Odyssean LLC Increases Stock Holdings in Duke Energy Corporation $DUK

Odyssean LLC lifted its position in shares of Duke Energy Corporation (NYSE:DUK) by 109.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 23,788 shares of the utilities provider’s stock after acquiring an additional 12,411 shares during the period. Odyssean LLC’s holdings in Duke Energy were worth $3,011,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its position in shares of Duke Energy by 11.6% during the 4th quarter. Brighton Jones LLC now owns 6,754 shares of the utilities provider’s stock worth $728,000 after purchasing an additional 700 shares during the last quarter. Empowered Funds LLC grew its holdings in Duke Energy by 19.6% during the 1st quarter. Empowered Funds LLC now owns 23,162 shares of the utilities provider’s stock valued at $2,825,000 after buying an additional 3,797 shares during the last quarter. Schnieders Capital Management LLC. increased its position in Duke Energy by 1.0% during the second quarter. Schnieders Capital Management LLC. now owns 31,238 shares of the utilities provider’s stock worth $3,686,000 after buying an additional 315 shares in the last quarter. AXA S.A. raised its holdings in shares of Duke Energy by 523.4% in the second quarter. AXA S.A. now owns 42,233 shares of the utilities provider’s stock worth $4,983,000 after acquiring an additional 35,458 shares during the last quarter. Finally, Nebula Research & Development LLC purchased a new stake in shares of Duke Energy in the second quarter valued at $954,000. 65.31% of the stock is owned by institutional investors and hedge funds.

Key Duke Energy News

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

Wall Street Analyst Weigh In

A number of analysts recently commented on DUK shares. Mizuho set a $136.00 price objective on Duke Energy in a research note on Wednesday, August 5th. JPMorgan Chase & Co. upped their target price on shares of Duke Energy from $136.00 to $141.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Jefferies Financial Group decreased their price target on shares of Duke Energy from $143.00 to $138.00 in a research note on Monday, May 11th. KeyCorp raised shares of Duke Energy from a “sector weight” rating to an “overweight” rating and set a $139.00 price objective for the company in a research report on Thursday, July 23rd. Finally, Morgan Stanley decreased their target price on shares of Duke Energy from $138.00 to $133.00 and set an “equal weight” rating on the stock in a research report on Friday, August 21st. Ten investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Duke Energy has a consensus rating of “Moderate Buy” and an average target price of $137.94.

Duke Energy Price Performance

DUK opened at $120.11 on Friday. Duke Energy Corporation has a 1 year low of $113.89 and a 1 year high of $134.49. The company’s 50 day simple moving average is $124.76 and its 200 day simple moving average is $126.45. The stock has a market capitalization of $93.65 billion, a PE ratio of 18.03, a P/E/G ratio of 2.83 and a beta of 0.37. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.43 and a current ratio of 0.66.

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

Duke Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Friday, August 14th will be issued a $1.085 dividend. 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 3.6%. Duke Energy’s payout ratio is 65.17%.

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.