Mather Group LLC. Decreases Position in Entergy Corporation $ETR

Mather Group LLC. cut its holdings in Entergy Corporation (NYSE:ETR) by 67.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,042 shares of the utilities provider’s stock after selling 8,554 shares during the period. Mather Group LLC.’s holdings in Entergy were worth $374,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fort Washington Investment Advisors Inc. OH boosted its holdings in Entergy by 3.0% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 544,323 shares of the utilities provider’s stock valued at $50,312,000 after acquiring an additional 15,920 shares during the period. Ferguson Wellman Capital Management Inc. grew its position in Entergy by 25.8% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 1,634,838 shares of the utilities provider’s stock worth $151,108,000 after acquiring an additional 335,410 shares during the last quarter. Czech National Bank increased its stake in Entergy by 3.9% in the 4th quarter. Czech National Bank now owns 117,760 shares of the utilities provider’s stock worth $10,885,000 after purchasing an additional 4,381 shares during the period. Balefire LLC lifted its position in Entergy by 25.9% in the fourth quarter. Balefire LLC now owns 24,277 shares of the utilities provider’s stock valued at $2,244,000 after purchasing an additional 4,995 shares during the last quarter. Finally, DAVENPORT & Co LLC lifted its position in Entergy by 26.6% in the fourth quarter. DAVENPORT & Co LLC now owns 5,715 shares of the utilities provider’s stock valued at $528,000 after purchasing an additional 1,200 shares during the last quarter. 88.07% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP John C. Dinelli sold 5,372 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $103.95, for a total transaction of $558,419.40. Following the transaction, the executive vice president owned 23,609 shares in the company, valued at $2,454,155.55. The trade was a 18.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.47% of the stock is owned by corporate insiders.

More Entergy News

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Entergy Louisiana and Meta agreed to an additional arrangement that Entergy says will deliver roughly $2.0 billion in customer savings by having Meta fund infrastructure tied to the hyperscale data center — this reduces Entergy’s near‑term capital burden and the rate pressure on customers, supporting cash flow and utility economics. Entergy Louisiana announces a new agreement with Meta that will deliver an additional $2B in customer savings
• Positive Sentiment: Company updates and press outlets report the revised Meta deal increases total customer benefits (reports cite ~$2.65B in customer benefits), which investors view as a material improvement to the project economics and rate base outlook. Utility Entergy says revised Meta data-center deal to deliver higher customer savings
• Positive Sentiment: Market coverage (CNBC, Benzinga) highlights the deal as the catalyst for the intraday move and quantifies the savings; Benzinga notes headlines tying the arrangement to a multi‑billion dollar savings plan that helped lift the stock. Stocks making the biggest moves midday: Brown-Forman, Entergy, Meta Platforms, Carnival, Argan & more
• Neutral Sentiment: Unusual options activity: volume of call options spiked (~2,176 contracts; ~229% above typical), indicating speculative or tactical positioning by traders that can amplify intraday moves but doesn’t necessarily change fundamentals. (No single article link provided)
• Neutral Sentiment: Operational note — Entergy Mississippi is undertaking grid upgrades tied to the program that the company says will save customers roughly $2B, reflecting execution steps behind the announced savings but with typical implementation and timing risk. Entergy Mississippi is powering up the grid to save customers $2 billion
• Negative Sentiment: ESG/reputational risk: coverage (Financial Post) flags that Meta will fund seven new natural‑gas plants to power the data center, increasing reliance on fossil fuels — this raises potential regulatory, permitting, or reputational headwinds that investors should monitor. Meta Funds Seven Entergy Gas Plants to Power Biggest Data Center

Entergy Price Performance

Shares of Entergy stock opened at $110.08 on Monday. The company has a quick ratio of 0.51, a current ratio of 0.74 and a debt-to-equity ratio of 1.65. The company has a market cap of $49.86 billion, a PE ratio of 28.15, a P/E/G ratio of 2.17 and a beta of 0.64. The business has a 50 day moving average of $101.68 and a 200 day moving average of $96.70. Entergy Corporation has a 52 week low of $75.57 and a 52 week high of $111.99.

Entergy (NYSE:ETR) last released its quarterly earnings results on Thursday, February 12th. The utilities provider reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.01). The company had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $2.99 billion. Entergy had a net margin of 13.66% and a return on equity of 10.89%. During the same quarter last year, the firm earned $0.66 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities research analysts forecast 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. Stockholders of record on Monday, February 9th were paid a dividend of $0.64 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.3%. Entergy’s payout ratio is presently 65.47%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Royal Bank Of Canada reissued an “outperform” rating and set a $112.00 price objective on shares of Entergy in a research note on Friday, January 23rd. BMO Capital Markets upped their price target on shares of Entergy from $104.00 to $112.00 and gave the company an “outperform” rating in a report on Friday, February 13th. TD Cowen initiated coverage on shares of Entergy in a report on Friday, January 9th. They issued a “buy” rating and a $108.00 price target on the stock. Barclays set a $96.00 price objective on shares of Entergy and gave the company an “overweight” rating in a research report on Thursday, January 15th. Finally, Citigroup upped their price objective on shares of Entergy from $106.00 to $116.00 and gave the company a “neutral” rating in a research note on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $107.17.

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.