Royal Bank of Canada lessened its stake in shares of Entergy Corporation (NYSE:ETR – Free Report) by 11.9% during the first quarter, Holdings Channel.com reports. The institutional investor owned 1,952,497 shares of the utilities provider’s stock after selling 262,745 shares during the period. Royal Bank of Canada’s holdings in Entergy were worth $219,381,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of ETR. Dynamic Wealth Strategies LLC acquired a new stake in shares of Entergy during the first quarter valued at $30,000. Fairway Wealth LLC purchased a new position in Entergy in the 1st quarter valued at about $30,000. United Community Bank boosted its stake in shares of Entergy by 806.7% during the 4th quarter. United Community Bank now owns 272 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 242 shares during the last quarter. Washington Trust Advisors Inc. boosted its stake in shares of Entergy by 119.4% during the 4th 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 last quarter. Finally, Union Savings Bank purchased a new stake in shares of Entergy during the fourth quarter worth about $28,000. Hedge funds and other institutional investors own 88.07% of the company’s stock.
Insider Buying and Selling at Entergy
In other Entergy news, insider Haley Fisackerly sold 10,638 shares of Entergy 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 transaction, the insider owned 14,182 shares in the company, valued at $1,560,020. This trade represents a 42.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Get Our Latest Analysis on ETR
Entergy Trading Down 3.8%
Shares of ETR stock opened at $108.04 on Thursday. The firm has a market cap of $49.47 billion, a P/E ratio of 27.56, a PEG ratio of 1.92 and a beta of 0.50. Entergy Corporation has a 1-year low of $86.40 and a 1-year high of $118.44. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.96 and a quick ratio of 0.73. The firm’s 50-day simple moving average is $112.46 and its 200-day simple moving average is $108.21.
Entergy (NYSE:ETR – Get Free Report) last released its earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.02. Entergy had a net margin of 13.48% and a return on equity of 10.75%. The business had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.49 billion. During the same period last year, the company earned $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities analysts forecast that Entergy Corporation will post 4.4 EPS for the current year.
Entergy News Roundup
Here are the key news stories impacting Entergy this week:
- Positive Sentiment: Entergy reported second-quarter adjusted and as-reported EPS of $1.03, above the $1.01 analyst consensus in one estimate and the $0.94 Zacks consensus. Revenue reached $3.52 billion, also ahead of expectations. Entergy Q2 Earnings Beat Estimates, Sales Improve Year Over Year
- Positive Sentiment: Weather-adjusted retail electricity sales increased 5.7%, led by a 9.9% rise in industrial volume, reinforcing the investment case that data centers and broader industrial growth can drive demand. Entergy Texas also received an approximately $200 million Texas Energy Fund grant for reliability improvements. Entergy Reports $483 Million Second Quarter Earnings and Affirms 2026 Guidance
- Neutral Sentiment: Management reaffirmed 2026 adjusted EPS guidance of $4.25 to $4.45, broadly in line with the approximately $4.40 analyst forecast. The unchanged outlook supports earnings visibility but did not provide a new catalyst. Entergy Reports Second Quarter 2026 Financial Results
- Negative Sentiment: EPS declined from $1.05 a year earlier, while higher operating costs and interest expense weighed on results. Entergy also completed a $2.175 billion common-stock offering with a forward component, raising potential shareholder dilution and financing concerns. Entergy Reports Q2 Earnings, Strengthens Grid and Balance Sheet
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.
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