Duke Energy Corporation $DUK Shares Acquired by Huntleigh Advisors Inc.

Huntleigh Advisors Inc. lifted its position in Duke Energy Corporation (NYSE:DUK) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,888 shares of the utilities provider’s stock after acquiring an additional 103 shares during the period. Huntleigh Advisors Inc.’s holdings in Duke Energy were worth $931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kanawha Capital Management LLC grew its stake in Duke Energy by 14.2% during the 2nd quarter. Kanawha Capital Management LLC now owns 7,489 shares of the utilities provider’s stock valued at $884,000 after purchasing an additional 929 shares during the last quarter. Nicholson Wealth Management Group LLC lifted its holdings in shares of Duke Energy by 7.8% during the second quarter. Nicholson Wealth Management Group LLC now owns 2,291 shares of the utilities provider’s stock worth $270,000 after purchasing an additional 166 shares during the period. Chevy Chase Trust Holdings LLC raised its position in Duke Energy by 1.2% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 413,454 shares of the utilities provider’s stock worth $48,788,000 after buying an additional 4,766 shares during the last quarter. Stratos Wealth Partners LTD. lifted its stake in Duke Energy by 7.7% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 47,191 shares of the utilities provider’s stock valued at $5,569,000 after acquiring an additional 3,373 shares during the period. Finally, Stratos Wealth Advisors LLC boosted its holdings in shares of Duke Energy by 3.5% in the 2nd quarter. Stratos Wealth Advisors LLC now owns 6,821 shares of the utilities provider’s stock valued at $805,000 after acquiring an additional 233 shares during the last quarter. Institutional investors and hedge funds own 65.31% of the company’s stock.

Duke Energy Stock Performance

Shares of NYSE:DUK opened at $128.55 on Friday. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.66 and a quick ratio of 0.42. Duke Energy Corporation has a 1 year low of $105.20 and a 1 year high of $129.51. The firm has a market capitalization of $99.96 billion, a PE ratio of 20.90, a P/E/G ratio of 3.13 and a beta of 0.44. The business’s 50 day moving average price is $123.34 and its 200-day moving average price is $120.13.

Duke Energy (NYSE:DUK) last announced its quarterly earnings data on Tuesday, August 5th. The utilities provider reported $1.25 earnings per share for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.04). Duke Energy had a net margin of 15.51% and a return on equity of 9.85%. The firm had revenue of $7.51 billion during the quarter, compared to analysts’ expectations of $7.07 billion. During the same quarter in the previous year, the business posted $1.18 EPS. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Duke Energy has set its FY 2025 guidance at 6.170-6.420 EPS. As a group, equities research analysts expect that Duke Energy Corporation will post 6.33 earnings per share for the current fiscal year.

Duke Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 16th. Investors of record on Friday, November 14th will be paid a dividend of $1.065 per share. This represents a $4.26 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Friday, November 14th. Duke Energy’s dividend payout ratio is currently 69.27%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Morgan Stanley reduced their price objective on Duke Energy from $129.00 to $127.00 and set an “equal weight” rating for the company in a research note on Thursday, September 25th. BMO Capital Markets increased their target price on shares of Duke Energy from $132.00 to $135.00 and gave the stock an “outperform” rating in a research note on Friday, October 10th. TD Cowen started coverage on Duke Energy in a report on Thursday. They issued a “buy” rating and a $143.00 price objective on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Duke Energy in a research report on Wednesday, October 8th. Finally, Barclays boosted their price target on shares of Duke Energy from $131.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $136.77.

Insider Transactions at Duke Energy

In other Duke Energy news, EVP Thomas Preston Jr. Gillespie sold 6,700 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $124.26, for a total value of $832,542.00. Following the transaction, the executive vice president directly owned 46,422 shares of the company’s stock, valued at $5,768,397.72. This trade represents a 12.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Bonnie B. Titone sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $124.38, for a total value of $248,760.00. Following the completion of the sale, the senior vice president owned 19,608 shares of the company’s stock, valued at $2,438,843.04. This trade represents a 9.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.14% of the stock is currently owned by corporate insiders.

Duke Energy Profile

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest.