Magnolia Capital Advisors LLC Buys New Position in Entergy Corporation $ETR

Key Points

• Magnolia Capital Advisors initiated a position in Entergy during the second quarter, buying 17,684 shares valued at approximately $2.03 million. Institutional investors collectively own 88.07% of the company.
• Entergy reported quarterly earnings of $1.03 per share and revenue of $3.52 billion, exceeding analyst expectations. The company’s fiscal 2026 EPS guidance is $4.25–$4.45.
• Entergy declared a quarterly dividend of $0.64 per share, equivalent to an annualized $2.56 dividend and a 2.4% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $120.84.

Magnolia Capital Advisors LLC purchased a new position in Entergy Corporation (NYSE:ETR - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 17,684 shares of the utilities provider's stock, valued at approximately $2,031,000.

Several other large investors have also added to or reduced their stakes in ETR. Brighton Jones LLC increased its position in Entergy by 275.6% during 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 during the period. Woodline Partners LP lifted 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 worth $3,097,000 after purchasing an additional 10,476 shares during the period. Marshall Wace LLP purchased a new stake in shares of Entergy in the 2nd quarter worth about $6,869,000. Brown Advisory Inc. boosted its stake in shares of Entergy by 4.8% during 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 bought a new stake in shares of Entergy during the 2nd quarter valued at about $17,225,000. Institutional investors own 88.07% of the company's stock.

Entergy Trading Up 1.0%

Shares of NYSE ETR opened at $107.26 on Thursday. Entergy Corporation has a 1 year low of $86.40 and a 1 year high of $118.44. The stock has a market cap of $50.05 billion, a P/E ratio of 27.50, a price-to-earnings-growth ratio of 1.81 and a beta of 0.50. The firm has a 50-day moving average of $111.25 and a 200 day moving average of $109.86. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.91 and a quick ratio of 0.70.

Entergy (NYSE:ETR - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.03 EPS for the quarter, topping the consensus estimate of $1.01 by $0.02. The business had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.49 billion. Entergy had a net margin of 13.40% and a return on equity of 10.53%. During the same quarter in the previous year, the firm posted $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, sell-side analysts expect that Entergy Corporation will post 4.4 EPS for the current fiscal year.

Entergy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Thursday, August 13th will be given a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, August 13th. Entergy's payout ratio is currently 65.64%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ETR shares. BMO Capital Markets increased their price target on shares of Entergy from $123.00 to $124.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 22nd. Morgan Stanley set a $105.00 price objective on Entergy and gave the company an "equal weight" rating in a research report on Friday, August 21st. Mizuho set a $122.00 target price on Entergy and gave the stock an "outperform" rating in a report on Wednesday, June 10th. Evercore reissued an "outperform" rating and issued a $128.00 target price on shares of Entergy in a research report on Monday, August 17th. Finally, Truist Financial set a $122.00 target price on Entergy and gave the stock a "buy" rating in a research report on Thursday, August 13th. Seventeen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Entergy currently has an average rating of "Moderate Buy" and an average price target of $120.84.

Insider Activity at Entergy

In related news, Director Ralph Lewis Ropp acquired 1,000 shares of the stock in a transaction on Thursday, August 6th. The stock was acquired at an average price of $106.08 per share, for a total transaction of $106,080.00. Following the completion of the purchase, the director owned 3,423 shares of the company's stock, valued at $363,111.84. This represents a 41.27% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Haley Fisackerly sold 10,638 shares of the business's stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $110.00, for a total value of $1,170,180.00. Following the completion of the sale, the insider directly owned 14,182 shares in the company, valued at $1,560,020. This trade represents a 42.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.21% of the company's stock.

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.

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