During the last five years, Entergy Corporation investors have witnessed an impressive 123% gain. The company, not just an income stock, positions itself as a regulated growth utility. Notably, numerous institutional investors are adjusting their holdings in Entergy. For instance, Meyer Handelman Co. and Confluence Investment Management LLC have decreased their position, while others, like Ausbil Investment Management Ltd and Alkeon Capital Management, increased their stake. Entergy has also seen significant acquisitions, with Assenagon Asset Management acquiring 46,000 shares and iSAM Funds UK acquiring 31,461 shares. The company remains a favorite among analysts, with KeyBanc maintaining an overweight rating, and UBS offering a buy recommendation. Entergy is witness to favorable demand and regulatory trends, leading to continuous expansion in nuclear and renewable energy spaces. This includes infrastructure investment for Meta's data center and two ground-breaking power plants in Louisiana. Entergy's financial performance shows promise with strong quarterly results and increased dividend payments to shareholders. Notwithstanding such positive outlook, Wall Street Zen recently downgraded Entergy's rating to sell. Despite this, others like Jim Cramer believe in Entergy's potential in the face of AI power shortage, highlighting the complex perceptions surrounding the company's future.
Entergy Corporation ETR News Analytics from Tue, 18 Feb 2025 08:00:00 GMT to Sat, 27 Dec 2025 12:38:44 GMT - Rating 6 - Innovation 2 - Rumor -3
