NEOS Investment Management LLC Has $10.86 Million Stock Holdings in Entergy Corporation $ETR

NEOS Investment Management LLC raised its stake in Entergy Corporation (NYSE:ETR) by 32.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 116,575 shares of the utilities provider’s stock after purchasing an additional 28,488 shares during the period. NEOS Investment Management LLC’s holdings in Entergy were worth $10,864,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Guidance Capital Inc. grew its stake in Entergy by 0.8% in the 3rd quarter. Guidance Capital Inc. now owns 13,956 shares of the utilities provider’s stock valued at $1,348,000 after buying an additional 112 shares during the last quarter. Physician Wealth Advisors Inc. boosted its holdings in shares of Entergy by 56.9% during the third quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 115 shares during the period. Mesirow Financial Investment Management Inc. grew its position in shares of Entergy by 3.1% in the second quarter. Mesirow Financial Investment Management Inc. now owns 3,864 shares of the utilities provider’s stock valued at $321,000 after purchasing an additional 116 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in shares of Entergy by 0.3% during the second quarter. DekaBank Deutsche Girozentrale now owns 41,397 shares of the utilities provider’s stock worth $3,377,000 after purchasing an additional 118 shares during the period. Finally, CW Advisors LLC increased its stake in shares of Entergy by 3.4% during the second quarter. CW Advisors LLC now owns 3,706 shares of the utilities provider’s stock worth $308,000 after purchasing an additional 121 shares during the period. 88.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ETR. Morgan Stanley reaffirmed an “underperform” rating on shares of Entergy in a report on Wednesday, January 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Entergy in a research report on Thursday, January 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $112.00 price target on shares of Entergy in a research report on Friday, January 23rd. Siebert Williams Shank started coverage on shares of Entergy in a research note on Tuesday, January 20th. They issued a “buy” rating and a $109.00 price objective for the company. Finally, UBS Group restated a “buy” rating and set a $105.00 target price (up previously from $96.00) on shares of Entergy in a research report on Wednesday, December 17th. One equities research 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $105.72.

Entergy Trading Down 0.7%

Shares of Entergy stock opened at $104.36 on Wednesday. The company has a quick ratio of 0.48, a current ratio of 0.71 and a debt-to-equity ratio of 1.62. Entergy Corporation has a 12-month low of $75.57 and a 12-month high of $106.71. The company has a market capitalization of $46.60 billion, a price-to-earnings ratio of 26.69, a PEG ratio of 2.34 and a beta of 0.65. The firm’s 50-day moving average price is $95.17 and its two-hundred day moving average price is $93.63.

Entergy (NYSE:ETR) last issued its quarterly earnings results on Thursday, February 12th. The utilities provider reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). The firm had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $2.99 billion. Entergy had a return on equity of 11.04% and a net margin of 13.66%.During the same period last year, the company posted $0.66 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, analysts forecast that Entergy Corporation will post 3.88 earnings per share for the current fiscal year.

Entergy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Monday, February 9th will be issued a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, February 9th. Entergy’s dividend payout ratio (DPR) is currently 65.47%.

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.