Go Pro

Nykredit A S Invests $17.11 Million in Duke Energy Corporation $DUK

Duke Energy logo with Utilities background
Image from MarketBeat Media, LLC.

Key Points

  • Nykredit A/S purchased 135,138 Duke Energy shares worth approximately $17.11 million in the second quarter. Institutional investors collectively own 65.31% of the company.
  • Duke Energy reported second-quarter EPS of $1.43, beating estimates of $1.30, while revenue of $7.59 billion fell slightly short of forecasts. The company increased its quarterly dividend to $1.085, implying a 3.6% annualized yield.
  • Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $137.94 target price, though several firms recently lowered their price objectives. Proposed Florida rate cuts could pressure revenue but may reduce customer and regulatory concerns.
  • Five stocks to consider instead of Duke Energy.

Nykredit A S purchased a new stake in shares of Duke Energy Corporation (NYSE:DUK - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 135,138 shares of the utilities provider's stock, valued at approximately $17,106,000.

Other institutional investors have also bought and sold shares of the company. InTrack Investment Management Inc raised its position in shares of Duke Energy by 4.7% during the 2nd quarter. InTrack Investment Management Inc now owns 16,012 shares of the utilities provider's stock worth $2,027,000 after buying an additional 724 shares in the last quarter. B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of Duke Energy by 15.1% in the second quarter. B. Metzler seel. Sohn & Co. AG now owns 18,471 shares of the utilities provider's stock valued at $2,338,000 after acquiring an additional 2,429 shares in the last quarter. Beacon Financial Advisory LLC increased its stake in shares of Duke Energy by 17.6% during the second quarter. Beacon Financial Advisory LLC now owns 1,847 shares of the utilities provider's stock valued at $234,000 after acquiring an additional 276 shares during the period. Symphony Financial Ltd. Co. raised its holdings in Duke Energy by 12.0% during the second quarter. Symphony Financial Ltd. Co. now owns 18,393 shares of the utilities provider's stock worth $2,358,000 after purchasing an additional 1,970 shares in the last quarter. Finally, Chesapeake Wealth Management lifted its position in Duke Energy by 52.6% in the second quarter. Chesapeake Wealth Management now owns 3,017 shares of the utilities provider's stock worth $382,000 after purchasing an additional 1,040 shares during the period. Institutional investors and hedge funds own 65.31% of the company's stock.

Key Headlines 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

Wall Street Analysts Forecast Growth

DUK has been the subject of several research analyst reports. Mizuho set a $136.00 price objective on Duke Energy in a report on Wednesday, August 5th. Morgan Stanley cut 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. BMO Capital Markets reduced their price objective on shares of Duke Energy from $134.00 to $132.00 and set an "outperform" rating for the company 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 on the stock in a report on Wednesday, August 5th. Finally, BTIG Research restated a "buy" rating on shares of Duke Energy in a 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. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $137.94.

Check Out Our Latest Research Report on DUK

Duke Energy Trading Down 1.1%

NYSE:DUK opened at $120.11 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.66 and a debt-to-equity ratio of 1.47. Duke Energy Corporation has a 1-year low of $113.89 and a 1-year high of $134.49. The firm has a market capitalization of $93.65 billion, a price-to-earnings ratio of 18.03, a price-to-earnings-growth ratio of 2.83 and a beta of 0.37. The stock has a fifty day simple moving average of $124.76 and a 200 day simple moving average of $126.45.

Duke Energy (NYSE:DUK - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.43 earnings per share (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 revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.25 EPS. Sell-side analysts forecast that Duke Energy Corporation will post 6.72 earnings per share for the current year.

Duke Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Friday, August 14th will be issued a $1.085 dividend. The ex-dividend date is Friday, August 14th. 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%. Duke Energy's dividend payout ratio is currently 65.17%.

Duke Energy Company Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Duke Energy (NYSE:DUK)

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.

Should You Invest $1,000 in Duke Energy Right Now?

Before you consider Duke Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Duke Energy wasn't on the list.

While Duke Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines