Duke Energy (NYSE:DUK) Stock Gets Price Target Trim from JPMorgan Chase & Co.

Key Points

• JPMorgan cut Duke Energy’s price target from $137 to $130 while maintaining a “neutral” rating, implying approximately 9.87% upside from the prior close.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and average target of $133.38, despite mixed actions from other firms.
• Duke Energy shares rose 0.5% to $118.33, while the company’s latest quarterly earnings of $1.43 per share exceeded estimates of $1.30; institutional investors own 65.31% of the stock.

Duke Energy (NYSE:DUK - Get Free Report) had its price target cut by equities research analysts at JPMorgan Chase & Co. from $137.00 to $130.00 in a report released on Tuesday, Benzinga reports. The brokerage currently has a "neutral" rating on the utilities provider's stock. JPMorgan Chase & Co.'s target price suggests a potential upside of 9.87% from the stock's previous close.

Several other equities research analysts also recently weighed in on the stock. Jefferies Financial Group restated a "hold" rating and issued a $121.00 target price on shares of Duke Energy in a research note on Monday. Wall Street Zen downgraded Duke Energy from a "hold" rating to a "sell" rating in a research report on Saturday, September 19th. BTIG Research reiterated a "buy" rating on shares of Duke Energy in a report on Thursday, July 23rd. Mizuho set a $136.00 price objective on Duke Energy in a research report on Wednesday, August 5th. Finally, Scotiabank lowered their price objective on Duke Energy from $146.00 to $131.00 in a research report on Wednesday, September 30th. Ten research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, Duke Energy presently has a consensus rating of "Moderate Buy" and a consensus target price of $133.38.

Duke Energy Trading Up 0.5%

NYSE DUK traded up $0.64 during trading hours on Tuesday, hitting $118.33. 2,077,501 shares of the company were exchanged, compared to its average volume of 3,990,713. Duke Energy has a 52 week low of $112.40 and a 52 week high of $134.49. The company has a quick ratio of 0.43, a current ratio of 0.66 and a debt-to-equity ratio of 1.47. The stock has a 50-day moving average price of $119.32 and a 200 day moving average price of $124.02. The stock has a market cap of $92.26 billion, a PE ratio of 17.77, a price-to-earnings-growth ratio of 2.72 and a beta of 0.36.

Duke Energy (NYSE:DUK - Get Free Report) last announced its earnings results on Monday, August 3rd. The utilities provider reported $1.43 earnings per share for the quarter, beating 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 business had revenue of $7.59 billion for the quarter, compared to the consensus estimate of $7.66 billion. During the same quarter in the prior year, the firm posted $1.25 earnings per share. The business's revenue for the quarter was up 1.1% on a year-over-year basis. Analysts forecast that Duke Energy will post 6.72 earnings per share for the current fiscal year.

Institutional Trading of Duke Energy

Several large investors have recently bought and sold shares of the stock. Sax Wealth Advisors LLC raised its holdings in shares of Duke Energy by 15.0% in the third quarter. Sax Wealth Advisors LLC now owns 4,441 shares of the utilities provider's stock worth $506,000 after buying an additional 580 shares during the last quarter. Avior Wealth Management LLC lifted its stake in shares of Duke Energy by 27.8% during the third quarter. Avior Wealth Management LLC now owns 4,294 shares of the utilities provider's stock worth $490,000 after buying an additional 933 shares during the period. Vertrix Wealth Management LLC grew its holdings in shares of Duke Energy by 0.7% during the third quarter. Vertrix Wealth Management LLC now owns 41,282 shares of the utilities provider's stock valued at $4,707,000 after buying an additional 293 shares during the last quarter. Oak Grove Capital LLC grew its holdings in shares of Duke Energy by 30.9% during the third quarter. Oak Grove Capital LLC now owns 278,361 shares of the utilities provider's stock valued at $31,736,000 after buying an additional 65,750 shares during the last quarter. Finally, Schaper Benz & Wise Investment Counsel Inc. WI grew its holdings in shares of Duke Energy by 3.7% during the third quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 59,651 shares of the utilities provider's stock valued at $6,801,000 after buying an additional 2,107 shares during the last quarter. Hedge funds and other institutional investors own 65.31% of the company's stock.

Trending Headlines about Duke Energy

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

• Positive Sentiment: Duke Energy reported that it restored power to roughly 10,000 customers after Hurricane Isaias. The company’s broader, approximately $103 billion grid investment plan could improve storm resilience, reliability and long-term regulatory support. Can Duke Energy's Grid Investments Strengthen Storm Resilience?
• Positive Sentiment: Duke Energy Florida introduced a program providing EV customers with a $7.50 monthly bill credit for charging during specified off-peak periods. The initiative may encourage electricity demand management and support EV adoption, although its direct earnings impact is likely limited. Duke Energy Florida EV charging credit program
• Neutral Sentiment: KeyCorp lowered its price target for Duke Energy from $139 to $128 but maintained an “overweight” rating. The reduced target reflects more cautious valuation expectations, while the rating still indicates confidence in potential upside from current levels.
• Neutral Sentiment: Reports compared Duke Energy with other utilities, including Enel Chile and PPL, but offered no major new company-specific catalyst. Enel Chile versus Duke Energy comparison
• Negative Sentiment: About 30 North Carolina households reportedly said power surges damaged appliances and that Duke Energy denied their claims. The dispute could create reputational, regulatory or litigation risks if additional customers report similar problems. North Carolina power surge claims

About Duke Energy

Duke Energy Corporation NYSE: DUK is an energy holding company that operates regulated electric and natural gas utilities in the United States. Its electric utilities generate, transmit, distribute and sell electricity to residential, commercial, industrial and other customers.

The company serves customers across the Carolinas, Florida, Indiana, Ohio and Kentucky. Duke Energy also operates natural gas utilities and related infrastructure in several states, including North Carolina, South Carolina, Ohio, Kentucky and Tennessee.

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