Roberts Glore & Co. Inc. IL Invests $2.09 Million in Entergy Corporation $ETR

Key Points

• Roberts Glore & Co. initiated a $2.09 million position in Entergy during the second quarter by purchasing 18,220 shares. Institutional investors collectively own 88.07% of the utility company.
• Entergy reported quarterly EPS of $1.03, exceeding analyst expectations of $1.01, on revenue of $3.52 billion. The company provided fiscal 2026 EPS guidance of $4.25 to $4.45.
• Entergy declared a quarterly dividend of $0.64 per share, equivalent to $2.56 annually and a 2.4% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $120.84.

Roberts Glore & Co. Inc. IL bought a new position in shares of Entergy Corporation (NYSE:ETR - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 18,220 shares of the utilities provider's stock, valued at approximately $2,093,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Jupiter Topco LLC acquired a new stake in Entergy during the 2nd quarter worth about $59,596,000. Hsbc Holdings PLC raised its position in shares of Entergy by 3.4% in the 2nd quarter. Hsbc Holdings PLC now owns 1,065,794 shares of the utilities provider's stock worth $122,681,000 after acquiring an additional 35,503 shares in the last quarter. EFG International AG acquired a new position in shares of Entergy in the 2nd quarter valued at about $45,000. Delos Wealth Advisors LLC acquired a new position in shares of Entergy in the 2nd quarter valued at about $36,000. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Entergy during the 2nd quarter valued at about $27,739,000. Institutional investors and hedge funds own 88.07% of the company's stock.

Insider Transactions at Entergy

In other Entergy news, Director Ralph Lewis Ropp purchased 1,000 shares of the company's stock in a transaction that occurred on Thursday, August 6th. The shares were acquired at an average price of $106.08 per share, with a total value of $106,080.00. Following the transaction, the director owned 3,423 shares in the company, valued at $363,111.84. The trade was a 41.27% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Haley Fisackerly sold 10,638 shares of Entergy stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total value of $1,170,180.00. Following the transaction, the insider owned 14,182 shares of the company's stock, valued at $1,560,020. This trade represents a 42.86% decrease in their position. 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. 0.21% of the stock is owned by company insiders.

Entergy Price Performance

Shares of NYSE:ETR opened at $106.28 on Wednesday. Entergy Corporation has a twelve month low of $86.40 and a twelve month high of $118.44. The stock's 50 day moving average is $111.32 and its 200-day moving average is $109.79. The company has a quick ratio of 0.70, a current ratio of 0.91 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $49.59 billion, a price-to-earnings ratio of 27.25, a PEG ratio of 1.81 and a beta of 0.50.

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

Entergy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Thursday, August 13th will be issued 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 is Thursday, August 13th. Entergy's dividend payout ratio (DPR) is currently 65.64%.

Analysts Set New Price Targets

Several equities research analysts recently commented on ETR shares. Jefferies Financial Group reaffirmed a "buy" rating on shares of Entergy in a research note on Wednesday, June 10th. Evercore restated an "outperform" rating and set a $128.00 price target on shares of Entergy in a report on Monday, August 17th. Weiss Ratings downgraded shares of Entergy from a "buy (b+)" rating to a "buy (b)" rating in a research report on Thursday, August 20th. Wells Fargo & Company boosted their target price on shares of Entergy from $123.00 to $128.00 and gave the company an "overweight" rating in a research report on Thursday, April 30th. Finally, Wall Street Zen lowered shares of Entergy from a "hold" rating to a "sell" rating in a research note on Sunday, August 9th. Seventeen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $120.84.

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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