Nykredit A S Acquires New Position in Entergy Corporation $ETR

Key Points

• Nykredit A/S acquired 192,097 Entergy shares in the second quarter, valued at approximately $22.1 million. Institutional investors collectively own 88.07% of the utility company.
• Entergy reported quarterly EPS of $1.03, exceeding analyst expectations of $1.01, while revenue reached $3.52 billion. The company reaffirmed fiscal 2026 EPS guidance of $4.25–$4.45.
• Entergy pays a quarterly dividend of $0.64 per share, or $2.56 annually, representing a 2.4% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $120.84.

Nykredit A S bought a new position in Entergy Corporation (NYSE:ETR - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 192,097 shares of the utilities provider's stock, valued at approximately $22,064,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Washington Trust Advisors Inc. boosted its stake in shares of Entergy by 119.4% in the 4th quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider's stock valued at $26,000 after purchasing an additional 154 shares in the last quarter. Union Savings Bank purchased a new position in Entergy in the 4th quarter worth $28,000. Bell Investment Advisors Inc bought a new stake in Entergy in the second quarter worth $28,000. Fairway Wealth LLC bought a new stake in Entergy in the first quarter worth $30,000. Finally, Dynamic Wealth Strategies LLC purchased a new stake in Entergy during the first quarter valued at about $30,000. 88.07% of the stock is currently owned by institutional investors.

Entergy Stock Performance

Shares of ETR stock opened at $107.72 on Friday. The company's fifty day moving average price is $110.49 and its 200-day moving average price is $110.12. The stock has a market cap of $50.27 billion, a PE ratio of 27.62, a price-to-earnings-growth ratio of 2.39 and a beta of 0.49. The company has a current ratio of 0.91, a quick ratio of 0.70 and a debt-to-equity ratio of 1.73. Entergy Corporation has a 12 month low of $86.40 and a 12 month high of $118.44.

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. On average, equities analysts expect that Entergy Corporation will post 4.4 EPS for the current fiscal year.

Entergy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Thursday, August 13th were paid a dividend of $0.64 per share. The ex-dividend date was Thursday, August 13th. This represents a $2.56 dividend on an annualized basis and a yield of 2.4%. Entergy's payout ratio is presently 65.64%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Wall Street Zen downgraded Entergy from a "hold" rating to a "sell" rating in a report on Sunday, August 9th. Evercore reaffirmed an "outperform" rating and issued a $128.00 price target on shares of Entergy in a research note on Monday, August 17th. Barclays cut their target price on shares of Entergy from $124.00 to $119.00 and set an "overweight" rating on the stock in a report on Wednesday, June 3rd. Weiss Ratings lowered shares of Entergy from a "buy (b+)" rating to a "buy (b)" rating in a report on Thursday, August 20th. Finally, 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. Seventeen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Entergy has an average rating of "Moderate Buy" and a consensus target price of $120.84.

Insider Buying and Selling

In related news, Director Ralph Lewis Ropp bought 1,000 shares of the business's stock in a transaction dated 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 completion of the purchase, the director owned 3,423 shares in the company, valued at approximately $363,111.84. The trade was a 41.27% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company 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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