Harrell Investment Partners LLC purchased a new stake in shares of Entergy Corporation (NYSE:ETR – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 27,931 shares of the utilities provider’s stock, valued at approximately $2,582,000.
Several other institutional investors have also modified their holdings of ETR. Capital A Wealth Management LLC grew its holdings in Entergy by 5,466.7% during the second quarter. Capital A Wealth Management LLC now owns 334 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 328 shares during the period. Physician Wealth Advisors Inc. lifted its holdings in Entergy by 56.9% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 115 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of Entergy by 150.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 194 shares in the last quarter. JFS Wealth Advisors LLC boosted its position in shares of Entergy by 46.1% during the 3rd quarter. JFS Wealth Advisors LLC now owns 412 shares of the utilities provider’s stock valued at $38,000 after purchasing an additional 130 shares in the last quarter. Finally, Ameritas Advisory Services LLC grew its stake in shares of Entergy by 44.4% in the 3rd quarter. Ameritas Advisory Services LLC now owns 416 shares of the utilities provider’s stock worth $39,000 after purchasing an additional 128 shares during the last quarter. Institutional investors and hedge funds own 88.07% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently commented on ETR shares. Weiss Ratings reissued a “buy (b)” rating on shares of Entergy in a research note on Thursday, January 22nd. Siebert Williams Shank began coverage on Entergy in a report on Tuesday, January 20th. They issued a “buy” rating and a $109.00 price target on the stock. UBS Group reiterated a “buy” rating and set a $105.00 price objective (up from $96.00) on shares of Entergy in a research report on Wednesday, December 17th. JPMorgan Chase & Co. reduced their price objective on Entergy from $113.00 to $108.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Finally, KeyCorp lifted their target price on Entergy from $102.00 to $111.00 and gave the stock an “overweight” rating in a report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned 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, the company presently has an average rating of “Moderate Buy” and a consensus target price of $109.17.
Insider Buying and Selling at Entergy
In related news, EVP John C. Dinelli sold 5,372 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $103.95, for a total transaction of $558,419.40. Following the transaction, the executive vice president directly owned 23,609 shares of the company’s stock, valued at approximately $2,454,155.55. The trade was a 18.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.47% of the company’s stock.
Entergy Stock Up 1.1%
ETR stock opened at $111.06 on Tuesday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.74 and a quick ratio of 0.51. The firm has a market capitalization of $50.31 billion, a P/E ratio of 28.40, a P/E/G ratio of 2.17 and a beta of 0.64. Entergy Corporation has a 52-week low of $75.57 and a 52-week high of $111.99. The company’s 50 day simple moving average is $101.97 and its 200-day simple moving average is $96.85.
Entergy (NYSE:ETR – Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The utilities provider reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). Entergy had a return on equity of 10.89% and a net margin of 13.66%.The firm had revenue of $2.96 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the business posted $0.66 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities research analysts anticipate 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. Stockholders of record on Monday, February 9th were issued a dividend of $0.64 per share. The ex-dividend date was Monday, February 9th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.3%. Entergy’s payout ratio is currently 65.47%.
Key Headlines Impacting Entergy
Here are the key news stories impacting Entergy this week:
- Positive Sentiment: Meta will fully fund seven new natural‑gas plants, ~240 miles of 500 kV transmission, batteries and up to 2.5 GW of solar to serve its Louisiana AI data center — a multi‑decade growth runway for Entergy with limited bill pressure on other customers; the story also cites a ~2.49% dividend yield. Meta Platforms Just Made Entergy a Top Stock to Buy… and It Pays a 2.49% Dividend
- Positive Sentiment: Market coverage highlights the Meta funding as the catalyst for today’s rally (reports note Entergy rose ~8.4% after the announcement). Entergy (ETR) Is Up 8.4% After Meta Funds New Gas Fleet And Grid Upgrades In Louisiana
- Positive Sentiment: Barclays raised its price target to $118 and put an Overweight rating on ETR, signaling buyside support tied to the new contract and regulated growth. Benzinga
- Positive Sentiment: Mizuho increased its price target to $120 and moved to Outperform, reflecting higher earnings/capex visibility. Benzinga
- Positive Sentiment: BMO Capital Markets raised its target to $118 and kept an Outperform call, reinforcing the bullish analyst reaction. Benzinga
- Positive Sentiment: UBS/TipRanks reiterated a Buy, citing the data‑center partnership and regulated capex pipeline as supporting a premium valuation. Entergy: Data Center Partnership and Regulated Capex Pipeline Support Premium-Valuation Buy Thesis
- Neutral Sentiment: Zacks includes Entergy among defensive picks for volatile markets (dividends, low beta, steady growth) — supportive for longer‑term income investors but not an immediate price catalyst. 5 Defensive Stocks to Buy Amid Market’s Recent Bloodbath
- Neutral Sentiment: Zacks also flagged Entergy as a heavy mover on higher volume and note that recent earnings‑estimate revisions could support further gains — a technical/flow observation rather than fundamental news. Entergy (ETR) Surges 6.8%: Is This an Indication of Further Gains?
- Negative Sentiment: One Seeking Alpha piece notes a rating downgrade despite praising the Meta deal, flagging potential concerns (regulatory approval, execution risk, or valuation). This indicates some analysts remain cautious even as others raise targets. Entergy: Meta Deal Exemplifies Its Strong Growth Profile (Rating Downgrade)
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.
Further Reading
Receive News & Ratings for Entergy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entergy and related companies with MarketBeat.com's FREE daily email newsletter.
