Aurora Investment Counsel Buys New Holdings in Entergy Corporation $ETR

Aurora Investment Counsel bought a new position in Entergy Corporation (NYSE:ETR) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 33,476 shares of the utilities provider’s stock, valued at approximately $3,120,000. Entergy accounts for 1.6% of Aurora Investment Counsel’s investment portfolio, making the stock its biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of ETR. Physician Wealth Advisors Inc. boosted its position in shares of Entergy by 56.9% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 115 shares in the last quarter. Hantz Financial Services Inc. grew its stake in shares of Entergy by 150.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 194 shares during the period. Capital A Wealth Management LLC raised its holdings in shares of Entergy by 5,466.7% in the 2nd quarter. Capital A Wealth Management LLC now owns 334 shares of the utilities provider’s stock worth $28,000 after buying an additional 328 shares in the last quarter. GoalVest Advisory LLC lifted its position in shares of Entergy by 5,733.3% during the 2nd quarter. GoalVest Advisory LLC now owns 350 shares of the utilities provider’s stock worth $29,000 after buying an additional 344 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new stake in Entergy in the second quarter valued at $30,000. Institutional investors own 88.07% of the company’s stock.

Entergy Trading Up 0.7%

Shares of NYSE ETR opened at $104.01 on Friday. Entergy Corporation has a 1-year low of $75.57 and a 1-year high of $106.71. The company has a 50-day moving average of $95.78 and a two-hundred day moving average of $93.87. The company has a market cap of $46.45 billion, a PE ratio of 26.60, a P/E/G ratio of 2.06 and a beta of 0.65. The company has a current ratio of 0.71, a quick ratio of 0.48 and a debt-to-equity ratio of 1.62.

Entergy (NYSE:ETR) last issued its quarterly 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). Entergy had a net margin of 13.66% and a return on equity of 11.04%. The company had revenue of $2.96 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the business earned $0.66 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities analysts expect that Entergy Corporation will post 3.88 earnings per share for the current fiscal year.

Entergy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Monday, February 9th will be paid a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, February 9th. Entergy’s dividend payout ratio is 65.47%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. KeyCorp set a $102.00 price objective on Entergy and gave the stock an “overweight” rating in a research note on Friday, December 12th. Siebert Williams Shank assumed coverage on shares of Entergy in a research report on Tuesday, January 20th. They set a “buy” rating and a $109.00 target price for the company. Evercore boosted their price target on shares of Entergy from $98.00 to $101.00 and gave the company an “in-line” rating in a research report on Thursday, October 30th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $112.00 price objective on shares of Entergy in a research note on Friday, January 23rd. Finally, Wall Street Zen cut shares of Entergy from a “hold” rating to a “sell” rating in a research note on Sunday. One 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $106.11.

Entergy Company 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.