Asset One Wealth Management LLC raised its holdings in Duke Energy Corporation (NYSE:DUK – Free Report) by 17.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,618 shares of the utilities provider’s stock after purchasing an additional 6,475 shares during the quarter. Asset One Wealth Management LLC’s holdings in Duke Energy were worth $4,973,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently made changes to their positions in the business. International Assets Investment Management LLC lifted its stake in shares of Duke Energy by 7.8% in the 3rd quarter. International Assets Investment Management LLC now owns 7,401 shares of the utilities provider’s stock valued at $842,000 after purchasing an additional 534 shares during the period. Heritage Family Offices LLP bought a new stake in Duke Energy in the 3rd quarter valued at about $175,000. Allegiance Financial Group Advisory Services LLC grew its position in Duke Energy by 56.4% in the third quarter. Allegiance Financial Group Advisory Services LLC now owns 4,167 shares of the utilities provider’s stock worth $475,000 after acquiring an additional 1,503 shares in the last quarter. Alta Advisers Ltd grew its position in shares of Duke Energy by 113.2% in the 3rd quarter. Alta Advisers Ltd now owns 6,397 shares of the utilities provider’s stock worth $729,000 after buying an additional 3,397 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in Duke Energy by 14.4% in the third quarter. Kestra Advisory Services LLC now owns 236,001 shares of the utilities provider’s stock worth $26,906,000 after buying an additional 29,641 shares during the last quarter. Institutional investors own 65.31% of the company’s stock.
Duke Energy News Roundup
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
Wall Street Analyst Weigh In
Several analysts have commented on the stock. Scotiabank decreased their price objective on shares of Duke Energy from $146.00 to $131.00 in a research note on Wednesday, September 30th. Truist Financial lowered their price objective on shares of Duke Energy from $135.00 to $130.00 and set a “buy” rating for the company in a research report on Monday, October 12th. Wall Street Zen cut Duke Energy from a “hold” rating to a “sell” rating in a research note on Saturday. Morgan Stanley upped their price objective on shares of Duke Energy from $127.00 to $128.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 21st. Finally, BMO Capital Markets cut their target price on Duke Energy from $134.00 to $132.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $132.19.
View Our Latest Stock Analysis on DUK
Duke Energy Trading Down 1.7%
NYSE DUK opened at $127.91 on Friday. The business’s fifty day moving average is $119.84 and its 200-day moving average is $124.51. Duke Energy Corporation has a one year low of $112.40 and a one year high of $134.49. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.66 and a quick ratio of 0.43. The stock has a market capitalization of $99.73 billion, a price-to-earnings ratio of 18.70, a PEG ratio of 2.99 and a beta of 0.33.
Duke Energy (NYSE:DUK – Get Free Report) last announced its earnings results on Thursday, November 5th. The utilities provider reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 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 $9.10 billion during the quarter, compared to analyst estimates of $8.91 billion. During the same period in the previous year, the business posted $1.81 earnings per share. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. Equities research analysts predict that Duke Energy Corporation will post 6.72 EPS for the current year.
Duke Energy Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Friday, November 13th will be given a dividend of $1.0850 per share. This represents a $4.34 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, November 13th. Duke Energy’s payout ratio is presently 65.17%.
Insider Buying and Selling at Duke Energy
In related news, EVP Bonnie Titone sold 2,900 shares of the stock in a transaction on Friday, October 30th. The stock was sold at an average price of $128.00, for a total transaction of $371,200.00. Following the completion of the sale, the executive vice president directly owned 26,111 shares in the company, valued at approximately $3,342,208. This trade represents a 10.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.12% of the stock is currently owned by company insiders.
Duke Energy Profile
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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