Sienna Gestion Has $9.22 Million Holdings in Entergy Corporation $ETR

Sienna Gestion lessened its position in Entergy Corporation (NYSE:ETR) by 11.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 108,518 shares of the utilities provider’s stock after selling 13,701 shares during the quarter. Sienna Gestion’s holdings in Entergy were worth $9,220,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. lifted its stake in Entergy by 56.9% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 317 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 115 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Entergy by 150.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 323 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 194 shares in the last quarter. 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 valued at $28,000 after purchasing an additional 328 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in shares of Entergy in the second quarter worth approximately $30,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of Entergy in the second quarter worth approximately $31,000. 88.07% of the stock is currently owned by hedge funds and other institutional investors.

Entergy Price Performance

Shares of ETR opened at $104.78 on Monday. 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 firm has a market cap of $47.46 billion, a PE ratio of 26.80, a PEG ratio of 2.07 and a beta of 0.64. The firm’s 50 day moving average price is $98.45 and its 200 day moving average price is $95.01. Entergy Corporation has a twelve month low of $75.57 and a twelve month high of $107.93.

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

Entergy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Monday, February 9th were given a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Monday, February 9th. Entergy’s dividend payout ratio is presently 65.47%.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Barclays set a $96.00 price objective on shares of Entergy and gave the company an “overweight” rating in a research report on Thursday, January 15th. Mizuho set a $112.00 target price on shares of Entergy in a research note on Friday, February 13th. Argus set a $100.00 price target on shares of Entergy and gave the company a “buy” rating in a report on Tuesday, January 6th. BMO Capital Markets upped their price target on shares of Entergy from $104.00 to $112.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $112.00 price objective on shares of Entergy in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $106.61.

Insiders Place Their Bets

In other Entergy news, EVP John C. Dinelli sold 5,372 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $103.95, for a total transaction of $558,419.40. Following the transaction, the executive vice president directly owned 23,609 shares in the company, valued at $2,454,155.55. This trade represents a 18.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.47% of the stock is currently owned by company insiders.

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.