16,907 Shares in Duke Energy Corporation $DUK Purchased by Compass Financial Management LLC

Key Points

• Compass Financial Management purchased 16,907 Duke Energy shares worth approximately $2.14 million, while other institutions also established new positions; institutional investors own 65.31% of the stock.
• Duke Energy’s second-quarter EPS of $1.43 beat estimates, but revenue fell slightly short and higher interest expense prompted some analysts to lower price targets. The stock has a “Moderate Buy” consensus rating with a $137.94 average target.
• The company raised its quarterly dividend to $1.085 per share, or $4.34 annually, implying a 3.6% yield. A proposed Florida rate reduction could ease customer pressure but may weigh on near-term revenue and earnings.

Compass Financial Management LLC bought a new position in shares of Duke Energy Corporation (NYSE:DUK - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 16,907 shares of the utilities provider's stock, valued at approximately $2,138,000.

Other hedge funds also recently added to or reduced their stakes in the company. NBH Bank acquired a new position in Duke Energy during the second quarter worth $601,000. AlphaGrep UK Ltd acquired a new stake in Duke Energy in the second quarter valued at $362,000. Shah Wealth Advisors LLC purchased a new position in shares of Duke Energy in the second quarter valued at $426,000. William John Sempolinski purchased a new position in shares of Duke Energy in the second quarter valued at $256,000. Finally, Markowski Investments acquired a new position in shares of Duke Energy during the 2nd quarter worth $3,401,000. 65.31% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Duke Energy

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

Duke Energy Stock Performance

NYSE:DUK opened at $120.11 on Friday. 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 firm has a market cap of $93.65 billion, a PE ratio of 18.03, a P/E/G ratio of 2.80 and a beta of 0.37. The firm has a 50 day simple moving average of $124.76 and a 200-day simple moving average of $126.45. Duke Energy Corporation has a 1-year low of $113.89 and a 1-year high of $134.49.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.30 by $0.13. The firm had revenue of $7.59 billion for 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 was up 1.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.25 earnings per share. On average, equities analysts expect that Duke Energy Corporation will post 6.72 EPS for the current year.

Duke Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Friday, August 14th will be given a $1.085 dividend. 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 dividend yield of 3.6%. The ex-dividend date of this dividend is Friday, August 14th. Duke Energy's dividend payout ratio (DPR) is presently 65.17%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. BMO Capital Markets decreased their price objective on shares of Duke Energy from $134.00 to $132.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 5th. Barclays dropped their target price on shares of Duke Energy from $140.00 to $132.00 and set an "overweight" rating for the company in a report on Wednesday, August 5th. Truist Financial cut their target price on shares of Duke Energy from $138.00 to $135.00 and set a "buy" rating for the company in a research report on Monday, August 17th. Jefferies Financial Group reduced their price target on shares of Duke Energy from $143.00 to $138.00 in a report on Monday, May 11th. Finally, KeyCorp upgraded shares of Duke Energy from a "sector weight" rating to an "overweight" rating and set a $139.00 price target on the stock in a research report on Thursday, July 23rd. Ten research analysts have rated the stock with a Buy rating and eight have given 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.

About Duke Energy

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.

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