Duke Energy (NYSE:DUK) Price Target Raised to $142.00

Duke Energy (NYSE:DUK) had its price target raised by stock analysts at The Goldman Sachs Group from $141.00 to $142.00 in a report released on Wednesday,MarketScreener reports. The brokerage currently has a “buy” rating on the utilities provider’s stock. The Goldman Sachs Group’s price target would indicate a potential upside of 12.22% from the stock’s previous close.

DUK has been the subject of a number of other reports. UBS Group cut their target price on Duke Energy from $135.00 to $126.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. BMO Capital Markets reiterated an “outperform” rating and issued a $136.00 target price on shares of Duke Energy in a report on Wednesday. Wells Fargo & Company cut their price target on shares of Duke Energy from $126.00 to $115.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 20th. Royal Bank Of Canada reduced their price target on shares of Duke Energy from $143.00 to $140.00 and set a “sector perform” rating for the company in a research report on Friday, January 23rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Duke Energy in a research report on Monday, December 29th. Eleven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $134.19.

Duke Energy Trading Up 1.1%

Duke Energy stock opened at $126.54 on Wednesday. Duke Energy has a 52-week low of $110.51 and a 52-week high of $130.03. The company has a quick ratio of 0.40, a current ratio of 0.55 and a debt-to-equity ratio of 1.54. The firm has a market capitalization of $98.40 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 2.69 and a beta of 0.51. The firm has a 50-day moving average price of $118.27 and a two-hundred day moving average price of $121.69.

Duke Energy (NYSE:DUK) last released its quarterly earnings results on Tuesday, February 10th. The utilities provider reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. Duke Energy had a return on equity of 9.66% and a net margin of 15.41%.The company had revenue of $7.94 billion for the quarter, compared to analysts’ expectations of $7.57 billion. During the same quarter in the previous year, the company posted $1.66 earnings per share. Duke Energy has set its FY 2026 guidance at 6.550-6.800 EPS. Sell-side analysts expect that Duke Energy will post 6.33 earnings per share for the current year.

Insider Activity

In related news, EVP Robert Alexander Glenn sold 8,200 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $123.80, for a total value of $1,015,160.00. Following the completion of the sale, the executive vice president directly owned 11,367 shares in the company, valued at approximately $1,407,234.60. This represents a 41.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.14% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in DUK. Dorato Capital Management acquired a new stake in Duke Energy during the fourth quarter worth about $26,000. Evolution Wealth Management Inc. boosted its stake in Duke Energy by 1,111.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock worth $26,000 after buying an additional 200 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in Duke Energy in the 3rd quarter valued at $27,000. Legacy Investment Solutions LLC acquired a new position in shares of Duke Energy in the 2nd quarter valued at $28,000. Finally, Lodestone Wealth Management LLC bought a new position in shares of Duke Energy during the 4th quarter worth about $30,000. 65.31% of the stock is owned by institutional investors.

About Duke Energy

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.