Oppenheimer & Co. Inc. raised its position in Duke Energy Corporation (NYSE:DUK – Free Report) by 9.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 150,426 shares of the utilities provider’s stock after buying an additional 12,677 shares during the period. Oppenheimer & Co. Inc.’s holdings in Duke Energy were worth $18,615,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the company. Pflug Koory LLC boosted its stake in Duke Energy by 3.0% during the 3rd quarter. Pflug Koory LLC now owns 2,694 shares of the utilities provider’s stock worth $333,000 after purchasing an additional 79 shares during the last quarter. WealthShield Partners LLC boosted its position in Duke Energy by 0.3% during the second quarter. WealthShield Partners LLC now owns 25,453 shares of the utilities provider’s stock worth $3,003,000 after acquiring an additional 80 shares during the last quarter. Cypress Wealth Services LLC grew its stake in Duke Energy by 1.7% during 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 in the last quarter. EWA LLC raised its holdings in Duke Energy by 3.9% in the 3rd quarter. EWA LLC now owns 2,203 shares of the utilities provider’s stock valued at $273,000 after acquiring an additional 82 shares during the last quarter. Finally, Private Wealth Asset Management LLC lifted its stake in Duke Energy by 6.4% in 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 in the last quarter. Institutional investors and hedge funds own 65.31% of the company’s stock.
Duke Energy Price Performance
Shares of DUK opened at $121.91 on Monday. The firm has a 50-day simple moving average of $118.04 and a two-hundred day simple moving average of $121.63. The stock has a market cap of $94.80 billion, a PE ratio of 19.17, a P/E/G ratio of 2.65 and a beta of 0.51. Duke Energy Corporation has a 1-year low of $110.51 and a 1-year high of $130.03. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.63 and a quick ratio of 0.40.
Duke Energy Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 13th will be issued a dividend of $1.065 per share. This represents a $4.26 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Friday, February 13th. Duke Energy’s dividend payout ratio (DPR) is 66.98%.
Insiders Place Their Bets
In other Duke Energy news, EVP Robert Alexander Glenn sold 8,200 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $123.80, for a total transaction of $1,015,160.00. Following the sale, the executive vice president directly owned 11,367 shares in the company, valued at $1,407,234.60. This represents a 41.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.14% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on DUK shares. Jefferies Financial Group dropped their price target on Duke Energy from $126.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday, January 14th. Mizuho upped their target price on Duke Energy from $132.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, October 27th. BTIG Research reiterated a “buy” rating and set a $141.00 price target on shares of Duke Energy in a report on Friday, January 30th. JPMorgan Chase & Co. dropped their price objective on shares of Duke Energy from $136.00 to $126.00 and set a “neutral” rating for the company in a report on Thursday, December 11th. Finally, TD Cowen assumed coverage on shares of Duke Energy in a research note on Thursday, October 16th. They set a “buy” rating and a $143.00 target price on the stock. Eleven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $134.50.
View Our Latest Stock Report on DUK
Trending Headlines about Duke Energy
Here are the key news stories impacting Duke Energy this week:
- 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 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.
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