Entergy Corporation $ETR Shares Acquired by Trivium Point Advisory LLC

Trivium Point Advisory LLC lifted its stake in Entergy Corporation (NYSE:ETR) by 258.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 61,853 shares of the utilities provider’s stock after purchasing an additional 44,610 shares during the quarter. Trivium Point Advisory LLC’s holdings in Entergy were worth $5,764,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. American Century Companies Inc. increased its stake in shares of Entergy by 0.8% in the 3rd quarter. American Century Companies Inc. now owns 215,992 shares of the utilities provider’s stock worth $20,128,000 after acquiring an additional 1,723 shares during the last quarter. Ninepoint Partners LP acquired a new position in shares of Entergy during the 3rd quarter valued at about $1,688,000. LeClair Wealth Partners LLC purchased a new stake in shares of Entergy in the third quarter valued at about $206,000. 1ST Source Bank acquired a new stake in Entergy during the third quarter worth about $212,000. Finally, DNB Asset Management AS raised its stake in Entergy by 25.0% during the third quarter. DNB Asset Management AS now owns 251,636 shares of the utilities provider’s stock worth $23,450,000 after purchasing an additional 50,264 shares during the period. Institutional investors and hedge funds own 88.07% of the company’s stock.

Insider Transactions at Entergy

In related news, EVP John C. Dinelli sold 5,372 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $103.95, for a total transaction of $558,419.40. Following the completion of the transaction, the executive vice president directly owned 23,609 shares of the company’s stock, valued at $2,454,155.55. The trade was a 18.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.39% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. UBS Group reissued a “buy” rating and issued a $105.00 price target (up from $96.00) on shares of Entergy in a research note on Wednesday, December 17th. Wells Fargo & Company raised their target price on Entergy from $105.00 to $119.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. Mizuho set a $112.00 price target on Entergy in a research note on Friday, February 13th. Royal Bank Of Canada reiterated an “outperform” rating and set a $112.00 price target on shares of Entergy in a report on Friday, January 23rd. Finally, Barclays set a $96.00 price objective on shares of Entergy and gave the company an “overweight” rating in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Entergy has a consensus rating of “Moderate Buy” and a consensus price target of $106.11.

Entergy Stock Performance

Shares of Entergy stock opened at $107.05 on Friday. The stock has a market capitalization of $48.49 billion, a price-to-earnings ratio of 27.38, a price-to-earnings-growth ratio of 2.09 and a beta of 0.65. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.74 and a quick ratio of 0.51. The business has a 50-day moving average of $97.12 and a 200 day moving average of $94.38. Entergy Corporation has a 12 month low of $75.57 and a 12 month high of $107.21.

Entergy (NYSE:ETR) last issued its quarterly earnings results on Thursday, February 12th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). Entergy had a return on equity of 10.89% and a net margin of 13.66%.The business had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter last year, the company earned $0.66 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, sell-side analysts forecast that Entergy Corporation will post 3.88 earnings per share for the current year.

Entergy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Monday, February 9th will be given a dividend of $0.64 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.4%. Entergy’s dividend payout ratio is currently 65.47%.

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.