20,137 Entergy Corporation $ETR Shares Sold by Sowell Financial Services LLC

Key Points

• Sowell Financial Services cut its Entergy stake by 79%, selling 20,137 shares during the third quarter and retaining 5,346 shares valued at approximately $531,000.
• Entergy reported quarterly earnings of $1.98 per share on $4.37 billion in revenue, exceeding analyst expectations and improving from the prior-year quarter.
• The company raised its quarterly dividend from $0.64 to $0.68 per share, equivalent to a $2.72 annual payout and an approximately 2.5% yield; analysts maintain a consensus “Moderate Buy” rating.

Sowell Financial Services LLC decreased its position in shares of Entergy Corporation (NYSE:ETR - Free Report) by 79.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,346 shares of the utilities provider's stock after selling 20,137 shares during the period. Sowell Financial Services LLC's holdings in Entergy were worth $531,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Entergy in the second quarter worth $4,861,376,000. Bank of America Corp DE purchased a new stake in Entergy during the second quarter valued at approximately $1,991,669,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Entergy during the second quarter valued at approximately $633,338,000. Legal & General Group Plc bought a new stake in shares of Entergy in the 2nd quarter valued at approximately $430,404,000. Finally, Deutsche Bank AG bought a new stake in shares of Entergy in the 2nd quarter valued at approximately $289,303,000. Institutional investors own 88.07% of the company's stock.

Entergy Stock Down 0.3%

Shares of NYSE:ETR opened at $109.78 on Tuesday. Entergy Corporation has a 1 year low of $90.87 and a 1 year high of $118.44. The business has a 50 day simple moving average of $104.46 and a two-hundred day simple moving average of $107.38. The firm has a market capitalization of $51.23 billion, a PE ratio of 27.45, a price-to-earnings-growth ratio of 2.41 and a beta of 0.46. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.91 and a quick ratio of 0.70.

Entergy (NYSE:ETR - Get Free Report) last released its earnings results on Monday, November 2nd. The utilities provider reported $1.98 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.25. Entergy had a return on equity of 10.53% and a net margin of 13.40%. The firm had revenue of $4.37 billion for the quarter, compared to analysts' expectations of $4.12 billion. During the same quarter in the prior year, the firm posted $1.53 earnings per share. On average, equities analysts predict that Entergy Corporation will post 4.40 EPS for the current year.

Entergy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be given a $0.68 dividend. This is a boost from Entergy's previous quarterly dividend of $0.64. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.72 annualized dividend and a yield of 2.5%. Entergy's dividend payout ratio is currently 65.64%.

Insider Buying and Selling at Entergy

In other Entergy news, Director Ralph Lewis Ropp acquired 1,000 shares of the business's stock in a transaction on Thursday, August 6th. The shares were bought 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 $363,111.84. The trade was a 41.27% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, insider Laura 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 value of $594,720.00. Following the completion of the sale, the insider owned 22,589 shares in the company, valued at approximately $2,398,951.80. The trade was a 19.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.21% of the company's stock.

Key Stories Impacting Entergy

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Entergy reported third-quarter adjusted earnings of $1.98 per share, up from $1.53 a year ago and ahead of analyst estimates of roughly $1.71–$1.73. Revenue increased to $4.37 billion, exceeding the $4.12 billion consensus estimate. Strong electricity demand, favorable weather and regulatory rate actions supported the performance. Entergy reports third quarter 2026 financial results
• Positive Sentiment: The utility raised the lower end of its 2026 earnings guidance by $0.10 per share and narrowed its guidance range, signaling greater confidence in near-term results. Management also affirmed its broader financial outlook. Entergy: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Entergy increased its quarterly dividend to $0.68 per share, a 6.3% increase from $0.64. The new payout equals $2.72 annually and provides an approximately 2.5% yield, enhancing the stock’s income appeal.
• Positive Sentiment: The company added $1.5 billion to its capital plan through 2030. Although this raises investment needs, it also reflects opportunities to expand and strengthen the regulated utility business over the long term. Entergy: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Higher operating costs pressured results, partially offsetting favorable demand, weather and regulatory trends. The expanded capital plan could support future earnings growth but may also increase financing requirements for a company that already carries substantial leverage.

Wall Street Analyst Weigh In

Several analysts recently weighed in on ETR shares. Jefferies Financial Group decreased their price target on Entergy from $133.00 to $130.00 and set a "buy" rating on the stock in a report on Tuesday, October 20th. Barclays restated an "overweight" rating and issued a $115.00 price target (down from $128.00) on shares of Entergy in a research report on Monday, October 19th. Evercore lifted their price objective on shares of Entergy from $121.00 to $128.00 and gave the stock an "outperform" rating in a research note on Thursday, October 8th. Scotiabank cut their price objective on shares of Entergy from $129.00 to $121.00 and set an "outperform" rating on the stock in a research report on Wednesday, September 30th. Finally, Mizuho reduced their target price on shares of Entergy from $122.00 to $121.00 and set an "outperform" rating on the stock in a research note on Thursday, July 30th. Twenty investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $121.25.

Entergy Company Profile

Entergy Corporation is an integrated energy company that operates as a regulated electric utility. Through its operating companies, the company generates, transmits and distributes electricity to residential, commercial, industrial and governmental customers. Its generation portfolio includes nuclear, natural gas, renewable and other power resources, while its transmission and distribution networks deliver electricity across its service territories.

Entergy serves customers in Arkansas, Louisiana, Mississippi and Texas, including the New Orleans area through Entergy New Orleans.

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