PNC Financial Services Group Inc. Buys 4,641 Shares of Entergy Corporation $ETR

PNC Financial Services Group Inc. raised its stake in Entergy Corporation (NYSE:ETR) by 3.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 155,681 shares of the utilities provider’s stock after acquiring an additional 4,641 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Entergy were worth $17,492,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of ETR. Cassaday & Co Wealth Management LLC bought a new stake in shares of Entergy in the 1st quarter worth approximately $180,000. Alta Advisers Ltd bought a new position in Entergy during the first quarter valued at $218,000. Meeder Advisory Services Inc. grew its holdings in Entergy by 4.3% during the first quarter. Meeder Advisory Services Inc. now owns 14,970 shares of the utilities provider’s stock valued at $1,682,000 after purchasing an additional 622 shares during the period. Dimensional Fund Advisors LP increased its position in Entergy by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,841,587 shares of the utilities provider’s stock worth $206,903,000 after buying an additional 18,541 shares during the last quarter. Finally, Balefire LLC raised its stake in shares of Entergy by 11.9% in the first quarter. Balefire LLC now owns 27,162 shares of the utilities provider’s stock valued at $3,052,000 after buying an additional 2,885 shares during the period. 88.07% of the stock is owned by institutional investors.

Insider Transactions at Entergy

In other Entergy news, insider Haley Fisackerly sold 10,638 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 14,182 shares in the company, valued at $1,560,020. This represents a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by insiders.

Entergy Price Performance

ETR stock opened at $115.95 on Friday. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.96 and a quick ratio of 0.73. Entergy Corporation has a one year low of $86.40 and a one year high of $118.44. The stock has a market cap of $53.09 billion, a PE ratio of 29.58, a P/E/G ratio of 1.98 and a beta of 0.50. The firm has a 50 day simple moving average of $112.41 and a two-hundred day simple moving average of $107.69.

Entergy (NYSE:ETR) last posted its quarterly earnings data 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 net margin of 13.48% and a return on equity of 10.75%. The firm had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $2.89 billion. During the same quarter last year, the company posted $0.82 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, analysts predict that Entergy Corporation will post 4.4 EPS for the current fiscal year.

Entergy News Summary

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.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ETR shares. Mizuho set a $122.00 price objective on Entergy and gave the stock an “outperform” rating in a report on Wednesday, June 10th. BTIG Research reaffirmed a “buy” rating and set a $126.00 price objective on shares of Entergy in a report on Wednesday, June 10th. JPMorgan Chase & Co. increased their target price on shares of Entergy from $129.00 to $139.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Citigroup reiterated a “neutral” rating and set a $121.00 target price (up from $116.00) on shares of Entergy in a research report on Tuesday, May 5th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Entergy in a research note on Wednesday, June 10th. Seventeen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $121.05.

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.