Duke Energy (NYSE:DUK) Price Target Lowered to $138.00 at Jefferies Financial Group

Duke Energy (NYSE:DUK) had its price target reduced by stock analysts at Jefferies Financial Group from $143.00 to $138.00 in a note issued to investors on Monday,MarketScreener reports. Jefferies Financial Group’s price objective points to a potential upside of 10.59% from the company’s previous close.

DUK has been the topic of several other research reports. Barclays lifted their price objective on Duke Energy from $127.00 to $143.00 and gave the stock an “overweight” rating in a report on Tuesday, April 7th. Morgan Stanley dropped their price target on shares of Duke Energy from $142.00 to $141.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Truist Financial began coverage on Duke Energy in a report on Monday, April 20th. They set a “buy” rating and a $142.00 price objective on the stock. UBS Group increased their target price on Duke Energy from $136.00 to $140.00 in a report on Monday, March 9th. Finally, The Goldman Sachs Group raised their target price on Duke Energy from $141.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, Duke Energy currently has a consensus rating of “Moderate Buy” and an average price target of $140.53.

Duke Energy Stock Performance

DUK opened at $124.78 on Monday. The company has a quick ratio of 0.44, a current ratio of 0.66 and a debt-to-equity ratio of 1.45. The stock’s 50 day moving average price is $129.72 and its two-hundred day moving average price is $124.21. The firm has a market capitalization of $97.28 billion, a P/E ratio of 19.10 and a beta of 0.41. Duke Energy has a 12-month low of $111.22 and a 12-month high of $134.49.

Duke Energy (NYSE:DUK) last issued its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $0.06. The company had revenue of $9.18 billion during the quarter, compared to analyst estimates of $8.44 billion. Duke Energy had a return on equity of 9.73% and a net margin of 15.49%.The company’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.76 earnings per share. Duke Energy has set its FY 2026 guidance at 6.550-6.80 EPS. On average, equities analysts forecast that Duke Energy will post 6.7 earnings per share for the current year.

Insider Activity at Duke Energy

In other Duke Energy news, CEO Louis E. Renjel sold 6,800 shares of Duke Energy stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $127.67, for a total value of $868,156.00. Following the completion of the transaction, the chief executive officer owned 22,007 shares in the company, valued at approximately $2,809,633.69. The trade was a 23.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Regis T. Repko sold 962 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $127.86, for a total value of $123,001.32. Following the completion of the transaction, the senior vice president directly owned 3,896 shares in the company, valued at approximately $498,142.56. This represents a 19.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.12% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Andra AP fonden acquired a new position in shares of Duke Energy during the first quarter worth approximately $4,098,000. Summit Asset Management LLC raised its position in Duke Energy by 5.3% in the 1st quarter. Summit Asset Management LLC now owns 3,329 shares of the utilities provider’s stock worth $436,000 after purchasing an additional 168 shares during the last quarter. Glenview Trust Co raised its position in Duke Energy by 3.9% in the 1st quarter. Glenview Trust Co now owns 31,016 shares of the utilities provider’s stock worth $4,061,000 after purchasing an additional 1,178 shares during the last quarter. Rice Partnership LLC lifted its holdings in Duke Energy by 9.4% during the 1st quarter. Rice Partnership LLC now owns 45,386 shares of the utilities provider’s stock worth $5,943,000 after buying an additional 3,913 shares in the last quarter. Finally, Alpha Zero LLC bought a new stake in shares of Duke Energy during the first quarter worth $282,000. Institutional investors and hedge funds own 65.31% of the company’s stock.

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.