Entergy Corporation $ETR Stock Holdings Lifted by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lifted its holdings in Entergy Corporation (NYSE:ETR) by 6.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 125,911 shares of the utilities provider’s stock after buying an additional 7,502 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Entergy were worth $11,638,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. MFA Wealth Services lifted its position in shares of Entergy by 3.8% in the 3rd quarter. MFA Wealth Services now owns 2,891 shares of the utilities provider’s stock worth $269,000 after buying an additional 107 shares during the last quarter. Oakworth Capital Inc. lifted its position in shares of Entergy by 7.6% in the 4th quarter. Oakworth Capital Inc. now owns 1,543 shares of the utilities provider’s stock worth $143,000 after buying an additional 109 shares during the last quarter. Guidance Capital Inc. lifted its position in shares of Entergy by 0.8% in the 3rd quarter. Guidance Capital Inc. now owns 13,956 shares of the utilities provider’s stock worth $1,348,000 after buying an additional 112 shares during the last quarter. Cape Investment Advisory Inc. lifted its position in Entergy by 2.9% in the 3rd quarter. Cape Investment Advisory Inc. now owns 4,086 shares of the utilities provider’s stock valued at $381,000 after purchasing an additional 116 shares during the last quarter. Finally, Baker Avenue Asset Management LP lifted its position in Entergy by 4.6% in 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 during the last quarter. 88.07% of the stock is currently owned by institutional investors.

Insider Activity at Entergy

In other Entergy news, insider Haley Fisackerly sold 10,638 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total transaction of $1,170,180.00. Following the sale, the insider directly owned 14,182 shares in the company, valued at approximately $1,560,020. The trade was a 42.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on ETR shares. Truist Financial set a $127.00 price objective on shares of Entergy and gave the company a “buy” rating in a research report on Friday, May 29th. Morgan Stanley set a $94.00 price objective on shares of Entergy in a research report on Thursday, May 21st. Wells Fargo & Company lifted their price objective on shares of Entergy from $123.00 to $128.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. JPMorgan Chase & Co. lifted their price objective on shares of Entergy from $126.00 to $129.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Finally, Wall Street Zen upgraded shares of Entergy from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $118.58.

Entergy Stock Up 1.4%

ETR stock opened at $109.60 on Wednesday. Entergy Corporation has a 52 week low of $80.11 and a 52 week high of $118.44. The company has a market capitalization of $50.18 billion, a price-to-earnings ratio of 27.96, a price-to-earnings-growth ratio of 1.84 and a beta of 0.50. The firm’s 50-day moving average is $112.57 and its two-hundred day moving average is $103.12. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 1.80.

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

Entergy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 1st were given a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Friday, May 1st. Entergy’s payout ratio is 65.31%.

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.