Entergy Corporation $ETR Shares Sold by SummitTX Capital L.P.

SummitTX Capital L.P. trimmed its holdings in Entergy Corporation (NYSE:ETR) by 4.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 176,565 shares of the utilities provider’s stock after selling 8,881 shares during the quarter. Entergy comprises about 0.6% of SummitTX Capital L.P.’s portfolio, making the stock its 19th biggest holding. SummitTX Capital L.P.’s holdings in Entergy were worth $19,839,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Caliber Wealth Management LLC KS bought a new position in shares of Entergy in the fourth quarter worth $2,404,000. World Investment Advisors raised its stake in shares of Entergy by 170.6% during the fourth quarter. World Investment Advisors now owns 60,579 shares of the utilities provider’s stock valued at $5,303,000 after purchasing an additional 38,195 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Entergy by 4.4% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 928,984 shares of the utilities provider’s stock valued at $87,194,000 after purchasing an additional 38,742 shares in the last quarter. Phoenix Wealth Advisors acquired a new stake in Entergy in the fourth quarter worth about $1,502,000. Finally, Illinois Municipal Retirement Fund lifted its holdings in Entergy by 18.3% in the first quarter. Illinois Municipal Retirement Fund now owns 180,358 shares of the utilities provider’s stock worth $20,265,000 after purchasing an additional 27,868 shares during the period. 88.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. KeyCorp reissued an “overweight” rating and set a $123.00 target price (up from $118.00) on shares of Entergy in a research note on Tuesday, April 21st. Morgan Stanley set a $109.00 price target on shares of Entergy in a research note on Wednesday. UBS Group reiterated 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. Truist Financial set a $127.00 target price on Entergy and gave the stock a “buy” rating in a report on Friday, May 29th. Finally, Mizuho set a $122.00 target price on Entergy and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Seventeen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Entergy presently has a consensus rating of “Moderate Buy” and an average price target of $121.05.

Entergy Price Performance

Shares of NYSE ETR opened at $115.95 on Monday. Entergy Corporation has a twelve month low of $86.40 and a twelve month high of $118.44. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 1.80. The company has a market capitalization of $53.09 billion, a price-to-earnings ratio of 29.58, a PEG ratio of 1.98 and a beta of 0.50. The firm has a 50-day moving average of $112.41 and a two-hundred day moving average of $107.79.

Entergy (NYSE:ETR) last announced its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $0.86 earnings per share (EPS) for the quarter, topping 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 company had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $2.89 billion. During the same quarter in the previous year, the company posted $0.82 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, analysts expect that Entergy Corporation will post 4.4 earnings per share for the current fiscal year.

Entergy News Roundup

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.

Insiders Place Their Bets

In other Entergy news, insider Haley Fisackerly sold 10,638 shares of Entergy stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total value of $1,170,180.00. Following the transaction, the insider owned 14,182 shares in the company, valued at approximately $1,560,020. The trade was a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.21% of the company’s stock.

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.