John Dinelli Sells 5,372 Shares of Entergy (NYSE:ETR) Stock

Entergy Corporation (NYSE:ETR) EVP John Dinelli sold 5,372 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $103.95, for a total transaction of $558,419.40. Following the transaction, the executive vice president owned 23,609 shares of the company’s stock, valued at approximately $2,454,155.55. This represents a 18.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Entergy Price Performance

NYSE:ETR opened at $106.20 on Thursday. Entergy Corporation has a 52-week low of $75.57 and a 52-week high of $106.71. The company has a market cap of $48.11 billion, a P/E ratio of 27.16, a P/E/G ratio of 2.08 and a beta of 0.65. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.74. The stock’s 50-day simple moving average is $96.54 and its 200 day simple moving average is $94.18.

Entergy (NYSE:ETR) last posted its quarterly earnings results on Thursday, February 12th. The utilities provider reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). The company had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $2.99 billion. Entergy had a net margin of 13.66% and a return on equity of 10.89%. During the same quarter in the prior year, the business 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 EPS for the current fiscal year.

Entergy Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ETR shares. Weiss Ratings reissued a “buy (b)” rating on shares of Entergy in a research report on Thursday, January 22nd. Citigroup raised their target price on shares of Entergy from $91.00 to $106.00 and gave the company a “neutral” rating in a research note on Tuesday, November 18th. UBS Group reissued a “buy” rating and set a $105.00 price target (up from $96.00) on shares of Entergy in a research report on Wednesday, December 17th. Barclays set a $96.00 price objective on Entergy and gave the company an “overweight” rating in a research note on Thursday, January 15th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $112.00 target price on shares of Entergy in a research note on Friday, January 23rd. One equities 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. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $106.11.

Institutional Investors Weigh In On Entergy

A number of institutional investors have recently made changes to their positions in the company. United Community Bank increased its stake in shares of Entergy by 806.7% during 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 during the period. Washington Trust Advisors Inc. grew its holdings in Entergy by 119.4% in the 4th quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock valued at $26,000 after buying an additional 154 shares in the last quarter. Capital A Wealth Management LLC grew its holdings in Entergy by 5,466.7% in the 2nd quarter. Capital A Wealth Management LLC now owns 334 shares of the utilities provider’s stock valued at $28,000 after buying an additional 328 shares in the last quarter. GoalVest Advisory LLC increased its position in Entergy by 5,733.3% during the 2nd quarter. GoalVest Advisory LLC now owns 350 shares of the utilities provider’s stock worth $29,000 after buying an additional 344 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of Entergy during the second quarter worth $30,000. Institutional investors own 88.07% 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.