The Manufacturers Life Insurance Company Has $77.99 Million Position in Entergy Corporation $ETR

The Manufacturers Life Insurance Company lessened its holdings in shares of Entergy Corporation (NYSE:ETR) by 7.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 694,119 shares of the utilities provider’s stock after selling 58,596 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Entergy were worth $77,991,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. United Community Bank grew its holdings in shares of Entergy by 806.7% during the fourth quarter. United Community Bank now owns 272 shares of the utilities provider’s stock valued at $25,000 after buying an additional 242 shares during the last quarter. Washington Trust Advisors Inc. raised its holdings in shares of Entergy by 119.4% in the 4th quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 154 shares during the last quarter. Union Savings Bank acquired a new stake in shares of Entergy in the 4th quarter worth about $28,000. Fairway Wealth LLC bought a new position in Entergy in the 1st quarter valued at about $30,000. Finally, Dynamic Wealth Strategies LLC bought a new position in Entergy in the 1st quarter valued at about $30,000. Institutional investors and hedge funds own 88.07% of the company’s stock.

Insiders Place Their Bets

In other Entergy news, insider Haley Fisackerly sold 10,638 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total value of $1,170,180.00. Following the transaction, the insider directly owned 14,182 shares in the company, valued at $1,560,020. The trade was a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by insiders.

Entergy Stock Down 3.8%

ETR stock opened at $108.04 on Thursday. The stock has a market cap of $49.47 billion, a P/E ratio of 27.56, a P/E/G ratio of 1.92 and a beta of 0.50. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 1.80. The stock’s fifty day simple moving average is $112.46 and its two-hundred day simple moving average is $108.21. Entergy Corporation has a 1-year low of $86.40 and a 1-year high of $118.44.

Entergy (NYSE:ETR) last released its earnings results on Wednesday, July 29th. The utilities provider reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.02. The company had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.49 billion. Entergy had a return on equity of 10.75% and a net margin of 13.48%.During the same period in the previous year, the business posted $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Analysts expect that Entergy Corporation will post 4.4 EPS for the current year.

Trending Headlines about Entergy

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Entergy reported second-quarter adjusted and as-reported EPS of $1.03, above the $1.01 analyst consensus in one estimate and the $0.94 Zacks consensus. Revenue reached $3.52 billion, also ahead of expectations. Entergy Q2 Earnings Beat Estimates, Sales Improve Year Over Year
• Positive Sentiment: Weather-adjusted retail electricity sales increased 5.7%, led by a 9.9% rise in industrial volume, reinforcing the investment case that data centers and broader industrial growth can drive demand. Entergy Texas also received an approximately $200 million Texas Energy Fund grant for reliability improvements. Entergy Reports $483 Million Second Quarter Earnings and Affirms 2026 Guidance
• Neutral Sentiment: Management reaffirmed 2026 adjusted EPS guidance of $4.25 to $4.45, broadly in line with the approximately $4.40 analyst forecast. The unchanged outlook supports earnings visibility but did not provide a new catalyst. Entergy Reports Second Quarter 2026 Financial Results
• Negative Sentiment: EPS declined from $1.05 a year earlier, while higher operating costs and interest expense weighed on results. Entergy also completed a $2.175 billion common-stock offering with a forward component, raising potential shareholder dilution and financing concerns. Entergy Reports Q2 Earnings, Strengthens Grid and Balance Sheet

Wall Street Analysts Forecast Growth

Several analysts have recently commented on ETR shares. Evercore set a $123.00 price objective on Entergy in a research note on Wednesday, June 10th. Truist Financial set a $127.00 target price on Entergy and gave the company a “buy” rating in a research report on Friday, May 29th. Barclays decreased their price target on Entergy from $124.00 to $119.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. BTIG Research reissued a “buy” rating and issued a $126.00 price target on shares of Entergy in a research report on Wednesday, June 10th. Finally, BMO Capital Markets raised their price objective on Entergy from $123.00 to $124.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.05.

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.