Entergy Corporation $ETR Shares Purchased by Tema Etfs LLC

Tema Etfs LLC raised its stake in Entergy Corporation (NYSE:ETR) by 68.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 123,059 shares of the utilities provider’s stock after buying an additional 49,939 shares during the quarter. Entergy makes up about 0.9% of Tema Etfs LLC’s investment portfolio, making the stock its 23rd largest holding. Tema Etfs LLC’s holdings in Entergy were worth $11,374,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Capital A Wealth Management LLC increased its holdings in shares of Entergy by 5,466.7% in the 2nd quarter. Capital A Wealth Management LLC now owns 334 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 328 shares during the period. Physician Wealth Advisors Inc. boosted its stake in Entergy by 56.9% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 115 shares during the period. Hantz Financial Services Inc. grew its position in Entergy by 150.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 194 shares during the last quarter. JFS Wealth Advisors LLC increased its stake in shares of Entergy by 46.1% in the third quarter. JFS Wealth Advisors LLC now owns 412 shares of the utilities provider’s stock valued at $38,000 after purchasing an additional 130 shares during the period. Finally, Ameritas Advisory Services LLC increased its stake in shares of Entergy by 44.4% in the third quarter. Ameritas Advisory Services LLC now owns 416 shares of the utilities provider’s stock valued at $39,000 after purchasing an additional 128 shares during the period. Institutional investors and hedge funds own 88.07% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on ETR. Argus set a $100.00 price objective on Entergy and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Wells Fargo & Company raised their target price on Entergy from $105.00 to $119.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. TD Cowen assumed coverage on Entergy in a research note on Friday, January 9th. They set a “buy” rating and a $108.00 target price on the stock. Siebert Williams Shank started coverage on Entergy in a research report on Tuesday, January 20th. They set a “buy” rating and a $109.00 price target for the company. Finally, Mizuho increased their price target on Entergy from $112.00 to $120.00 and gave the stock an “outperform” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.17.

Insider Activity at Entergy

In other news, EVP John C. Dinelli sold 5,372 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $103.95, for a total value of $558,419.40. Following the completion of the sale, the executive vice president owned 23,609 shares in the company, valued at $2,454,155.55. This represents a 18.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.39% of the company’s stock.

Entergy Trading Up 1.2%

Shares of NYSE:ETR opened at $113.72 on Thursday. The company has a 50 day moving average of $102.68 and a 200-day moving average of $97.12. The company has a current ratio of 0.74, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65. The firm has a market cap of $52.06 billion, a P/E ratio of 29.08, a P/E/G ratio of 2.22 and a beta of 0.64. Entergy Corporation has a twelve month low of $75.57 and a twelve month high of $114.07.

Entergy (NYSE:ETR) last posted its quarterly earnings data on Thursday, February 12th. The utilities provider reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). The company had revenue of $2.96 billion for the quarter, compared to analyst estimates of $2.99 billion. Entergy had a net margin of 13.66% and a return on equity of 10.89%. During the same quarter in the prior year, the business earned $0.66 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, analysts anticipate that Entergy Corporation will post 3.88 earnings per share for the current fiscal year.

Entergy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Monday, February 9th were paid a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, February 9th. Entergy’s payout ratio is currently 65.47%.

Entergy Company 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.