Stephens Inc. AR Has $4.51 Million Stock Holdings in Entergy Corporation $ETR

Stephens Inc. AR lifted its stake in shares of Entergy Corporation (NYSE:ETR) by 24.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,166 shares of the utilities provider’s stock after purchasing an additional 8,017 shares during the quarter. Stephens Inc. AR’s holdings in Entergy were worth $4,513,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. United Community Bank increased its holdings in Entergy by 806.7% during the 4th quarter. United Community Bank now owns 272 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 242 shares in the last quarter. Washington Trust Advisors Inc. lifted its holdings in shares of Entergy by 119.4% in the fourth quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 154 shares in the last quarter. Union Savings Bank purchased a new position in shares of Entergy during the fourth quarter valued at approximately $28,000. Fairway Wealth LLC purchased a new position in shares of Entergy during the first quarter valued at approximately $30,000. Finally, Valley National Advisers Inc. grew its holdings in Entergy by 306.0% during the fourth quarter. Valley National Advisers Inc. now owns 341 shares of the utilities provider’s stock worth $31,000 after buying an additional 257 shares in the last quarter. 88.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently issued reports on ETR shares. BTIG Research reiterated a “buy” rating and issued a $126.00 target price on shares of Entergy in a research note on Wednesday, June 10th. Morgan Stanley set a $94.00 price target on shares of Entergy in a research report on Thursday, May 21st. Jefferies Financial Group restated a “buy” rating on shares of Entergy in a report on Wednesday, June 10th. KeyCorp reaffirmed an “overweight” rating and issued a $123.00 price objective (up from $118.00) on shares of Entergy in a research report on Tuesday, April 21st. Finally, Citigroup reiterated a “neutral” rating and issued a $121.00 price objective (up from $116.00) on shares of Entergy in a research note on Tuesday, May 5th. Seventeen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Entergy has a consensus rating of “Moderate Buy” and a consensus target price of $119.68.

Insider Activity

In other Entergy news, insider Haley Fisackerly sold 10,638 shares of Entergy stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total transaction of $1,170,180.00. Following the completion of the sale, the insider directly owned 14,182 shares in the company, valued at $1,560,020. The trade was a 42.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.21% of the company’s stock.

Entergy Stock Up 1.2%

Shares of NYSE ETR opened at $115.15 on Wednesday. Entergy Corporation has a 52 week low of $80.11 and a 52 week high of $118.44. The business has a 50-day simple moving average of $112.15 and a two-hundred day simple moving average of $105.80. The company has a quick ratio of 0.73, a current ratio of 0.96 and a debt-to-equity ratio of 1.80. The company has a market cap of $52.72 billion, a P/E ratio of 29.37, a P/E/G ratio of 1.94 and a beta of 0.50.

Entergy (NYSE:ETR) last announced its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $0.86 EPS for the quarter, beating the consensus estimate of $0.84 by $0.02. Entergy had a net margin of 13.48% and a return on equity of 10.75%. The firm had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $2.89 billion. During the same period last year, the firm earned $0.82 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Research analysts anticipate that Entergy Corporation will post 4.4 earnings per share for the current fiscal year.

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.