Massachusetts Financial Services Co. MA Purchases 341,980 Shares of Entergy Corporation $ETR

Key Points

• Massachusetts Financial Services Co. MA boosted its stake in Entergy by 61.5% in Q4, buying 341,980 shares to hold 898,316 shares (about 0.20% of the company) worth $83.03 million, while institutional investors own roughly 88.07% of the stock.
• Entergy EVP John C. Dinelli sold 5,372 shares at an average price of $103.95 for about $558,419, cutting his holding by 18.54% to 23,609 shares; insiders collectively own ~0.21% of the company.
• Entergy declared a quarterly dividend of $0.64 per share (annualized $2.56, ~2.2% yield) payable June 1 and set FY2026 EPS guidance of 4.250–4.450 after a quarter that missed consensus EPS ($0.51 vs. $0.52) and slightly missed revenue expectations.

Massachusetts Financial Services Co. MA lifted its position in Entergy Corporation (NYSE:ETR - Free Report) by 61.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 898,316 shares of the utilities provider's stock after acquiring an additional 341,980 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.20% of Entergy worth $83,031,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in ETR. Capital A Wealth Management LLC grew its position in shares of Entergy by 5,466.7% in the 2nd quarter. Capital A Wealth Management LLC now owns 334 shares of the utilities provider's stock worth $28,000 after acquiring an additional 328 shares in the last quarter. Physician Wealth Advisors Inc. grew its position in shares of Entergy by 56.9% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider's stock worth $30,000 after acquiring an additional 115 shares in the last quarter. Hantz Financial Services Inc. grew its position in shares of Entergy by 150.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider's stock worth $30,000 after acquiring an additional 194 shares in the last quarter. JFS Wealth Advisors LLC grew its position in shares of Entergy by 46.1% in the 3rd quarter. JFS Wealth Advisors LLC now owns 412 shares of the utilities provider's stock worth $38,000 after acquiring an additional 130 shares in the last quarter. Finally, Ameritas Advisory Services LLC raised its stake in Entergy by 44.4% during the third quarter. Ameritas Advisory Services LLC now owns 416 shares of the utilities provider's stock worth $39,000 after acquiring an additional 128 shares during the period. 88.07% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP John C. Dinelli sold 5,372 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $103.95, for a total transaction of $558,419.40. Following the completion of the transaction, the executive vice president directly owned 23,609 shares of the company's stock, valued at approximately $2,454,155.55. This 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 accessible through this link. Insiders own 0.21% of the company's stock.

Entergy Price Performance

Shares of Entergy stock opened at $115.31 on Tuesday. The company has a fifty day moving average of $105.88 and a 200-day moving average of $98.63. Entergy Corporation has a 52-week low of $79.40 and a 52-week high of $117.81. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.74. The stock has a market capitalization of $52.79 billion, a price-to-earnings ratio of 29.49, a price-to-earnings-growth ratio of 2.30 and a beta of 0.57.

Entergy (NYSE:ETR - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). Entergy had a net margin of 13.66% and a return on equity of 10.89%. The company had revenue of $2.96 billion for the quarter, compared to analysts' expectations of $2.99 billion. During the same period in the previous year, the firm posted $0.66 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Equities research analysts expect that Entergy Corporation will post 3.88 EPS for the current year.

Entergy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 1st will be paid a dividend of $0.64 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a $2.56 dividend on an annualized basis and a yield of 2.2%. Entergy's dividend payout ratio is presently 65.47%.

Analyst Ratings Changes

A number of research firms have weighed in on ETR. Barclays boosted their target price on shares of Entergy from $96.00 to $118.00 and gave the stock an "overweight" rating in a research report on Monday, March 30th. Mizuho boosted their target price on shares of Entergy from $112.00 to $120.00 and gave the stock an "outperform" rating in a research report on Monday, March 30th. Morgan Stanley set a $98.00 target price on shares of Entergy in a research report on Friday, February 20th. Wells Fargo & Company boosted their target price on shares of Entergy from $105.00 to $119.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 20th. Finally, Argus boosted their target price on shares of Entergy from $100.00 to $118.00 and gave the stock a "buy" rating in a research report on Monday, April 6th. One investment 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $110.67.

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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