10 Best Electrical Infrastructure Stocks to Buy According to Hedge Funds

7. Entergy Corporation (NYSE:ETR) 

Number of Hedge Fund Holders: 50

Entergy Corporation (NYSE:ETR) delivers electricity and gas services to 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas.

Entergy Corporation (NYSE:ETR) reported its Q1 2026 results on February 29, with the company’s adjusted EPS of $0.86 slightly above estimates by $0.02, driven by customer investments, regulatory actions, and offset by higher depreciation, taxes other than income taxes, and interest expense from capital expenditures. The utility’s Industrial sales growth was very strong at 15%, while overall retail sales grew by 6%.

Entergy Corporation (NYSE:ETR) reaffirmed its 2026 adjusted EPS guidance range of $4.25 to $4.45. Moreover, the company increased its long-term adjusted EPS outlooks, raising its 2027 outlook by $0.20 and its 2029 outlook by $0.50 to $6.40 per share. This is driven by an expected 8.5% compound annual retail sales growth through 2029, including a compound annual industrial growth of 16%.

Entergy Corporation (NYSE:ETR) also bumped up its four-year capital plan by $14 billion to $57 billion, primarily due to a new Electric Service Agreement that the company signed with Meta for another data center in North Louisiana. The investment includes seven new combined cycle units, transmission infrastructure, and battery storage facilities.