Mather Group LLC. increased its stake in Duke Energy Corporation (NYSE:DUK – Free Report) by 81.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 64,668 shares of the utilities provider’s stock after purchasing an additional 29,119 shares during the period. Mather Group LLC.’s holdings in Duke Energy were worth $7,373,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Basso Capital Management L.P. acquired a new stake in Duke Energy during the fourth quarter worth about $25,000. IAG Wealth Partners LLC increased its holdings in Duke Energy by 154.6% in the 1st quarter. IAG Wealth Partners LLC now owns 275 shares of the utilities provider’s stock valued at $36,000 after buying an additional 167 shares during the period. Evergreen Advisors LLC bought a new position in Duke Energy in the 1st quarter valued at about $36,000. Dynamic Wealth Strategies LLC acquired a new position in shares of Duke Energy in the 1st quarter valued at approximately $38,000. Finally, Millstone Evans Group LLC raised its position in shares of Duke Energy by 53.1% in the 1st quarter. Millstone Evans Group LLC now owns 297 shares of the utilities provider’s stock valued at $39,000 after buying an additional 103 shares in the last quarter. Institutional investors and hedge funds own 65.31% of the company’s stock.
Duke Energy Stock Performance
Duke Energy stock opened at $118.91 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.66 and a debt-to-equity ratio of 1.47. The stock has a market cap of $92.71 billion, a PE ratio of 17.85, a P/E/G ratio of 2.79 and a beta of 0.36. Duke Energy Corporation has a 12-month low of $112.40 and a 12-month high of $134.49. The business’s 50-day moving average price is $119.02 and its two-hundred day moving average price is $123.80.
Duke Energy (NYSE:DUK – Get Free Report) last posted its earnings results on Monday, August 3rd. The utilities provider reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.13. Duke Energy had a net margin of 15.78% and a return on equity of 9.78%. The firm had revenue of $7.59 billion during the quarter, compared to analysts’ expectations of $7.66 billion. During the same quarter in the prior year, the business earned $1.25 earnings per share. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. As a group, analysts expect that Duke Energy Corporation will post 6.71 earnings per share for the current fiscal year.
Duke Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Friday, November 13th will be paid a $1.0850 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $4.34 annualized dividend and a yield of 3.6%. Duke Energy’s dividend payout ratio is presently 65.17%.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on DUK shares. BTIG Research reiterated a “buy” rating on shares of Duke Energy in a research report on Thursday, July 23rd. Mizuho set a $136.00 price objective on shares of Duke Energy in a research note on Wednesday, August 5th. Truist Financial lowered their price objective on shares of Duke Energy from $135.00 to $130.00 and set a “buy” rating for the company in a research report on Monday. Barclays lowered their price objective on shares of Duke Energy from $132.00 to $124.00 and set an “overweight” rating for the company in a research report on Friday, October 9th. Finally, Morgan Stanley reduced their target price on Duke Energy from $133.00 to $127.00 and set an “equal weight” rating on the stock in a report on Friday, September 18th. Nine research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $132.73.
Get Our Latest Research Report on Duke Energy
Trending Headlines about Duke Energy
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: North Carolina officials described Duke Energy’s proposed large-load tariff for data centers as a “massive step forward.” The tariff could help ensure that large new customers bear the costs of infrastructure and electricity demand, limiting potential risks to residential customers and supporting Duke’s long-term growth. North Carolina officials respond to Duke Energy tariff proposal
- Positive Sentiment: Analysts’ average price target for DUK is reported at $133.38, above the stock’s recent trading level, suggesting continued potential upside. Duke Energy average price target
- Neutral Sentiment: Duke Energy recently outperformed the broader market in one session, rising 1.23% to $119.64, but the move was reported as market-performance commentary rather than a company-specific fundamental development. Duke Energy rises despite market decline
- Negative Sentiment: KeyCorp lowered its 2026 EPS forecast to $6.64 from $6.70 and cut its estimates for both the third quarter, to $1.88 from $1.99, and the fourth quarter, to $1.43 from $1.57. The revisions fall below the $6.72 full-year consensus and may weigh on investor sentiment, despite KeyCorp maintaining an “Overweight” rating and a $128 target.
- Negative Sentiment: JPMorgan Chase also reduced its price target for Duke Energy, adding to the recent analyst caution. KeyBanc previously cut its target to $128 from $139, reinforcing concerns about more limited near-term upside. JPMorgan cuts Duke Energy price target
Duke Energy Company Profile
Duke Energy Corporation (NYSE: DUK) is an energy holding company that operates regulated electric and natural gas utilities in the United States. Its electric utilities generate, transmit, distribute and sell electricity to residential, commercial, industrial and other customers.
The company serves customers across the Carolinas, Florida, Indiana, Ohio and Kentucky. Duke Energy also operates natural gas utilities and related infrastructure in several states, including North Carolina, South Carolina, Ohio, Kentucky and Tennessee.
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