OneDigital Investment Advisors LLC Acquires Shares of 10,096 Entergy Corporation $ETR

OneDigital Investment Advisors LLC acquired a new stake in shares of Entergy Corporation (NYSE:ETR) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,096 shares of the utilities provider’s stock, valued at approximately $1,160,000.

Other institutional investors also recently modified their holdings of the company. Pinnacle Wealth Management Advisory Group LLC grew its position in Entergy by 3.6% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,623 shares of the utilities provider’s stock valued at $295,000 after purchasing an additional 90 shares during the period. Whittier Trust Co. of Nevada Inc. raised its holdings in Entergy by 9.2% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,096 shares of the utilities provider’s stock worth $126,000 after buying an additional 92 shares during the last quarter. Aristotle Capital Management LLC raised its holdings in Entergy by 4.4% during the fourth quarter. Aristotle Capital Management LLC now owns 2,280 shares of the utilities provider’s stock worth $211,000 after buying an additional 96 shares during the last quarter. Founders Financial Securities LLC lifted its stake in shares of Entergy by 2.5% in the first quarter. Founders Financial Securities LLC now owns 4,094 shares of the utilities provider’s stock valued at $481,000 after buying an additional 101 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its holdings in shares of Entergy by 2.8% during the fourth quarter. Rehmann Capital Advisory Group now owns 3,807 shares of the utilities provider’s stock valued at $352,000 after buying an additional 102 shares during the last quarter. 88.07% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Ralph Lewis Ropp acquired 1,000 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The shares were acquired at an average price of $106.08 per share, with a total value of $106,080.00. Following the acquisition, the director owned 3,423 shares of the company’s stock, valued at approximately $363,111.84. This trade represents a 41.27% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Haley Fisackerly sold 10,638 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $110.00, for a total value of $1,170,180.00. Following the completion of the transaction, the insider owned 14,182 shares of the company’s stock, valued at approximately $1,560,020. This represents a 42.86% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Truist Financial set a $122.00 target price on shares of Entergy and gave the stock a “buy” rating in a report on Thursday. Wells Fargo & Company boosted their price objective on Entergy from $123.00 to $128.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. 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. Seaport Research Partners downgraded Entergy from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. Finally, KeyCorp restated an “overweight” rating and set a $123.00 price target (up from $118.00) on shares of Entergy in a research report on Tuesday, April 21st. Seventeen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $121.05.

Entergy Price Performance

Shares of NYSE:ETR opened at $108.52 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 0.91 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $50.64 billion, a PE ratio of 27.83, a P/E/G ratio of 1.84 and a beta of 0.50. Entergy Corporation has a twelve month low of $86.40 and a twelve month high of $118.44. The company has a 50-day moving average price of $111.80 and a two-hundred day moving average price of $109.35.

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

Entergy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Thursday, August 13th will be given a dividend of $0.64 per share. The ex-dividend date is Thursday, August 13th. This represents a $2.56 annualized dividend and a dividend yield of 2.4%. Entergy’s dividend payout ratio is currently 65.64%.

Entergy 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.