Provenance Wealth Advisors LLC Purchases 7,369 Shares of Entergy Corporation $ETR

Provenance Wealth Advisors LLC purchased a new stake in shares of Entergy Corporation (NYSE:ETR) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 7,369 shares of the utilities provider’s stock, valued at approximately $731,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ETR. Bell Investment Advisors Inc purchased a new stake in Entergy during the second quarter valued at $28,000. City State Bank boosted its position in Entergy by 439.6% in the third quarter. City State Bank now owns 259 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 211 shares during the last quarter. Pingora Partners LLC purchased a new position in Entergy in the second quarter worth about $30,000. Bank of New Hampshire boosted its position in Entergy by 303.0% in the third quarter. Bank of New Hampshire now owns 266 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 200 shares during the last quarter. Finally, Dynamic Wealth Strategies LLC bought a new stake in shares of Entergy during the 1st quarter valued at about $30,000. 88.07% of the stock is currently owned by hedge funds and other institutional investors.

Entergy Stock Performance

Shares of NYSE ETR opened at $111.70 on Thursday. The firm has a fifty day moving average price of $104.63 and a 200-day moving average price of $107.53. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.18 and a quick ratio of 0.70. The stock has a market cap of $52.12 billion, a PE ratio of 25.68, a price-to-earnings-growth ratio of 2.43 and a beta of 0.44. Entergy Corporation has a 1 year low of $90.87 and a 1 year high of $118.44.

Entergy (NYSE:ETR) last released its earnings results on Monday, November 2nd. The utilities provider reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.25. The company had revenue of $4.37 billion for the quarter, compared to analysts’ expectations of $4.12 billion. Entergy had a net margin of 14.63% and a return on equity of 11.44%. During the same quarter in the previous year, the company earned $1.53 EPS. Equities analysts anticipate that Entergy Corporation will post 4.41 earnings per share for the current fiscal year.

Entergy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be issued a dividend of $0.68 per share. This is a boost from Entergy’s previous quarterly dividend of $0.64. This represents a $2.72 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, November 13th. Entergy’s payout ratio is 62.53%.

Insider Buying and Selling

In other news, insider Laura Landreaux sold 5,600 shares of the business’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $106.20, for a total value of $594,720.00. Following the transaction, the insider directly owned 22,589 shares in the company, valued at $2,398,951.80. The trade was a 19.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.21% of the stock is currently owned by corporate insiders.

Entergy News Roundup

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Wells Fargo initiated or reiterated a Buy view, adding to favorable analyst sentiment. Entergy Receives a Buy from Wells Fargo
• Positive Sentiment: Entergy’s third-quarter results beat expectations: EPS was $1.98 versus a $1.73 consensus, while revenue also exceeded estimates. Coverage cited weather and data-center demand as supports for the longer-term outlook. Earnings beat, data-center demand and outlook
• Positive Sentiment: The company raised its dividend, which may appeal to income-focused investors. Companies that raised dividends
• Neutral Sentiment: Entergy’s 2026 EPS guidance of $4.35–$4.45 is broadly in line with the $4.41 analyst consensus, offering little apparent change to near-term expectations.
• Negative Sentiment: Industrial growth is cooling, and the planned expansion of Meta’s Hyperion data-center project is described as a key test of whether large-load demand can sustain the growth outlook. Meta’s Hyperion expansion is the next test
• Negative Sentiment: The dividend increase also puts cash returns and funding requirements in focus, as investors weigh payouts against Entergy’s capital needs. Dividend increase and funding needs

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Weiss Ratings raised shares of Entergy from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday. Scotiabank cut their target price on shares of Entergy from $129.00 to $121.00 and set an “outperform” rating for the company in a research report on Wednesday, September 30th. Truist Financial set a $119.00 target price on shares of Entergy and gave the company a “buy” rating in a research report on Monday, October 12th. BTIG Research reaffirmed a “buy” rating and set a $124.00 target price (up from $117.00) on shares of Entergy in a report on Tuesday. Finally, LADENBURG THALM/SH SH decreased their price target on shares of Entergy from $120.50 to $113.50 and set a “buy” rating on the stock in a research report on Monday, October 12th. Twenty equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $121.57.

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.