Lido Advisors LLC Grows Stock Position in Duke Energy Corporation $DUK

Lido Advisors LLC raised its position in Duke Energy Corporation (NYSE:DUK) by 8.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,891 shares of the utilities provider’s stock after acquiring an additional 5,021 shares during the quarter. Lido Advisors LLC’s holdings in Duke Energy were worth $8,105,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Basso Capital Management L.P. purchased a new position in shares of Duke Energy in the fourth quarter valued at $25,000. Dorato Capital Management purchased a new stake in Duke Energy during the 4th quarter worth $26,000. Evolution Wealth Management Inc. increased its stake in Duke Energy by 1,111.1% during the 4th quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock worth $26,000 after buying an additional 200 shares during the period. Triumph Capital Management lifted its holdings in Duke Energy by 68.6% in the 4th quarter. Triumph Capital Management now owns 231 shares of the utilities provider’s stock worth $27,000 after buying an additional 94 shares in the last quarter. Finally, Cornerstone Financial Management LLC acquired a new position in Duke Energy in the 4th quarter worth $28,000. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on DUK shares. Barclays lowered their target price on Duke Energy from $143.00 to $134.00 and set an “overweight” rating for the company in a research note on Thursday, June 18th. Truist Financial boosted their price target on Duke Energy from $137.00 to $138.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Duke Energy in a report on Monday, May 4th. Jefferies Financial Group lowered their price objective on Duke Energy from $143.00 to $138.00 in a research note on Monday, May 11th. Finally, Morgan Stanley set a $138.00 price objective on Duke Energy in a report on Wednesday. Ten research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, Duke Energy currently has an average rating of “Moderate Buy” and a consensus target price of $138.62.

Insider Buying and Selling

In other news, CEO Harry K. Sideris sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $124.37, for a total value of $2,487,400.00. Following the completion of the sale, the chief executive officer directly owned 96,102 shares in the company, valued at approximately $11,952,205.74. The trade was a 17.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Louis E. Renjel sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $125.15, for a total value of $438,025.00. Following the sale, the chief executive officer directly owned 21,415 shares in the company, valued at approximately $2,680,087.25. This represents a 14.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.12% of the company’s stock.

Key Duke Energy News

Here are the key news stories impacting Duke Energy this week:

• Positive Sentiment: KeyCorp reiterated an Overweight rating on Duke Energy and raised its longer-term earnings outlook, nudging up FY2027, FY2028, and FY2029 EPS estimates. The firm also kept a $139 price target, suggesting confidence in Duke’s earnings growth trajectory.
• Positive Sentiment: Duke Energy unveiled its Customer Protection Plus framework, designed to support rapid data center-driven power demand while aiming to deliver billions in customer savings. Investors may view this as a constructive way to monetize infrastructure growth without triggering excessive pushback from customers. Duke Energy (DUK) Unveils Customer Savings Plan To Back Data Center Growth
• Positive Sentiment: The company also announced a higher quarterly dividend, reinforcing Duke Energy’s appeal as an income stock and helping attract dividend-focused investors. Can Duke Energy (DUK) Justify Its Price As Its Higher Dividend Draws Attention?
• Neutral Sentiment: North Carolina leaders and regulators are pressuring Duke Energy to make its federal data-center pledge legally binding. This could support accountability and customer trust, but it also raises regulatory scrutiny around future growth plans.
• Negative Sentiment: Regulatory criticism of Duke’s proposed rate increases remains a headwind, with North Carolina’s attorney general saying the lowered request is still too high. That could add pressure to future profitability if rate approvals become more difficult.

Duke Energy Price Performance

Shares of DUK stock opened at $130.54 on Friday. The firm has a fifty day moving average of $125.30 and a two-hundred day moving average of $125.79. The firm has a market cap of $101.77 billion, a P/E ratio of 19.99, a P/E/G ratio of 2.85 and a beta of 0.38. Duke Energy Corporation has a 1-year low of $113.89 and a 1-year high of $134.49. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.66 and a quick ratio of 0.44.

Duke Energy (NYSE:DUK) last issued its earnings results on Monday, May 4th. The utilities provider reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $0.06. Duke Energy had a net margin of 15.49% and a return on equity of 9.73%. The business had revenue of $9.18 billion for the quarter, compared to analyst estimates of $8.44 billion. During the same quarter in the prior year, the business posted $1.76 EPS. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. As a group, research analysts anticipate that Duke Energy Corporation will post 6.72 earnings per share for the current fiscal year.

Duke Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be paid a dividend of $1.085 per share. The ex-dividend date is Friday, August 14th. This is an increase from Duke Energy’s previous quarterly dividend of $1.06. This represents a $4.34 annualized dividend and a yield of 3.3%. Duke Energy’s payout ratio is currently 66.46%.

Duke Energy Company 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.