BI Asset Management Fondsmaeglerselskab A S raised its holdings in Duke Energy Corporation (NYSE:DUK – Free Report) by 67.4% during the third quarter, Holdings Channel reports. The institutional investor owned 51,448 shares of the utilities provider’s stock after buying an additional 20,714 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Duke Energy were worth $6,367,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in DUK. Pflug Koory LLC boosted its holdings in shares of Duke Energy by 3.0% in the 3rd quarter. Pflug Koory LLC now owns 2,694 shares of the utilities provider’s stock valued at $333,000 after buying an additional 79 shares in the last quarter. WealthShield Partners LLC grew its holdings in shares of Duke Energy by 0.3% during the second quarter. WealthShield Partners LLC now owns 25,453 shares of the utilities provider’s stock worth $3,003,000 after purchasing an additional 80 shares during the last quarter. Cypress Wealth Services LLC increased its position in shares of Duke Energy by 1.7% during the third quarter. Cypress Wealth Services LLC now owns 5,048 shares of the utilities provider’s stock worth $625,000 after purchasing an additional 82 shares in the last quarter. EWA LLC lifted its holdings in shares of Duke Energy by 3.9% in the 3rd quarter. EWA LLC now owns 2,203 shares of the utilities provider’s stock valued at $273,000 after purchasing an additional 82 shares during the last quarter. Finally, Private Wealth Asset Management LLC boosted its position in shares of Duke Energy by 6.4% in the 2nd quarter. Private Wealth Asset Management LLC now owns 1,408 shares of the utilities provider’s stock valued at $166,000 after purchasing an additional 85 shares during the period. 65.31% of the stock is owned by institutional investors and hedge funds.
Duke Energy Stock Down 1.2%
Shares of NYSE DUK opened at $121.91 on Friday. The firm’s 50-day moving average is $118.04 and its two-hundred day moving average is $121.61. The company has a market capitalization of $94.80 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 2.68 and a beta of 0.51. Duke Energy Corporation has a 12-month low of $110.51 and a 12-month high of $130.03. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.63 and a quick ratio of 0.40.
Duke Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 13th will be given a $1.065 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $4.26 dividend on an annualized basis and a dividend yield of 3.5%. Duke Energy’s payout ratio is currently 66.98%.
Analyst Upgrades and Downgrades
DUK has been the subject of a number of recent research reports. Mizuho increased their price target on shares of Duke Energy from $132.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, October 27th. Wells Fargo & Company decreased their target price on shares of Duke Energy from $126.00 to $115.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 20th. Scotiabank boosted their price target on Duke Energy from $137.00 to $146.00 and gave the company a “sector outperform” rating in a research report on Tuesday, December 16th. The Goldman Sachs Group increased their price objective on Duke Energy from $138.00 to $141.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Finally, Royal Bank Of Canada dropped their target price on Duke Energy from $143.00 to $140.00 and set a “sector perform” rating on the stock in a report on Friday, January 23rd. Eleven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $134.50.
Duke Energy News Roundup
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Record winter power demand supports near‑term revenue and highlights resilience in core electric sales, which can help offset margin pressure. Duke Energy experiences record-breaking demand during winter storms
- Positive Sentiment: Duke Energy Foundation is investing $500,000 in North Carolina community colleges to strengthen the energy workforce — a long‑term positive for operations and hiring pipeline. Duke Energy invests $500,000 in North Carolina community colleges to strengthen energy workforce pipeline
- Positive Sentiment: Fortune again named Duke among the world’s most admired companies, which supports reputation and investor confidence around governance and culture. Duke Energy again named by Fortune one of World’s Most Admired Companies™
- Positive Sentiment: Analysts maintain a constructive view (average “Moderate Buy”), which can provide support if earnings meet expectations. Duke Energy Corporation (NYSE:DUK) Given Average Rating of “Moderate Buy” by Analysts
- Neutral Sentiment: Duke is entering negotiations with Clearwater on a possible new service agreement — a routine commercial development that could be revenue‑neutral or accretive depending on terms. Clearwater and Duke Energy begin negotiations on possible new service agreement
- Neutral Sentiment: Coverage explaining where bill donations go and charity programs increases transparency and community goodwill but has limited direct stock impact. Where your Duke Energy bill donation goes
- Neutral Sentiment: Previews note Q4 EPS may decline ~9% year‑over‑year despite revenue growth and resilient demand; that mixed outlook makes the upcoming results a key stock catalyst. Duke Energy to Release Q4 Earnings: How to Approach the Stock Now?
- Negative Sentiment: Shares are under pressure as the stock fell while the broader market rose, pointing to sector rotation or investor caution ahead of earnings and regulatory items. Duke Energy (DUK) stock sinks as market gains: What you should know
- Negative Sentiment: Regulatory/customer friction: some customers reacted negatively to Duke’s request to conserve energy during Carbon Plan proceedings — potential PR and regulatory risk if public pushback grows. Customers react to Duke’s request to conserve energy during Carbon Plan proceedings
- Negative Sentiment: Weather risk: Duke is preparing for potential power outages from high winds this weekend — outage restoration costs and service disruptions could pressure near‑term results. Duke Energy prepares for potential power outages due to high winds this weekend
Insider Buying and Selling
In other news, EVP Robert Alexander Glenn sold 8,200 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $123.80, for a total transaction of $1,015,160.00. Following the completion of the transaction, the executive vice president owned 11,367 shares of the company’s stock, valued at $1,407,234.60. This represents a 41.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.14% of the stock is owned by company insiders.
Duke Energy Profile
Duke Energy Corporation is a U.S.-based electric power holding company headquartered in Charlotte, North Carolina. The company’s core business is the generation, transmission and distribution of electricity to residential, commercial and industrial customers. Duke Energy operates a mix of regulated electric utilities and non-regulated energy businesses, providing essential energy infrastructure and services across multiple states.
Its operating activities include owning and operating generation assets across a portfolio that encompasses nuclear, natural gas, coal, hydroelectric and an expanding array of renewable resources, as well as battery storage and grid modernization projects.
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