Fox Hill Wealth Management Purchases New Position in Entergy Corporation $ETR

Posted by Brian Himes on Aug 29th, 2026

Fox Hill Wealth Management bought a new stake in Entergy Corporation (NYSE:ETR – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 24,053 shares of the utilities provider’s stock, valued at approximately $2,763,000. Entergy comprises approximately 1.1% of Fox Hill Wealth Management’s portfolio, making the stock its 26th largest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Entergy during the 2nd quarter worth $4,861,376,000. State Street Corp lifted its stake in shares of Entergy by 4.4% in the 4th quarter. State Street Corp now owns 24,356,461 shares of the utilities provider’s stock valued at $2,251,268,000 after purchasing an additional 1,018,503 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Entergy by 54.9% in the 4th quarter. JPMorgan Chase & Co. now owns 22,694,994 shares of the utilities provider’s stock valued at $2,097,699,000 after purchasing an additional 8,046,287 shares during the period. Bank of America Corp DE boosted its position in shares of Entergy by 5.3% in the 1st quarter. Bank of America Corp DE now owns 17,369,775 shares of the utilities provider’s stock worth $1,951,668,000 after purchasing an additional 870,847 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Entergy by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 11,607,806 shares of the utilities provider’s stock worth $1,068,725,000 after purchasing an additional 126,625 shares during the period. Institutional investors and hedge funds own 88.07% of the company’s stock.

Entergy Trading Down 0.7%

NYSE:ETR opened at $105.77 on Friday. Entergy Corporation has a fifty-two week low of $86.40 and a fifty-two week high of $118.44. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.91 and a quick ratio of 0.70. The stock has a market capitalization of $49.36 billion, a PE ratio of 27.12, a price-to-earnings-growth ratio of 1.82 and a beta of 0.50. The business’s 50-day simple moving average is $111.05 and its 200-day simple moving average is $109.89.

Entergy (NYSE:ETR – Get Free Report) last posted its earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.02. The business had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.49 billion. Entergy had a return on equity of 10.53% and a net margin of 13.40%.During the same period in the prior year, the business earned $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Sell-side analysts expect that Entergy Corporation will post 4.4 earnings per share for the current fiscal year.

Entergy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Thursday, August 13th will be given a dividend of $0.64 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $2.56 annualized dividend and a dividend yield of 2.4%. Entergy’s dividend payout ratio is currently 65.64%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Evercore reiterated an “outperform” rating and issued a $128.00 price objective on shares of Entergy in a report on Monday, August 17th. Scotiabank restated a “sector outperform” rating on shares of Entergy in a research report on Wednesday, June 10th. BTIG Research reaffirmed a “buy” rating and issued a $126.00 price target on shares of Entergy in a research note on Wednesday, June 10th. Jefferies Financial Group reiterated a “buy” rating on shares of Entergy in a research report on Wednesday, June 10th. Finally, Citigroup reissued a “neutral” rating and set a $121.00 price objective (up from $116.00) on shares of Entergy in a research note on Tuesday, May 5th. Seventeen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $120.84.

Check Out Our Latest Stock Report on ETR

Insiders Place Their Bets

In related news, Director Ralph Lewis Ropp acquired 1,000 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The shares were acquired at an average cost of $106.08 per share, for a total transaction of $106,080.00. Following the completion of the acquisition, the director directly owned 3,423 shares in the company, valued at approximately $363,111.84. The trade was a 41.27% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Haley Fisackerly sold 10,638 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total transaction of $1,170,180.00. Following the completion of the sale, the insider directly owned 14,182 shares in the company, valued at $1,560,020. This represents a 42.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.21% of the company’s stock.

About Entergy

(Free Report)

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.