Entergy Corporation $ETR Shares Bought by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC raised its holdings in shares of Entergy Corporation (NYSE:ETR) by 10.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,930 shares of the utilities provider’s stock after acquiring an additional 10,169 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Entergy were worth $10,713,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in ETR. Bell Investment Advisors Inc acquired a new position in shares of Entergy in the second quarter valued at approximately $28,000. Pingora Partners LLC purchased a new stake in Entergy during the second quarter worth approximately $30,000. Bank of New Hampshire lifted its stake in shares of Entergy by 303.0% during 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 in the last quarter. Dynamic Wealth Strategies LLC acquired a new stake in shares of Entergy in the first quarter valued at about $30,000. Finally, Fairway Wealth LLC acquired a new position in Entergy during the 1st quarter worth approximately $30,000. 88.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Entergy news, insider Laura R. Landreaux sold 5,600 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $106.20, for a total transaction of $594,720.00. Following the transaction, the insider directly owned 22,589 shares in the company, valued at $2,398,951.80. This trade represents a 19.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ralph Lewis Ropp acquired 1,000 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The stock was bought 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 directly owned 3,423 shares in the company, valued at $363,111.84. This represents a 41.27% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.21% of the stock is owned by insiders.

Trending Headlines about Entergy

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: KeyCorp maintained an Overweight rating and a $118 price target while raising its EPS forecasts for the third quarter and full-year 2026 to $1.67 and $4.40, respectively. The firm also increased its longer-term forecasts to $5.14 for 2027, $5.77 for 2028, $6.49 for 2029 and $7.32 for 2030, signaling confidence in Entergy’s earnings growth outlook.
• Positive Sentiment: JPMorgan retained an Overweight rating and still sees substantial upside with a $130 price target, despite reducing its previous target. Entergy Stock Price Target Cut by JPMorgan Chase & Co.
• Neutral Sentiment: Entergy highlighted the 25th anniversary of its Environmental Initiatives Fund and its support for local environmental projects. The announcement reinforces corporate sustainability efforts but is unlikely to materially affect near-term earnings. Entergy celebrates 25 years of local sustainability impact
• Negative Sentiment: KeyCorp lowered its fourth-quarter 2026 EPS estimate to $0.82 from $0.87, suggesting near-term earnings pressure even though its full-year forecast was raised slightly to $4.40.
• Negative Sentiment: JPMorgan cut its price target to $130 from $137, while KeyBanc reduced its target to $118 from $123. These target reductions can weigh on sentiment, particularly as higher interest rates raise financing costs and make utility dividend stocks less attractive relative to bonds. Rate Headwinds Overshadow Entergy’s Solid Data Center and Utility Fundamentals

Wall Street Analysts Forecast Growth

ETR has been the subject of several recent analyst reports. JPMorgan Chase & Co. lowered their target price on Entergy from $137.00 to $130.00 and set an “overweight” rating for the company in a research note on Tuesday. Evercore reissued an “outperform” rating and issued a $128.00 target price on shares of Entergy in a report on Monday, August 17th. Weiss Ratings cut Entergy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, August 20th. KeyCorp reduced their price objective on Entergy from $123.00 to $118.00 and set an “overweight” rating for the company in a research report on Tuesday. Finally, 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. Seventeen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $119.58.

Entergy Trading Down 0.8%

Shares of NYSE:ETR traded down $0.87 during midday trading on Thursday, reaching $103.63. The company had a trading volume of 1,059,525 shares, compared to its average volume of 2,982,427. Entergy Corporation has a 1-year low of $90.87 and a 1-year high of $118.44. The company has a fifty day simple moving average of $104.44 and a two-hundred day simple moving average of $109.75. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.70 and a current ratio of 0.91. The firm has a market cap of $48.36 billion, a price-to-earnings ratio of 26.57, a price-to-earnings-growth ratio of 2.35 and a beta of 0.46.

Entergy (NYSE:ETR) last issued its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.03 EPS for the quarter, beating the consensus estimate of $1.01 by $0.02. Entergy had a net margin of 13.40% and a return on equity of 10.53%. The business had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.49 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Research analysts predict that Entergy Corporation will post 4.40 earnings per share for the current year.

Entergy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Thursday, August 13th were issued a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Thursday, August 13th. Entergy’s dividend payout ratio (DPR) is currently 65.64%.

Entergy Company Profile

Entergy Corporation is an integrated energy company that provides electric power and related services through regulated utility subsidiaries. Its operations include electricity generation, transmission and distribution, as well as natural gas distribution and other utility services.

Entergy serves customers across Arkansas, Louisiana, Mississippi and Texas, including the city of New Orleans. The company operates a diverse generation portfolio that includes nuclear, natural gas, renewable and other resources, and it supplies electricity to residential, commercial, industrial and governmental customers.

Founded in 1949 as Middle South Utilities, the company adopted the Entergy name in 1994.