Entergy Corporation $ETR Stock Position Boosted by National Pension Service

National Pension Service grew its holdings in shares of Entergy Corporation (NYSE:ETR) by 8.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 744,432 shares of the utilities provider’s stock after purchasing an additional 57,600 shares during the period. National Pension Service owned approximately 0.17% of Entergy worth $68,808,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. SBI Okasan Asset Management Co.Ltd. bought a new position in shares of Entergy during the 4th quarter valued at about $335,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Entergy by 14.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 29,517 shares of the utilities provider’s stock valued at $2,728,000 after purchasing an additional 3,819 shares in the last quarter. CFS Investment Advisory Services LLC boosted its position in shares of Entergy by 3.4% during the 4th quarter. CFS Investment Advisory Services LLC now owns 4,874 shares of the utilities provider’s stock valued at $451,000 after purchasing an additional 158 shares in the last quarter. Baker Avenue Asset Management LP boosted its position in shares of Entergy by 4.6% during the 4th quarter. Baker Avenue Asset Management LP now owns 2,654 shares of the utilities provider’s stock valued at $245,000 after purchasing an additional 117 shares in the last quarter. Finally, Severin Investments LLC bought a new position in shares of Entergy during the 4th quarter valued at about $398,000. Institutional investors own 88.07% of the company’s stock.

Entergy Stock Performance

Shares of ETR opened at $108.89 on Friday. The stock has a market cap of $49.86 billion, a price-to-earnings ratio of 27.78, a PEG ratio of 1.86 and a beta of 0.54. Entergy Corporation has a one year low of $80.11 and a one year high of $118.44. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.96 and a quick ratio of 0.73. The company has a 50-day moving average of $111.85 and a two-hundred day moving average of $102.43.

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, beating the consensus estimate of $0.84 by $0.02. The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $2.89 billion. Entergy had a return on equity of 10.75% and a net margin of 13.48%.During the same period in the previous year, the firm earned $0.82 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, equities research analysts expect that Entergy Corporation will post 4.4 earnings per share for the current year.

Entergy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 1st will be given a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, May 1st. Entergy’s dividend payout ratio is 65.31%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating and set a $131.00 price objective (up from $114.00) on shares of Entergy in a research report on Monday, April 20th. Argus raised their price objective on shares of Entergy from $100.00 to $118.00 and gave the company a “buy” rating in a research report on Monday, April 6th. Mizuho raised their price objective on shares of Entergy from $112.00 to $120.00 and gave the company an “outperform” rating in a research report on Monday, March 30th. Morgan Stanley set a $94.00 target price on shares of Entergy in a report on Thursday, May 21st. Finally, BMO Capital Markets raised their target price on shares of Entergy from $118.00 to $127.00 and gave the stock an “outperform” rating in a report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $118.84.

Entergy 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.