Retireful LLC Buys Shares of 6,852 Entergy Corporation $ETR

Retireful LLC bought a new stake in Entergy Corporation (NYSE:ETR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,852 shares of the utilities provider’s stock, valued at approximately $640,000.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in Entergy by 275.6% during the 4th quarter. Brighton Jones LLC now owns 9,176 shares of the utilities provider’s stock worth $696,000 after acquiring an additional 6,733 shares during the period. Woodline Partners LP lifted its stake in shares of Entergy by 40.7% in the 1st quarter. Woodline Partners LP now owns 36,228 shares of the utilities provider’s stock valued at $3,097,000 after purchasing an additional 10,476 shares during the period. New York State Common Retirement Fund boosted its position in shares of Entergy by 1.6% in the 2nd quarter. New York State Common Retirement Fund now owns 177,690 shares of the utilities provider’s stock worth $14,770,000 after purchasing an additional 2,786 shares during the last quarter. Lido Advisors LLC boosted its position in shares of Entergy by 1.1% in the 2nd quarter. Lido Advisors LLC now owns 13,765 shares of the utilities provider’s stock worth $1,144,000 after purchasing an additional 150 shares during the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of Entergy by 10.3% during the second quarter. Fisher Asset Management LLC now owns 3,723 shares of the utilities provider’s stock worth $309,000 after purchasing an additional 347 shares during the period. Institutional investors and hedge funds own 88.07% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on ETR. Wall Street Zen lowered Entergy from a “hold” rating to a “sell” rating in a research note on Sunday, February 22nd. Citigroup boosted their target price on Entergy from $106.00 to $116.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 18th. KeyCorp upped their price target on Entergy from $102.00 to $111.00 and gave the company an “overweight” rating in a research note on Wednesday, March 4th. Royal Bank Of Canada reissued an “outperform” rating and set a $112.00 price objective on shares of Entergy in a research note on Friday, January 23rd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Entergy from $113.00 to $108.00 and set an “overweight” rating for the company in a report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Entergy presently has an average rating of “Moderate Buy” and a consensus price target of $109.17.

Insiders Place Their Bets

In other news, EVP John C. Dinelli sold 5,372 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $103.95, for a total value of $558,419.40. Following the completion of the transaction, the executive vice president owned 23,609 shares in the company, valued at $2,454,155.55. This represents a 18.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.39% of the company’s stock.

Entergy Stock Performance

ETR stock opened at $113.72 on Thursday. Entergy Corporation has a 1-year low of $75.57 and a 1-year high of $114.07. The company has a current ratio of 0.74, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65. The firm has a market cap of $52.06 billion, a PE ratio of 29.08, a P/E/G ratio of 2.22 and a beta of 0.64. The business’s 50-day moving average price is $102.68 and its two-hundred day moving average price is $97.12.

Entergy (NYSE:ETR) last announced its quarterly earnings results on Thursday, February 12th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate 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 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, research analysts forecast that Entergy Corporation will post 3.88 earnings per share for the current year.

Entergy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Monday, February 9th were paid a $0.64 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $2.56 dividend on an annualized basis and a yield of 2.3%. Entergy’s payout ratio is presently 65.47%.

Entergy Company 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.