Entergy Corporation $ETR Stock Holdings Increased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC increased its holdings in Entergy Corporation (NYSE:ETR) by 6.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,911 shares of the utilities provider’s stock after purchasing an additional 7,502 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Entergy were worth $11,638,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in ETR. Brighton Jones LLC raised its holdings in shares of Entergy by 275.6% in the 4th quarter. Brighton Jones LLC now owns 9,176 shares of the utilities provider’s stock worth $696,000 after purchasing an additional 6,733 shares in the last quarter. Woodline Partners LP increased its position in shares of Entergy by 40.7% in the first quarter. Woodline Partners LP now owns 36,228 shares of the utilities provider’s stock worth $3,097,000 after acquiring an additional 10,476 shares in the last quarter. Marshall Wace LLP purchased a new position in shares of Entergy in the second quarter worth approximately $6,869,000. Brown Advisory Inc. increased its position in shares of Entergy by 4.8% in the second quarter. Brown Advisory Inc. now owns 4,254 shares of the utilities provider’s stock worth $354,000 after acquiring an additional 193 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new position in shares of Entergy in the second quarter worth approximately $17,225,000. 88.07% of the stock is currently owned by institutional investors.

Entergy Stock Performance

Shares of ETR opened at $109.60 on Wednesday. The company’s 50 day moving average price is $112.57 and its 200 day moving average price is $103.12. Entergy Corporation has a 52 week low of $80.11 and a 52 week high of $118.44. The company has a market capitalization of $50.18 billion, a PE ratio of 27.96, a PEG ratio of 1.84 and a beta of 0.50. 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 (NYSE:ETR) last announced its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.02. Entergy had a net margin of 13.48% and a return on equity of 10.75%. The firm had revenue of $3.19 billion for the quarter, compared to the consensus estimate of $2.89 billion. During the same period in the previous year, the firm posted $0.82 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Research analysts expect that Entergy Corporation will post 4.4 EPS for the current fiscal year.

Entergy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 1st were given a $0.64 dividend. This represents a $2.56 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Friday, May 1st. Entergy’s payout ratio is currently 65.31%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Scotiabank reissued an “outperform” rating and issued a $129.00 target price (up from $114.00) on shares of Entergy in a research report on Thursday, April 30th. BMO Capital Markets lifted their target price on shares of Entergy from $118.00 to $127.00 and gave the stock an “outperform” rating in a research report on Monday, April 13th. Wall Street Zen raised shares of Entergy from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. Citigroup reissued a “neutral” rating and issued a $121.00 target price (up from $116.00) on shares of Entergy in a research report on Tuesday, May 5th. Finally, Seaport Research Partners downgraded shares of Entergy from a “buy” rating to a “neutral” rating in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Entergy currently has a consensus rating of “Moderate Buy” and a consensus target price of $118.58.

Insider Buying and Selling

In other Entergy news, insider Haley Fisackerly sold 10,638 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total value of $1,170,180.00. Following the completion of the sale, the insider directly owned 14,182 shares of the company’s stock, valued at $1,560,020. The trade was a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by corporate insiders.

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.