Avalon Trust Co Takes a New Stake in Entergy Corporation

Avalon Trust Co has taken a new position in Entergy Corporation (NYSE:ETR) stock, acquiring 68,670 shares valued at approximately $7,887,000. This is according to a recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of Entergy's stock. JPMorgan Chase & Co increased its stake by 54.9% in the fourth quarter, acquiring an additional 8,046,287 shares worth $2,097,699,000. Morgan Stanley increased its stake by 22.9% during the same period, purchasing an additional 1,986,369 shares valued at $984,512,000.

Entergy's market cap is around $50.28 billion, with a P/E ratio of 27.63 and a beta of 0.50. The company has set its FY 2026 guidance at 4.250-4.450 EPS and expects to post 4.4 earnings per share for the current fiscal year.