KMG Fiduciary Partners LLC Cuts Stock Holdings in Duke Energy Corporation $DUK

Posted by Geri Gentry on Aug 11th, 2026

KMG Fiduciary Partners LLC cut its stake in Duke Energy Corporation (NYSE:DUK – Free Report) by 19.3% in the second quarter, HoldingsChannel reports. The firm owned 50,129 shares of the utilities provider’s stock after selling 11,995 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Duke Energy were worth $6,345,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. World Investment Advisors lifted its stake in Duke Energy by 62.7% during the fourth quarter. World Investment Advisors now owns 42,680 shares of the utilities provider’s stock worth $5,003,000 after purchasing an additional 16,450 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in Duke Energy by 22.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 132,530 shares of the utilities provider’s stock valued at $15,534,000 after purchasing an additional 24,497 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Duke Energy by 29.3% during the fourth quarter. Farther Finance Advisors LLC now owns 53,861 shares of the utilities provider’s stock worth $6,313,000 after purchasing an additional 12,219 shares in the last quarter. Meritage Portfolio Management acquired a new stake in Duke Energy during the fourth quarter worth approximately $4,018,000. Finally, SBI Okasan Asset Management Co.Ltd. purchased a new stake in shares of Duke Energy during the 4th quarter worth approximately $1,316,000. 65.31% of the stock is owned by institutional investors and hedge funds.

Duke Energy Price Performance

Duke Energy stock opened at $120.98 on Tuesday. Duke Energy Corporation has a 12 month low of $113.89 and a 12 month high of $134.49. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.66 and a quick ratio of 0.43. The business has a 50 day simple moving average of $125.64 and a 200-day simple moving average of $126.44. The stock has a market capitalization of $94.33 billion, a PE ratio of 18.17, a price-to-earnings-growth ratio of 2.75 and a beta of 0.38.

Duke Energy (NYSE:DUK – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.13. The firm had revenue of $7.59 billion for the quarter, compared to analyst estimates of $7.66 billion. Duke Energy had a net margin of 15.78% and a return on equity of 9.78%. Duke Energy’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period last year, the firm posted $1.25 EPS. Duke Energy has set its FY 2026 guidance at 6.550-6.800 EPS. Equities analysts predict that Duke Energy Corporation will post 6.72 earnings per share for the current year.

Duke Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Friday, August 14th will be issued a $1.085 dividend. The ex-dividend date of this dividend is Friday, August 14th. This is a positive change from Duke Energy’s previous quarterly dividend of $1.06. This represents a $4.34 annualized dividend and a dividend yield of 3.6%. Duke Energy’s payout ratio is presently 63.96%.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of Duke Energy from $136.00 to $141.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Truist Financial upped their price objective on shares of Duke Energy from $137.00 to $138.00 and gave the company a “buy” rating in a research note on Friday, July 17th. BTIG Research reaffirmed a “buy” rating on shares of Duke Energy in a report on Thursday, July 23rd. Wells Fargo & Company lifted their target price on Duke Energy from $135.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Monday, April 20th. Finally, BMO Capital Markets reduced their target price on Duke Energy from $134.00 to $132.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th. Ten research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $138.44.

View Our Latest Analysis on DUK

Duke Energy News Summary

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

Positive Sentiment: Extreme heat in North Carolina pushed cooling demand 43% above normal, while Duke Energy urged customers to reduce usage during demand spikes. Elevated consumption could support near-term electricity sales, although the requests also highlight grid and affordability pressures. North Carolina heat sends cooling demand 43% above normal
Positive Sentiment: Duke lowered its requested rate increase for Eastern North Carolina and the Asheville area before regulators. A smaller request may improve the chances of approval and reduce political resistance, while still allowing recovery of infrastructure and operating costs. Duke Energy lowers rate increase ask
Neutral Sentiment: Another proposed Duke rate hike is returning to regulators as hot weather increases demand. Regulatory approval could support revenue, but customer-bill increases remain politically sensitive and could be reduced or delayed. Duke Energy rate hike heads back before regulators
Neutral Sentiment: Clearwater abandoned a proposed Duke Energy buyout, and Florida TaxWatch urged St. Petersburg to take a similar approach. The developments reduce near-term transaction uncertainty but could complicate Duke’s municipal-relationship and growth outlook in Florida. Florida TaxWatch applauds Clearwater buyout decision
Negative Sentiment: Duke announced a $1.75 billion equity-units offering, consisting of contracts to purchase common stock and interests in senior notes. The financing supports capital investment but increases financing costs and introduces potential future share dilution, making it the clearest near-term headwind for DUK. Duke Energy announces equity units offering
Negative Sentiment: Industry discussion about retreating from wind in favor of natural gas raises longer-term fuel-price, regulatory and transition risks for utilities. Greater dependence on gas could expose Duke and its customers to commodity-price volatility. America’s wind retreat and natural gas dependence

About Duke Energy

(Free Report)

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.