Kingswood Wealth Advisors LLC Has $1.05 Million Stock Holdings in Entergy Corporation $ETR

Kingswood Wealth Advisors LLC raised its holdings in Entergy Corporation (NYSE:ETR) by 340.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 11,315 shares of the utilities provider’s stock after acquiring an additional 8,748 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Entergy were worth $1,046,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. increased its position in Entergy by 56.9% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 115 shares during the period. Hantz Financial Services Inc. increased its position in Entergy by 150.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 194 shares during the period. Valley National Advisers Inc. increased its position in Entergy by 306.0% in the 4th quarter. Valley National Advisers Inc. now owns 341 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 257 shares during the period. JFS Wealth Advisors LLC increased its position in Entergy by 46.1% in the 3rd quarter. JFS Wealth Advisors LLC now owns 412 shares of the utilities provider’s stock valued at $38,000 after acquiring an additional 130 shares during the period. Finally, Ameritas Advisory Services LLC increased its position in Entergy by 44.4% in the 3rd quarter. Ameritas Advisory Services LLC now owns 416 shares of the utilities provider’s stock valued at $39,000 after acquiring an additional 128 shares during the period. 88.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have issued reports on ETR shares. Royal Bank Of Canada restated an “outperform” rating and issued a $112.00 price target on shares of Entergy in a research report on Friday, January 23rd. Morgan Stanley set a $98.00 price target on shares of Entergy in a research report on Friday, February 20th. KeyCorp restated an “overweight” rating and issued a $123.00 price target (up from $118.00) on shares of Entergy in a research report on Tuesday. Wells Fargo & Company restated an “overweight” rating and issued a $123.00 price target on shares of Entergy in a research report on Tuesday. Finally, Siebert Williams Shank started coverage on shares of Entergy in a research report on Tuesday, January 20th. They issued a “buy” rating and a $109.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $113.74.

Insider Activity at Entergy

In other news, EVP John C. Dinelli sold 5,372 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $103.95, for a total value of $558,419.40. Following the sale, the executive vice president directly owned 23,609 shares of the company’s stock, 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 SEC, which is available through the SEC website. Corporate insiders own 0.21% of the company’s stock.

Entergy Trading Down 0.1%

NYSE:ETR opened at $113.80 on Friday. The firm’s fifty day moving average is $108.49 and its 200-day moving average is $99.80. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.74. Entergy Corporation has a 52 week low of $79.40 and a 52 week high of $117.81. The firm has a market cap of $52.10 billion, a P/E ratio of 29.10, a P/E/G ratio of 2.25 and a beta of 0.57.

Entergy (NYSE:ETR) last posted its quarterly earnings data on Thursday, February 12th. The utilities provider reported $0.51 EPS 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 firm had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the prior year, the company posted $0.66 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Equities analysts expect that Entergy Corporation will post 4.4 earnings per share for the current year.

Entergy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 1st will be paid a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, May 1st. Entergy’s dividend payout ratio is currently 65.47%.

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.