NEOS Investment Management LLC Has $15.99 Million Stock Position in Duke Energy Corporation $DUK

Key Points

• NEOS Investment Management increased its Duke Energy position by 13.7% in the second quarter, holding 126,358 shares valued at approximately $15.99 million. Institutional investors and hedge funds collectively own 65.31% of the company.
• Duke Energy reported second-quarter earnings of $1.43 per share, beating estimates of $1.30, while revenue of $7.59 billion fell slightly short of forecasts. The company also raised its quarterly dividend to $1.085, implying a 3.6% annual yield.
• The stock opened at $120.11, below its 50- and 200-day moving averages, while analysts maintain a “Moderate Buy” consensus with a $137.94 price target. Potential headwinds include a proposed Florida rate cut that could pressure revenue and recent North Carolina outages.

NEOS Investment Management LLC lifted its position in Duke Energy Corporation (NYSE:DUK - Free Report) by 13.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,358 shares of the utilities provider's stock after buying an additional 15,220 shares during the period. NEOS Investment Management LLC's holdings in Duke Energy were worth $15,994,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Basso Capital Management L.P. acquired a new stake in shares of Duke Energy in the 4th quarter valued at about $25,000. Evolution Wealth Management Inc. boosted its holdings in Duke Energy by 1,111.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider's stock worth $26,000 after purchasing an additional 200 shares during the last quarter. Triumph Capital Management grew its position in Duke Energy by 68.6% in the fourth quarter. Triumph Capital Management now owns 231 shares of the utilities provider's stock valued at $27,000 after purchasing an additional 94 shares in the last quarter. Cornerstone Financial Management LLC acquired a new stake in Duke Energy in the 4th quarter valued at $28,000. Finally, Evergreen Advisors LLC bought a new stake in Duke Energy during the 1st quarter worth about $36,000. 65.31% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about 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 Down 1.1%

DUK stock opened at $120.11 on Friday. The stock's 50 day simple moving average is $124.76 and its 200 day simple moving average is $126.45. The company has a market cap of $93.65 billion, a P/E ratio of 18.03, a price-to-earnings-growth ratio of 2.83 and a beta of 0.37. 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 fifty-two week low of $113.89 and a fifty-two week high of $134.49.

Duke Energy (NYSE:DUK - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.43 EPS for the quarter, beating analysts' consensus estimates of $1.30 by $0.13. The firm had revenue of $7.59 billion during the quarter, compared to analysts' expectations of $7.66 billion. Duke Energy had a return on equity of 9.78% and a net margin of 15.78%.The company's revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.25 earnings per share. On average, research analysts expect that Duke Energy Corporation will post 6.72 earnings per share for the current fiscal year.

Duke Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be paid a $1.085 dividend. This is a boost from Duke Energy's previous quarterly dividend of $1.06. The ex-dividend date is Friday, August 14th. 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%.

Analyst Upgrades and Downgrades

DUK has been the topic of a number of research analyst reports. Truist Financial dropped their target price on shares of Duke Energy from $138.00 to $135.00 and set a "buy" rating on the stock in a report on Monday, August 17th. Evercore raised their target price on shares of Duke Energy from $139.00 to $140.00 in a report on Monday, May 11th. UBS Group decreased their price objective on shares of Duke Energy from $137.00 to $135.00 in a research note on Monday, May 11th. BMO Capital Markets decreased their target price on Duke Energy from $134.00 to $132.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 5th. Finally, Morgan Stanley lowered their price target on shares of Duke Energy from $138.00 to $133.00 and set an "equal weight" rating for the company in a report on Friday, August 21st. Ten investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $137.94.

Duke Energy Company Profile

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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