California State Teachers Retirement System lowered its stake in shares of Entergy Corporation (NYSE:ETR – Free Report) by 3.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 515,413 shares of the utilities provider’s stock after selling 19,108 shares during the quarter. California State Teachers Retirement System’s holdings in Entergy were worth $57,912,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. United Community Bank raised its position in shares of Entergy by 806.7% during the fourth quarter. United Community Bank now owns 272 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 242 shares during the last quarter. Washington Trust Advisors Inc. grew its holdings in Entergy by 119.4% in the fourth quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 154 shares during the period. Union Savings Bank bought a new stake in Entergy in the 4th quarter valued at about $28,000. Fairway Wealth LLC bought a new stake in shares of Entergy during the first quarter valued at approximately $30,000. Finally, Dynamic Wealth Strategies LLC bought a new stake in shares of Entergy during the first quarter worth about $30,000. Institutional investors own 88.07% of the company’s stock.
Entergy Price Performance
Shares of NYSE:ETR opened at $108.07 on Friday. The company’s fifty day moving average price is $112.38 and its 200-day moving average price is $108.31. The firm has a market capitalization of $49.48 billion, a price-to-earnings ratio of 27.71, a PEG ratio of 1.84 and a beta of 0.50. Entergy Corporation has a one year low of $86.40 and a one year high of $118.44. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.91 and a quick ratio of 0.73.
Insiders Place Their Bets
In other Entergy news, insider Haley Fisackerly sold 10,638 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total value of $1,170,180.00. Following the sale, the insider owned 14,182 shares of the company’s stock, valued at $1,560,020. This trade represents a 42.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by insiders.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. Wells Fargo & Company upped their price objective on shares of Entergy from $123.00 to $128.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Evercore set a $123.00 target price on shares of Entergy in a research report on Wednesday, June 10th. Seaport Research Partners lowered Entergy from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. Truist Financial set a $127.00 price target on shares of Entergy and gave the company a “buy” rating in a report on Friday, May 29th. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $123.00 price target (up from $118.00) on shares of Entergy in a report on Tuesday, April 21st. Seventeen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Entergy has a consensus rating of “Moderate Buy” and an average price target of $121.05.
Check Out Our Latest Stock Report on ETR
Entergy News Roundup
Here are the key news stories impacting Entergy this week:
- Positive Sentiment: Entergy reported second-quarter adjusted and as-reported earnings of $1.03 per share, exceeding consensus estimates of approximately $0.94–$1.01. Revenue reached $3.52 billion, also above expectations. Entergy reports second quarter 2026 financial results
- Positive Sentiment: Weather-adjusted retail electricity sales increased 5.7%, led by a 9.9% increase in industrial volume. The growth supports Entergy’s strategy of benefiting from rising power demand from industrial and other large-load customers. Entergy Reports Second Quarter Earnings and Affirms 2026 Guidance
- Positive Sentiment: Management affirmed its 2026 adjusted EPS outlook of $4.25 to $4.45, broadly consistent with the $4.40 analyst consensus, reducing the risk of a near-term guidance reset. Entergy also highlighted regulatory progress and grid investment initiatives.
- Positive Sentiment: Entergy Texas received an approximately $200 million Texas Energy Fund grant to support electric reliability, while grid-related funding and regulatory actions could help finance future system expansion.
- Neutral Sentiment: Entergy completed a $2.175 billion common-stock offering with a forward component. The capital strengthens funding for growth and infrastructure, but increases the share count and may limit per-share upside.
- Negative Sentiment: Quarterly EPS declined from $1.05 a year earlier to $1.03, as higher operating costs and interest expense offset part of the sales improvement. Parent & Other also reported a $143 million loss, or $0.31 per share.
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.
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