Duke Energy Corporation $DUK Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. boosted its position in Duke Energy Corporation (NYSE:DUK) by 6.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 108,033 shares of the utilities provider’s stock after acquiring an additional 6,776 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Duke Energy were worth $13,369,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Simon Quick Advisors LLC grew its stake in Duke Energy by 42.2% during the 2nd quarter. Simon Quick Advisors LLC now owns 7,444 shares of the utilities provider’s stock worth $878,000 after buying an additional 2,210 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Duke Energy by 37.7% in the third quarter. Farther Finance Advisors LLC now owns 41,642 shares of the utilities provider’s stock valued at $5,153,000 after acquiring an additional 11,409 shares during the period. Alley Investment Management Company LLC grew its position in shares of Duke Energy by 13.0% during the third quarter. Alley Investment Management Company LLC now owns 88,018 shares of the utilities provider’s stock worth $10,892,000 after acquiring an additional 10,108 shares during the last quarter. Lockheed Martin Investment Management Co. increased its holdings in shares of Duke Energy by 11.3% in the 3rd quarter. Lockheed Martin Investment Management Co. now owns 274,630 shares of the utilities provider’s stock valued at $33,985,000 after acquiring an additional 27,820 shares during the period. Finally, Greystone Financial Group LLC raised its position in Duke Energy by 12.7% in the 3rd quarter. Greystone Financial Group LLC now owns 93,766 shares of the utilities provider’s stock valued at $11,604,000 after purchasing an additional 10,580 shares during the last quarter. Institutional investors and hedge funds 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: Dividend — Duke declared a quarterly dividend of $1.065 per share, supporting yield-seeking investors and steady income appeal. Dividend Announcement
• Positive Sentiment: Higher near-term demand from cold snap — Prolonged low temperatures across the Carolinas and a cold spell in Florida are driving higher residential heating load, which should increase near-term revenue; Duke is also promoting customer assistance programs to manage bills. Higher Energy Use Florida Cold Spell
• Positive Sentiment: Operational resilience — Duke reports restoration of power to ~150,000 North Carolina homes and is mobilizing for an upcoming winter storm; messaging that outage risk is lower for snow vs. ice may limit prolonged service disruptions and related costs. Power Restoration Outage Risk
• Neutral Sentiment: Customer scam warnings — Multiple local outlets report impersonation texts and fake outage messages targeting Duke customers; the company is warning customers and advising precautions. This is a reputational/operational nuisance but not a direct earnings driver. Scam Warning
• Negative Sentiment: Analyst cut — RBC Capital trimmed its target on Duke, which can pressure sentiment and cap near-term upside from analyst-following investors. RBC Target Trim
• Negative Sentiment: Peaker gas-plant consideration — Duke is evaluating a Rockingham County site for potential gas-fired “peaker” plants; this could trigger local opposition, regulatory scrutiny and incremental capital spending. Peaker Plant Site
• Negative Sentiment: Political/PR risk — Coverage questions Duke’s involvement in campaigns opposing municipal moves in Pinellas County, which could heighten regulatory/political risk and negative public attention. Pinellas County Coverage

Insider Buying and Selling at Duke Energy

In other news, EVP Robert Alexander Glenn sold 8,200 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $123.80, for a total value of $1,015,160.00. Following the completion of the transaction, the executive vice president owned 11,367 shares in the company, valued at $1,407,234.60. This trade represents a 41.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.14% of the stock is currently owned by company insiders.

Duke Energy Price Performance

Shares of DUK opened at $121.23 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.40 and a debt-to-equity ratio of 1.54. The stock’s 50 day moving average is $118.17 and its two-hundred day moving average is $121.48. Duke Energy Corporation has a twelve month low of $110.51 and a twelve month high of $130.03. The firm has a market capitalization of $94.28 billion, a PE ratio of 19.06, a P/E/G ratio of 2.63 and a beta of 0.50.

Duke Energy (NYSE:DUK) last posted its quarterly earnings results on Thursday, November 6th. The utilities provider reported $1.81 EPS for the quarter, beating the consensus estimate of $1.75 by $0.06. Duke Energy had a return on equity of 9.98% and a net margin of 15.76%.The business had revenue of $8.54 billion during the quarter, compared to analysts’ expectations of $8.51 billion. During the same period last year, the firm earned $1.62 EPS. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. Research analysts anticipate that Duke Energy Corporation will post 6.33 earnings per share for the current year.

Duke Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 13th will be given a dividend of $1.065 per share. This represents a $4.26 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Friday, February 13th. Duke Energy’s payout ratio is presently 66.98%.

Analysts Set New Price Targets

DUK has been the topic of several research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Duke Energy in a research report on Monday, December 29th. BTIG Research reissued a “buy” rating and set a $141.00 price target on shares of Duke Energy in a report on Friday. TD Cowen assumed coverage on Duke Energy in a research note on Thursday, October 16th. They set a “buy” rating and a $143.00 price objective for the company. BMO Capital Markets increased their price objective on Duke Energy from $130.00 to $132.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Scotiabank boosted their target price on Duke Energy from $137.00 to $146.00 and gave the company a “sector outperform” rating in a report on Tuesday, December 16th. Eleven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Duke Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.50.

Duke Energy Profile

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.