Lido Advisors LLC increased its position in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 5.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 101,238 shares of the utilities provider’s stock after acquiring an additional 5,332 shares during the period. Lido Advisors LLC’s holdings in Duke Energy were worth $11,542,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp bought a new position in Duke Energy in the second quarter valued at about $605,680,000. Janus Henderson Group PLC grew its holdings in shares of Duke Energy by 5,254.4% during the first quarter. Janus Henderson Group PLC now owns 2,735,816 shares of the utilities provider’s stock worth $358,227,000 after purchasing an additional 2,684,721 shares during the last quarter. Swiss National Bank grew its holdings in shares of Duke Energy by 7.1% during the first quarter. Swiss National Bank now owns 2,282,341 shares of the utilities provider’s stock worth $298,850,000 after purchasing an additional 151,400 shares during the last quarter. National Pension Service increased its stake in shares of Duke Energy by 1.8% in the second quarter. National Pension Service now owns 2,124,004 shares of the utilities provider’s stock valued at $268,856,000 after buying an additional 36,835 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Duke Energy by 2.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,092,284 shares of the utilities provider’s stock valued at $273,979,000 after buying an additional 58,967 shares during the period. Institutional investors and hedge funds own 65.31% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on DUK shares. HSBC assumed coverage on shares of Duke Energy in a report on Thursday, October 22nd. They issued a “hold” rating and a $123.00 price objective for the company. BMO Capital Markets reduced their target price on shares of Duke Energy from $134.00 to $132.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. JPMorgan Chase & Co. decreased their price target on shares of Duke Energy from $137.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday, October 13th. BTIG Research reaffirmed a “buy” rating on shares of Duke Energy in a research note on Thursday, July 23rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Duke Energy in a report on Thursday, October 29th. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, Duke Energy has an average rating of “Moderate Buy” and an average target price of $132.19.
Get Our Latest Research Report on Duke Energy
Insider Buying and Selling
In related news, EVP Bonnie Titone sold 2,900 shares of the company’s stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $128.00, for a total value of $371,200.00. Following the sale, the executive vice president directly owned 26,111 shares in the company, valued at $3,342,208. This represents a 10.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.12% of the stock is owned by insiders.
Duke Energy Stock Down 0.1%
Shares of DUK opened at $128.75 on Thursday. The stock’s 50-day moving average price is $120.35 and its two-hundred day moving average price is $124.67. Duke Energy Corporation has a 12 month low of $112.40 and a 12 month high of $134.49. The company has a market capitalization of $100.39 billion, a PE ratio of 18.82, a PEG ratio of 3.00 and a beta of 0.33. The company has a current ratio of 0.68, a quick ratio of 0.44 and a debt-to-equity ratio of 1.49.
Duke Energy (NYSE:DUK – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The utilities provider reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.13. The company had revenue of $9.10 billion during the quarter, compared to analysts’ expectations of $8.91 billion. Duke Energy had a return on equity of 9.82% and a net margin of 15.94%. The business’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.81 earnings per share. On average, analysts anticipate that Duke Energy Corporation will post 6.73 EPS for the current year.
Duke Energy Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Friday, November 13th will be issued a $1.0850 dividend. The ex-dividend date is Friday, November 13th. This represents a $4.34 annualized dividend and a yield of 3.4%. Duke Energy’s dividend payout ratio is presently 63.45%.
Top Duke Energy Stories
These are some of the DUK stories that stood out recently:
- Positive Sentiment: Duke Energy Florida has filed plans for four solar sites, targeted for completion by mid-2028, and says they could save customers about $1 billion. The proposal adds to the company’s clean-energy investment plans, though the projects are not yet built. Article: Duke Energy Florida plans 4 new solar energy sites to deliver $1B in customer savings
- Positive Sentiment: North Carolina’s agreement on data-center customer protections may help Duke pursue electricity demand from data centers while addressing concerns about costs for other customers. Separately, forecasts of record U.S. power demand as AI use grows provide a potential longer-term growth tailwind for utilities. Article: Duke Energy Reaches Agreement on Data Center Customer Protections in North Carolina Article: US power demand to beat record highs in 2026 and 2027 as AI use surges, EIA says
- Negative Sentiment: Florida regulators rejected Duke Energy’s proposal for handling costs tied to data centers, citing risks to consumers. The decision could limit or complicate cost recovery and adds uncertainty to the company’s plans to serve data-center growth in the state. Article: Florida regulators reject Duke Energy data center cost plan
Duke Energy Company Profile
Duke Energy is a U.S. energy company focused primarily on regulated electric utilities and natural gas distribution. Its businesses generate, transmit and distribute electricity, and provide natural gas service to residential, commercial and industrial customers. The company serves electric customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. Its natural gas distribution operations serve customers in several states, including North Carolina, South Carolina, Ohio, Kentucky and Tennessee.
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