Gateway Wealth Partners LLC Buys Shares of 4,949 Entergy Corporation $ETR

Gateway Wealth Partners LLC purchased a new position in shares of Entergy Corporation (NYSE:ETR) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,949 shares of the utilities provider’s stock, valued at approximately $556,000.

Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Entergy by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 58,537,223 shares of the utilities provider’s stock valued at $5,410,596,000 after acquiring an additional 589,317 shares in the last quarter. State Street Corp increased its stake in shares of Entergy by 4.4% during the fourth quarter. State Street Corp now owns 24,356,461 shares of the utilities provider’s stock valued at $2,251,268,000 after acquiring an additional 1,018,503 shares during the period. JPMorgan Chase & Co. raised its holdings in Entergy by 54.9% during the fourth quarter. JPMorgan Chase & Co. now owns 22,694,994 shares of the utilities provider’s stock worth $2,097,699,000 after purchasing an additional 8,046,287 shares in the last quarter. Geode Capital Management LLC raised its holdings in Entergy by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 11,607,806 shares of the utilities provider’s stock worth $1,068,725,000 after purchasing an additional 126,625 shares in the last quarter. Finally, Morgan Stanley lifted its position in Entergy by 22.9% in the fourth quarter. Morgan Stanley now owns 10,651,436 shares of the utilities provider’s stock worth $984,512,000 after purchasing an additional 1,986,369 shares during the period. 88.07% of the stock is owned by institutional investors and hedge funds.

Entergy Trading Up 0.3%

Shares of NYSE:ETR opened at $108.07 on Friday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.73 and a current ratio of 0.91. The stock has a market capitalization of $49.48 billion, a price-to-earnings ratio of 27.71, a PEG ratio of 1.84 and a beta of 0.50. Entergy Corporation has a 1-year low of $86.40 and a 1-year high of $118.44. The company has a 50 day moving average price of $112.38 and a 200 day moving average price of $108.31.

Entergy (NYSE:ETR) last posted its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.02. Entergy had a return on equity of 10.53% and a net margin of 13.40%.The company had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.49 billion. During the same quarter in the prior year, the company earned $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, research analysts anticipate that Entergy Corporation will post 4.4 EPS for the current fiscal year.

Insider Activity

In related news, insider Haley Fisackerly sold 10,638 shares of Entergy 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 transaction, the insider directly owned 14,182 shares in the company, valued at $1,560,020. The trade was a 42.86% decrease in their position. 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 owned by insiders.

Wall Street Analysts Forecast Growth

ETR has been the subject of a number of research reports. Truist Financial set a $127.00 price target on Entergy and gave the company a “buy” rating in a research note on Friday, May 29th. KeyCorp restated an “overweight” rating and issued a $123.00 price objective (up from $118.00) on shares of Entergy in a report on Tuesday, April 21st. UBS Group restated a “buy” rating and issued a $135.00 price objective (up from $131.00) on shares of Entergy in a report on Thursday, April 30th. Argus raised their target price on Entergy from $100.00 to $118.00 and gave the company a “buy” rating in a research note on Monday, April 6th. Finally, Weiss Ratings lowered Entergy from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, July 20th. Seventeen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $121.05.

Key Entergy News

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Entergy reported second-quarter adjusted and as-reported earnings of $1.03 per share, exceeding consensus estimates of approximately $0.94–$1.01. Revenue reached $3.52 billion, also above expectations. Entergy reports second quarter 2026 financial results
• Positive Sentiment: Weather-adjusted retail electricity sales increased 5.7%, led by a 9.9% increase in industrial volume. The growth supports Entergy’s strategy of benefiting from rising power demand from industrial and other large-load customers. Entergy Reports Second Quarter Earnings and Affirms 2026 Guidance
• Positive Sentiment: Management affirmed its 2026 adjusted EPS outlook of $4.25 to $4.45, broadly consistent with the $4.40 analyst consensus, reducing the risk of a near-term guidance reset. Entergy also highlighted regulatory progress and grid investment initiatives.
• Positive Sentiment: Entergy Texas received an approximately $200 million Texas Energy Fund grant to support electric reliability, while grid-related funding and regulatory actions could help finance future system expansion.
• Neutral Sentiment: Entergy completed a $2.175 billion common-stock offering with a forward component. The capital strengthens funding for growth and infrastructure, but increases the share count and may limit per-share upside.
• Negative Sentiment: Quarterly EPS declined from $1.05 a year earlier to $1.03, as higher operating costs and interest expense offset part of the sales improvement. Parent & Other also reported a $143 million loss, or $0.31 per share.

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.