Mitsubishi UFJ Asset Management Co. Ltd. Purchases 38,742 Shares of Entergy Corporation $ETR

Key Points

• Mitsubishi UFJ Asset Management increased its stake in Entergy by 4.4%, purchasing 38,742 shares to hold 928,984 shares (about 0.21%) valued at roughly $87.19 million.
• Entergy beat quarterly EPS estimates ($0.86 vs. $0.84) and set FY2026 guidance of $4.25–$4.45 EPS, roughly in line with analysts' ~4.4 EPS expectation.
• The company declared a quarterly dividend of $0.64 per share (annualized $2.56, yield 2.3%), with an ex-dividend date of May 1 and payment on June 1.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Entergy Corporation (NYSE:ETR - Free Report) by 4.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 928,984 shares of the utilities provider's stock after acquiring an additional 38,742 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.21% of Entergy worth $87,194,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. New York State Teachers Retirement System boosted its stake in shares of Entergy by 5.4% in the 3rd quarter. New York State Teachers Retirement System now owns 433,613 shares of the utilities provider's stock valued at $40,408,000 after purchasing an additional 22,148 shares in the last quarter. New York State Common Retirement Fund boosted its stake in shares of Entergy by 3.9% in the 3rd quarter. New York State Common Retirement Fund now owns 184,690 shares of the utilities provider's stock valued at $17,211,000 after purchasing an additional 7,000 shares in the last quarter. Nordea Investment Management AB boosted its stake in shares of Entergy by 66.0% in the 4th quarter. Nordea Investment Management AB now owns 800,258 shares of the utilities provider's stock valued at $74,512,000 after purchasing an additional 318,221 shares in the last quarter. TD Waterhouse Canada Inc. boosted its stake in shares of Entergy by 124.6% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 24,949 shares of the utilities provider's stock valued at $2,335,000 after purchasing an additional 13,841 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Entergy by 13.9% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 59,279 shares of the utilities provider's stock valued at $5,524,000 after buying an additional 7,212 shares during the last quarter. Institutional investors and hedge funds own 88.07% of the company's stock.

Insider Transactions at Entergy

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 sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.21% of the company's stock.

Entergy Stock Performance

Shares of ETR stock opened at $111.92 on Friday. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.96 and a quick ratio of 0.73. The stock has a market cap of $51.25 billion, a PE ratio of 28.55, a price-to-earnings-growth ratio of 2.23 and a beta of 0.54. The stock has a 50-day moving average of $109.94 and a 200-day moving average of $100.76. Entergy Corporation has a one year low of $79.40 and a one year high of $118.44.

Entergy (NYSE:ETR - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.02. The company had revenue of $3.19 billion during the quarter, compared to analysts' expectations of $2.89 billion. Entergy had a return on equity of 10.75% and a net margin of 13.48%.During the same period in the prior year, the business posted $0.82 EPS. 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 earnings per share for the current year.

Entergy Announces Dividend

The firm also recently announced 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. This represents a $2.56 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, May 1st. Entergy's dividend payout ratio is presently 65.31%.

Analyst Ratings Changes

A number of research analysts recently issued reports on ETR shares. BMO Capital Markets lifted their price target on Entergy from $118.00 to $127.00 and gave the company an "outperform" rating in a report on Monday, April 13th. Seaport Research Partners cut Entergy from a "buy" rating to a "neutral" rating in a report on Monday, April 20th. UBS Group reaffirmed a "buy" rating and issued a $135.00 price target (up from $131.00) on shares of Entergy in a report on Thursday, April 30th. Evercore set a $115.00 price target on Entergy in a report on Monday. Finally, Wells Fargo & Company lifted their price target on Entergy from $123.00 to $128.00 and gave the company an "overweight" rating in a report on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Entergy has an average rating of "Moderate Buy" and an average target price of $118.11.

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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