Saudi Central Bank Has $6.89 Million Position in Duke Energy Corporation $DUK

Posted by Geri Gentry on Sep 6th, 2026

Saudi Central Bank raised its position in Duke Energy Corporation (NYSE:DUK – Free Report) by 89.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,475 shares of the utilities provider’s stock after purchasing an additional 25,771 shares during the quarter. Saudi Central Bank’s holdings in Duke Energy were worth $6,895,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp bought a new stake in shares of Duke Energy in the 2nd quarter valued at approximately $605,680,000. Janus Henderson Group PLC raised its position in 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 valued at $358,227,000 after acquiring an additional 2,684,721 shares in the last quarter. Cullen Capital Management LLC acquired a new stake in Duke Energy in the second quarter valued at approximately $244,731,000. Amundi lifted its stake in Duke Energy by 56.9% in the fourth quarter. Amundi now owns 2,662,460 shares of the utilities provider’s stock valued at $312,067,000 after acquiring an additional 965,808 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Duke Energy by 13.1% in the fourth quarter. Franklin Resources Inc. now owns 8,236,893 shares of the utilities provider’s stock worth $965,446,000 after acquiring an additional 954,907 shares in the last quarter. 65.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DUK has been the topic of several analyst reports. Evercore increased their price target on shares of Duke Energy from $139.00 to $140.00 in a research note on Monday, May 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Duke Energy in a report on Friday, July 31st. Mizuho set a $136.00 target price on shares of Duke Energy in a research report on Wednesday, August 5th. BTIG Research reissued a “buy” rating on shares of Duke Energy in a research report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. raised their target price on Duke Energy from $136.00 to $141.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, Duke Energy has a consensus rating of “Moderate Buy” and a consensus target price of $137.94.

Check Out Our Latest Stock Report on DUK

More Duke Energy News

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

Duke Energy Trading Down 1.1%

NYSE:DUK opened at $120.11 on Friday. The company’s 50 day moving average is $124.76 and its 200-day moving average is $126.45. The company has a quick ratio of 0.43, a current ratio of 0.66 and a debt-to-equity ratio of 1.47. Duke Energy Corporation has a 12 month low of $113.89 and a 12 month high of $134.49. The firm has a market cap of $93.65 billion, a price-to-earnings ratio of 18.03, a P/E/G ratio of 2.80 and a beta of 0.37.

Duke Energy (NYSE:DUK – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.13. The business had revenue of $7.59 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.25 EPS. Equities analysts anticipate that Duke Energy Corporation will post 6.72 EPS for the current year.

Duke Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Friday, August 14th will be paid a $1.085 dividend. The ex-dividend date is Friday, August 14th. This is a boost from Duke Energy’s previous quarterly dividend of $1.06. This represents a $4.34 dividend on an annualized basis and a dividend yield of 3.6%. Duke Energy’s dividend payout ratio is presently 65.17%.

Duke Energy Profile

(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.