Sowell Financial Services LLC lowered its stake in Entergy Corporation (NYSE:ETR – Free Report) by 79.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,346 shares of the utilities provider’s stock after selling 20,137 shares during the period. Sowell Financial Services LLC’s holdings in Entergy were worth $531,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in ETR. Fifth Third Wealth Advisors LLC increased its holdings in shares of Entergy by 1.8% in the third quarter. Fifth Third Wealth Advisors LLC now owns 10,830 shares of the utilities provider’s stock valued at $1,075,000 after purchasing an additional 192 shares during the period. BRIA Capital Group LLC boosted its position in Entergy by 24.6% in the third quarter. BRIA Capital Group LLC now owns 5,539 shares of the utilities provider’s stock valued at $550,000 after buying an additional 1,092 shares during the last quarter. Yousif Capital Management LLC increased its holdings in Entergy by 2.4% in the 3rd quarter. Yousif Capital Management LLC now owns 55,278 shares of the utilities provider’s stock worth $5,487,000 after buying an additional 1,297 shares during the period. Private Wealth Partners LLC increased its holdings in Entergy by 2.6% in the 3rd quarter. Private Wealth Partners LLC now owns 9,950 shares of the utilities provider’s stock worth $988,000 after buying an additional 250 shares during the period. Finally, Royal Fund Management LLC raised its position in Entergy by 102.3% during the 3rd quarter. Royal Fund Management LLC now owns 8,700 shares of the utilities provider’s stock worth $864,000 after buying an additional 4,400 shares during the last quarter. 88.07% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts have commented on the stock. Mizuho decreased their price objective on shares of Entergy from $122.00 to $121.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Weiss Ratings lowered shares of Entergy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, August 20th. BMO Capital Markets reduced their target price on shares of Entergy from $124.00 to $123.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. HSBC started coverage on shares of Entergy in a research report on Thursday, October 22nd. They set a “buy” rating and a $123.50 target price for the company. Finally, BTIG Research lowered their price target on shares of Entergy from $126.00 to $117.00 and set a “buy” rating on the stock in a report on Tuesday, October 20th. Twenty research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $121.25.
View Our Latest Stock Analysis on Entergy
Entergy Trading Down 0.3%
Entergy stock opened at $109.78 on Tuesday. The firm has a market cap of $51.23 billion, a PE ratio of 27.45, a P/E/G ratio of 2.41 and a beta of 0.46. Entergy Corporation has a 12 month low of $90.87 and a 12 month high of $118.44. The stock’s 50 day simple moving average is $104.46 and its two-hundred day simple moving average is $107.38. The company has a current ratio of 0.91, a quick ratio of 0.70 and a debt-to-equity ratio of 1.73.
Entergy (NYSE:ETR – Get Free Report) last posted its earnings results on Monday, November 2nd. The utilities provider reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.25. Entergy had a net margin of 13.40% and a return on equity of 10.53%. The firm had revenue of $4.37 billion during the quarter, compared to analyst estimates of $4.12 billion. During the same period in the previous year, the firm earned $1.53 EPS. Analysts anticipate that Entergy Corporation will post 4.40 earnings per share for the current year.
Entergy Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 13th will be given a dividend of $0.68 per share. This is a boost from Entergy’s previous quarterly dividend of $0.64. The ex-dividend date is Friday, November 13th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.5%. Entergy’s payout ratio is 65.64%.
Insider Activity at Entergy
In other Entergy news, Director Ralph Lewis Ropp acquired 1,000 shares of the company’s stock in a transaction on Thursday, August 6th. The shares were bought at an average cost of $106.08 per share, with a total value of $106,080.00. Following the completion of the acquisition, the director owned 3,423 shares in the company, valued at approximately $363,111.84. This trade represents a 41.27% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Laura Landreaux sold 5,600 shares of the business’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $106.20, for a total transaction of $594,720.00. Following the completion of the sale, the insider directly owned 22,589 shares of the company’s stock, valued at approximately $2,398,951.80. The trade was a 19.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is currently owned by company insiders.
Key Entergy News
Here are the key news stories impacting Entergy this week:
- Positive Sentiment: Entergy reported third-quarter adjusted earnings of $1.98 per share, up from $1.53 a year ago and ahead of analyst estimates of roughly $1.71–$1.73. Revenue increased to $4.37 billion, exceeding the $4.12 billion consensus estimate. Strong electricity demand, favorable weather and regulatory rate actions supported the performance. Entergy reports third quarter 2026 financial results
- Positive Sentiment: The utility raised the lower end of its 2026 earnings guidance by $0.10 per share and narrowed its guidance range, signaling greater confidence in near-term results. Management also affirmed its broader financial outlook. Entergy: 3 Key Takeaways for Long-Term Investors
- Positive Sentiment: Entergy increased its quarterly dividend to $0.68 per share, a 6.3% increase from $0.64. The new payout equals $2.72 annually and provides an approximately 2.5% yield, enhancing the stock’s income appeal.
- Positive Sentiment: The company added $1.5 billion to its capital plan through 2030. Although this raises investment needs, it also reflects opportunities to expand and strengthen the regulated utility business over the long term. Entergy: 3 Key Takeaways for Long-Term Investors
- Neutral Sentiment: Higher operating costs pressured results, partially offsetting favorable demand, weather and regulatory trends. The expanded capital plan could support future earnings growth but may also increase financing requirements for a company that already carries substantial leverage.
Entergy Profile
Entergy Corporation is an integrated energy company that operates as a regulated electric utility. Through its operating companies, the company generates, transmits and distributes electricity to residential, commercial, industrial and governmental customers. Its generation portfolio includes nuclear, natural gas, renewable and other power resources, while its transmission and distribution networks deliver electricity across its service territories.
Entergy serves customers in Arkansas, Louisiana, Mississippi and Texas, including the New Orleans area through Entergy New Orleans.
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