Corient Private Wealth LP Makes New Investment in Entergy Corporation $ETR

Key Points

• Corient Private Wealth acquired 116,179 Entergy shares in the second quarter, valued at approximately $13.4 million. Institutional investors collectively own 88.07% of the company.
• Entergy reported quarterly EPS of $1.03, beating analysts’ $1.01 estimate, while revenue reached $3.52 billion. The company reaffirmed fiscal 2026 EPS guidance of $4.25–$4.45.
• Entergy declared a quarterly dividend of $0.64 per share, equivalent to an annualized $2.56 payout and a 2.4% yield. Analysts maintain a consensus “Moderate Buy” rating with a $120.84 price target.

Corient Private Wealth LP acquired a new position in shares of Entergy Corporation (NYSE:ETR - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 116,179 shares of the utilities provider's stock, valued at approximately $13,357,000.

Other large investors have also recently made changes to their positions in the company. Pinnacle Wealth Management Advisory Group LLC lifted its position in Entergy by 3.6% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,623 shares of the utilities provider's stock worth $295,000 after acquiring an additional 90 shares during the period. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Entergy by 9.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,096 shares of the utilities provider's stock worth $126,000 after purchasing an additional 92 shares during the last quarter. Aristotle Capital Management LLC raised its stake in shares of Entergy by 4.4% in the fourth quarter. Aristotle Capital Management LLC now owns 2,280 shares of the utilities provider's stock worth $211,000 after purchasing an additional 96 shares during the last quarter. Founders Financial Securities LLC lifted its holdings in shares of Entergy by 2.5% during the first quarter. Founders Financial Securities LLC now owns 4,094 shares of the utilities provider's stock worth $481,000 after purchasing an additional 101 shares during the period. Finally, Rehmann Capital Advisory Group boosted its position in Entergy by 2.8% in the fourth quarter. Rehmann Capital Advisory Group now owns 3,807 shares of the utilities provider's stock valued at $352,000 after buying an additional 102 shares during the last quarter. 88.07% of the stock is owned by hedge funds and other institutional investors.

Entergy Stock Performance

ETR opened at $105.77 on Friday. The firm has a fifty day moving average price of $111.05 and a 200 day moving average price of $109.89. Entergy Corporation has a 1 year low of $86.40 and a 1 year high of $118.44. The stock has a market cap of $49.36 billion, a P/E ratio of 27.12, a P/E/G ratio of 1.81 and a beta of 0.50. 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 quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.02. Entergy had a net margin of 13.40% and a return on equity of 10.53%. The company had revenue of $3.52 billion during the quarter, compared to analysts' expectations of $3.49 billion. During the same quarter in the previous year, the company earned $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Equities research analysts anticipate that Entergy Corporation will post 4.4 earnings per share for the current year.

Entergy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Thursday, August 13th will be given a dividend of $0.64 per share. The ex-dividend date is 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%.

Wall Street Analysts Forecast Growth

ETR has been the topic of several research reports. Weiss Ratings downgraded shares of Entergy from a "buy (b+)" rating to a "buy (b)" rating in a report on Thursday, August 20th. Truist Financial set a $122.00 price objective on shares of Entergy and gave the stock a "buy" rating in a research note on Thursday, August 13th. Mizuho set a $122.00 target price on shares of Entergy and gave the stock an "outperform" rating in a report on Wednesday, June 10th. BMO Capital Markets boosted their target price on shares of Entergy from $123.00 to $124.00 and gave the company an "outperform" rating in a research report on Wednesday, July 22nd. Finally, Citigroup reaffirmed a "neutral" rating and issued a $121.00 price target (up from $116.00) on shares of Entergy in a report on Tuesday, May 5th. Seventeen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $120.84.

Insider Activity at Entergy

In other Entergy news, Director Ralph Lewis Ropp bought 1,000 shares of the firm's stock in a transaction dated Thursday, August 6th. The shares were purchased at an average price of $106.08 per share, for a total transaction of $106,080.00. Following the transaction, the director directly owned 3,423 shares of the company's stock, valued at approximately $363,111.84. This represents a 41.27% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Haley Fisackerly sold 10,638 shares of Entergy stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total transaction of $1,170,180.00. Following the completion of the sale, the insider directly owned 14,182 shares in the company, valued at $1,560,020. This represents a 42.86% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by company insiders.

Entergy 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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