Cherokee Insurance Co Purchases New Holdings in Entergy Corporation $ETR

13 Nov 2025, 05:14 by Renee Jackson · The Cerbat Gem

Cherokee Insurance Co purchased a new stake in Entergy Corporation (NYSE:ETR – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 5,600 shares of the utilities provider’s stock, valued at approximately $465,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in ETR. Kaizen Financial Strategies increased its holdings in Entergy by 3.8% during the second quarter. Kaizen Financial Strategies now owns 5,052 shares of the utilities provider’s stock worth $420,000 after buying an additional 185 shares during the last quarter. Police & Firemen s Retirement System of New Jersey grew its position in shares of Entergy by 4.8% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 65,470 shares of the utilities provider’s stock valued at $5,442,000 after acquiring an additional 3,028 shares during the period. Horrell Capital Management Inc. increased its stake in shares of Entergy by 2.7% during the 2nd quarter. Horrell Capital Management Inc. now owns 54,914 shares of the utilities provider’s stock worth $4,564,000 after purchasing an additional 1,443 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Entergy by 4.7% during the 2nd quarter. Geode Capital Management LLC now owns 11,242,611 shares of the utilities provider’s stock worth $930,541,000 after purchasing an additional 505,344 shares during the last quarter. Finally, Forsta AP Fonden raised its holdings in shares of Entergy by 8.2% in the 2nd quarter. Forsta AP Fonden now owns 80,800 shares of the utilities provider’s stock valued at $6,716,000 after purchasing an additional 6,100 shares during the period. Institutional investors own 88.07% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Scotiabank set a $105.00 price target on Entergy and gave the stock an “outperform” rating in a report on Friday, October 3rd. BMO Capital Markets reiterated an “outperform” rating and set a $104.00 target price (up from $96.00) on shares of Entergy in a research note on Tuesday, October 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Entergy in a report on Wednesday, October 8th. Morgan Stanley set a $93.00 price target on Entergy and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Finally, KeyCorp reaffirmed an “overweight” rating and set a $106.00 price objective (up from $96.00) on shares of Entergy in a research report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Entergy has a consensus rating of “Moderate Buy” and an average target price of $102.37.

Check Out Our Latest Analysis on ETR

Entergy Price Performance

Shares of NYSE ETR opened at $96.53 on Thursday. The firm has a market cap of $43.11 billion, a P/E ratio of 23.84, a price-to-earnings-growth ratio of 2.40 and a beta of 0.63. The business’s 50 day moving average is $93.62 and its 200-day moving average is $87.94. The company has a current ratio of 0.71, a quick ratio of 0.52 and a debt-to-equity ratio of 1.62. Entergy Corporation has a 1-year low of $73.15 and a 1-year high of $98.58.

Entergy (NYSE:ETR – Get Free Report) last issued its quarterly earnings data on Friday, July 8th. The utilities provider reported $0.71 EPS for the quarter. The firm had revenue of $2.37 billion for the quarter. Entergy had a return on equity of 11.53% and a net margin of 14.26%. Equities research analysts predict that Entergy Corporation will post 3.88 earnings per share for the current year.

Entergy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Thursday, November 13th will be given a dividend of $0.64 per share. This is a positive change from Entergy’s previous quarterly dividend of $0.60. This represents a $2.56 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, November 13th. Entergy’s payout ratio is 63.21%.

Insider Activity

In other news, insider Anastasia Minor sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $96.39, for a total transaction of $481,950.00. Following the transaction, the insider directly owned 10,122 shares of the company’s stock, valued at approximately $975,659.58. This trade represents a 33.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Haley Fisackerly sold 5,136 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $96.50, for a total value of $495,624.00. Following the completion of the sale, the insider owned 7,899 shares of the company’s stock, valued at approximately $762,253.50. This trade represents a 39.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 10,179 shares of company stock valued at $981,707 in the last quarter. Corporate insiders own 0.47% of the company’s stock.

Entergy Profile

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