ASR Vermogensbeheer N.V. Sells 38,753 Shares of Entergy Corporation $ETR

Key Points

• ASR Vermogensbeheer N.V. cut its Entergy stake by 77.2% in the fourth quarter, selling 38,753 shares and leaving it with 11,448 shares valued at about $1.06 million.
• Entergy posted solid quarterly results, reporting $0.86 EPS on $3.19 billion in revenue, both ahead of Wall Street expectations. The company also reiterated FY 2026 guidance of 4.25 to 4.45 EPS.
• Analyst sentiment remains generally positive, with a consensus rating of “Moderate Buy” and an average target price of $118.11, while the stock was trading around $111.85. Entergy also announced a quarterly dividend of $0.64 per share, equal to a 2.3% annualized yield.

ASR Vermogensbeheer N.V. lowered its position in Entergy Corporation (NYSE:ETR - Free Report) by 77.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,448 shares of the utilities provider's stock after selling 38,753 shares during the quarter. ASR Vermogensbeheer N.V.'s holdings in Entergy were worth $1,058,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of ETR. United Community Bank grew its holdings in Entergy by 806.7% during the 4th quarter. United Community Bank now owns 272 shares of the utilities provider's stock worth $25,000 after acquiring an additional 242 shares in the last quarter. Physician Wealth Advisors Inc. grew its holdings in Entergy by 56.9% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider's stock worth $30,000 after acquiring an additional 115 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in Entergy by 150.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider's stock worth $30,000 after acquiring an additional 194 shares in the last quarter. Valley National Advisers Inc. grew its holdings in Entergy by 306.0% during the 4th quarter. Valley National Advisers Inc. now owns 341 shares of the utilities provider's stock worth $31,000 after acquiring an additional 257 shares in the last quarter. Finally, JFS Wealth Advisors LLC grew its holdings in Entergy by 46.1% during the 3rd quarter. JFS Wealth Advisors LLC now owns 412 shares of the utilities provider's stock worth $38,000 after acquiring an additional 130 shares in the last quarter. Institutional investors own 88.07% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Entergy from a "strong sell" rating to a "sell" rating in a report on Saturday, May 2nd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Entergy in a research report on Tuesday, April 21st. Scotiabank reaffirmed an "outperform" rating and set a $129.00 target price (up from $114.00) on shares of Entergy in a research report on Thursday, April 30th. Seaport Research Partners cut Entergy from a "buy" rating to a "neutral" rating in a research report on Monday, April 20th. Finally, Evercore set a $115.00 target price on Entergy in a research report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $118.11.

Entergy Stock Up 0.2%

Entergy stock opened at $111.85 on Monday. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.96 and a quick ratio of 0.73. The stock has a market capitalization of $51.21 billion, a price-to-earnings ratio of 28.53, a PEG ratio of 2.21 and a beta of 0.54. Entergy Corporation has a 1-year low of $79.40 and a 1-year high of $118.44. The business has a fifty day moving average price of $109.94 and a 200-day moving average price of $100.76.

Entergy (NYSE:ETR - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.02. The firm had revenue of $3.19 billion during the quarter, compared to analysts' expectations of $2.89 billion. Entergy had a return on equity of 10.75% and a net margin of 13.48%.During the same quarter last year, the firm earned $0.82 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Equities research analysts forecast that Entergy Corporation will post 4.4 EPS for the current fiscal year.

Entergy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 1st will be given a $0.64 dividend. The ex-dividend date of this dividend is Friday, May 1st. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.3%. Entergy's dividend payout ratio (DPR) is presently 65.31%.

Insider Buying and Selling at Entergy

In related news, EVP John C. Dinelli sold 5,372 shares of Entergy stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $103.95, for a total value of $558,419.40. Following the completion of the sale, the executive vice president directly owned 23,609 shares in the company, valued at $2,454,155.55. This trade represents a 18.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.21% of the stock is owned by insiders.

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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