Ninety One UK Ltd Buys New Position in Entergy Corporation $ETR

Ninety One UK Ltd bought a new stake in Entergy Corporation (NYSE:ETR) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 10,297 shares of the utilities provider’s stock, valued at approximately $1,022,000.

Several other institutional investors and hedge funds have also bought and sold shares of ETR. Bell Investment Advisors Inc acquired a new position in shares of Entergy during the second quarter worth $28,000. Pingora Partners LLC purchased a new stake in shares of Entergy during the 2nd quarter valued at $30,000. Bank of New Hampshire boosted its position in shares of Entergy by 303.0% in the 3rd quarter. Bank of New Hampshire now owns 266 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 200 shares in the last quarter. Dynamic Wealth Strategies LLC acquired a new stake in shares of Entergy in the 1st quarter worth $30,000. Finally, Fairway Wealth LLC acquired a new stake in shares of Entergy in the 1st quarter worth $30,000. 88.07% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Ralph Lewis Ropp bought 1,000 shares of the firm’s stock in a transaction that occurred on 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 purchase, the director directly owned 3,423 shares in the company, valued at approximately $363,111.84. This trade represents a 41.27% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 sale, the insider directly owned 22,589 shares in the company, valued at $2,398,951.80. This trade represents a 19.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.21% of the stock is owned by company insiders.

Entergy Stock Down 0.6%

Shares of ETR opened at $103.85 on Friday. The company has a market capitalization of $48.46 billion, a price-to-earnings ratio of 26.63, a PEG ratio of 2.34 and a beta of 0.46. Entergy Corporation has a 52 week low of $90.87 and a 52 week high of $118.44. The stock’s 50-day moving average price is $104.39 and its 200-day moving average price is $109.71. The company has a quick ratio of 0.70, a current ratio of 0.91 and a debt-to-equity ratio of 1.73.

Entergy (NYSE:ETR) last announced its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share for the quarter, beating 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 company had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.49 billion. During the same period last year, the business earned $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, sell-side analysts predict that Entergy Corporation will post 4.40 EPS for the current 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 paid a dividend of $0.64 per share. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.5%. Entergy’s dividend payout ratio (DPR) is presently 65.64%.

Entergy News Summary

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: KeyBanc reiterated a Buy rating on Entergy and maintained a $118 price target, implying potential upside from recent trading levels. Entergy Receives a Buy from KeyBanc
• Positive Sentiment: KeyCorp made modestly bullish revisions to Entergy’s forecasts: Q3 2026 EPS rose to $1.67 from $1.63, FY2026 EPS increased to $4.40 from $4.39, and FY2027 EPS increased to $5.14 from $5.12. Longer-term estimates also edged higher to $5.77 for FY2028, $6.49 for FY2029 and $7.32 for FY2030. KeyCorp retains an Overweight rating and a $118 target.
• Neutral Sentiment: The revisions point to continued earnings growth, but the FY2026 estimate merely matches the broader consensus of $4.40 per share. KeyCorp’s forecast for FY2027 remains ahead of the current-year outlook, supporting the long-term investment case without creating a major near-term earnings catalyst.
• Negative Sentiment: KeyCorp lowered its Q4 2026 EPS estimate to $0.82 from $0.87, partially offsetting the positive quarterly and long-range changes.
• Negative Sentiment: JPMorgan Chase & Co. cut its price target for Entergy, adding pressure to the shares and signaling more limited near-term upside in that analyst’s view. Entergy Stock Price Target Cut by JPMorgan Chase
• Negative Sentiment: Market commentary highlighted rising-rate headwinds as a key risk for Entergy. Higher interest rates can increase the utility’s borrowing costs and make its dividend yield less attractive relative to bonds, overshadowing solid utility fundamentals and potential data-center-related electricity demand. Rate Headwinds Overshadow Entergy’s Fundamentals

Wall Street Analysts Forecast Growth

ETR has been the topic of several research analyst reports. Evercore restated an “outperform” rating and set a $128.00 target price on shares of Entergy in a research note on Monday, August 17th. Weiss Ratings cut Entergy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, August 20th. Morgan Stanley decreased their price target on Entergy from $105.00 to $98.00 and set an “equal weight” rating for the company in a research note on Friday, September 18th. Truist Financial set a $119.00 price target on Entergy and gave the stock a “buy” rating in a report on Monday. Finally, KeyCorp lowered their price target on Entergy from $123.00 to $118.00 and set an “overweight” rating for the company in a report on Tuesday. Seventeen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Entergy has a consensus rating of “Moderate Buy” and a consensus target price of $120.83.

Entergy 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.