Empowered Funds LLC Acquires New Holdings in Entergy Corporation $ETR

Key Points

• Empowered Funds LLC acquired 39,964 Entergy shares in the second quarter, worth approximately $4.59 million. Institutional investors collectively own 88.07% of the company.
• Entergy’s latest quarterly results modestly exceeded expectations, with earnings of $1.03 per share and revenue of $3.52 billion. The company maintained 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 “Moderate Buy” consensus rating with an average price target of $120.84.

Empowered Funds LLC acquired a new position in Entergy Corporation (NYSE:ETR - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 39,964 shares of the utilities provider's stock, valued at approximately $4,590,000.

A number of other hedge funds also recently bought and sold shares of ETR. Washington Trust Advisors Inc. raised its position in shares of Entergy by 119.4% in the 4th quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider's stock worth $26,000 after acquiring an additional 154 shares in the last quarter. Union Savings Bank bought a new stake in Entergy during the fourth quarter valued at about $28,000. Bell Investment Advisors Inc bought a new stake in Entergy during the second quarter valued at about $28,000. Fairway Wealth LLC purchased a new position in Entergy in the first quarter valued at about $30,000. Finally, Dynamic Wealth Strategies LLC purchased a new position in Entergy in the first quarter valued at about $30,000. Hedge funds and other institutional investors own 88.07% of the company's stock.

Insider Buying and Selling

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

Entergy Price Performance

Shares of NYSE ETR opened at $106.49 on Tuesday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.70 and a current ratio of 0.91. The company has a market cap of $49.69 billion, a PE ratio of 27.31, a P/E/G ratio of 1.81 and a beta of 0.50. The business has a 50-day simple moving average of $110.94 and a two-hundred day simple moving average of $110.02. Entergy Corporation has a fifty-two week low of $86.40 and a fifty-two week high of $118.44.

Entergy (NYSE:ETR - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.02. The business had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.49 billion. Entergy had a return on equity of 10.53% and a net margin of 13.40%.During the same quarter in the previous year, the firm earned $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities analysts expect that Entergy Corporation will post 4.4 EPS for the current fiscal year.

Entergy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Thursday, August 13th will be paid 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 presently 65.64%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Citigroup reissued a "neutral" rating and set a $121.00 price target (up from $116.00) on shares of Entergy in a research report on Tuesday, May 5th. Truist Financial set a $122.00 price objective on shares of Entergy and gave the stock a "buy" rating in a research report on Thursday, August 13th. BMO Capital Markets boosted their price objective on shares of Entergy from $123.00 to $124.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. increased their target price on shares of Entergy from $129.00 to $139.00 and gave the company an "overweight" rating in a research report on Thursday, July 16th. Finally, Jefferies Financial Group restated a "buy" rating on shares of Entergy in a research note on Wednesday, June 10th. Seventeen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $120.84.

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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