Entergy Mississippi restored power to over 23,500 customers hit by severe storms last week. Meanwhile, Entergy Corporation saw major changes in who owns its stock.
Storm Recovery Efforts Conclude
Crews from Entergy Mississippi worked quickly to bring electricity back online for thousands after strong storms, featuring high winds, hit the region Wednesday evening and Thursday morning. The powerful system left more than 23,500 customers without power.
The storm tore down over 385 spans—roughly 20 miles—of power lines, snapped 75 poles, and destroyed 25 transformers. Nearly 800 workers—employees, contractors, tree trimmers, and scouts—fanned out across more than 100 communities to fix the damage.
Most customers got power back Friday night, but the hardest-hit areas around Natchez, Gloster, and Centerville in Southwest Mississippi weren't fully restored until Saturday. Kamisha Quates, Entergy Mississippi vice president, reliability, acknowledged the impact on customers, emphasizing the company's commitment to restoring service safely and quickly.
For any customers still experiencing outages, Entergy Mississippi notes that damage to a home's weatherhead might be the cause. Such issues require repairs by a licensed electrician before the utility can safely re-energize the structure. Customers can report outages or check status via the Entergy app, by texting OUT or STAT to 36778, through myEntergy.com, or by calling 1-800-9OUTAGE.
Entergy's Broad Reach and Reliability Focus
Entergy Mississippi serves about 459,000 customers in 45 counties as a subsidiary of Fortune 500 Entergy Corporation, based in New Orleans.
Entergy Corporation serves 3 million customers across Arkansas, Louisiana, Mississippi, and Texas. The company invests in reliability and resilience while keeping rates affordable. Entergy also focuses on cleaner energy generation, including modern natural gas, nuclear, and renewable energy sources. Entergy gives back over $100 million yearly to communities through donations, volunteer work, and advocacy.
After storms, Entergy warns people to avoid downed power lines and flooded areas. Entering standing water or debris fields can be dangerous, as energized power lines might be hidden from view.
Institutional Investors Adjust Holdings
Institutional investors have been reshuffling their Entergy holdings. CalPERS slashed its Entergy stake in Q3, according to SEC filings.
CalPERS dumped 236,393 shares—a 14.5% cut—leaving it with 1,388,861 shares worth about $129.43 million. That's 0.31% of Entergy's total shares.
Other big investors made moves too. Physician Wealth Advisors bumped up its stake 56.9% by buying 115 more shares for a total of 317 worth $30,000. Hantz Financial Services more than doubled its stake, adding 194 shares to reach 323 worth $30,000. Capital A Wealth Management exploded its position by 5,466.7% in Q2, buying 328 shares to reach 334 worth $28,000.
JFS Wealth Advisors grew its stake 46.1% in Q3, picking up 130 shares for a total of 412 worth $38,000. Ameritas Advisory Services raised its stake 44.4%, adding 128 shares to own 416 worth $39,000. Big institutional investors and hedge funds control 88.07% of Entergy.
Insider Trading and Stock Performance
Entergy's Executive Vice President John C. Dinelli dumped 5,372 shares on Friday, February 20. He got $103.95 per share, pocketing $558,419.40 total. After the sale, Dinelli still held 23,609 shares worth about $2.45 million. The sale cut his stake by 18.54%, per SEC filings. Insiders own just 0.47% of the company.
Entergy stock opened at $105.56 Monday. The company's worth $47.82 billion with a P/E of 27.00 and P/E/G of 2.09. Beta's 0.64. Quick ratio: 0.51. Current ratio: 0.74. Debt-to-equity: 1.65. The 50-day average is $99.61; the 200-day is $95.55.
The company's stock has a 52-week low of $82.50.