Entergy Corporation $ETR Shares Bought by World Investment Advisors

World Investment Advisors lifted its stake in shares of Entergy Corporation (NYSE:ETR) by 170.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 60,579 shares of the utilities provider’s stock after purchasing an additional 38,195 shares during the period. World Investment Advisors’ holdings in Entergy were worth $5,303,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. New York State Common Retirement Fund grew its stake in shares of Entergy by 3.9% during the 3rd quarter. New York State Common Retirement Fund now owns 184,690 shares of the utilities provider’s stock worth $17,211,000 after purchasing an additional 7,000 shares during the period. Nordea Investment Management AB grew its stake in shares of Entergy by 66.0% during the 4th quarter. Nordea Investment Management AB now owns 800,258 shares of the utilities provider’s stock worth $74,512,000 after purchasing an additional 318,221 shares during the period. TD Waterhouse Canada Inc. grew its stake in shares of Entergy by 124.6% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 24,949 shares of the utilities provider’s stock worth $2,335,000 after purchasing an additional 13,841 shares during the period. ANTIPODES PARTNERS Ltd acquired a new position in shares of Entergy during the 3rd quarter worth $108,005,000. Finally, Aurora Investment Counsel acquired a new position in shares of Entergy during the 3rd quarter worth $3,120,000. 88.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Wall Street Zen raised shares of Entergy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. Morgan Stanley set a $98.00 price target on shares of Entergy in a research note on Friday, February 20th. Citigroup reaffirmed a “neutral” rating and set a $121.00 price target (up from $116.00) on shares of Entergy in a research note on Tuesday, May 5th. Seaport Research Partners cut shares of Entergy from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. Finally, UBS Group reissued a “buy” rating and issued a $135.00 price objective (up from $131.00) on shares of Entergy in a research note on Thursday, April 30th. Two analysts have 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $119.21.

Entergy Price Performance

Shares of NYSE ETR opened at $112.84 on Friday. The stock has a market cap of $51.67 billion, a price-to-earnings ratio of 28.78, a PEG ratio of 1.92 and a beta of 0.54. Entergy Corporation has a 52 week low of $80.11 and a 52 week high of $118.44. The company’s 50-day moving average price is $110.58 and its 200 day moving average price is $101.34. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 1.80.

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

Entergy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 1st will be issued a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, May 1st. Entergy’s dividend payout ratio is 65.31%.

Insider Transactions at Entergy

In other Entergy news, EVP John C. Dinelli sold 5,372 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $103.95, for a total value of $558,419.40. Following the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.21% of the company’s stock.

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.