Nykredit A S Acquires New Position in Duke Energy Corporation $DUK

Nykredit A S bought a new position in Duke Energy Corporation (NYSE:DUK) in the second quarter, HoldingsChannel reports. The fund bought 135,138 shares of the utilities provider’s stock, valued at approximately $17,106,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Bank of New York Mellon Corp acquired a new stake in Duke Energy during the second quarter valued at $605,680,000. Janus Henderson Group PLC increased its position in Duke Energy by 5,254.4% in the 1st quarter. Janus Henderson Group PLC now owns 2,735,816 shares of the utilities provider’s stock worth $358,227,000 after purchasing an additional 2,684,721 shares during the last quarter. Cullen Capital Management LLC acquired a new stake in shares of Duke Energy during the 2nd quarter valued at about $244,731,000. Amundi lifted its holdings in shares of Duke Energy by 56.9% during the 4th quarter. Amundi now owns 2,662,460 shares of the utilities provider’s stock valued at $312,067,000 after buying an additional 965,808 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Duke Energy by 13.1% in the 4th quarter. Franklin Resources Inc. now owns 8,236,893 shares of the utilities provider’s stock valued at $965,446,000 after buying an additional 954,907 shares in the last quarter. 65.31% of the stock is currently owned by hedge funds and other institutional investors.

Duke Energy Price Performance

Shares of NYSE:DUK opened at $120.11 on Friday. The company has a market cap of $93.65 billion, a price-to-earnings ratio of 18.03, a PEG ratio of 2.83 and a beta of 0.37. The business has a 50 day moving average price of $124.76 and a 200 day moving average price of $126.45. The company has a quick ratio of 0.43, a current ratio of 0.66 and a debt-to-equity ratio of 1.47. Duke Energy Corporation has a twelve month low of $113.89 and a twelve month high of $134.49.

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. Duke Energy had a return on equity of 9.78% and a net margin of 15.78%.The company had revenue of $7.59 billion for the quarter, compared to the consensus estimate of $7.66 billion. During the same period in the previous year, the business posted $1.25 EPS. The company’s revenue for the quarter was up 1.1% on a year-over-year basis. 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 declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be given a $1.085 dividend. The ex-dividend date is Friday, August 14th. This represents a $4.34 annualized dividend and a yield of 3.6%. This is a positive change from Duke Energy’s previous quarterly dividend of $1.06. Duke Energy’s dividend payout ratio (DPR) is 65.17%.

More 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

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Mizuho set a $136.00 target price on shares of Duke Energy in a research note on Wednesday, August 5th. Morgan Stanley cut their price target on shares of Duke Energy from $138.00 to $133.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. KeyCorp upgraded Duke Energy from a “sector weight” rating to an “overweight” rating and set a $139.00 target price on the stock in a report on Thursday, July 23rd. BTIG Research reiterated a “buy” rating on shares of Duke Energy in a research note on Thursday, July 23rd. Finally, Jefferies Financial Group reduced their target price on Duke Energy from $143.00 to $138.00 in a report on Monday, May 11th. Ten analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Duke Energy has a consensus rating of “Moderate Buy” and a consensus price target of $137.94.

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.