BROOKFIELD Corp ON Sells 207,843 Shares of Entergy Corporation $ETR

BROOKFIELD Corp ON lowered its position in shares of Entergy Corporation (NYSE:ETR) by 99.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,080 shares of the utilities provider’s stock after selling 207,843 shares during the quarter. BROOKFIELD Corp ON’s holdings in Entergy were worth $121,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. United Community Bank grew its stake in Entergy by 806.7% during the fourth quarter. United Community Bank now owns 272 shares of the utilities provider’s stock worth $25,000 after buying an additional 242 shares during the last quarter. Washington Trust Advisors Inc. increased its holdings in shares of Entergy by 119.4% during the fourth quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock worth $26,000 after buying an additional 154 shares in the last quarter. Union Savings Bank bought a new position in shares of Entergy in the fourth quarter valued at approximately $28,000. Fairway Wealth LLC bought a new position in shares of Entergy in the first quarter valued at approximately $30,000. Finally, Dynamic Wealth Strategies LLC acquired a new position in shares of Entergy in the 1st quarter worth approximately $30,000. 88.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ETR has been the topic of a number of research analyst reports. Citigroup restated a “neutral” rating and set a $121.00 price target (up from $116.00) on shares of Entergy in a research report on Tuesday, May 5th. Morgan Stanley set a $109.00 price objective on Entergy in a research report on Wednesday. Mizuho set a $122.00 target price on Entergy and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Argus increased their target price on Entergy from $100.00 to $118.00 and gave the stock a “buy” rating in a report on Monday, April 6th. Finally, Barclays lowered their target price on Entergy from $124.00 to $119.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Seventeen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $121.05.

Insider Buying and Selling at Entergy

In other news, insider Haley Fisackerly sold 10,638 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $110.00, for a total transaction of $1,170,180.00. Following the transaction, the insider owned 14,182 shares of the company’s stock, valued at $1,560,020. This represents a 42.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by insiders.

Entergy Stock Performance

ETR stock opened at $115.95 on Monday. 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 price of $112.41 and a 200 day moving average price of $107.79. Entergy Corporation has a fifty-two week low of $86.40 and a fifty-two week high of $118.44. The stock has a market capitalization of $53.09 billion, a PE ratio of 29.58, a price-to-earnings-growth ratio of 1.98 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.02. The firm had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $2.89 billion. Entergy had a return on equity of 10.75% and a net margin of 13.48%.During the same quarter in the prior year, the business earned $0.82 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Analysts forecast that Entergy Corporation will post 4.4 EPS for the current year.

Key Headlines Impacting Entergy

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: KeyCorp raised Entergy’s longer-term earnings outlook, including FY2027 EPS to $5.13, FY2028 to $5.75, FY2029 to $6.41, and FY2030 to $7.23, reinforcing a bullish case for the stock.
• Positive Sentiment: KeyCorp maintained an Overweight rating on Entergy and reiterated a $123 price target, signaling confidence in further share-price upside.
• Positive Sentiment: BMO Capital Markets also issued a report pointing to strong price appreciation potential for Entergy, adding to the optimistic analyst tone. Article Title
• Neutral Sentiment: At the same time, a separate Yahoo Finance article argued that Entergy may still look overvalued after its recent run, which could temper enthusiasm. Article Title
• Neutral Sentiment: KeyCorp’s near-term estimate changes were mixed: it lowered Q2 2026 EPS to $0.95 from $1.10 and Q4 2026 EPS to $0.72 from $0.65, while raising Q3 2026 EPS to $1.86 from $1.73.

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.