Entergy Corporation $ETR Holdings Raised by Patton Fund Management Inc.

Key Points

• Patton Fund Management boosted its stake in Entergy by 75.4% in Q4, buying 27,161 shares to hold 63,168 shares worth about $5.84 million, and institutional investors now own roughly 88.07% of the company.
• Entergy declared a quarterly dividend of $0.64 per share (annualized $2.56, ~2.2% yield) payable June 1 with an investor record date and ex-dividend date of May 1.
• Entergy missed Q results slightly with EPS of $0.51 vs. $0.52 expected and revenue of $2.96B vs. $2.99B, set FY2026 guidance of 4.250–4.450 EPS, and carries a consensus analyst rating of "Moderate Buy" with a $110.67 target.

Patton Fund Management Inc. boosted its stake in Entergy Corporation (NYSE:ETR - Free Report) by 75.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 63,168 shares of the utilities provider's stock after buying an additional 27,161 shares during the quarter. Patton Fund Management Inc.'s holdings in Entergy were worth $5,839,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capital A Wealth Management LLC raised its holdings in shares of Entergy by 5,466.7% during the 2nd quarter. Capital A Wealth Management LLC now owns 334 shares of the utilities provider's stock valued at $28,000 after purchasing an additional 328 shares in the last quarter. Physician Wealth Advisors Inc. raised its holdings in shares of Entergy by 56.9% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider's stock valued at $30,000 after purchasing an additional 115 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Entergy by 150.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider's stock valued at $30,000 after purchasing an additional 194 shares in the last quarter. Valley National Advisers Inc. raised its holdings in shares of Entergy by 306.0% during the 4th quarter. Valley National Advisers Inc. now owns 341 shares of the utilities provider's stock valued at $31,000 after purchasing an additional 257 shares in the last quarter. Finally, JFS Wealth Advisors LLC raised its holdings in shares of Entergy by 46.1% during the 3rd quarter. JFS Wealth Advisors LLC now owns 412 shares of the utilities provider's stock valued at $38,000 after purchasing an additional 130 shares in the last quarter. Institutional investors own 88.07% of the company's stock.

Entergy Stock Performance

NYSE:ETR opened at $115.31 on Tuesday. Entergy Corporation has a 1 year low of $79.40 and a 1 year high of $117.81. The firm's fifty day simple moving average is $105.88 and its 200 day simple moving average is $98.63. The company has a current ratio of 0.74, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65. The firm has a market capitalization of $52.79 billion, a PE ratio of 29.49, a PEG ratio of 2.30 and a beta of 0.57.

Entergy (NYSE:ETR - Get Free Report) last posted its earnings results on Thursday, February 12th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). The firm had revenue of $2.96 billion during the quarter, compared to analyst estimates of $2.99 billion. Entergy had a net margin of 13.66% and a return on equity of 10.89%. During the same quarter in the previous year, the business posted $0.66 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, sell-side analysts anticipate that Entergy Corporation will post 3.88 EPS for the current year.

Entergy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 1st will be issued a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 1st. Entergy's dividend payout ratio (DPR) is currently 65.47%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ETR. TD Cowen began coverage on shares of Entergy in a report on Friday, January 9th. They set a "buy" rating and a $108.00 price target on the stock. KeyCorp raised their target price on shares of Entergy from $102.00 to $111.00 and gave the company an "overweight" rating in a research note on Wednesday, March 4th. Barclays raised their target price on shares of Entergy from $96.00 to $118.00 and gave the company an "overweight" rating in a research note on Monday, March 30th. Weiss Ratings reiterated a "buy (b)" rating on shares of Entergy in a research note on Thursday, January 22nd. Finally, Mizuho raised their target price on shares of Entergy from $112.00 to $120.00 and gave the company an "outperform" rating in a research note on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $110.67.

Insider Activity at Entergy

In other 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 transaction of $558,419.40. Following the completion of the sale, the executive vice president owned 23,609 shares in the company, valued at $2,454,155.55. The trade was a 18.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.21% of the stock is currently owned by corporate 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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