Entergy Corporation $ETR Shares Purchased by Truist Financial Corp

Truist Financial Corp boosted its stake in Entergy Corporation (NYSE:ETR) by 9.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,439,479 shares of the utilities provider’s stock after purchasing an additional 200,783 shares during the period. Truist Financial Corp’s holdings in Entergy were worth $225,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. New York State Teachers Retirement System grew its stake in shares of Entergy by 5.4% in the third quarter. New York State Teachers Retirement System now owns 433,613 shares of the utilities provider’s stock worth $40,408,000 after purchasing an additional 22,148 shares in the last quarter. New York State Common Retirement Fund grew its stake in shares of Entergy by 3.9% in the third quarter. New York State Common Retirement Fund now owns 184,690 shares of the utilities provider’s stock worth $17,211,000 after purchasing an additional 7,000 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of Entergy by 66.0% in the fourth quarter. Nordea Investment Management AB now owns 800,258 shares of the utilities provider’s stock worth $74,512,000 after purchasing an additional 318,221 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in shares of Entergy by 124.6% in the third quarter. TD Waterhouse Canada Inc. now owns 24,949 shares of the utilities provider’s stock worth $2,335,000 after purchasing an additional 13,841 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Entergy by 13.9% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 59,279 shares of the utilities provider’s stock worth $5,524,000 after purchasing an additional 7,212 shares in the last quarter. 88.07% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP John C. Dinelli sold 5,372 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $103.95, for a total transaction of $558,419.40. Following the completion of the transaction, the executive vice president owned 23,609 shares of the company’s stock, valued at $2,454,155.55. This trade represents a 18.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.21% of the stock is owned by corporate insiders.

Analyst Ratings Changes

ETR has been the subject of several recent analyst reports. Citigroup increased their price target on Entergy from $106.00 to $116.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 18th. Seaport Research Partners cut Entergy from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. TD Cowen initiated coverage on Entergy in a research note on Friday, January 9th. They issued a “buy” rating and a $108.00 price target for the company. Argus increased their price target on Entergy from $100.00 to $118.00 and gave the stock a “buy” rating in a research note on Monday, April 6th. Finally, Siebert Williams Shank initiated coverage on Entergy in a research note on Tuesday, January 20th. They set a “buy” rating and a $109.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $117.11.

Entergy Trading Up 0.3%

Shares of ETR stock opened at $116.75 on Monday. The stock has a 50-day simple moving average of $109.38 and a 200 day simple moving average of $100.39. Entergy Corporation has a fifty-two week low of $79.40 and a fifty-two week high of $118.45. The stock has a market capitalization of $53.45 billion, a P/E ratio of 29.78, a P/E/G ratio of 2.30 and a beta of 0.54. The company has a quick ratio of 0.73, a current ratio of 0.96 and a debt-to-equity ratio of 1.80.

Entergy (NYSE:ETR) last announced its earnings results on Wednesday, April 29th. The utilities provider reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.02. Entergy had a return on equity of 10.75% and a net margin of 13.48%.The business had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $2.89 billion. During the same quarter last year, the business posted $0.82 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, sell-side analysts expect that Entergy Corporation will post 4.4 earnings per share for the current fiscal year.

Entergy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 1st will be paid a dividend of $0.64 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a $2.56 annualized dividend and a yield of 2.2%. Entergy’s dividend payout ratio (DPR) is currently 65.31%.

Key Entergy News

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Q1 results beat and guidance reaffirmed — Entergy reported adjusted EPS above expectations and reaffirmed its FY26 guidance, highlighting solid utility fundamentals and steady cash generation. This supports dividend visibility and earnings growth expectations. Article Title Earnings Call Highlights
• Positive Sentiment: Analyst upgrades and higher price targets — Wells Fargo raised its target to $128 (overweight) and Barclays lifted its target to $124 (overweight), signaling increased analyst confidence and providing upside supporters for the stock. Wells Fargo Upgrade Barclays Upgrade
• Neutral Sentiment: Meta data‑center deal and expanded US$40B capital plan — Entergy’s agreement to support Meta data centers plus a much larger capital plan point to sizable long‑term load growth and infrastructure spending, which could materially lift regulated revenue over time but require significant financing and execution. Investors are parsing growth prospects vs. funding/constructability risk. Article Title
• Neutral Sentiment: Analyst commentary roundup — Market write‑ups (e.g., Globe and Mail analysts piece) provide mixed takes on Entergy’s regulated earnings mix, capex profile and infrastructure exposure; useful for calibrating expectations but not a clear directional catalyst. Article Title

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.