: KeyCorp’s near-term estimate changes were mixed: it lowered Q2 2026 EPS to $0.95 from $1.10 and Q4 2026 EPS to $0.72 from $0.65, while raising Q3 2026 EPS to $1.86 from $1.73.

Insiders Place Their Bets

In other Entergy news, insider Haley Fisackerly sold 10,638 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total value of $1,170,180.00. Following the completion of the transaction, the insider directly owned 14,182 shares of the company’s stock, valued at approximately $1,560,020. This trade represents a 42.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.21% of the company’s stock.

About Entergy

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.