Kestra Advisory Services LLC raised its holdings in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 14.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 236,001 shares of the utilities provider’s stock after purchasing an additional 29,641 shares during the period. Kestra Advisory Services LLC’s holdings in Duke Energy were worth $26,906,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Evergreen Advisors LLC bought a new position in shares of Duke Energy during the first quarter valued at $36,000. Livelsberger Financial Advisory purchased a new stake in shares of Duke Energy during the third quarter valued at $31,000. Compass Wealth Management LLC bought a new stake in Duke Energy in the 3rd quarter worth about $33,000. Dynamic Wealth Strategies LLC bought a new stake in Duke Energy in the 1st quarter worth about $38,000. Finally, Gill Capital Partners LLC raised its position in Duke Energy by 128.9% in the 2nd quarter. Gill Capital Partners LLC now owns 309 shares of the utilities provider’s stock worth $39,000 after buying an additional 174 shares during the last quarter. Institutional investors own 65.31% of the company’s stock.
Key Headlines Impacting Duke Energy
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Third-quarter adjusted earnings were $1.99 per share, ahead of estimates, while revenue rose 6.6% year over year to $9.1 billion. Duke also lifted the lower end of its 2026 adjusted EPS guidance, to a range of $6.70–$6.80. Article: Duke 3Q Net Up, Boosts Lower End of 2026 Adjusted EPS View
- Positive Sentiment: Data-center demand and population growth are supporting the outlook. Duke says its large-load pipeline is about 15.4 GW and is maintaining a growth strategy backed by a $103 billion capital plan. Article: Duke Energy to stay course on data center-fueled growth plan
- Neutral Sentiment: Duke Energy Florida received approval for lower 2027 rates after using a tax approach that avoided a planned base-rate increase. Lower bills may benefit customers, while potentially limiting revenue growth. Article: Florida PSC approved request by Duke Energy Florida to reduce rates
- Negative Sentiment: The scale of the capital plan and the need for regulatory approvals create execution and financing risks. A proposed gas facility in Davidson County is also drawing community opposition, adding potential local permitting challenges. Article: Davidson County commissioners to vote on controversial Duke Energy gas facility
Duke Energy Stock Performance
DUK opened at $127.91 on Friday. The company’s 50 day moving average is $119.84 and its 200 day moving average is $124.51. The company has a current ratio of 0.68, a quick ratio of 0.43 and a debt-to-equity ratio of 1.49. The company has a market cap of $99.73 billion, a price-to-earnings ratio of 18.70, a PEG ratio of 2.98 and a beta of 0.33. Duke Energy Corporation has a 12-month low of $112.40 and a 12-month high of $134.49.
Duke Energy (NYSE:DUK – Get Free Report) last announced its earnings results on Thursday, November 5th. The utilities provider reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.13. Duke Energy had a net margin of 15.94% and a return on equity of 9.82%. The business had revenue of $9.10 billion during the quarter, compared to analysts’ expectations of $8.91 billion. During the same period in the prior year, the company earned $1.81 earnings per share. The firm’s revenue was up 6.6% on a year-over-year basis. On average, equities research analysts predict that Duke Energy Corporation will post 6.72 EPS for the current year.
Duke Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Friday, November 13th will be paid a $1.0850 dividend. This represents a $4.34 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Friday, November 13th. Duke Energy’s dividend payout ratio is 65.17%.
Insider Buying and Selling
In related news, EVP Bonnie Titone sold 2,900 shares of the firm’s stock in a transaction 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 transaction, the executive vice president directly owned 26,111 shares of the company’s stock, valued at approximately $3,342,208. This trade represents a 10.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.12% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on DUK shares. Scotiabank lowered their target price on shares of Duke Energy from $146.00 to $131.00 in a research note on Wednesday, September 30th. BTIG Research reiterated a “buy” rating on shares of Duke Energy in a research note on Thursday, July 23rd. KeyCorp decreased their price objective on shares of Duke Energy from $139.00 to $128.00 and set an “overweight” rating for the company in a report on Tuesday, October 13th. Barclays lowered their price objective on shares of Duke Energy from $132.00 to $124.00 and set an “overweight” rating on the stock in a research report on Friday, October 9th. Finally, BMO Capital Markets dropped 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. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $132.19.
Check Out Our Latest Report on DUK
Duke Energy 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.
Duke Energy’s power generation portfolio includes nuclear, natural gas, coal, hydroelectric and renewable resources.
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