Iams Wealth Management LLC acquired a new position in shares of Entergy Corporation (NYSE:ETR – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,389 shares of the utilities provider’s stock, valued at approximately $535,000.
Several other large investors also recently made changes to their positions in the stock. Bell Investment Advisors Inc acquired a new position in Entergy during the second quarter worth $28,000. Pingora Partners LLC bought a new stake in Entergy during the second quarter worth $30,000. Bank of New Hampshire raised its position in 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 acquiring an additional 200 shares in the last quarter. Dynamic Wealth Strategies LLC acquired a new stake in Entergy in the first quarter valued at $30,000. Finally, Fairway Wealth LLC acquired a new stake in Entergy in the first quarter valued at $30,000. Institutional investors and hedge funds own 88.07% of the company’s stock.
Key Entergy News
Here are the key news stories impacting Entergy this week:
- Positive Sentiment: KeyBanc reiterated a Buy rating on Entergy and maintained a $118 price target, implying potential upside from recent trading levels. Entergy Receives a Buy from KeyBanc
- Positive Sentiment: KeyCorp made modestly bullish revisions to Entergy’s forecasts: Q3 2026 EPS rose to $1.67 from $1.63, FY2026 EPS increased to $4.40 from $4.39, and FY2027 EPS increased to $5.14 from $5.12. Longer-term estimates also edged higher to $5.77 for FY2028, $6.49 for FY2029 and $7.32 for FY2030. KeyCorp retains an Overweight rating and a $118 target.
- Neutral Sentiment: The revisions point to continued earnings growth, but the FY2026 estimate merely matches the broader consensus of $4.40 per share. KeyCorp’s forecast for FY2027 remains ahead of the current-year outlook, supporting the long-term investment case without creating a major near-term earnings catalyst.
- Negative Sentiment: KeyCorp lowered its Q4 2026 EPS estimate to $0.82 from $0.87, partially offsetting the positive quarterly and long-range changes.
- Negative Sentiment: JPMorgan Chase & Co. cut its price target for Entergy, adding pressure to the shares and signaling more limited near-term upside in that analyst’s view. Entergy Stock Price Target Cut by JPMorgan Chase
- Negative Sentiment: Market commentary highlighted rising-rate headwinds as a key risk for Entergy. Higher interest rates can increase the utility’s borrowing costs and make its dividend yield less attractive relative to bonds, overshadowing solid utility fundamentals and potential data-center-related electricity demand. Rate Headwinds Overshadow Entergy’s Fundamentals
Wall Street Analyst Weigh In
A number of brokerages have recently commented on ETR. Weiss Ratings downgraded shares of Entergy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, August 20th. Truist Financial set a $119.00 target price on shares of Entergy and gave the company a “buy” rating in a report on Monday. Wall Street Zen cut shares of Entergy from a “hold” rating to a “sell” rating in a report on Sunday, August 9th. JPMorgan Chase & Co. cut their target price on shares of Entergy from $137.00 to $130.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, BMO Capital Markets raised their target price on shares of 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 and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $120.83.
Read Our Latest Research Report on ETR
Entergy Stock Performance
Shares of ETR stock opened at $103.85 on Friday. Entergy Corporation has a 52 week low of $90.87 and a 52 week high of $118.44. The company has a market capitalization of $48.46 billion, a price-to-earnings ratio of 26.63, a PEG ratio of 2.34 and a beta of 0.46. The company has a 50-day simple moving average of $104.39 and a 200 day simple moving average of $109.71. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.70 and a current ratio of 0.91.
Entergy (NYSE:ETR – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.02. The firm had revenue of $3.52 billion for the quarter, compared to analysts’ expectations 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 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, sell-side analysts predict that Entergy Corporation will post 4.40 earnings per share for the current year.
Entergy Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Thursday, August 13th were given a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Thursday, August 13th. Entergy’s dividend payout ratio is presently 65.64%.
Insiders Place Their Bets
In related news, Director Ralph Lewis Ropp purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The stock was acquired at an average price of $106.08 per share, with a total value 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 trade represents a 41.27% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Laura Landreaux sold 5,600 shares of the 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 sale, the insider 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. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is currently owned by company insiders.
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.
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