Royal Fund Management LLC trimmed its holdings in shares of Entergy Corporation (NYSE:ETR – Free Report) by 73.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 4,600 shares of the utilities provider’s stock after selling 13,000 shares during the period. Royal Fund Management LLC’s holdings in Entergy were worth $517,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. United Community Bank increased its position in Entergy by 806.7% during the 4th quarter. United Community Bank now owns 272 shares of the utilities provider’s stock valued at $25,000 after buying an additional 242 shares in the last quarter. Washington Trust Advisors Inc. boosted its holdings in 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 acquiring an additional 154 shares in the last quarter. Union Savings Bank purchased a new stake 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 bought a new position in shares of Entergy during the first quarter valued at $30,000. 88.07% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research firms have recently issued reports on ETR. BTIG Research reaffirmed a “buy” rating and issued a $126.00 price target on shares of Entergy in a research report on Wednesday, June 10th. Mizuho set a $122.00 price objective on shares of Entergy and gave the company an “outperform” rating in a research note on Wednesday, June 10th. UBS Group restated a “buy” rating and set a $135.00 price objective (up from $131.00) on shares of Entergy in a research note on Thursday, April 30th. Barclays dropped their target price on shares of Entergy from $124.00 to $119.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. Finally, Wall Street Zen upgraded shares of Entergy from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. Seventeen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Entergy currently has an average rating of “Moderate Buy” and an average target price of $121.05.
Entergy Trading Up 0.3%
Shares of NYSE:ETR opened at $108.07 on Friday. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.91 and a quick ratio of 0.73. Entergy Corporation has a 1 year low of $86.40 and a 1 year high of $118.44. The company has a market cap of $49.48 billion, a P/E ratio of 27.71, a PEG ratio of 1.84 and a beta of 0.50. The stock’s fifty day moving average price is $112.38 and its 200-day moving average price is $108.31.
Entergy (NYSE:ETR – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.03 EPS for the quarter, topping the consensus estimate of $1.01 by $0.02. Entergy had a return on equity of 10.53% and a net margin of 13.40%.The company had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.49 billion. During the same period last year, the company earned $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Sell-side analysts expect that Entergy Corporation will post 4.4 earnings per share for the current year.
Entergy News Roundup
Here are the key news stories impacting Entergy this week:
- Positive Sentiment: Entergy reported second-quarter adjusted and as-reported earnings of $1.03 per share, exceeding consensus estimates of approximately $0.94–$1.01. Revenue reached $3.52 billion, also above expectations. Entergy reports second quarter 2026 financial results
- Positive Sentiment: Weather-adjusted retail electricity sales increased 5.7%, led by a 9.9% increase in industrial volume. The growth supports Entergy’s strategy of benefiting from rising power demand from industrial and other large-load customers. Entergy Reports Second Quarter Earnings and Affirms 2026 Guidance
- Positive Sentiment: Management affirmed its 2026 adjusted EPS outlook of $4.25 to $4.45, broadly consistent with the $4.40 analyst consensus, reducing the risk of a near-term guidance reset. Entergy also highlighted regulatory progress and grid investment initiatives.
- Positive Sentiment: Entergy Texas received an approximately $200 million Texas Energy Fund grant to support electric reliability, while grid-related funding and regulatory actions could help finance future system expansion.
- Neutral Sentiment: Entergy completed a $2.175 billion common-stock offering with a forward component. The capital strengthens funding for growth and infrastructure, but increases the share count and may limit per-share upside.
- Negative Sentiment: Quarterly EPS declined from $1.05 a year earlier to $1.03, as higher operating costs and interest expense offset part of the sales improvement. Parent & Other also reported a $143 million loss, or $0.31 per share.
Insider Activity at Entergy
In other news, insider Haley Fisackerly sold 10,638 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total transaction of $1,170,180.00. Following the completion of the transaction, the insider directly owned 14,182 shares of the company’s stock, valued at $1,560,020. The trade was a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by corporate insiders.
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.
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