Entergy Corporation $ETR Stock Holdings Increased by National Pension Service

National Pension Service lifted its stake in Entergy Corporation (NYSE:ETR) by 8.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 744,432 shares of the utilities provider’s stock after acquiring an additional 57,600 shares during the quarter. National Pension Service’s holdings in Entergy were worth $68,808,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. United Community Bank lifted its position in shares of Entergy by 806.7% in the fourth quarter. United Community Bank now owns 272 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 242 shares in the last quarter. Washington Trust Advisors Inc. lifted its position in shares of Entergy by 119.4% in the fourth quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 154 shares in the last quarter. Physician Wealth Advisors Inc. lifted its position 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 worth $30,000 after purchasing an additional 115 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of Entergy by 150.4% in the third quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 194 shares in the last quarter. Finally, Valley National Advisers Inc. lifted its position in shares of Entergy by 306.0% in the fourth quarter. Valley National Advisers Inc. now owns 341 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 257 shares in the last quarter. 88.07% of the stock is owned by hedge funds and other institutional investors.

Entergy Price Performance

Shares of ETR opened at $108.89 on Friday. The firm has a market cap of $49.86 billion, a PE ratio of 27.78, a PEG ratio of 1.86 and a beta of 0.54. The firm’s 50 day moving average price is $111.85 and its 200 day moving average price is $102.43. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.73 and a current ratio of 0.96. Entergy Corporation has a twelve month low of $80.11 and a twelve month high of $118.44.

Entergy (NYSE:ETR) last announced its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $0.86 EPS for the quarter, beating the consensus estimate of $0.84 by $0.02. Entergy had a return on equity of 10.75% and a net margin of 13.48%.The company had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $2.89 billion. During the same quarter last year, the company posted $0.82 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, research analysts expect that Entergy Corporation will post 4.4 EPS for the current fiscal year.

Entergy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 1st will be issued a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, May 1st. Entergy’s dividend payout ratio (DPR) is 65.31%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of Entergy from $126.00 to $129.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Mizuho raised their price objective on shares of Entergy from $112.00 to $120.00 and gave the company an “outperform” rating in a research report on Monday, March 30th. UBS Group reaffirmed a “buy” rating and set a $135.00 price objective (up from $131.00) on shares of Entergy in a research report on Thursday, April 30th. Citigroup reaffirmed a “neutral” rating and set a $121.00 price objective (up from $116.00) on shares of Entergy in a research report on Tuesday, May 5th. Finally, Evercore set a $115.00 price objective on shares of Entergy in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $118.84.

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.