Mitsubishi UFJ Asset Management Boosts Entergy Stake

Investment firm increases holdings in utility company by 6.2%

Feb. 28, 2026 at 11:00am

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Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Entergy Corporation (NYSE:ETR) by 6.2% in the third quarter, according to a recent SEC filing. The investment firm now owns 890,242 shares of the utilities provider's stock, worth approximately $82.9 million.

Why it matters

This move by a major institutional investor signals continued confidence in Entergy's long-term prospects. As a large utility serving customers across several states, Entergy's performance is closely watched by the investment community.

The details

Mitsubishi UFJ Asset Management acquired an additional 51,681 shares of Entergy during the third quarter. The firm now owns about 0.20% of Entergy's total outstanding shares. Other large investors have also been increasing their positions in Entergy, with Citizens Business Bank, MAI Capital Management, and JFS Wealth Advisors among those adding to their stakes recently.

  • Mitsubishi UFJ Asset Management increased its Entergy holdings in the third quarter of 2026.

The players

Mitsubishi UFJ Asset Management Co. Ltd.

A Japanese asset management firm that has increased its stake in Entergy Corporation.

Entergy Corporation

A major U.S. utility company that generates, transmits, and distributes electricity to customers across Arkansas, Louisiana, Mississippi, and Texas.

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The takeaway

Mitsubishi UFJ Asset Management's increased investment in Entergy reflects the utility's strong fundamentals and growth potential. As a large, diversified energy provider, Entergy's performance is seen as an indicator of the broader utility sector's health.