Duke Energy Corporation $DUK Stock Bought by Kestra Advisory Services LLC

Key Points

• Kestra Advisory Services increased its Duke Energy holdings by 14.4% in the third quarter, adding 29,641 shares and bringing its position to 236,001 shares, valued at about $26.9 million.
• Duke Energy reported quarterly EPS of $1.99, beating estimates of $1.86, while revenue rose 6.6% year over year to $9.1 billion. The company declared a quarterly dividend of $1.085 per share, a 3.4% yield at the stock price cited.
• Analysts’ consensus rating is Moderate Buy, with an average price target of $132.19; nine analysts rate the shares Buy and nine Hold.

Kestra Advisory Services LLC grew its holdings in shares of Duke Energy Corporation (NYSE:DUK - Free Report) by 14.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 236,001 shares of the utilities provider's stock after buying an additional 29,641 shares during the period. Kestra Advisory Services LLC's holdings in Duke Energy were worth $26,906,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DUK. Bank of New York Mellon Corp bought a new stake in shares of Duke Energy during the 2nd quarter valued at about $605,680,000. Janus Henderson Group PLC boosted its position in Duke Energy by 5,254.4% during 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 acquiring an additional 2,684,721 shares in the last quarter. Swiss National Bank grew its holdings in shares of Duke Energy by 7.1% during the 1st quarter. Swiss National Bank now owns 2,282,341 shares of the utilities provider's stock worth $298,850,000 after acquiring an additional 151,400 shares during the period. National Pension Service lifted its stake in shares of Duke Energy by 1.8% in the 2nd quarter. National Pension Service now owns 2,124,004 shares of the utilities provider's stock valued at $268,856,000 after purchasing an additional 36,835 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of 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 valued at $273,979,000 after purchasing an additional 58,967 shares in the last quarter. Institutional investors own 65.31% of the company's stock.

Duke Energy Stock Performance

Duke Energy stock opened at $127.91 on Friday. Duke Energy Corporation has a twelve month low of $112.40 and a twelve month high of $134.49. The company has a quick ratio of 0.43, a current ratio of 0.68 and a debt-to-equity ratio of 1.49. The company has a market capitalization of $99.73 billion, a P/E ratio of 18.70, a PEG ratio of 2.98 and a beta of 0.33. The stock's 50 day moving average is $119.84 and its 200 day moving average is $124.51.

Duke Energy (NYSE:DUK - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The utilities provider reported $1.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.86 by $0.13. Duke Energy had a return on equity of 9.82% and a net margin of 15.94%. The business had revenue of $9.10 billion during the quarter, compared to analysts' expectations of $8.91 billion. During the same quarter in the previous year, the business earned $1.81 earnings per share. The firm's quarterly revenue was up 6.6% compared to the same quarter last year. On average, equities research analysts predict that Duke Energy Corporation will post 6.72 earnings per share for the current fiscal year.

Duke Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Friday, November 13th will be issued a dividend of $1.0850 per share. The ex-dividend date is Friday, November 13th. This represents a $4.34 annualized dividend and a dividend yield of 3.4%. Duke Energy's dividend payout ratio (DPR) is presently 65.17%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Morgan Stanley increased their price objective on Duke Energy from $127.00 to $128.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 21st. Truist Financial reduced their target price on shares of Duke Energy from $135.00 to $130.00 and set a "buy" rating on the stock in a research report on Monday, October 12th. KeyCorp reduced their target price on shares of Duke Energy from $139.00 to $128.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 13th. Jefferies Financial Group reiterated a "hold" rating and issued a $121.00 price target on shares of Duke Energy in a research note on Monday, October 12th. Finally, Scotiabank lowered their price target on shares of Duke Energy from $146.00 to $131.00 in a research report on Wednesday, September 30th. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $132.19.

Insider Activity

In other news, EVP Bonnie Titone sold 2,900 shares of Duke Energy stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $128.00, for a total value of $371,200.00. Following the completion of the transaction, the executive vice president owned 26,111 shares of the company's stock, valued at $3,342,208. The trade was a 10.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.12% of the stock is currently owned by corporate insiders.

Trending Headlines about Duke Energy

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

• Positive Sentiment: Third-quarter adjusted earnings were $1.99 per share, ahead of estimates, while revenue rose 6.6% year over year to $9.1 billion. Duke also lifted the lower end of its 2026 adjusted EPS guidance, to a range of $6.70–$6.80. Article: Duke 3Q Net Up, Boosts Lower End of 2026 Adjusted EPS View
• Positive Sentiment: Data-center demand and population growth are supporting the outlook. Duke says its large-load pipeline is about 15.4 GW and is maintaining a growth strategy backed by a $103 billion capital plan. Article: Duke Energy to stay course on data center-fueled growth plan
• Neutral Sentiment: Duke Energy Florida received approval for lower 2027 rates after using a tax approach that avoided a planned base-rate increase. Lower bills may benefit customers, while potentially limiting revenue growth. Article: Florida PSC approved request by Duke Energy Florida to reduce rates
• Negative Sentiment: The scale of the capital plan and the need for regulatory approvals create execution and financing risks. A proposed gas facility in Davidson County is also drawing community opposition, adding potential local permitting challenges. Article: Davidson County commissioners to vote on controversial Duke Energy gas facility

Duke Energy Company Profile

Duke Energy is a U.S. energy company focused primarily on regulated electric utilities and natural gas distribution. Its businesses generate, transmit and distribute electricity, and provide natural gas service to residential, commercial and industrial customers.

The company serves electric customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. Its natural gas distribution operations serve customers in several states, including North Carolina, South Carolina, Ohio, Kentucky and Tennessee.

Duke Energy's power generation portfolio includes nuclear, natural gas, coal, hydroelectric and renewable resources.

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