NEOS Investment Management LLC Acquires 15,220 Shares of Duke Energy Corporation $DUK

NEOS Investment Management LLC raised its holdings in shares of Duke Energy Corporation (NYSE:DUK) by 13.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 126,358 shares of the utilities provider’s stock after acquiring an additional 15,220 shares during the period. NEOS Investment Management LLC’s holdings in Duke Energy were worth $15,994,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. World Investment Advisors raised its stake in Duke Energy by 62.7% during the fourth quarter. World Investment Advisors now owns 42,680 shares of the utilities provider’s stock valued at $5,003,000 after buying an additional 16,450 shares during the last quarter. Merit Financial Group LLC raised its position in shares of Duke Energy by 15.7% in the 2nd quarter. Merit Financial Group LLC now owns 70,388 shares of the utilities provider’s stock worth $8,910,000 after purchasing an additional 9,562 shares during the last quarter. Sarasin & Partners LLP boosted its stake in Duke Energy by 15.3% in the 2nd quarter. Sarasin & Partners LLP now owns 1,283,213 shares of the utilities provider’s stock worth $162,429,000 after purchasing an additional 170,700 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. purchased a new stake in Duke Energy during the 4th quarter valued at about $1,316,000. Finally, Pinebridge Investments LLC purchased a new stake in Duke Energy during the 4th quarter valued at about $6,326,000. 65.31% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Duke Energy

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

• Positive Sentiment: Duke Energy Florida requested lower customer rates beginning in January 2027. The filing could reduce revenue, but it may ease regulatory and political pressure related to high bills. Duke Energy Florida requests to lower rates in 2027
• Positive Sentiment: Duke’s regulated-utility model and decades of dividend increases continue to support its appeal as a defensive income investment, particularly during economic downturns. 3 Utility Dividend Stocks Built to Keep Paying in Any Economy
• Positive Sentiment: Duke upgraded its Trenton battery facility to provide backup power, supporting grid reliability and potentially strengthening the company’s long-term infrastructure strategy. Duke Energy upgrades Trenton battery facility
• Neutral Sentiment: Second-quarter earnings beat expectations at $1.43 per share, although revenue was slightly below forecasts and interest expense increased. Analysts have subsequently lowered estimates, limiting the benefit of the earnings surprise. How Duke’s Q2 2026 Earnings Beat
• Negative Sentiment: The proposed Florida rate reduction could pressure near-term revenue and earnings if approved, even as it benefits customers. Duke Energy’s Florida Utility Requests Rate Cut for 2027
• Negative Sentiment: Recent outages in North Carolina, including an incident attributed to a helicopter damaging lines, may create repair costs and renewed scrutiny of service reliability. Duke Energy said helicopter caused Cary outages

Duke Energy Trading Down 1.1%

Duke Energy stock opened at $120.11 on Friday. The firm has a market capitalization of $93.65 billion, a price-to-earnings ratio of 18.03, a P/E/G ratio of 2.83 and a beta of 0.37. Duke Energy Corporation has a 12-month low of $113.89 and a 12-month high of $134.49. The firm has a 50 day moving average of $124.76 and a 200 day moving average of $126.45. The company has a current ratio of 0.66, a quick ratio of 0.43 and a debt-to-equity ratio of 1.47.

Duke Energy (NYSE:DUK) last issued its earnings results on Monday, August 3rd. The utilities provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.13. Duke Energy had a net margin of 15.78% and a return on equity of 9.78%. The company had revenue of $7.59 billion during the quarter, compared to the consensus estimate of $7.66 billion. During the same quarter in the prior year, the firm posted $1.25 EPS. Duke Energy’s quarterly revenue was up 1.1% compared to the same quarter last year. As a group, research analysts predict that Duke Energy Corporation will post 6.72 earnings per share for the current year.

Duke Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Friday, August 14th will be issued a $1.085 dividend. This represents a $4.34 annualized dividend and a dividend yield of 3.6%. This is a boost from Duke Energy’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend is Friday, August 14th. Duke Energy’s payout ratio is presently 65.17%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DUK. KeyCorp upgraded shares of Duke Energy from a “sector weight” rating to an “overweight” rating and set a $139.00 target price on the stock in a research note on Thursday, July 23rd. Truist Financial decreased their price objective on shares of Duke Energy from $138.00 to $135.00 and set a “buy” rating for the company in a report on Monday, August 17th. BTIG Research reiterated a “buy” rating on shares of Duke Energy in a research note on Thursday, July 23rd. UBS Group decreased their price target on Duke Energy from $137.00 to $135.00 in a research note on Monday, May 11th. Finally, Mizuho set a $136.00 price target on Duke Energy in a report on Wednesday, August 5th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $137.94.

Duke Energy Company 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.