Entergy Corporation $ETR Stock: Turtle Creek Wealth Advisors LLC Boosts Holdings

Turtle Creek Wealth Advisors LLC increased its stake in shares of Entergy Corporation (NYSE:ETR) by 10.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 107,930 shares of the utilities provider’s stock after acquiring an additional 10,169 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in Entergy were worth $10,713,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Viking Fund Management LLC grew its stake in Entergy by 27.3% in the 3rd quarter. Viking Fund Management LLC now owns 247,000 shares of the utilities provider’s stock valued at $24,517,000 after acquiring an additional 53,000 shares during the period. Mather Group LLC. boosted its position in Entergy by 3.0% during the third quarter. Mather Group LLC. now owns 4,459 shares of the utilities provider’s stock worth $443,000 after acquiring an additional 131 shares during the last quarter. Strategy Asset Managers LLC grew its stake in Entergy by 236.3% during the 3rd quarter. Strategy Asset Managers LLC now owns 10,115 shares of the utilities provider’s stock valued at $1,004,000 after acquiring an additional 7,107 shares in the last quarter. First Citizens Bank & Trust Co. grew its stake in Entergy by 156.8% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 13,616 shares of the utilities provider’s stock valued at $1,352,000 after acquiring an additional 8,314 shares in the last quarter. Finally, Focus Financial Network Inc. raised its holdings in Entergy by 3.1% in the 3rd quarter. Focus Financial Network Inc. now owns 5,286 shares of the utilities provider’s stock valued at $525,000 after acquiring an additional 158 shares during the last quarter. Hedge funds and other institutional investors own 88.07% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Weiss Ratings lowered shares of Entergy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, August 20th. Evercore reaffirmed an “outperform” rating and issued a $128.00 price target on shares of Entergy in a report on Monday, August 17th. Truist Financial set a $119.00 price target on shares of Entergy and gave the company a “buy” rating in a research report on Monday. KeyCorp cut their target price on Entergy from $123.00 to $118.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, Morgan Stanley decreased their price objective on shares of Entergy from $105.00 to $98.00 and set an “equal weight” rating on the stock in a report on Friday, September 18th. Seventeen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Entergy presently has an average rating of “Moderate Buy” and a consensus price target of $119.58.

Insiders Place Their Bets

In related news, insider Laura R. Landreaux sold 5,600 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $106.20, for a total transaction of $594,720.00. Following the completion of the sale, the insider directly owned 22,589 shares of the company’s stock, valued at $2,398,951.80. This trade represents a 19.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ralph Lewis Ropp bought 1,000 shares of the stock in a transaction dated Thursday, August 6th. The stock was purchased at an average cost of $106.08 per share, for a total transaction of $106,080.00. Following the acquisition, the director owned 3,423 shares of the company’s stock, valued at approximately $363,111.84. This represents a 41.27% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.21% of the company’s stock.

Key Entergy News

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: KeyCorp maintained an Overweight rating and a $118 price target while raising its EPS forecasts for the third quarter and full-year 2026 to $1.67 and $4.40, respectively. The firm also increased its longer-term forecasts to $5.14 for 2027, $5.77 for 2028, $6.49 for 2029 and $7.32 for 2030, signaling confidence in Entergy’s earnings growth outlook.
• Positive Sentiment: JPMorgan retained an Overweight rating and still sees substantial upside with a $130 price target, despite reducing its previous target. Entergy Stock Price Target Cut by JPMorgan Chase & Co.
• Neutral Sentiment: Entergy highlighted the 25th anniversary of its Environmental Initiatives Fund and its support for local environmental projects. The announcement reinforces corporate sustainability efforts but is unlikely to materially affect near-term earnings. Entergy celebrates 25 years of local sustainability impact
• Negative Sentiment: KeyCorp lowered its fourth-quarter 2026 EPS estimate to $0.82 from $0.87, suggesting near-term earnings pressure even though its full-year forecast was raised slightly to $4.40.
• Negative Sentiment: JPMorgan cut its price target to $130 from $137, while KeyBanc reduced its target to $118 from $123. These target reductions can weigh on sentiment, particularly as higher interest rates raise financing costs and make utility dividend stocks less attractive relative to bonds. Rate Headwinds Overshadow Entergy’s Solid Data Center and Utility Fundamentals

Entergy Stock Down 0.8%

Shares of NYSE:ETR traded down $0.87 during trading hours on Thursday, reaching $103.63. The stock had a trading volume of 1,059,525 shares, compared to its average volume of 2,982,427. Entergy Corporation has a 1 year low of $90.87 and a 1 year high of $118.44. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.70 and a current ratio of 0.91. The stock has a market capitalization of $48.36 billion, a price-to-earnings ratio of 26.57, a P/E/G ratio of 2.35 and a beta of 0.46. The firm’s 50 day moving average is $104.44 and its 200-day moving average is $109.75.

Entergy (NYSE:ETR) last released its quarterly earnings data 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. The business had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.49 billion. Entergy had a return on equity of 10.53% and a net margin of 13.40%. During the same period in the prior year, the firm posted $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Research analysts predict that Entergy Corporation will post 4.40 earnings per share for the current fiscal year.

Entergy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Thursday, August 13th were issued a $0.64 dividend. This represents a $2.56 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Thursday, August 13th. Entergy’s dividend payout ratio is presently 65.64%.

Entergy Company Profile

Entergy Corporation is an integrated energy company that provides electric power and related services through regulated utility subsidiaries. Its operations include electricity generation, transmission and distribution, as well as natural gas distribution and other utility services.

Entergy serves customers across Arkansas, Louisiana, Mississippi and Texas, including the city of New Orleans. The company operates a diverse generation portfolio that includes nuclear, natural gas, renewable and other resources, and it supplies electricity to residential, commercial, industrial and governmental customers.

Founded in 1949 as Middle South Utilities, the company adopted the Entergy name in 1994.