Trivium Point Advisory LLC Acquires Shares of 97,174 Entergy Corporation $ETR

Trivium Point Advisory LLC bought a new stake in Entergy Corporation (NYSE:ETR) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 97,174 shares of the utilities provider’s stock, valued at approximately $11,161,000. Entergy accounts for about 1.0% of Trivium Point Advisory LLC’s investment portfolio, making the stock its 25th biggest holding.

A number of other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in Entergy by 275.6% in the 4th quarter. Brighton Jones LLC now owns 9,176 shares of the utilities provider’s stock valued at $696,000 after buying an additional 6,733 shares during the last quarter. Woodline Partners LP increased its position in shares of Entergy by 40.7% during the first quarter. Woodline Partners LP now owns 36,228 shares of the utilities provider’s stock worth $3,097,000 after acquiring an additional 10,476 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Entergy in the second quarter worth about $6,869,000. Brown Advisory Inc. lifted its stake in shares of Entergy by 4.8% in the second quarter. Brown Advisory Inc. now owns 4,254 shares of the utilities provider’s stock worth $354,000 after acquiring an additional 193 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Entergy in the second quarter worth about $17,225,000. 88.07% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Haley Fisackerly sold 10,638 shares of the business’s stock in a transaction 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 owned 14,182 shares of the company’s stock, valued at approximately $1,560,020. The trade was a 42.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ralph Lewis Ropp purchased 1,000 shares of the stock in a transaction dated Thursday, August 6th. The shares were purchased at an average price of $106.08 per share, with a total value of $106,080.00. Following the transaction, the director directly owned 3,423 shares of the company’s stock, valued at approximately $363,111.84. The trade was a 41.27% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.21% of the company’s stock.

Entergy Stock Down 0.1%

NYSE:ETR opened at $107.76 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.70 and a debt-to-equity ratio of 1.73. The stock has a 50 day moving average of $111.80 and a 200-day moving average of $109.27. The firm has a market capitalization of $50.28 billion, a PE ratio of 27.63, a price-to-earnings-growth ratio of 1.84 and a beta of 0.50. Entergy Corporation has a 52 week low of $86.40 and a 52 week high of $118.44.

Entergy (NYSE:ETR) last announced its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share (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 business had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.49 billion. During the same quarter last year, the business posted $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Analysts predict that Entergy Corporation will post 4.4 EPS for the current year.

Entergy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Thursday, August 13th will be paid a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Thursday, August 13th. Entergy’s dividend payout ratio (DPR) is presently 65.64%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ETR. Scotiabank restated a “sector outperform” rating on shares of Entergy in a research note on Wednesday, June 10th. Mizuho set a $122.00 target price on Entergy and gave the company an “outperform” rating in a research report on Wednesday, June 10th. BTIG Research reiterated a “buy” rating and set a $126.00 target price on shares of Entergy in a research note on Wednesday, June 10th. Seaport Research Partners downgraded shares of Entergy from a “buy” rating to a “neutral” rating in a research report on Monday, April 20th. Finally, Citigroup restated a “neutral” rating and issued a $121.00 price target (up from $116.00) on shares of Entergy in a research note on Tuesday, May 5th. Seventeen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $120.79.

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.