Entergy Corporation $ETR Shares Sold by Viking Fund Management LLC

Key Points

• Viking Fund Management trimmed its position in Entergy by 4.5%, selling 10,000 shares to hold 210,000 shares worth $19.41 million, making Entergy its 7th largest holding (2.2% of the fund).
• EVP John C. Dinelli sold 5,372 shares at an average $103.95 for about $558,419, an 18.54% reduction in his personal stake; company insiders now own 0.47% of the stock.
• Entergy slightly missed quarterly EPS (reported $0.51 vs. $0.52 expected), set FY2026 guidance of $4.25–$4.45, and pays a quarterly dividend of $0.64 (annualized yield ~2.5%) with a consensus rating of "Moderate Buy" and $107.17 price target.

Viking Fund Management LLC lowered its position in Entergy Corporation (NYSE:ETR - Free Report) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 210,000 shares of the utilities provider's stock after selling 10,000 shares during the period. Entergy accounts for 2.2% of Viking Fund Management LLC's portfolio, making the stock its 7th largest holding. Viking Fund Management LLC's holdings in Entergy were worth $19,410,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital A Wealth Management LLC increased its holdings in 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. boosted its stake in Entergy by 56.9% in 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. grew its holdings in shares of Entergy by 150.4% during the third quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider's stock worth $30,000 after purchasing an additional 194 shares during the last quarter. JFS Wealth Advisors LLC grew its holdings in shares of Entergy by 46.1% during the third quarter. JFS Wealth Advisors LLC now owns 412 shares of the utilities provider's stock worth $38,000 after purchasing an additional 130 shares during the last quarter. Finally, Ameritas Advisory Services LLC increased its stake in shares of Entergy by 44.4% in the third quarter. Ameritas Advisory Services LLC now owns 416 shares of the utilities provider's stock valued at $39,000 after buying an additional 128 shares in the last quarter. 88.07% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Entergy

In other news, EVP John C. Dinelli sold 5,372 shares of the firm's 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 transaction, the executive vice president directly owned 23,609 shares in the company, valued at $2,454,155.55. This trade represents a 18.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.47% of the stock is currently owned by company insiders.

Entergy Stock Performance

Entergy stock opened at $102.40 on Wednesday. The company has a market cap of $46.39 billion, a PE ratio of 26.19, a PEG ratio of 2.00 and a beta of 0.64. The company has a current ratio of 0.74, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65. Entergy Corporation has a 1 year low of $75.57 and a 1 year high of $107.93. The company's 50-day moving average is $101.10 and its two-hundred day moving average is $96.32.

Entergy (NYSE:ETR - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The utilities provider reported $0.51 EPS 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 business had revenue of $2.96 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same quarter in the prior year, the firm earned $0.66 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Equities analysts anticipate that Entergy Corporation will post 3.88 earnings per share for the current year.

Entergy Dividend Announcement

The firm also recently announced 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. The ex-dividend date was Monday, February 9th. This represents a $2.56 annualized dividend and a dividend yield of 2.5%. Entergy's payout ratio is presently 65.47%.

Analyst Ratings Changes

Several research analysts recently issued reports on ETR shares. JPMorgan Chase & Co. reduced their price target on shares of Entergy from $113.00 to $108.00 and set an "overweight" rating on the stock in a research report on Thursday, December 11th. UBS Group reaffirmed a "buy" rating and issued a $105.00 target price (up from $96.00) on shares of Entergy in a research note on Wednesday, December 17th. KeyCorp upped their target price on shares of Entergy from $102.00 to $111.00 and gave the stock an "overweight" rating in a research report on Wednesday, March 4th. TD Cowen started coverage on shares of Entergy in a research note on Friday, January 9th. They set a "buy" rating and a $108.00 price target on the stock. Finally, Siebert Williams Shank assumed coverage on shares of Entergy in a research report on Tuesday, January 20th. They issued a "buy" rating and a $109.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target 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.

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