Entergy Corporation $ETR Shares Bought by Alyeska Investment Group L.P.

Key Points

• Alyeska Investment Group increased its Entergy stake by 18.2% in the second quarter, purchasing 32,262 additional shares and bringing its holdings to 209,910 shares valued at approximately $24.1 million. Institutional investors collectively own 88.07% of Entergy.
• Entergy reported quarterly EPS of $1.03, exceeding 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 $2.56 annually and a 2.4% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $120.84.

Alyeska Investment Group L.P. grew its position in shares of Entergy Corporation (NYSE:ETR - Free Report) by 18.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 209,910 shares of the utilities provider's stock after purchasing an additional 32,262 shares during the quarter. Alyeska Investment Group L.P.'s holdings in Entergy were worth $24,110,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Washington Trust Advisors Inc. lifted its holdings 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 valued at $26,000 after purchasing an additional 154 shares during the last quarter. Union Savings Bank purchased a new position in Entergy during the 4th quarter worth approximately $28,000. Bell Investment Advisors Inc purchased a new position in Entergy during the 2nd quarter worth approximately $28,000. Fairway Wealth LLC acquired a new position in Entergy during the first quarter worth approximately $30,000. Finally, Dynamic Wealth Strategies LLC purchased a new stake in Entergy in the first quarter valued at approximately $30,000. Institutional investors and hedge funds own 88.07% 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 current ratio of 0.91 and a quick ratio of 0.70. The stock has a fifty day moving average price of $110.94 and a 200 day moving average price of $110.02. Entergy Corporation has a 1-year low of $86.40 and a 1-year high of $118.44. 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.

Entergy (NYSE:ETR - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.02. The company had revenue of $3.52 billion for the quarter, compared to analysts' expectations of $3.49 billion. Entergy had a net margin of 13.40% and a return on equity of 10.53%. During the same period in the previous year, the company posted $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Sell-side analysts forecast that Entergy Corporation will post 4.4 EPS for the current year.

Entergy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Thursday, August 13th will be paid a dividend of $0.64 per share. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, August 13th. Entergy's payout ratio is 65.64%.

Insider Transactions at Entergy

In related news, insider Haley Fisackerly sold 10,638 shares of the stock in a transaction dated 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 transaction, the insider directly owned 14,182 shares of the company's stock, valued at $1,560,020. This represents a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ralph Lewis Ropp acquired 1,000 shares of Entergy stock in a transaction that occurred on Thursday, August 6th. The stock was purchased at an average price of $106.08 per share, with a total value of $106,080.00. Following the transaction, the director owned 3,423 shares of the company's stock, valued at $363,111.84. This trade represents a 41.27% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.21% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ETR. Truist Financial set a $122.00 price objective on Entergy and gave the company a "buy" rating in a report on Thursday, August 13th. Barclays cut their target price on shares of Entergy from $124.00 to $119.00 and set an "overweight" rating on the stock in a report on Wednesday, June 3rd. BMO Capital Markets increased their price target 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. Evercore reissued an "outperform" rating and set a $128.00 price objective on shares of Entergy in a research report on Monday, August 17th. Finally, Morgan Stanley set a $105.00 price objective on shares of Entergy and gave the company an "equal weight" rating in a research note on Friday, August 21st. Seventeen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $120.84.

About Entergy

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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