BI Asset Management Fondsmaeglerselskab A S boosted its stake in Duke Energy Corporation (NYSE:DUK – Free Report) by 67.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,448 shares of the utilities provider’s stock after buying an additional 20,714 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Duke Energy were worth $6,367,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the company. Pflug Koory LLC grew its holdings in shares of Duke Energy by 3.0% during the third quarter. Pflug Koory LLC now owns 2,694 shares of the utilities provider’s stock worth $333,000 after buying an additional 79 shares in the last quarter. WealthShield Partners LLC grew its stake in Duke Energy by 0.3% during the 2nd quarter. WealthShield Partners LLC now owns 25,453 shares of the utilities provider’s stock valued at $3,003,000 after acquiring an additional 80 shares in the last quarter. Cypress Wealth Services LLC raised its holdings in Duke Energy by 1.7% in the 3rd quarter. Cypress Wealth Services LLC now owns 5,048 shares of the utilities provider’s stock valued at $625,000 after acquiring an additional 82 shares during the last quarter. EWA LLC lifted its stake in Duke Energy by 3.9% in the 3rd quarter. EWA LLC now owns 2,203 shares of the utilities provider’s stock worth $273,000 after purchasing an additional 82 shares in the last quarter. Finally, Private Wealth Asset Management LLC boosted its holdings in shares of Duke Energy by 6.4% during the 2nd quarter. Private Wealth Asset Management LLC now owns 1,408 shares of the utilities provider’s stock worth $166,000 after purchasing an additional 85 shares during the last quarter. 65.31% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Duke Energy
In other news, EVP Robert Alexander Glenn sold 8,200 shares of Duke Energy stock in a transaction dated Wednesday, November 19th. The stock was 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 approximately $1,407,234.60. This trade represents a 41.91% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.14% of the stock is owned by corporate insiders.
Trending Headlines about Duke Energy
- Positive Sentiment: Record winter power demand supports near‑term revenue and highlights resilience in core electric sales, which can help offset margin pressure. Duke Energy experiences record-breaking demand during winter storms
- Positive Sentiment: Duke Energy Foundation is investing $500,000 in North Carolina community colleges to strengthen the energy workforce — a long‑term positive for operations and hiring pipeline. Duke Energy invests $500,000 in North Carolina community colleges to strengthen energy workforce pipeline
- Positive Sentiment: Fortune again named Duke among the world’s most admired companies, which supports reputation and investor confidence around governance and culture. Duke Energy again named by Fortune one of World’s Most Admired Companies™
- Positive Sentiment: Analysts maintain a constructive view (average “Moderate Buy”), which can provide support if earnings meet expectations. Duke Energy Corporation (NYSE:DUK) Given Average Rating of “Moderate Buy” by Analysts
- Neutral Sentiment: Duke is entering negotiations with Clearwater on a possible new service agreement — a routine commercial development that could be revenue‑neutral or accretive depending on terms. Clearwater and Duke Energy begin negotiations on possible new service agreement
- Neutral Sentiment: Coverage explaining where bill donations go and charity programs increases transparency and community goodwill but has limited direct stock impact. Where your Duke Energy bill donation goes
- Neutral Sentiment: Previews note Q4 EPS may decline ~9% year‑over‑year despite revenue growth and resilient demand; that mixed outlook makes the upcoming results a key stock catalyst. Duke Energy to Release Q4 Earnings: How to Approach the Stock Now?
- Negative Sentiment: Shares are under pressure as the stock fell while the broader market rose, pointing to sector rotation or investor caution ahead of earnings and regulatory items. Duke Energy (DUK) stock sinks as market gains: What you should know
- Negative Sentiment: Regulatory/customer friction: some customers reacted negatively to Duke’s request to conserve energy during Carbon Plan proceedings — potential PR and regulatory risk if public pushback grows. Customers react to Duke’s request to conserve energy during Carbon Plan proceedings
- Negative Sentiment: Weather risk: Duke is preparing for potential power outages from high winds this weekend — outage restoration costs and service disruptions could pressure near‑term results. Duke Energy prepares for potential power outages due to high winds this weekend
Duke Energy Stock Down 1.2%
Duke Energy stock opened at $121.91 on Friday. The company has a market capitalization of $94.80 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 2.68 and a beta of 0.51. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.40 and a current ratio of 0.63. Duke Energy Corporation has a fifty-two week low of $110.51 and a fifty-two week high of $130.03. The firm has a 50 day moving average price of $118.04 and a 200 day moving average price of $121.61.
Duke Energy (NYSE:DUK – Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The utilities provider reported $1.81 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.06. The firm had revenue of $8.54 billion during the quarter, compared to analysts’ expectations of $8.51 billion. Duke Energy had a net margin of 15.76% and a return on equity of 9.98%. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.62 earnings per share. Research analysts expect that Duke Energy Corporation will post 6.33 earnings per share for the current year.
Duke Energy Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 13th will be given a $1.065 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $4.26 dividend on an annualized basis and a yield of 3.5%. Duke Energy’s dividend payout ratio (DPR) is currently 66.98%.
Wall Street Analysts Forecast Growth
DUK has been the topic of a number of analyst reports. UBS Group reduced their price objective on Duke Energy from $135.00 to $126.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Barclays reduced their price target on Duke Energy from $135.00 to $127.00 and set an “overweight” rating on the stock in a report on Thursday, January 15th. The Goldman Sachs Group raised their price objective on shares of Duke Energy from $138.00 to $141.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Mizuho boosted their target price on shares of Duke Energy from $132.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, October 27th. Finally, BMO Capital Markets increased their price target on shares of Duke Energy from $130.00 to $132.00 and gave the company an “outperform” rating in a research note on Tuesday, January 27th. Eleven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $134.50.
Read Our Latest Stock Report on Duke Energy
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.
Read More
- Five stocks we like better than Duke Energy
- NEW LAW: Congress Approves Setup For Digital Dollar?
- The day the gold market broke
- What a Former CIA Agent Knows About the Coming Collapse
- Your Bank Account Is No Longer Safe
- He just nailed another gold prediction …
Receive News & Ratings for Duke Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duke Energy and related companies with MarketBeat.com's FREE daily email newsletter.
