117,155 Shares in Entergy Corporation $ETR Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Entergy Corporation (NYSE:ETR) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 117,155 shares of the utilities provider’s stock, valued at approximately $11,629,000.

A number of other institutional investors also recently made changes to their positions in ETR. ProShare Advisors LLC raised its holdings in Entergy by 1.3% during the third quarter. ProShare Advisors LLC now owns 73,703 shares of the utilities provider’s stock valued at $7,316,000 after buying an additional 919 shares in the last quarter. Vise Technologies Inc. increased its holdings in Entergy by 13.5% in the third quarter. Vise Technologies Inc. now owns 61,542 shares of the utilities provider’s stock valued at $6,109,000 after purchasing an additional 7,341 shares during the last quarter. Moss Adams Wealth Advisors LLC acquired a new stake in shares of Entergy during the third quarter worth about $336,000. Invera Wealth Advisors LLC lifted its stake in Entergy by 4.0% in the 3rd quarter. Invera Wealth Advisors LLC now owns 3,378 shares of the utilities provider’s stock valued at $335,000 after acquiring an additional 130 shares in the last quarter. Finally, Modera Wealth Management LLC acquired a new position in Entergy during the third quarter valued at approximately $269,000. 88.07% of the stock is owned by institutional investors and hedge funds.

Entergy Trading Up 2.6%

NYSE:ETR opened at $111.70 on Thursday. The company has a current ratio of 1.18, a quick ratio of 0.70 and a debt-to-equity ratio of 1.70. The company has a 50-day moving average price of $104.63 and a 200-day moving average price of $107.53. The stock has a market cap of $52.12 billion, a price-to-earnings ratio of 25.68, a P/E/G ratio of 2.43 and a beta of 0.44. Entergy Corporation has a 12 month low of $90.87 and a 12 month high of $118.44.

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

Entergy Increases Dividend

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

Wall Street Analysts Forecast Growth

ETR has been the subject of several research reports. BMO Capital Markets cut their price objective on shares of Entergy from $124.00 to $123.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Bank of America increased their price objective on shares of Entergy from $112.00 to $115.00 in a research note on Monday, July 27th. HSBC assumed coverage on shares of Entergy in a research report on Thursday, October 22nd. They set a “buy” rating and a $123.50 target price on the stock. Wall Street Zen lowered shares of Entergy from a “hold” rating to a “sell” rating in a report on Sunday, August 9th. Finally, Evercore lifted their target price on shares of Entergy from $121.00 to $128.00 and gave the stock an “outperform” rating in a research note on Thursday, October 8th. Twenty equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Entergy has a consensus rating of “Moderate Buy” and a consensus target price of $121.57.

Key Headlines Impacting Entergy

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

Insiders Place Their Bets

In related news, insider Laura Landreaux sold 5,600 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $106.20, for a total value of $594,720.00. Following the completion of the sale, the insider owned 22,589 shares in the company, valued at approximately $2,398,951.80. The trade was a 19.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.21% of the stock is currently owned by insiders.

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.