Entergy (NYSE:ETR) EVP John Dinelli Sells 5,372 Shares of Stock

Entergy Corporation (NYSE:ETR) EVP John Dinelli sold 5,372 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $103.95, for a total transaction of $558,419.40. Following the completion of the sale, the executive vice president owned 23,609 shares of the company’s stock, valued at approximately $2,454,155.55. This trade represents a 18.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Entergy Trading Up 0.3%

Shares of Entergy stock opened at $105.15 on Wednesday. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.74. The company has a market capitalization of $47.63 billion, a P/E ratio of 26.89, a PEG ratio of 2.07 and a beta of 0.65. Entergy Corporation has a 1 year low of $75.57 and a 1 year high of $106.71. The company’s fifty day moving average is $96.25 and its two-hundred day moving average is $94.10.

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

Entergy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Monday, February 9th will be paid a $0.64 dividend. This represents a $2.56 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Monday, February 9th. Entergy’s dividend payout ratio (DPR) is 65.47%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Citigroup increased their price target on Entergy from $91.00 to $106.00 and gave the stock a “neutral” rating in a report on Tuesday, November 18th. JPMorgan Chase & Co. reduced their target price on shares of Entergy from $113.00 to $108.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Morgan Stanley set a $98.00 target price on shares of Entergy in a report on Friday. Siebert Williams Shank assumed coverage on shares of Entergy in a research note on Tuesday, January 20th. They set a “buy” rating and a $109.00 price target on the stock. Finally, Evercore raised their price objective on shares of Entergy from $98.00 to $101.00 and gave the company an “in-line” rating in a research report on Thursday, October 30th. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, Entergy has an average rating of “Moderate Buy” and an average price target of $106.11.

Institutional Trading of Entergy

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Aristotle Capital Management LLC grew its position 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 period. MFA Wealth Services grew its holdings in shares of Entergy by 3.8% in the 3rd quarter. MFA Wealth Services now owns 2,891 shares of the utilities provider’s stock worth $269,000 after acquiring an additional 107 shares during the period. Oakworth Capital Inc. grew its holdings in shares of Entergy by 7.6% in the 4th quarter. Oakworth Capital Inc. now owns 1,543 shares of the utilities provider’s stock worth $143,000 after acquiring an additional 109 shares during the period. Guidance Capital Inc. increased its stake in Entergy by 0.8% in the 3rd quarter. Guidance Capital Inc. now owns 13,956 shares of the utilities provider’s stock valued at $1,348,000 after purchasing an additional 112 shares in the last quarter. Finally, Summit Financial LLC raised its holdings in Entergy by 4.7% during the fourth quarter. Summit Financial LLC now owns 2,510 shares of the utilities provider’s stock worth $232,000 after purchasing an additional 112 shares during the last quarter. Institutional investors and hedge funds own 88.07% of the company’s stock.

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.