Renaissance Technologies LLC Trims Holdings in Entergy Corporation $ETR

Renaissance Technologies LLC trimmed its stake in shares of Entergy Corporation (NYSE:ETR) by 26.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 561,700 shares of the utilities provider’s stock after selling 201,200 shares during the quarter. Renaissance Technologies LLC’s holdings in Entergy were worth $63,113,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. United Community Bank lifted its stake in Entergy by 806.7% in the 4th quarter. United Community Bank now owns 272 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 242 shares in the last quarter. Washington Trust Advisors Inc. increased its holdings in shares of Entergy by 119.4% in the fourth quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 154 shares during the period. Union Savings Bank bought a new position in shares of Entergy in the fourth quarter worth $28,000. Fairway Wealth LLC purchased a new stake in shares of Entergy in the first quarter worth $30,000. Finally, Dynamic Wealth Strategies LLC purchased a new stake in shares of Entergy in the first quarter worth $30,000. 88.07% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Entergy

In other news, insider Haley Fisackerly sold 10,638 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $110.00, for a total transaction of $1,170,180.00. Following the transaction, the insider directly owned 14,182 shares in the company, valued at approximately $1,560,020. This represents a 42.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.21% of the company’s stock.

Entergy Stock Up 0.0%

Shares of NYSE:ETR opened at $115.95 on Monday. Entergy Corporation has a 52-week low of $86.40 and a 52-week high of $118.44. The firm has a fifty day moving average of $112.41 and a 200 day moving average of $107.79. The firm has a market capitalization of $53.09 billion, a PE ratio of 29.58, a price-to-earnings-growth ratio of 1.98 and a beta of 0.50. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.73 and a current ratio of 0.96.

Entergy (NYSE:ETR) last released its earnings results on Wednesday, April 29th. The utilities provider reported $0.86 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $2.89 billion. During the same quarter in the prior year, the firm earned $0.82 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, research analysts anticipate that Entergy Corporation will post 4.4 EPS for the current fiscal year.

Key Stories Impacting Entergy

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: KeyCorp raised Entergy’s longer-term earnings outlook, including FY2027 EPS to $5.13, FY2028 to $5.75, FY2029 to $6.41, and FY2030 to $7.23, reinforcing a bullish case for the stock.
• Positive Sentiment: KeyCorp maintained an Overweight rating on Entergy and reiterated a $123 price target, signaling confidence in further share-price upside.
• Positive Sentiment: BMO Capital Markets also issued a report pointing to strong price appreciation potential for Entergy, adding to the optimistic analyst tone. Article Title
• Neutral Sentiment: At the same time, a separate Yahoo Finance article argued that Entergy may still look overvalued after its recent run, which could temper enthusiasm. Article Title
• Neutral Sentiment: KeyCorp’s near-term estimate changes were mixed: it lowered Q2 2026 EPS to $0.95 from $1.10 and Q4 2026 EPS to $0.72 from $0.65, while raising Q3 2026 EPS to $1.86 from $1.73.

Analyst Upgrades and Downgrades

Several research firms recently commented on ETR. BMO Capital Markets boosted their target price on Entergy from $123.00 to $124.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Morgan Stanley set a $109.00 price target on Entergy in a report on Wednesday. Argus lifted their price target on Entergy from $100.00 to $118.00 and gave the company a “buy” rating in a research report on Monday, April 6th. Jefferies Financial Group reissued a “buy” rating on shares of Entergy in a report on Wednesday, June 10th. Finally, Seaport Research Partners cut shares of Entergy from a “buy” rating to a “neutral” rating in a research report on Monday, April 20th. Seventeen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Entergy currently has a consensus rating of “Moderate Buy” and an average price target of $121.05.

Entergy 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.