Hohimer Wealth Management LLC boosted its holdings in Duke Energy Corporation (NYSE:DUK – Free Report) by 24.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,692 shares of the utilities provider’s stock after buying an additional 5,212 shares during the quarter. Hohimer Wealth Management LLC’s holdings in Duke Energy were worth $3,043,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Atlas Wealth Partners LLC raised its stake in Duke Energy by 4.4% during the 3rd quarter. Atlas Wealth Partners LLC now owns 4,132 shares of the utilities provider’s stock valued at $471,000 after buying an additional 175 shares during the last quarter. M Holdings Securities Inc. boosted its stake in shares of Duke Energy by 1.2% in the 3rd quarter. M Holdings Securities Inc. now owns 30,244 shares of the utilities provider’s stock worth $3,625,000 after buying an additional 367 shares during the last quarter. Shepherd Financial Partners LLC boosted its stake in shares of Duke Energy by 0.6% in the 3rd quarter. Shepherd Financial Partners LLC now owns 27,492 shares of the utilities provider’s stock worth $3,134,000 after buying an additional 171 shares during the last quarter. Brighton Jones LLC boosted its stake in shares of Duke Energy by 48.5% in the 3rd quarter. Brighton Jones LLC now owns 12,770 shares of the utilities provider’s stock worth $1,456,000 after buying an additional 4,171 shares during the last quarter. Finally, Cullinan Associates Inc. grew its holdings in shares of Duke Energy by 10.1% in the third quarter. Cullinan Associates Inc. now owns 40,668 shares of the utilities provider’s stock worth $4,637,000 after acquiring an additional 3,715 shares during the period. Institutional investors own 65.31% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts recently commented on the company. Mizuho set a $136.00 price objective on Duke Energy in a research report on Wednesday, August 5th. Morgan Stanley raised their target price on Duke Energy from $127.00 to $128.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 21st. BMO Capital Markets cut their price target on Duke Energy from $134.00 to $132.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. KeyCorp reduced their price target on shares of Duke Energy from $139.00 to $128.00 and set an “overweight” rating for the company in a research report on Tuesday, October 13th. Finally, Truist Financial lowered their price objective on shares of Duke Energy from $135.00 to $130.00 and set a “buy” rating on the stock in a research note on Monday, October 12th. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $132.19.
Duke Energy Stock Up 0.1%
NYSE DUK opened at $127.91 on Monday. Duke Energy Corporation has a 52 week low of $112.40 and a 52 week high of $134.49. The company has a quick ratio of 0.44, a current ratio of 0.68 and a debt-to-equity ratio of 1.49. The company has a market capitalization of $99.73 billion, a P/E ratio of 18.70, a price-to-earnings-growth ratio of 2.98 and a beta of 0.33. The stock’s 50-day moving average price is $119.84 and its 200-day moving average price is $124.51.
Duke Energy (NYSE:DUK – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The utilities provider reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.13. The company had revenue of $9.10 billion during the quarter, compared to the consensus estimate of $8.91 billion. Duke Energy had a return on equity of 9.82% and a net margin of 15.94%. The firm’s revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.81 EPS. On average, equities research analysts predict that Duke Energy Corporation will post 6.72 earnings per share for the current year.
Duke Energy Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Friday, November 13th will be given a $1.0850 dividend. This represents a $4.34 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Friday, November 13th. Duke Energy’s dividend payout ratio is presently 63.45%.
Key Duke Energy News
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
Insider Activity
In other news, EVP Bonnie Titone sold 2,900 shares of the stock in a transaction on Friday, October 30th. The shares were sold at an average price of $128.00, for a total value of $371,200.00. Following the completion of the sale, the executive vice president directly owned 26,111 shares of the company’s stock, valued at $3,342,208. This represents a 10.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.12% of the stock is currently owned by company insiders.
About Duke Energy
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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