Trivium Point Advisory LLC Invests $11.16 Million in Entergy Corporation $ETR

Trivium Point Advisory LLC bought a new stake in Entergy Corporation (NYSE:ETR) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 97,174 shares of the utilities provider’s stock, valued at approximately $11,161,000. Entergy accounts for about 1.0% of Trivium Point Advisory LLC’s portfolio, making the stock its 25th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new stake in Entergy during the 2nd quarter valued at $110,000. HBK Sorce Advisory LLC bought a new position in shares of Entergy in the second quarter worth $670,000. Tulsa Wealth Advisors INC acquired a new position in shares of Entergy during the second quarter valued at $2,532,000. Northstar Financial Companies Inc. acquired a new position in shares of Entergy during the second quarter valued at $219,000. Finally, Flputnam Investment Management Co. bought a new stake in shares of Entergy during the second quarter valued at about $859,000. Institutional investors own 88.07% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on ETR. Barclays reduced their price objective on shares of Entergy from $124.00 to $119.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. Scotiabank reissued a “sector outperform” rating on shares of Entergy in a research note on Wednesday, June 10th. Wells Fargo & Company boosted their price target on shares of Entergy from $123.00 to $128.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. UBS Group reiterated a “buy” rating and issued a $135.00 price objective (up from $131.00) on shares of Entergy in a report on Thursday, April 30th. Finally, BTIG Research reiterated a “buy” rating and issued a $126.00 price objective on shares of Entergy in a report on Wednesday, June 10th. Seventeen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Entergy presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.79.

Entergy Price Performance

NYSE ETR opened at $107.76 on Monday. The stock’s 50-day moving average price is $111.80 and its two-hundred day moving average price is $109.27. The company has a current ratio of 0.91, a quick ratio of 0.70 and a debt-to-equity ratio of 1.73. The company has a market cap of $50.28 billion, a PE ratio of 27.63, a PEG ratio of 1.84 and a beta of 0.50. Entergy Corporation has a 1 year low of $86.40 and a 1 year high of $118.44.

Entergy (NYSE:ETR) last posted its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.02. The company had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.49 billion. Entergy had a net margin of 13.40% and a return on equity of 10.53%. During the same period in the prior year, the firm earned $1.05 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 4.4 EPS for the current year.

Entergy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Thursday, August 13th will be paid a $0.64 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $2.56 dividend on an annualized basis and a yield of 2.4%. Entergy’s dividend payout ratio (DPR) is currently 65.64%.

Insider Activity at Entergy

In other Entergy news, insider Haley Fisackerly sold 10,638 shares of Entergy stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total transaction of $1,170,180.00. Following the transaction, the insider directly owned 14,182 shares in the company, valued at approximately $1,560,020. The trade was a 42.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ralph Lewis Ropp bought 1,000 shares of the business’s stock in a transaction on Thursday, August 6th. The shares were purchased at an average cost of $106.08 per share, for a total transaction of $106,080.00. Following the completion of the purchase, 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. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.21% 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.