Entergy Corporation $ETR Stock Holdings Boosted by Capital International Inc. CA

Capital International Inc. CA boosted its position in Entergy Corporation (NYSE:ETR) by 13.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund 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.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. New York State Teachers Retirement System increased its stake in Entergy by 5.4% during the 3rd quarter. New York State Teachers Retirement System now owns 433,613 shares of the utilities provider’s stock valued at $40,408,000 after buying an additional 22,148 shares during the period. New York State Common Retirement Fund increased its stake in shares of Entergy by 3.9% during the third quarter. New York State Common Retirement Fund now owns 184,690 shares of the utilities provider’s stock valued at $17,211,000 after acquiring an additional 7,000 shares during the period. TD Waterhouse Canada Inc. raised its holdings in Entergy by 124.6% during the third 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 in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Entergy by 13.9% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 59,279 shares of the utilities provider’s stock worth $5,524,000 after purchasing an additional 7,212 shares during the period. Finally, World Investment Advisors boosted its stake in Entergy by 269.9% during the 3rd quarter. World Investment Advisors now owns 22,384 shares of the utilities provider’s stock valued at $2,086,000 after purchasing an additional 16,332 shares in the last quarter. Institutional investors own 88.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on ETR shares. Morgan Stanley set a $98.00 price objective on Entergy in a research note on Friday, February 20th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $112.00 price target on shares of Entergy in a research report on Friday, January 23rd. Barclays set a $96.00 price objective on shares of Entergy and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Mizuho set a $112.00 target price on shares of Entergy in a research note on Friday, February 13th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Entergy in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $106.61.

Entergy Price Performance

NYSE ETR opened at $104.72 on Wednesday. The company has a current ratio of 0.74, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65. Entergy Corporation has a 1 year low of $75.57 and a 1 year high of $107.93. The company has a market cap of $47.44 billion, a PE ratio of 26.78, a PEG ratio of 2.07 and a beta of 0.64. The stock’s 50-day moving average price is $98.91 and its two-hundred day moving average price is $95.23.

Entergy (NYSE:ETR) last announced its earnings results on Thursday, February 12th. The utilities provider reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). The firm had revenue of $2.96 billion during the quarter, compared to analyst estimates of $2.99 billion. Entergy had a return on equity of 10.89% and a net margin of 13.66%.During the same quarter in the previous year, the business earned $0.66 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, analysts predict that Entergy Corporation will post 3.88 EPS for the current year.

Entergy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors 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 2.4%. Entergy’s dividend payout ratio (DPR) is currently 65.47%.

Insiders Place Their Bets

In other Entergy news, EVP John C. Dinelli sold 5,372 shares of Entergy stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $103.95, for a total transaction 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. The trade was a 18.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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.