Bank of Montreal Can Trims Entergy Corporation Stake

The institutional investor sold 20,585 shares of the utilities provider in the third quarter.

Mar. 13, 2026 at 7:27am

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Bank of Montreal Can, an institutional investor, trimmed its position in Entergy Corporation (NYSE:ETR) by 3.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm now owns 638,478 shares of the utilities provider's stock, valued at $59,500,000.

Why it matters

Institutional investors like Bank of Montreal Can closely monitor and adjust their holdings in major companies like Entergy. This provides insight into how large investors view the utility's performance and future prospects.

The details

Bank of Montreal Can sold 20,585 shares of Entergy Corporation in the third quarter, reducing its overall stake in the company. The firm now owns approximately 0.14% of Entergy's outstanding shares.

  • Bank of Montreal Can filed its 13F report for the 3rd quarter of 2026.

The players

Bank of Montreal Can

An institutional investor and asset management firm.

Entergy Corporation

A major U.S. utility company that generates, transmits and distributes electricity across parts of Arkansas, Louisiana, Mississippi and southeast Texas.

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The takeaway

The reduction in Bank of Montreal Can's Entergy stake, while relatively small, provides a data point on how one major institutional investor views the utility's outlook. Investors will likely continue to monitor similar filings from large funds for insights into Entergy's performance.