Entergy Corporation $ETR Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lowered its position in Entergy Corporation (NYSE:ETR) by 1.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 950,533 shares of the utilities provider’s stock after selling 11,430 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Entergy were worth $94,350,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in ETR. Callan Family Office LLC acquired a new position in shares of Entergy during the 2nd quarter worth approximately $3,250,000. Nykredit A S purchased a new stake in Entergy in the 2nd quarter valued at approximately $22,064,000. Illinois Municipal Retirement Fund grew its holdings in Entergy by 18.3% during the 1st quarter. Illinois Municipal Retirement Fund now owns 180,358 shares of the utilities provider’s stock valued at $20,265,000 after buying an additional 27,868 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Entergy during the 2nd quarter valued at $2,843,000. Finally, E. Ohman J or Asset Management AB grew its holdings in Entergy by 27.6% during the 3rd quarter. E. Ohman J or Asset Management AB now owns 21,797 shares of the utilities provider’s stock valued at $2,164,000 after buying an additional 4,710 shares during the last quarter. Institutional investors and hedge funds own 88.07% of the company’s stock.

Key Stories Impacting Entergy

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Entergy reported third-quarter adjusted earnings of $1.98 per share, up from $1.53 a year ago and ahead of analyst estimates of roughly $1.71–$1.73. Revenue increased to $4.37 billion, exceeding the $4.12 billion consensus estimate. Strong electricity demand, favorable weather and regulatory rate actions supported the performance. Entergy reports third quarter 2026 financial results
• Positive Sentiment: The utility raised the lower end of its 2026 earnings guidance by $0.10 per share and narrowed its guidance range, signaling greater confidence in near-term results. Management also affirmed its broader financial outlook. Entergy: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Entergy increased its quarterly dividend to $0.68 per share, a 6.3% increase from $0.64. The new payout equals $2.72 annually and provides an approximately 2.5% yield, enhancing the stock’s income appeal.
• Positive Sentiment: The company added $1.5 billion to its capital plan through 2030. Although this raises investment needs, it also reflects opportunities to expand and strengthen the regulated utility business over the long term. Entergy: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Higher operating costs pressured results, partially offsetting favorable demand, weather and regulatory trends. The expanded capital plan could support future earnings growth but may also increase financing requirements for a company that already carries substantial leverage.

Insider Buying and Selling at Entergy

In other news, insider Laura R. Landreaux sold 5,600 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $106.20, for a total transaction of $594,720.00. Following the sale, the insider owned 22,589 shares in the company, valued at $2,398,951.80. This trade represents a 19.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ralph Lewis Ropp acquired 1,000 shares of the stock in a transaction dated Thursday, August 6th. The stock was acquired at an average cost of $106.08 per share, with a total value of $106,080.00. Following the transaction, 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 ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

ETR has been the subject of several recent research reports. Weiss Ratings downgraded Entergy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, August 20th. Scotiabank reduced their price objective on Entergy from $129.00 to $121.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 30th. Evercore upped their price objective on Entergy from $121.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday, October 8th. BTIG Research decreased their price objective on Entergy from $126.00 to $117.00 and set a “buy” rating on the stock in a research note on Tuesday, October 20th. Finally, LADENBURG THALM/SH SH dropped their price objective on Entergy from $120.50 to $113.50 and set a “buy” rating for the company in a research report on Monday, October 12th. Twenty equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $121.25.

Entergy Stock Performance

NYSE:ETR opened at $109.78 on Tuesday. The firm has a 50 day simple moving average of $104.46 and a 200-day simple moving average of $107.38. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.91 and a quick ratio of 0.70. The firm has a market cap of $51.23 billion, a PE ratio of 28.15, a P/E/G ratio of 2.41 and a beta of 0.46. Entergy Corporation has a 1-year low of $90.87 and a 1-year high of $118.44.

Entergy (NYSE:ETR) last announced its quarterly earnings data on Monday, November 2nd. The utilities provider reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.25. Entergy had a net margin of 13.40% and a return on equity of 10.53%. The business had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter in the prior year, the firm posted $1.53 earnings per share. On average, equities analysts expect that Entergy Corporation will post 4.40 EPS for the current year.

Entergy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be issued a $0.68 dividend. This is a boost from Entergy’s previous quarterly dividend of $0.64. The ex-dividend date is Friday, November 13th. This represents a $2.72 annualized dividend and a yield of 2.5%. Entergy’s payout ratio is presently 65.64%.

About Entergy

Entergy Corporation is an integrated energy company that operates as a regulated electric utility. Through its operating companies, the company generates, transmits and distributes electricity to residential, commercial, industrial and governmental customers. Its generation portfolio includes nuclear, natural gas, renewable and other power resources, while its transmission and distribution networks deliver electricity across its service territories.

Entergy serves customers in Arkansas, Louisiana, Mississippi and Texas, including the New Orleans area through Entergy New Orleans.