IFP Advisors Inc Sells 9,869 Shares of Entergy Corporation $ETR

Key Points

• IFP Advisors cut its Entergy stake by 29% in the second quarter, selling 9,869 shares and retaining 24,127 shares valued at approximately $2.77 million. Institutional investors and hedge funds own 88.07% of Entergy.
• Entergy reported quarterly EPS of $1.03, exceeding analyst expectations of $1.01, while revenue reached $3.52 billion. The company maintains full-year 2026 EPS guidance of $4.25–$4.45.
• Entergy pays a quarterly dividend of $0.64 per share, equivalent to an annualized $2.56 dividend and a 2.4% yield. Analysts hold a consensus “Moderate Buy” rating with an average price target of $120.84.

IFP Advisors Inc reduced its position in shares of Entergy Corporation (NYSE:ETR - Free Report) by 29.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,127 shares of the utilities provider's stock after selling 9,869 shares during the quarter. IFP Advisors Inc's holdings in Entergy were worth $2,771,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Union Savings Bank acquired a new position in Entergy in the fourth quarter valued at about $28,000. Bell Investment Advisors Inc bought a new stake in shares of Entergy in the 2nd quarter valued at about $28,000. Fairway Wealth LLC acquired a new stake in shares of Entergy in the 1st quarter valued at approximately $30,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Entergy in the 1st quarter valued at approximately $30,000. Finally, Pingora Partners LLC bought a new position in Entergy during the 2nd quarter worth approximately $30,000. 88.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Entergy

In other news, insider Laura Landreaux sold 5,600 shares of the company's stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $106.20, for a total transaction of $594,720.00. Following the completion of the sale, the insider directly owned 22,589 shares in the company, valued at approximately $2,398,951.80. This represents a 19.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Ralph Lewis Ropp acquired 1,000 shares of the business's stock in a transaction that occurred on Thursday, August 6th. The shares were purchased at an average cost of $106.08 per share, with a total value of $106,080.00. Following the transaction, the director directly 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. 0.21% of the stock is currently owned by company insiders.

Entergy Trading Down 0.4%

NYSE ETR opened at $105.34 on Friday. Entergy Corporation has a 12 month low of $87.38 and a 12 month high of $118.44. The company has a current ratio of 0.91, a quick ratio of 0.70 and a debt-to-equity ratio of 1.73. The stock has a 50 day moving average of $109.52 and a 200-day moving average of $110.21. The company has a market cap of $49.16 billion, a PE ratio of 27.01, a PEG ratio of 2.37 and a beta of 0.49.

Entergy (NYSE:ETR - Get Free Report) last issued its earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.02. Entergy had a net margin of 13.40% and a return on equity of 10.53%. The company had revenue of $3.52 billion for the quarter, compared to analysts' expectations of $3.49 billion. During the same period in the prior year, the firm earned $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, equities research analysts anticipate that Entergy Corporation will post 4.39 EPS for the current fiscal year.

Entergy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Thursday, August 13th were given 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 was Thursday, August 13th. Entergy's dividend payout ratio is presently 65.64%.

Analyst Ratings Changes

ETR has been the subject of several recent analyst reports. Morgan Stanley set a $105.00 target price on shares of Entergy and gave the company an "equal weight" rating in a research note on Friday, August 21st. Barclays reduced their price target on shares of Entergy from $124.00 to $119.00 and set an "overweight" rating on the stock in a research report on Wednesday, June 3rd. Wall Street Zen cut shares of Entergy from a "hold" rating to a "sell" rating in a research report on Sunday, August 9th. Truist Financial set a $122.00 price objective on shares of Entergy and gave the company a "buy" rating in a research report on Thursday, August 13th. Finally, Mizuho set a $122.00 price objective on Entergy and gave the stock an "outperform" rating in a research note on Wednesday, June 10th. Seventeen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $120.84.

Entergy 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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