Duke Energy Corporation $DUK Stock: Curated Wealth Partners LLC Trims Position

Key Points

• Curated Wealth Partners LLC cut its Duke Energy stake by 88.3% in the third quarter, selling 47,606 shares and retaining 6,332 shares valued at approximately $722,000. Institutional investors and hedge funds collectively own 65.31% of DUK.
• Analysts maintain a generally positive outlook, with nine Buy ratings and eight Hold ratings producing a “Moderate Buy” consensus and an average price target of $132.73, despite several recent target-price reductions.
• Duke Energy reported quarterly EPS of $1.43, exceeding the $1.30 consensus estimate, while revenue rose 1.1% year over year to $7.59 billion. The company also declared a quarterly dividend of $1.085, representing a 3.6% annualized yield.

Curated Wealth Partners LLC reduced its position in Duke Energy Corporation (NYSE:DUK - Free Report) by 88.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,332 shares of the utilities provider's stock after selling 47,606 shares during the quarter. Curated Wealth Partners LLC's holdings in Duke Energy were worth $722,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DUK. Basso Capital Management L.P. purchased a new position in shares of Duke Energy in the fourth quarter valued at $25,000. IAG Wealth Partners LLC grew its stake in Duke Energy by 154.6% during the 1st quarter. IAG Wealth Partners LLC now owns 275 shares of the utilities provider's stock valued at $36,000 after purchasing an additional 167 shares in the last quarter. Evergreen Advisors LLC acquired a new stake in shares of Duke Energy during the first quarter worth approximately $36,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Duke Energy during the first quarter worth approximately $38,000. Finally, Millstone Evans Group LLC boosted its stake in Duke Energy by 53.1% during the 1st quarter. Millstone Evans Group LLC now owns 297 shares of the utilities provider's stock valued at $39,000 after acquiring an additional 103 shares during the last quarter. 65.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently commented on DUK shares. BTIG Research reaffirmed a "buy" rating on shares of Duke Energy in a report on Thursday, July 23rd. Morgan Stanley reduced their target price on shares of Duke Energy from $133.00 to $127.00 and set an "equal weight" rating for the company in a research note on Friday, September 18th. Truist Financial reduced their price objective on Duke Energy from $135.00 to $130.00 and set a "buy" rating for the company in a research report on Monday. Mizuho set a $136.00 price target on Duke Energy in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group reiterated a "hold" rating and issued a $121.00 target price on shares of Duke Energy in a research report on Monday. Nine analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $132.73.

Duke Energy Stock Down 0.6%

Shares of NYSE:DUK opened at $118.91 on Friday. The firm has a 50 day simple moving average of $119.02 and a 200 day simple moving average of $123.80. The company has a market cap of $92.71 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 2.79 and a beta of 0.36. Duke Energy Corporation has a 52 week low of $112.40 and a 52 week high of $134.49. 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 (NYSE:DUK - Get Free Report) last released 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 return on equity of 9.78% and a net margin of 15.78%. The company had revenue of $7.59 billion for the quarter, compared to analysts' expectations of $7.66 billion. During the same quarter in the previous year, the business posted $1.25 EPS. The business's revenue for the quarter was up 1.1% on a year-over-year basis. As a group, research analysts expect that Duke Energy Corporation will post 6.71 earnings per share for the current year.

Duke Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Friday, November 13th will be issued a $1.0850 dividend. The ex-dividend date is Friday, November 13th. This represents a $4.34 dividend on an annualized basis and a yield of 3.6%. Duke Energy's dividend payout ratio is currently 65.17%.

Key Duke Energy News

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

• Positive Sentiment: North Carolina officials described Duke Energy’s proposed large-load tariff for data centers as a “massive step forward.” The tariff could help ensure that large new customers bear the costs of infrastructure and electricity demand, limiting potential risks to residential customers and supporting Duke’s long-term growth. North Carolina officials respond to Duke Energy tariff proposal
• Positive Sentiment: Analysts’ average price target for DUK is reported at $133.38, above the stock’s recent trading level, suggesting continued potential upside. Duke Energy average price target
• Neutral Sentiment: Duke Energy recently outperformed the broader market in one session, rising 1.23% to $119.64, but the move was reported as market-performance commentary rather than a company-specific fundamental development. Duke Energy rises despite market decline
• Negative Sentiment: KeyCorp lowered its 2026 EPS forecast to $6.64 from $6.70 and cut its estimates for both the third quarter, to $1.88 from $1.99, and the fourth quarter, to $1.43 from $1.57. The revisions fall below the $6.72 full-year consensus and may weigh on investor sentiment, despite KeyCorp maintaining an “Overweight” rating and a $128 target.
• Negative Sentiment: JPMorgan Chase also reduced its price target for Duke Energy, adding to the recent analyst caution. KeyBanc previously cut its target to $128 from $139, reinforcing concerns about more limited near-term upside. JPMorgan cuts Duke Energy price target

Duke Energy Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.