Entergy Corporation $ETR Shares Purchased by Schroder Investment Management Group

Schroder Investment Management Group lifted its position in Entergy Corporation (NYSE:ETR) by 6.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 296,594 shares of the utilities provider’s stock after acquiring an additional 18,333 shares during the quarter. Schroder Investment Management Group owned 0.07% of Entergy worth $27,746,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Guidance Capital Inc. raised its holdings in Entergy by 0.8% during the third quarter. Guidance Capital Inc. now owns 13,956 shares of the utilities provider’s stock worth $1,348,000 after purchasing an additional 112 shares in the last quarter. Physician Wealth Advisors Inc. increased 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 during the last quarter. CW Advisors LLC increased its position in Entergy by 3.4% in the 2nd quarter. CW Advisors LLC now owns 3,706 shares of the utilities provider’s stock worth $308,000 after purchasing an additional 121 shares during the last quarter. Virtus Investment Advisers LLC increased 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 worth $176,000 after buying an additional 124 shares during the last quarter. Finally, Signaturefd LLC increased its stake in shares of Entergy by 1.7% during the 3rd quarter. Signaturefd LLC now owns 7,287 shares of the utilities provider’s stock worth $679,000 after purchasing an additional 124 shares during the last quarter. Institutional investors and hedge funds own 88.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ETR shares. JPMorgan Chase & Co. reduced their price objective on shares of Entergy from $113.00 to $108.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Entergy in a research note on Thursday, January 22nd. Siebert Williams Shank began coverage on shares of Entergy in a report on Tuesday, January 20th. They set a “buy” rating and a $109.00 price objective for the company. BMO Capital Markets upped their target price on shares of Entergy from $104.00 to $112.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Finally, Barclays set a $96.00 price target on Entergy and gave the company an “overweight” rating in a report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $106.61.

Insiders Place Their Bets

In other news, EVP John C. Dinelli sold 5,372 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $103.95, for a total value of $558,419.40. Following the completion of the transaction, 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 filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.39% of the company’s stock.

Entergy Stock Up 0.6%

NYSE:ETR opened at $104.46 on Friday. Entergy Corporation has a 1 year low of $75.57 and a 1 year high of $107.93. The stock has a 50-day moving average price of $99.38 and a two-hundred day moving average price of $95.36. The stock has a market cap of $47.32 billion, a price-to-earnings ratio of 26.72, a PEG ratio of 2.05 and a beta of 0.64. The company has a current ratio of 0.74, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65.

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

Entergy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Monday, February 9th were paid a $0.64 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $2.56 dividend on an annualized basis and a yield of 2.5%. Entergy’s payout ratio is presently 65.47%.

About Entergy

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.