Camelot Portfolios LLC Takes Position in Duke Energy Corporation $DUK

Camelot Portfolios LLC acquired a new stake in shares of Duke Energy Corporation (NYSE:DUK) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 6,473 shares of the utilities provider’s stock, valued at approximately $819,000.

Several other institutional investors and hedge funds have also bought and sold shares of DUK. Basso Capital Management L.P. bought a new position in shares of Duke Energy in the fourth quarter worth $25,000. Evolution Wealth Management Inc. boosted its stake in Duke Energy by 1,111.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock valued at $26,000 after buying an additional 200 shares during the period. Triumph Capital Management boosted its stake in Duke Energy by 68.6% during the fourth quarter. Triumph Capital Management now owns 231 shares of the utilities provider’s stock valued at $27,000 after buying an additional 94 shares during the period. Cornerstone Financial Management LLC purchased a new position in Duke Energy during the fourth quarter worth about $28,000. Finally, Evergreen Advisors LLC bought a new position in Duke Energy in the 1st quarter worth about $36,000. 65.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DUK has been the topic of several recent analyst reports. BTIG Research reaffirmed a “buy” rating on shares of Duke Energy in a report on Thursday, July 23rd. KeyCorp raised Duke Energy from a “sector weight” rating to an “overweight” rating and set a $139.00 price objective for the company in a report on Thursday, July 23rd. Mizuho set a $136.00 target price on shares of Duke Energy in a research note on Wednesday, August 5th. Truist Financial lifted their target price on shares of Duke Energy from $137.00 to $138.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Finally, UBS Group cut their price target on shares of Duke Energy from $137.00 to $135.00 in a research note on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Duke Energy currently has an average rating of “Moderate Buy” and an average price target of $138.44.

Key Stories Impacting Duke Energy

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

• Positive Sentiment: Utilities could benefit from rising electricity demand tied to the rapid expansion of artificial-intelligence data centers. The trend supports Duke Energy’s long-term generation and grid-investment opportunity, although the referenced article focuses on utility ETFs rather than DUK specifically. Utility ETFs to Buy as Rapid AI Buildout Sparks Energy Crisis
• Positive Sentiment: Duke Energy has restored most power after severe storms in Greater Cincinnati, with nearly 223,000 outages addressed and crews working to restore the remaining customers. Faster restoration limits prolonged service disruption and reputational damage. Duke Energy restores 85% of Greater Cincinnati outages
• Neutral Sentiment: The Duke Energy Foundation announced $500,000 for North Carolina small-business programs and emergency grants for storm recovery in Ohio and Kentucky. The initiatives may support community relations but are not financially material to DUK. Duke Energy invests $500,000 to help small businesses
• Negative Sentiment: Duke Energy completed the sale of 40 million equity units. The financing provides capital for infrastructure and growth, but the additional equity can dilute existing shareholders and signals substantial funding needs. Duke Energy Completes Major Equity Units Financing Offering
• Negative Sentiment: North Carolina Attorney General Jeff Jackson is challenging a proposed 6.8% residential rate increase and rejecting the related settlement. Regulatory opposition raises uncertainty over Duke’s ability to recover costs and earn its targeted returns. AG Jeff Jackson rejects Duke Energy settlement
• Negative Sentiment: A proposed Duke Energy plant is drawing opposition in Davie and Davidson counties, creating potential permitting, construction and political obstacles. More than 2,000 customers also remained without power during severe storms, highlighting near-term reliability and restoration costs. Duke Energy plant proposal draws opposition

Duke Energy Price Performance

DUK opened at $123.83 on Friday. The stock has a 50-day moving average price of $125.77 and a 200-day moving average price of $126.53. Duke Energy Corporation has a 12-month low of $113.89 and a 12-month high of $134.49. The company has a current ratio of 0.66, a quick ratio of 0.43 and a debt-to-equity ratio of 1.47. The stock has a market capitalization of $96.55 billion, a P/E ratio of 18.59, a PEG ratio of 2.73 and a beta of 0.38.

Duke Energy (NYSE:DUK) last announced its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.30 by $0.13. The firm had revenue of $7.59 billion for the quarter, compared to analyst estimates of $7.66 billion. Duke Energy had a return on equity of 9.78% and a net margin of 15.78%.The company’s revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.25 EPS. Equities analysts predict that Duke Energy Corporation will post 6.72 earnings per share for the current fiscal year.

Duke Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be given a dividend of $1.085 per share. The ex-dividend date is Friday, August 14th. This is an increase from Duke Energy’s previous quarterly dividend of $1.06. This represents a $4.34 dividend on an annualized basis and a yield of 3.5%. Duke Energy’s dividend payout ratio (DPR) is 63.96%.

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.