Blair William & Co. IL Grows Holdings in Entergy Corporation $ETR

Blair William & Co. IL boosted its position in Entergy Corporation (NYSE:ETR) by 168.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,792 shares of the utilities provider’s stock after buying an additional 38,751 shares during the quarter. Blair William & Co. IL’s holdings in Entergy were worth $5,758,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Guidance Capital Inc. grew its stake in shares of Entergy by 0.8% during the third quarter. Guidance Capital Inc. now owns 13,956 shares of the utilities provider’s stock valued at $1,348,000 after acquiring an additional 112 shares in the last quarter. Physician Wealth Advisors Inc. lifted its stake in shares of Entergy by 56.9% in the third quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 115 shares in the last quarter. CW Advisors LLC boosted its holdings in Entergy by 3.4% in the second quarter. CW Advisors LLC now owns 3,706 shares of the utilities provider’s stock valued at $308,000 after purchasing an additional 121 shares during the last quarter. Virtus Investment Advisers LLC boosted its holdings in Entergy by 6.2% in the second quarter. Virtus Investment Advisers LLC now owns 2,119 shares of the utilities provider’s stock valued at $176,000 after purchasing an additional 124 shares during the last quarter. Finally, Signaturefd LLC grew its stake in Entergy by 1.7% during the 3rd quarter. Signaturefd LLC now owns 7,287 shares of the utilities provider’s stock valued at $679,000 after purchasing an additional 124 shares in the last quarter. 88.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ETR has been the topic of a number of recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $112.00 target price on shares of Entergy in a research report on Friday, January 23rd. Citigroup raised their price target on shares of Entergy from $91.00 to $106.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 18th. TD Cowen initiated coverage on shares of Entergy in a research note on Friday, January 9th. They issued a “buy” rating and a $108.00 price target for the company. Wall Street Zen cut shares of Entergy from a “hold” rating to a “sell” rating in a report on Sunday, February 22nd. Finally, Mizuho set a $112.00 price objective on shares of Entergy in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $106.61.

Insider Buying and Selling at Entergy

In related news, EVP John C. Dinelli sold 5,372 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $103.95, for a total transaction of $558,419.40. Following the sale, the executive vice president owned 23,609 shares in the company, valued at $2,454,155.55. This represents a 18.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.47% of the stock is currently owned by corporate insiders.

Entergy Price Performance

Shares of NYSE ETR opened at $104.72 on Wednesday. The company has a current ratio of 0.74, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65. The company has a market capitalization of $47.44 billion, a price-to-earnings ratio of 26.78, a price-to-earnings-growth ratio of 2.07 and a beta of 0.64. Entergy Corporation has a twelve month low of $75.57 and a twelve month high of $107.93. The business has a 50 day simple moving average of $98.91 and a 200-day simple moving average of $95.23.

Entergy (NYSE:ETR) last released its quarterly earnings data on Thursday, February 12th. The utilities provider reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). Entergy had a return on equity of 10.89% and a net margin of 13.66%.The business had revenue of $2.96 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the firm earned $0.66 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities research analysts expect that Entergy Corporation will post 3.88 earnings per share for the current year.

Entergy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Monday, February 9th were issued a $0.64 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $2.56 annualized dividend and a dividend yield of 2.4%. Entergy’s payout ratio is 65.47%.

Entergy Company Profile

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.