Dimensional Fund Advisors LP Grows Stake in Entergy Corporation $ETR

Dimensional Fund Advisors LP grew its holdings in shares of Entergy Corporation (NYSE:ETR) by 2.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,830,063 shares of the utilities provider’s stock after buying an additional 47,064 shares during the period. Dimensional Fund Advisors LP owned 0.41% of Entergy worth $170,549,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. New York State Teachers Retirement System raised its holdings in Entergy by 5.4% in the third quarter. New York State Teachers Retirement System now owns 433,613 shares of the utilities provider’s stock worth $40,408,000 after purchasing an additional 22,148 shares in the last quarter. New York State Common Retirement Fund grew its position 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 worth $17,211,000 after buying an additional 7,000 shares during the period. TD Waterhouse Canada Inc. grew its position 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 worth $2,335,000 after buying an additional 13,841 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Entergy by 13.9% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 59,279 shares of the utilities provider’s stock worth $5,524,000 after acquiring an additional 7,212 shares in the last quarter. Finally, World Investment Advisors lifted its position in Entergy by 269.9% during the 3rd quarter. World Investment Advisors now owns 22,384 shares of the utilities provider’s stock valued at $2,086,000 after acquiring an additional 16,332 shares during the period. Institutional investors own 88.07% of the company’s stock.

Entergy Trading Down 0.0%

Shares of NYSE:ETR opened at $104.68 on Tuesday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.74 and a quick ratio of 0.51. Entergy Corporation has a 1 year low of $75.57 and a 1 year high of $107.93. The company has a market cap of $47.42 billion, a P/E ratio of 26.77, a PEG ratio of 2.07 and a beta of 0.64. The stock’s fifty day moving average price is $98.68 and its 200-day moving average price is $95.12.

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

Entergy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Monday, February 9th were paid a dividend of $0.64 per share. The ex-dividend date was Monday, February 9th. This represents a $2.56 dividend on an annualized basis and a yield of 2.4%. Entergy’s payout ratio is currently 65.47%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Barclays set a $96.00 price objective on shares of Entergy and gave the stock an “overweight” rating in a research note on Thursday, January 15th. JPMorgan Chase & Co. lowered their price objective on Entergy from $113.00 to $108.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Royal Bank Of Canada reissued an “outperform” rating and issued a $112.00 target price on shares of Entergy in a report on Friday, January 23rd. Citigroup raised their price target on Entergy from $91.00 to $106.00 and gave the company a “neutral” rating in a report on Tuesday, November 18th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Entergy in a research report on Thursday, January 22nd. One equities research 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. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $106.61.

Insider Buying and Selling at Entergy

In other news, EVP John C. Dinelli sold 5,372 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $103.95, for a total value of $558,419.40. Following the transaction, the executive vice president directly owned 23,609 shares in the company, valued at $2,454,155.55. This trade represents a 18.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.47% of the stock is owned by insiders.

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.