Duke Energy (NYSE:DUK) Price Target Raised to $142.00

Duke Energy (NYSE:DUKFree Report) had its price objective boosted by The Goldman Sachs Group from $141.00 to $142.00 in a research note published on Wednesday morning,MarketScreener reports. They currently have a buy rating on the utilities provider’s stock.

DUK has been the topic of several other reports. UBS Group lowered their target price 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. BTIG Research restated a “buy” rating and set a $141.00 price objective on shares of Duke Energy in a research note on Friday, January 30th. Royal Bank Of Canada decreased their target price on shares of Duke Energy from $143.00 to $140.00 and set a “sector perform” rating for the company in a research report on Friday, January 23rd. Wells Fargo & Company dropped their price target on shares of Duke Energy from $126.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 20th. Finally, Jefferies Financial Group decreased their price objective on shares of Duke Energy from $126.00 to $125.00 and set a “hold” rating for the company in a report on Wednesday, January 14th. Eleven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $134.19.

Check Out Our Latest Stock Analysis on DUK

Duke Energy Stock Performance

DUK stock opened at $128.14 on Wednesday. Duke Energy has a 1 year low of $110.51 and a 1 year high of $130.03. The stock has a market capitalization of $99.65 billion, a price-to-earnings ratio of 20.28, a PEG ratio of 2.74 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 0.55. The stock’s fifty day moving average is $118.67 and its two-hundred day moving average is $121.80.

Duke Energy (NYSE:DUKGet Free Report) last released its quarterly earnings data on Tuesday, February 10th. The utilities provider reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. The business had revenue of $7.94 billion for the quarter, compared to analysts’ expectations of $7.57 billion. Duke Energy had a net margin of 15.41% and a return on equity of 9.66%. During the same quarter last year, the company earned $1.66 EPS. Duke Energy has set its FY 2026 guidance at 6.550-6.800 EPS. On average, research analysts predict that Duke Energy will post 6.33 EPS for the current year.

Duke Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 13th will be paid a dividend of $1.065 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $4.26 annualized dividend and a yield of 3.3%. Duke Energy’s dividend payout ratio is currently 67.41%.

Insider Buying and Selling

In related news, EVP Robert Alexander Glenn sold 8,200 shares of Duke Energy stock in a transaction on 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 transaction, the executive vice president directly owned 11,367 shares in the company, valued at $1,407,234.60. The trade was a 41.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Louis E. Renjel sold 6,800 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $127.67, for a total transaction of $868,156.00. Following the completion of the sale, the chief executive officer owned 22,007 shares of the company’s stock, valued at approximately $2,809,633.69. This represents a 23.61% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.14% of the company’s stock.

Institutional Investors Weigh In On Duke Energy

Several hedge funds have recently bought and sold shares of the company. Dorato Capital Management bought a new position in shares of Duke Energy during the 4th quarter worth approximately $26,000. Evolution Wealth Management Inc. lifted its holdings in Duke Energy by 1,111.1% during the 4th quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 200 shares during the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in Duke Energy during the third quarter worth $27,000. Triumph Capital Management increased its holdings in shares of Duke Energy by 68.6% in the fourth quarter. Triumph Capital Management now owns 231 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 94 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in shares of Duke Energy in the second quarter valued at about $28,000. 65.31% of the stock is currently owned by institutional investors and hedge funds.

Duke Energy News Summary

Here are the key news stories impacting Duke Energy this week:

About Duke Energy

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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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