Entergy Corporation $ETR Shares Purchased by Capital International Inc. CA

Capital International Inc. CA raised its stake in Entergy Corporation (NYSE:ETR) by 13.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,076 shares of the utilities provider’s stock after purchasing an additional 13,144 shares during the quarter. Capital International Inc. CA’s holdings in Entergy were worth $10,165,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of ETR. Physician Wealth Advisors Inc. grew its stake in shares of Entergy by 56.9% in the third quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider’s stock valued at $30,000 after buying an additional 115 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Entergy by 150.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider’s stock valued at $30,000 after buying an additional 194 shares during the period. Capital A Wealth Management LLC lifted its position in Entergy by 5,466.7% during the 2nd quarter. Capital A Wealth Management LLC now owns 334 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 328 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in Entergy during the 2nd quarter worth approximately $30,000. Finally, JFS Wealth Advisors LLC boosted its holdings in Entergy by 46.1% in the 3rd quarter. JFS Wealth Advisors LLC now owns 412 shares of the utilities provider’s stock worth $38,000 after acquiring an additional 130 shares during the period. Institutional investors and hedge funds own 88.07% of the company’s stock.

Entergy Stock Up 0.1%

ETR stock opened at $104.72 on Wednesday. The firm has a market cap of $47.44 billion, a price-to-earnings ratio of 26.78, a PEG ratio of 2.07 and a beta of 0.64. Entergy Corporation has a 1-year low of $75.57 and a 1-year high of $107.93. The firm has a fifty day moving average price of $98.91 and a two-hundred day moving average price of $95.23. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.74 and a quick ratio of 0.51.

Entergy (NYSE:ETR) last posted 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 during the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the previous year, the business posted $0.66 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Research analysts predict that Entergy Corporation will post 3.88 EPS for the current year.

Entergy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Monday, February 9th were paid a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Monday, February 9th. Entergy’s payout ratio is presently 65.47%.

Analyst Ratings Changes

A number of analysts have recently issued reports on ETR shares. Siebert Williams Shank assumed coverage on shares of Entergy in a research note on Tuesday, January 20th. They set a “buy” rating and a $109.00 price objective on the stock. Mizuho set a $112.00 target price on shares of Entergy in a research note on Friday, February 13th. UBS Group reaffirmed a “buy” rating and set a $105.00 price target (up from $96.00) on shares of Entergy in a report on Wednesday, December 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Entergy in a research note on Thursday, January 22nd. Finally, Wells Fargo & Company boosted their price objective on shares of Entergy from $105.00 to $119.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.61.

Insider Activity at Entergy

In other news, EVP John C. Dinelli sold 5,372 shares of the stock in a transaction that occurred 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 sale, the executive vice president directly owned 23,609 shares in the company, valued at approximately $2,454,155.55. This represents a 18.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.47% of the company’s stock.

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.