VIRGINIA RETIREMENT SYSTEMS ET Al Invests $2.84 Million in Entergy Corporation $ETR

Key Points

• Virginia Retirement Systems acquired 24,756 Entergy shares worth approximately $2.84 million during the second quarter. Institutional investors collectively own 88.07% of the utility’s stock.
• Entergy exceeded quarterly expectations, reporting $1.03 in earnings per share versus the $1.01 consensus estimate and revenue of $3.52 billion. The company maintained fiscal 2026 EPS guidance of $4.25–$4.45.
• Entergy pays a quarterly dividend of $0.64, equivalent to $2.56 annually and a 2.4% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $120.84.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Entergy Corporation (NYSE:ETR - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 24,756 shares of the utilities provider's stock, valued at approximately $2,843,000.

Several other large investors also recently added to or reduced their stakes in ETR. Callan Family Office LLC purchased a new position in Entergy during the second quarter valued at $3,250,000. Illinois Municipal Retirement Fund increased its position in Entergy by 18.3% in the first quarter. Illinois Municipal Retirement Fund now owns 180,358 shares of the utilities provider's stock worth $20,265,000 after buying an additional 27,868 shares in the last quarter. World Investment Advisors raised its stake in shares of Entergy by 170.6% in the fourth quarter. World Investment Advisors now owns 60,579 shares of the utilities provider's stock worth $5,303,000 after buying an additional 38,195 shares during the period. Vestcor Inc raised its stake in shares of Entergy by 36.6% in the fourth quarter. Vestcor Inc now owns 78,692 shares of the utilities provider's stock worth $7,274,000 after buying an additional 21,100 shares during the period. Finally, Swiss National Bank lifted its position in shares of Entergy by 7.1% during the 1st quarter. Swiss National Bank now owns 1,310,700 shares of the utilities provider's stock valued at $147,270,000 after buying an additional 87,300 shares in the last quarter. 88.07% of the stock is currently owned by institutional investors.

Entergy Stock Performance

NYSE:ETR opened at $105.87 on Friday. 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 $87.38 and a 12-month high of $118.44. The stock has a 50-day moving average price of $109.71 and a 200 day moving average price of $110.24. The stock has a market capitalization of $49.40 billion, a P/E ratio of 27.15, a P/E/G ratio of 2.40 and a beta of 0.49.

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

Entergy Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on ETR shares. Barclays reduced their target price on shares of Entergy from $124.00 to $119.00 and set an "overweight" rating for the company in a report on Wednesday, June 3rd. Scotiabank reaffirmed a "sector outperform" rating on shares of Entergy in a report on Wednesday, June 10th. Weiss Ratings lowered shares of Entergy from a "buy (b+)" rating to a "buy (b)" rating in a research report on Thursday, August 20th. BTIG Research reissued a "buy" rating and issued a $126.00 price objective on shares of Entergy in a research note on Wednesday, June 10th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Entergy from $129.00 to $139.00 and gave the stock an "overweight" rating in a research note on Thursday, July 16th. Seventeen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Entergy presently has a consensus rating of "Moderate Buy" and a consensus target price of $120.84.

Insider Activity at Entergy

In related news, Director Ralph Lewis Ropp bought 1,000 shares of the company's stock in a transaction that occurred on Thursday, August 6th. The stock was purchased at an average price of $106.08 per share, for a total transaction of $106,080.00. Following the completion of 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 legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.21% of the company's stock.

About Entergy

Entergy Corporation is an integrated energy company headquartered in New Orleans, Louisiana. Through its regulated utility subsidiaries, the company generates, transmits, distributes and sells electricity to residential, commercial, industrial and governmental customers. Entergy also operates natural gas distribution businesses in parts of its service territory and provides related energy services.

Entergy serves customers across Arkansas, Louisiana, Mississippi and portions of Texas, including the greater New Orleans area.

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