Entergy Corporation $ETR Shares Bought by Ferguson Wellman Capital Management Inc.

Key Points

• Ferguson Wellman Capital Management boosted its stake in Entergy by 25.8% in Q4 to 1,634,838 shares (about $151.1M), making the stock its 7th largest holding and ~2.4% of the firm's portfolio.
• EVP John C. Dinelli sold 5,372 Entergy shares at an average price of $103.95 on Feb. 20, reducing his position by 18.54% to 23,609 shares.
• Entergy slightly missed quarterly EPS ($0.51 vs. $0.52 consensus), provided FY2026 EPS guidance of 4.250–4.450, pays a $0.64 quarterly dividend (≈2.5% yield), and holds a consensus analyst target of $107.17 (Moderate Buy).

Ferguson Wellman Capital Management Inc. increased its stake in Entergy Corporation (NYSE:ETR - Free Report) by 25.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,634,838 shares of the utilities provider's stock after acquiring an additional 335,410 shares during the period. Entergy makes up approximately 2.4% of Ferguson Wellman Capital Management Inc.'s investment portfolio, making the stock its 7th biggest position. Ferguson Wellman Capital Management Inc. owned approximately 0.37% of Entergy worth $151,108,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in ETR. Physician Wealth Advisors Inc. raised its holdings in Entergy by 56.9% during the third quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider's stock worth $30,000 after purchasing an additional 115 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in 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. Capital A Wealth Management LLC increased its position 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 during the period. JFS Wealth Advisors LLC increased its position 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 during the period. Finally, Ameritas Advisory Services LLC raised its stake in shares of Entergy by 44.4% in the 3rd quarter. Ameritas Advisory Services LLC now owns 416 shares of the utilities provider's stock worth $39,000 after buying an additional 128 shares in the last quarter. Institutional investors and hedge funds own 88.07% of the company's stock.

Insiders Place Their Bets

In other Entergy news, EVP John C. Dinelli sold 5,372 shares of the business's stock in a transaction 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 sale, the executive vice president directly owned 23,609 shares of the company's stock, valued at $2,454,155.55. The trade was a 18.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.39% of the company's stock.

Entergy Trading Up 0.3%

NYSE:ETR opened at $102.86 on Thursday. The stock has a fifty day simple moving average of $101.26 and a 200 day simple moving average of $96.37. The firm has a market capitalization of $46.59 billion, a price-to-earnings ratio of 26.31, a price-to-earnings-growth ratio of 2.02 and a beta of 0.64. Entergy Corporation has a 1-year low of $75.57 and a 1-year high of $107.93. The company has a quick ratio of 0.51, a current ratio of 0.74 and a debt-to-equity ratio of 1.65.

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

Entergy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Monday, February 9th were given a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 2.5%. The ex-dividend date was Monday, February 9th. Entergy's payout ratio is presently 65.47%.

Wall Street Analysts Forecast Growth

ETR has been the subject of several research analyst reports. Weiss Ratings restated a "buy (b)" rating on shares of Entergy in a report on Thursday, January 22nd. KeyCorp lifted their target price on Entergy from $102.00 to $111.00 and gave the stock an "overweight" rating in a report on Wednesday, March 4th. UBS Group reissued a "buy" rating and issued a $105.00 price target (up from $96.00) on shares of Entergy in a report on Wednesday, December 17th. JPMorgan Chase & Co. reduced their price objective on shares of Entergy from $113.00 to $108.00 and set an "overweight" rating for the company in a research report on Thursday, December 11th. Finally, Morgan Stanley set a $98.00 price objective on shares of Entergy in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $107.17.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.