Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 45,113 Shares of Entergy Corporation $ETR

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its stake in Entergy Corporation (NYSE:ETR) by 5.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 793,663 shares of the utilities provider’s stock after selling 45,113 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Entergy were worth $89,176,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. United Community Bank grew its position in Entergy by 806.7% in the fourth quarter. United Community Bank now owns 272 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 242 shares during the period. Washington Trust Advisors Inc. lifted its holdings in shares of Entergy by 119.4% during the fourth quarter. Washington Trust Advisors Inc. now owns 283 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 154 shares during the period. Union Savings Bank acquired a new stake in shares of Entergy in the 4th quarter valued at $28,000. Fairway Wealth LLC acquired a new stake in shares of Entergy in the 1st quarter valued at $30,000. Finally, Valley National Advisers Inc. grew its holdings in shares of Entergy by 306.0% in the 4th quarter. Valley National Advisers Inc. now owns 341 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 257 shares during the last quarter. Institutional investors and hedge funds own 88.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on ETR shares. UBS Group reissued a “buy” rating and set a $135.00 price target (up from $131.00) on shares of Entergy in a report on Thursday, April 30th. Wall Street Zen raised shares of Entergy from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. BTIG Research reissued a “buy” rating and issued a $126.00 target price on shares of Entergy in a report on Wednesday, June 10th. Mizuho set a $122.00 price target on Entergy and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Finally, Wells Fargo & Company lifted their price objective on Entergy from $123.00 to $128.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Seventeen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Entergy currently has a consensus rating of “Moderate Buy” and a consensus target price of $119.68.

Insider Transactions at Entergy

In other Entergy news, insider Haley Fisackerly sold 10,638 shares of the stock in a transaction on 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 transaction, the insider directly owned 14,182 shares in the company, valued at approximately $1,560,020. This trade represents a 42.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.21% of the company’s stock.

Entergy Price Performance

Shares of NYSE ETR traded up $1.29 during trading on Friday, reaching $115.22. The company had a trading volume of 2,484,227 shares, compared to its average volume of 3,035,122. Entergy Corporation has a 52 week low of $80.86 and a 52 week high of $118.44. The stock has a market cap of $52.76 billion, a PE ratio of 29.39, a PEG ratio of 1.96 and a beta of 0.50. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.73 and a current ratio of 0.96. The business’s 50 day moving average price is $112.19 and its 200-day moving average price is $106.18.

Entergy (NYSE:ETR) last released 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. The business had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $2.89 billion. Entergy had a net margin of 13.48% and a return on equity of 10.75%. During the same period in the prior year, the firm earned $0.82 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Analysts expect that Entergy Corporation will post 4.4 earnings per share for the current year.

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.