Entergy Corporation $ETR Shares Sold by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd trimmed its stake in shares of Entergy Corporation (NYSE:ETR) by 15.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 763,192 shares of the utilities provider’s stock after selling 137,348 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Entergy were worth $70,542,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. IFM Investors Pty Ltd raised its position in shares of Entergy by 0.5% during the 4th quarter. IFM Investors Pty Ltd now owns 111,966 shares of the utilities provider’s stock worth $10,349,000 after purchasing an additional 550 shares during the period. Picton Mahoney Asset Management raised its position in shares of Entergy by 73,616.7% during the 4th quarter. Picton Mahoney Asset Management now owns 13,269 shares of the utilities provider’s stock worth $1,226,000 after purchasing an additional 13,251 shares during the period. Empowered Funds LLC raised its position in shares of Entergy by 4.7% during the 4th quarter. Empowered Funds LLC now owns 28,598 shares of the utilities provider’s stock worth $2,643,000 after purchasing an additional 1,289 shares during the period. Meeder Advisory Services Inc. raised its position in shares of Entergy by 20.7% during the 4th quarter. Meeder Advisory Services Inc. now owns 14,348 shares of the utilities provider’s stock worth $1,326,000 after purchasing an additional 2,456 shares during the period. Finally, Inceptionr LLC acquired a new stake in Entergy in the 4th quarter valued at approximately $741,000. 88.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Entergy

In other news, insider Haley Fisackerly sold 10,638 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $110.00, for a total value of $1,170,180.00. Following the sale, the insider owned 14,182 shares of the company’s stock, 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 is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.21% of the company’s stock.

Entergy Stock Down 0.4%

ETR opened at $110.00 on Friday. 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 quick ratio of 0.73 and a current ratio of 0.96. The stock’s fifty day moving average is $112.51 and its 200-day moving average is $103.36. The company has a market capitalization of $50.37 billion, a PE ratio of 28.06, a P/E/G ratio of 1.89 and a beta of 0.50.

Entergy (NYSE:ETR) last posted its quarterly earnings data 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 return on equity of 10.75% and a net margin of 13.48%.The company had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $2.89 billion. During the same quarter in the previous year, the business earned $0.82 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, equities analysts predict that Entergy Corporation will post 4.4 EPS for the current fiscal year.

Entergy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 1st were paid a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, May 1st. Entergy’s payout ratio is currently 65.31%.

Analyst Upgrades and Downgrades

ETR has been the topic of several analyst reports. Scotiabank restated a “sector outperform” rating on shares of Entergy in a research report on Wednesday. Mizuho set a $122.00 target price on Entergy and gave the company an “outperform” rating in a research report on Wednesday. KeyCorp restated an “overweight” rating and issued a $123.00 target price (up from $118.00) on shares of Entergy in a research report on Tuesday, April 21st. Wall Street Zen upgraded Entergy from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Wells Fargo & Company raised their target price on Entergy from $123.00 to $128.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Seventeen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Entergy presently has an average rating of “Moderate Buy” and an average price target of $119.68.

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.