Royal Fund Management LLC Cuts Position in Entergy Corporation $ETR

Royal Fund Management LLC decreased its holdings in shares of Entergy Corporation (NYSE:ETR) by 45.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,600 shares of the utilities provider’s stock after selling 14,400 shares during the period. Royal Fund Management LLC’s holdings in Entergy were worth $1,627,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. New York State Teachers Retirement System increased its holdings in shares of Entergy by 5.4% during the third quarter. New York State Teachers Retirement System now owns 433,613 shares of the utilities provider’s stock valued at $40,408,000 after acquiring an additional 22,148 shares in the last quarter. New York State Common Retirement Fund boosted its stake in Entergy by 3.9% in 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 in the last quarter. Nordea Investment Management AB boosted its stake in Entergy by 66.0% in 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 in the last quarter. TD Waterhouse Canada Inc. grew its position in Entergy by 124.6% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 24,949 shares of the utilities provider’s stock valued at $2,335,000 after purchasing an additional 13,841 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Entergy by 13.9% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 59,279 shares of the utilities provider’s stock valued at $5,524,000 after purchasing an additional 7,212 shares in the last quarter. 88.07% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Entergy

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Meta Platforms will fully fund new natural?gas generation, major transmission upgrades, batteries and up to 2.5 GW of solar to support a large AI data center in Louisiana, creating a multi?decade, contract?backed growth runway for Entergy with limited rate pressure on other customers. Entergy (ETR) Is Up 8.4% After Meta Funds New Gas Fleet And Grid Upgrades In Louisiana
• Positive Sentiment: Media/analyst coverage frames the Meta deal as highly favorable to Entergy’s regulated growth profile and long?term valuation, boosting investor interest. Meta Platforms Just Made Entergy a Top Stock to Buy… and It Pays a 2.49% Dividend
• Positive Sentiment: Multiple brokerages raised price targets and issued favorable ratings (Mizuho, Barclays, BMO), reflecting upward revisions to earnings/valuation assumptions after the customer and capex visibility improvements. Benzinga – Price Target Raises
• Positive Sentiment: UBS reaffirmed/maintained a Buy thesis emphasizing the data?center partnership and regulated capex pipeline as justification for a premium valuation. Entergy: Data Center Partnership and Regulated Capex Pipeline Support Premium-Valuation Buy Thesis
• Positive Sentiment: Published lists of defensive names (Zacks) highlight Entergy for dividend yield, low beta and steady regulated cash flows—supporting demand from income/seeking safety investors amid market volatility. 5 Defensive Stocks to Buy Amid Market’s Recent Bloodbath
• Neutral Sentiment: Entergy announced a planned transition of its Senior VP & Chief Accounting Officer — a controlled, planned change that investors should monitor for continuity but that is not currently a material operational shock. Entergy Announces Planned Transition of Chief Accounting Officer
• Neutral Sentiment: MarketWatch notes the stock rose but still lags broader market performance, a reminder that momentum is mixed despite the positive headlines. Entergy Corp. stock rises Tuesday, still underperforms market
• Negative Sentiment: Recent quarterly results showed a small EPS miss and revenue slightly below estimates versus year?ago levels (FY guidance given for 2026), which remains a near?term performance risk if operational or rate headwinds emerge.

Analysts Set New Price Targets

Several research analysts have issued reports on ETR shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $112.00 target price on shares of Entergy in a report on Friday, January 23rd. Wall Street Zen downgraded shares of Entergy from a “hold” rating to a “sell” rating in a research report on Sunday, February 22nd. Morgan Stanley set a $98.00 price objective on shares of Entergy in a report on Friday, February 20th. TD Cowen began coverage on Entergy in a research report on Friday, January 9th. They issued a “buy” rating and a $108.00 price objective on the stock. Finally, Citigroup increased their target price on Entergy from $106.00 to $116.00 and gave the company a “neutral” rating in a research note on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $109.17.

Insider Activity at Entergy

In related news, EVP John C. Dinelli sold 5,372 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $103.95, for a total transaction of $558,419.40. Following the completion of the sale, the executive vice president owned 23,609 shares in the company, 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 can be accessed through the SEC website. 0.47% of the stock is owned by insiders.

Entergy Stock Up 1.1%

ETR opened at $112.29 on Wednesday. The company has a quick ratio of 0.51, a current ratio of 0.74 and a debt-to-equity ratio of 1.65. The firm has a 50 day moving average price of $102.32 and a 200-day moving average price of $97.00. Entergy Corporation has a twelve month low of $75.57 and a twelve month high of $112.53. The stock has a market capitalization of $51.40 billion, a price-to-earnings ratio of 28.72, a PEG ratio of 2.19 and a beta of 0.64.

Entergy (NYSE:ETR) last issued its quarterly earnings data 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). Entergy had a net margin of 13.66% and a return on equity of 10.89%. The company had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter last year, the company earned $0.66 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Equities research analysts forecast that Entergy Corporation will post 3.88 earnings per share 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 issued a $0.64 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $2.56 annualized dividend and a dividend yield of 2.3%. Entergy’s payout ratio is presently 65.47%.

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.