Entergy Corporation $ETR Shares Bought by Truist Financial Corp

Key Points

• Truist Financial boosted its stake in Entergy by 9.0% in Q4, owning 2,439,479 shares (about 0.55% of the company) valued at roughly $225.5 million after buying 200,783 additional shares.
• Q1 results beat expectations—Entergy reported $0.86 EPS (vs. $0.84 consensus) and $3.19B revenue—and reaffirmed FY2026 guidance of 4.250–4.450 EPS, in line with analyst forecasts around 4.4 EPS.
• Entergy declared a quarterly dividend of $0.64 ($2.56 annualized, ~2.2% yield) with an ex-dividend date and record date of May 1 and a payment date of June 1.

Truist Financial Corp raised its holdings in Entergy Corporation (NYSE:ETR - Free Report) by 9.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,439,479 shares of the utilities provider's stock after purchasing an additional 200,783 shares during the period. Truist Financial Corp owned about 0.55% of Entergy worth $225,481,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in ETR. Brighton Jones LLC raised its position in shares of Entergy by 275.6% in the 4th quarter. Brighton Jones LLC now owns 9,176 shares of the utilities provider's stock valued at $696,000 after purchasing an additional 6,733 shares in the last quarter. Woodline Partners LP raised its position in shares of Entergy by 40.7% in the 1st quarter. Woodline Partners LP now owns 36,228 shares of the utilities provider's stock valued at $3,097,000 after purchasing an additional 10,476 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of Entergy in the 2nd quarter valued at approximately $6,869,000. Brown Advisory Inc. raised its position in shares of Entergy by 4.8% in the 2nd quarter. Brown Advisory Inc. now owns 4,254 shares of the utilities provider's stock valued at $354,000 after purchasing an additional 193 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Entergy in the 2nd quarter valued at approximately $17,225,000. 88.07% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Entergy news, EVP John C. Dinelli sold 5,372 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $103.95, for a total value 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. This trade represents a 18.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.21% of the stock is owned by corporate insiders.

Entergy Stock Performance

ETR stock opened at $116.75 on Monday. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 1.80. The firm has a market cap of $53.45 billion, a P/E ratio of 29.78, a P/E/G ratio of 2.30 and a beta of 0.54. Entergy Corporation has a 12-month low of $79.40 and a 12-month high of $118.45. The stock's 50 day simple moving average is $109.38 and its 200 day simple moving average is $100.39.

Entergy (NYSE:ETR - Get Free Report) last issued its earnings results on Wednesday, April 29th. The utilities provider reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.02. Entergy had a return on equity of 10.75% and a net margin of 13.48%.The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $2.89 billion. During the same period last year, the company earned $0.82 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities research analysts predict that Entergy Corporation will post 4.4 EPS for the current year.

Entergy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 1st will be given a $0.64 dividend. The ex-dividend date of this dividend is Friday, May 1st. This represents a $2.56 annualized dividend and a yield of 2.2%. Entergy's dividend payout ratio (DPR) is currently 65.31%.

Trending Headlines about Entergy

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Q1 results beat and guidance reaffirmed — Entergy reported adjusted EPS above expectations and reaffirmed its FY26 guidance, highlighting solid utility fundamentals and steady cash generation. This supports dividend visibility and earnings growth expectations. Article Title Earnings Call Highlights
• Positive Sentiment: Analyst upgrades and higher price targets — Wells Fargo raised its target to $128 (overweight) and Barclays lifted its target to $124 (overweight), signaling increased analyst confidence and providing upside supporters for the stock. Wells Fargo Upgrade Barclays Upgrade
• Neutral Sentiment: Meta data‑center deal and expanded US$40B capital plan — Entergy’s agreement to support Meta data centers plus a much larger capital plan point to sizable long‑term load growth and infrastructure spending, which could materially lift regulated revenue over time but require significant financing and execution. Investors are parsing growth prospects vs. funding/constructability risk. Article Title
• Neutral Sentiment: Analyst commentary roundup — Market write‑ups (e.g., Globe and Mail analysts piece) provide mixed takes on Entergy’s regulated earnings mix, capex profile and infrastructure exposure; useful for calibrating expectations but not a clear directional catalyst. Article Title

Wall Street Analyst Weigh In

ETR has been the topic of several research reports. Royal Bank Of Canada reissued an "outperform" rating and set a $112.00 price target on shares of Entergy in a research report on Friday, January 23rd. Citigroup upped their price target on Entergy from $106.00 to $116.00 and gave the company a "neutral" rating in a research report on Wednesday, March 18th. Wells Fargo & Company upped their price target on Entergy from $123.00 to $128.00 and gave the company an "overweight" rating in a research report on Thursday. Seaport Research Partners lowered Entergy from a "buy" rating to a "neutral" rating in a research report on Monday, April 20th. Finally, BMO Capital Markets upped their price target on Entergy from $118.00 to $127.00 and gave the company an "outperform" rating in a research report on Monday, April 13th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $117.11.

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.

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.