Entergy Corporation $ETR Shares Bought by Tidal Investments LLC

Key Points

• Tidal Investments increased its Entergy stake by 50.1% during the second quarter, acquiring 118,699 additional shares and bringing its holdings to 355,791 shares valued at approximately $40.9 million.
• Entergy reported quarterly earnings of $1.03 per share, exceeding estimates, while revenue reached $3.52 billion. The company maintained fiscal 2026 EPS guidance of $4.25–$4.45 and paid a quarterly dividend of $0.64 per share.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $120.84, despite one analyst downgrade to “sell.”

Tidal Investments LLC boosted its holdings in shares of Entergy Corporation (NYSE:ETR - Free Report) by 50.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 355,791 shares of the utilities provider's stock after purchasing an additional 118,699 shares during the period. Tidal Investments LLC owned approximately 0.08% of Entergy worth $40,866,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Callan Family Office LLC acquired a new stake in Entergy during the 2nd quarter worth about $3,250,000. Illinois Municipal Retirement Fund raised its holdings in shares of Entergy by 18.3% during the first quarter. Illinois Municipal Retirement Fund now owns 180,358 shares of the utilities provider's stock valued at $20,265,000 after acquiring an additional 27,868 shares during the period. World Investment Advisors lifted its position in shares of Entergy by 170.6% in the 4th quarter. World Investment Advisors now owns 60,579 shares of the utilities provider's stock valued at $5,303,000 after acquiring an additional 38,195 shares in the last quarter. Vestcor Inc lifted its position in shares of Entergy by 36.6% in the 4th quarter. Vestcor Inc now owns 78,692 shares of the utilities provider's stock valued at $7,274,000 after acquiring an additional 21,100 shares in the last quarter. Finally, Swiss National Bank boosted its stake in Entergy by 7.1% in the 1st quarter. Swiss National Bank now owns 1,310,700 shares of the utilities provider's stock worth $147,270,000 after purchasing an additional 87,300 shares during the period. 88.07% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Entergy

In other news, Director Ralph Lewis Ropp purchased 1,000 shares of the stock in a transaction that occurred 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 purchase, the director owned 3,423 shares in the company, valued at $363,111.84. This represents a 41.27% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.21% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on ETR shares. Wall Street Zen cut shares of Entergy from a "hold" rating to a "sell" rating in a research report on Sunday, August 9th. Mizuho set a $122.00 target price on Entergy and gave the stock an "outperform" rating in a research report on Wednesday, June 10th. Evercore reissued an "outperform" rating and set a $128.00 price target on shares of Entergy in a research report on Monday, August 17th. Jefferies Financial Group reissued a "buy" rating on shares of Entergy in a research note on Wednesday, June 10th. Finally, JPMorgan Chase & Co. raised their price objective on Entergy from $129.00 to $139.00 and gave the stock an "overweight" rating in a research report on Thursday, July 16th. Seventeen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Entergy has a consensus rating of "Moderate Buy" and an average price target of $120.84.

Entergy Trading Down 1.1%

Shares of NYSE:ETR opened at $107.30 on Thursday. The firm has a fifty day moving average of $109.90 and a two-hundred day moving average of $110.23. The firm has a market capitalization of $50.07 billion, a P/E ratio of 27.51, a price-to-earnings-growth ratio of 2.43 and a beta of 0.49. Entergy Corporation has a 12-month low of $86.90 and a 12-month high of $118.44. The company has a quick ratio of 0.70, a current ratio of 0.91 and a debt-to-equity ratio of 1.73.

Entergy (NYSE:ETR - Get Free Report) last posted 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 the consensus estimate 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 prior year, the business posted $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, equities analysts expect that Entergy Corporation will post 4.4 EPS for the current fiscal year.

Entergy Announces Dividend

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

Entergy Company Profile

Entergy Corporation is an integrated energy company headquartered in New Orleans, Louisiana. Through its regulated utility subsidiaries, the company generates, transmits, distributes and sells electricity to residential, commercial, industrial and governmental customers. Entergy also operates natural gas distribution businesses in parts of its service territory and provides related energy services.

Entergy serves customers across Arkansas, Louisiana, Mississippi and portions of Texas, including the greater New Orleans area.

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