Markowski Investments bought a new position in shares of Duke Energy Corporation (NYSE:DUK – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 26,866 shares of the utilities provider’s stock, valued at approximately $3,401,000. Duke Energy makes up about 0.7% of Markowski Investments’ holdings, making the stock its 29th biggest holding.
A number of other hedge funds and other institutional investors have also recently modified their holdings of DUK. Ables Iannone Moore & Associates Inc. increased its position in shares of Duke Energy by 1.2% during the second quarter. Ables Iannone Moore & Associates Inc. now owns 6,623 shares of the utilities provider’s stock valued at $838,000 after acquiring an additional 80 shares during the last quarter. Sharp Wealth Advisory LLC boosted its position in Duke Energy by 4.5% in the first quarter. Sharp Wealth Advisory LLC now owns 1,876 shares of the utilities provider’s stock worth $246,000 after purchasing an additional 81 shares during the last quarter. Absher Wealth Management LLC grew its stake in Duke Energy by 2.3% in the 1st quarter. Absher Wealth Management LLC now owns 3,648 shares of the utilities provider’s stock valued at $478,000 after purchasing an additional 81 shares during the period. A4 Wealth Advisors LLC increased its position in shares of Duke Energy by 3.3% during the 4th quarter. A4 Wealth Advisors LLC now owns 2,597 shares of the utilities provider’s stock valued at $304,000 after purchasing an additional 82 shares during the last quarter. Finally, Elm Partners Management LLC increased its position in shares of Duke Energy by 0.9% during the 4th quarter. Elm Partners Management LLC now owns 9,254 shares of the utilities provider’s stock valued at $1,085,000 after purchasing an additional 83 shares during the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.
Analysts Set New Price Targets
DUK has been the topic of a number of research analyst reports. Morgan Stanley cut their price target on shares of Duke Energy from $138.00 to $133.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. KeyCorp upgraded shares of Duke Energy from a “sector weight” rating to an “overweight” rating and set a $139.00 price objective for the company in a report on Thursday, July 23rd. Truist Financial dropped their target price on shares of Duke Energy from $138.00 to $135.00 and set a “buy” rating on the stock in a research note on Monday, August 17th. Evercore increased their target price on shares of Duke Energy from $139.00 to $140.00 in a research report on Monday, May 11th. Finally, Jefferies Financial Group decreased their price target on shares of Duke Energy from $143.00 to $138.00 in a research note on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $137.94.
Duke Energy Stock Down 1.1%
DUK stock opened at $120.11 on Friday. The stock has a fifty day moving average of $124.76 and a 200-day moving average of $126.45. Duke Energy Corporation has a fifty-two week low of $113.89 and a fifty-two week high of $134.49. The company has a market capitalization of $93.65 billion, a price-to-earnings ratio of 18.03, a PEG ratio of 2.83 and a beta of 0.37. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.43 and a current ratio of 0.66.
Duke Energy (NYSE:DUK – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.13. The business had revenue of $7.59 billion for the quarter, compared to analysts’ expectations of $7.66 billion. Duke Energy had a return on equity of 9.78% and a net margin of 15.78%.The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.25 EPS. As a group, equities research analysts predict that Duke Energy Corporation will post 6.72 earnings per share for the current year.
Duke Energy Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Friday, August 14th will be given a $1.085 dividend. This represents a $4.34 annualized dividend and a dividend yield of 3.6%. This is an increase from Duke Energy’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend is Friday, August 14th. Duke Energy’s payout ratio is presently 65.17%.
Trending Headlines about Duke Energy
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Duke Energy Florida requested lower customer rates beginning in January 2027. The filing could reduce revenue, but it may ease regulatory and political pressure related to high bills. Duke Energy Florida requests to lower rates in 2027
- Positive Sentiment: Duke’s regulated-utility model and decades of dividend increases continue to support its appeal as a defensive income investment, particularly during economic downturns. 3 Utility Dividend Stocks Built to Keep Paying in Any Economy
- Positive Sentiment: Duke upgraded its Trenton battery facility to provide backup power, supporting grid reliability and potentially strengthening the company’s long-term infrastructure strategy. Duke Energy upgrades Trenton battery facility
- Neutral Sentiment: Second-quarter earnings beat expectations at $1.43 per share, although revenue was slightly below forecasts and interest expense increased. Analysts have subsequently lowered estimates, limiting the benefit of the earnings surprise. How Duke’s Q2 2026 Earnings Beat
- Negative Sentiment: The proposed Florida rate reduction could pressure near-term revenue and earnings if approved, even as it benefits customers. Duke Energy’s Florida Utility Requests Rate Cut for 2027
- Negative Sentiment: Recent outages in North Carolina, including an incident attributed to a helicopter damaging lines, may create repair costs and renewed scrutiny of service reliability. Duke Energy said helicopter caused Cary outages
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.
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