Capital Group Private Client Services Inc. Reduces Entergy Corporation Holdings

The investment firm decreased its stake in the utility company by 87.7% in the third quarter.

Mar. 11, 2026 at 8:11am

Capital Group Private Client Services Inc. decreased its position in Entergy Corporation (NYSE:ETR) by 87.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 67,846 shares of the utilities provider's stock after selling 485,946 shares during the period. Capital Group Private Client Services Inc.'s holdings in Entergy were worth $6,323,000 at the end of the most recent quarter.

Why it matters

This filing provides insight into the investment decisions of Capital Group Private Client Services Inc., a major institutional investor. The significant reduction in Entergy holdings suggests the firm may have a bearish outlook on the utility company or is rebalancing its portfolio for other reasons.

The details

Capital Group Private Client Services Inc. decreased its position in Entergy Corporation by selling 485,946 shares during the third quarter. This reduced the firm's total holdings in Entergy to 67,846 shares, worth $6,323,000 at the end of the quarter.

  • Capital Group Private Client Services Inc. filed the 13F report detailing the changes in its Entergy holdings on March 11, 2026.

The players

Capital Group Private Client Services Inc.

An investment management firm that provides wealth management services to private clients.

Entergy Corporation

An integrated energy company that generates, transmits, and distributes electricity, headquartered in New Orleans, Louisiana.

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The takeaway

This filing highlights the changing investment strategies of major institutional investors and the potential impact on the performance of individual stocks like Entergy Corporation.