Duke Energy Corporation $DUK Shares Bought by Asset Management One Co. Ltd.

Key Points

• Asset Management One increased its Duke Energy stake by 3.3% in the third quarter, bringing its holdings to 390,695 shares valued at approximately $44.5 million. Institutional investors and hedge funds collectively own 65.31% of the company.
• Duke Energy reported quarterly EPS of $1.43, beating analysts’ $1.30 estimate, while revenue reached $7.59 billion. Analysts currently hold a “Moderate Buy” consensus rating with an average price target of $132.19.
• The company declared a quarterly dividend of $1.085 per share, equivalent to $4.34 annually and a 3.5% yield, with a payout ratio of 65.17%.

Asset Management One Co. Ltd. boosted its holdings in shares of Duke Energy Corporation (NYSE:DUK - Free Report) by 3.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 390,695 shares of the utilities provider's stock after acquiring an additional 12,429 shares during the period. Asset Management One Co. Ltd. owned 0.05% of Duke Energy worth $44,543,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of DUK. Bank of New York Mellon Corp bought a new stake in Duke Energy in the second quarter valued at approximately $605,680,000. Janus Henderson Group PLC raised 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 valued at $358,227,000 after buying an additional 2,684,721 shares during the last quarter. Swiss National Bank lifted its position in shares of Duke Energy by 7.1% in the first quarter. Swiss National Bank now owns 2,282,341 shares of the utilities provider's stock worth $298,850,000 after purchasing an additional 151,400 shares in the last quarter. National Pension Service lifted its position in Duke Energy by 1.8% during the 2nd quarter. National Pension Service now owns 2,124,004 shares of the utilities provider's stock worth $268,856,000 after buying an additional 36,835 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Duke Energy by 2.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,092,284 shares of the utilities provider's stock worth $273,979,000 after acquiring an additional 58,967 shares in the last quarter. 65.31% of the stock is currently owned by institutional investors and hedge funds.

Duke Energy Trading Down 1.0%

Shares of NYSE DUK opened at $123.60 on Thursday. The stock has a market cap of $96.37 billion, a P/E ratio of 18.56, a price-to-earnings-growth ratio of 2.92 and a beta of 0.36. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.43 and a current ratio of 0.66. Duke Energy Corporation has a 52-week low of $112.40 and a 52-week high of $134.49. The firm has a 50 day moving average price of $118.97 and a two-hundred day moving average price of $124.16.

Duke Energy (NYSE:DUK - Get Free Report) last announced its 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. The firm had revenue of $7.59 billion for the quarter, compared to the consensus estimate of $7.66 billion. Duke Energy had a return on equity of 9.78% and a net margin of 15.78%. The business's quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.25 EPS. As a group, equities analysts forecast that Duke Energy Corporation will post 6.72 EPS for the current year.

Duke Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Friday, November 13th will be issued a dividend of $1.0850 per share. This represents a $4.34 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Friday, November 13th. Duke Energy's dividend payout ratio is presently 65.17%.

Key Headlines Impacting Duke Energy

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

• Positive Sentiment: Duke Energy’s “energy vampire” campaign in Florida highlights ways customers can reduce electricity waste and bills. The initiative could strengthen customer engagement and support the company’s efficiency and demand-management efforts, although its direct financial impact is likely limited. Why Duke Energy Is Back in the Spotlight
• Positive Sentiment: Coverage of Duke Energy among reliable-income and blue-chip dividend stocks reinforces its appeal to defensive and income-oriented investors. Regulated utility earnings and dividend consistency remain supportive of the stock’s valuation. 5 Utility Stocks Paying Reliable Income Without the Dividend Risk
• Positive Sentiment: Analysts expect Duke Energy’s upcoming third-quarter results to show a single-digit earnings increase, suggesting relatively stable operating momentum ahead of the report. Duke Energy Earnings Preview
• Neutral Sentiment: Power was restored to more than 6,500 customers in Iredell County, reducing the immediate impact of a local outage but underscoring routine reliability and storm-response demands. Power Restored for Duke Energy Customers
• Negative Sentiment: Approximately 10,000 customers in Troutman and Iredell County temporarily lost power. Although restoration efforts were underway, outages can create short-term service costs and reputational pressure for the utility. Duke Energy Working to Restore Power

Analysts Set New Price Targets

A number of analysts have commented on the stock. Weiss Ratings reiterated a "buy (b)" rating on shares of Duke Energy in a research note on Friday, July 31st. Barclays dropped their target price on Duke Energy from $132.00 to $124.00 and set an "overweight" rating for the company in a report on Friday, October 9th. HSBC started coverage on Duke Energy in a research note on Thursday, October 22nd. They issued a "hold" rating and a $123.00 price target for the company. KeyCorp cut their price objective on shares of Duke Energy from $139.00 to $128.00 and set an "overweight" rating for the company in a research report on Tuesday, October 13th. Finally, JPMorgan Chase & Co. reduced their target price on Duke Energy from $137.00 to $130.00 and set a "neutral" rating on the stock in a report on Tuesday, October 13th. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Duke Energy has a consensus rating of "Moderate Buy" and an average price target of $132.19.

Duke Energy Profile

Duke Energy Corporation is an energy holding company that provides regulated electric and natural gas utility services in the United States. Its electric utilities generate, transmit, distribute and sell electricity to residential, commercial, industrial and other customers. The company's generation portfolio includes nuclear, natural gas, coal, hydroelectric and renewable energy resources.

Duke Energy serves customers primarily in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky.

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