Arizona State Retirement System Buys 9,894 Shares of Entergy Corporation $ETR

Key Points

• Arizona State Retirement System increased its Entergy stake by 8.2%, buying 9,894 shares to own 131,256 shares valued at approximately $15.1 million. Institutional investors collectively hold 88.07% of the utility’s stock.
• Entergy reported quarterly earnings of $1.03 per share, topping estimates of $1.01, while revenue reached $3.52 billion. The company maintained fiscal 2026 EPS guidance of $4.25–$4.45.
• Entergy pays a quarterly dividend of $0.64 per share, equivalent to a 2.4% annual yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $120.84, compared with the reported share price of $108.52.

Arizona State Retirement System boosted its stake in shares of Entergy Corporation (NYSE:ETR - Free Report) by 8.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 131,256 shares of the utilities provider's stock after acquiring an additional 9,894 shares during the period. Arizona State Retirement System's holdings in Entergy were worth $15,076,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC increased its stake in Entergy by 275.6% in the 4th quarter. Brighton Jones LLC now owns 9,176 shares of the utilities provider's stock worth $696,000 after acquiring an additional 6,733 shares during the last quarter. Woodline Partners LP lifted its position in Entergy by 40.7% during the first quarter. Woodline Partners LP now owns 36,228 shares of the utilities provider's stock valued at $3,097,000 after purchasing an additional 10,476 shares during the last quarter. Marshall Wace LLP bought a new position in Entergy during the second quarter valued at $6,869,000. Brown Advisory Inc. grew its stake in shares of Entergy by 4.8% in the 2nd quarter. Brown Advisory Inc. now owns 4,254 shares of the utilities provider's stock worth $354,000 after buying an additional 193 shares in the last quarter. Finally, Qube Research & Technologies Ltd bought a new stake in shares of Entergy in the 2nd quarter worth about $17,225,000. 88.07% of the stock is currently owned by institutional investors.

Entergy Stock Performance

Shares of NYSE:ETR opened at $108.52 on Wednesday. Entergy Corporation has a one year low of $86.49 and a one year high of $118.44. The firm has a market cap of $50.64 billion, a PE ratio of 27.83, a price-to-earnings-growth ratio of 2.40 and a beta of 0.49. The firm's 50 day simple moving average is $110.01 and its 200-day simple moving average is $110.20. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.70 and a current ratio of 0.91.

Entergy (NYSE:ETR - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.03 EPS 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 firm had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.49 billion. During the same quarter last year, the firm posted $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities 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 was paid on Tuesday, September 1st. Shareholders of record on Thursday, August 13th were issued a dividend of $0.64 per share. The ex-dividend date was Thursday, August 13th. This represents a $2.56 dividend on an annualized basis and a yield of 2.4%. Entergy's dividend payout ratio is currently 65.64%.

Insider Transactions at Entergy

In related news, Director Ralph Lewis Ropp purchased 1,000 shares of the business's stock in a transaction dated Thursday, August 6th. The shares were acquired 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 $363,111.84. The trade was a 41.27% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.21% of the company's stock.

Wall Street Analysts Forecast Growth

ETR has been the topic of several recent research reports. Wall Street Zen cut shares of Entergy from a "hold" rating to a "sell" rating in a research report on Sunday, August 9th. Scotiabank reissued a "sector outperform" rating on shares of Entergy in a research note on Wednesday, June 10th. Jefferies Financial Group restated a "buy" rating on shares of Entergy in a report on Wednesday, June 10th. JPMorgan Chase & Co. raised their price target on Entergy from $129.00 to $139.00 and gave the stock an "overweight" rating in a research report on Thursday, July 16th. Finally, Weiss Ratings lowered shares of Entergy from a "buy (b+)" rating to a "buy (b)" rating in a research note on Thursday, August 20th. Seventeen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $120.84.

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.

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