Y Intercept Hong Kong Ltd acquired a new stake in shares of Duke Energy Corporation (NYSE:DUK – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 32,323 shares of the utilities provider’s stock, valued at approximately $4,091,000.
Other large investors have also recently modified their holdings of the company. Basso Capital Management L.P. bought a new stake in shares of Duke Energy during the 4th quarter worth $25,000. Evolution Wealth Management Inc. grew its position in Duke Energy by 1,111.1% in the fourth quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 200 shares during the last quarter. Triumph Capital Management raised its stake in Duke Energy by 68.6% during the fourth quarter. Triumph Capital Management now owns 231 shares of the utilities provider’s stock worth $27,000 after acquiring an additional 94 shares in the last quarter. Cornerstone Financial Management LLC acquired a new position in Duke Energy during the fourth quarter worth about $28,000. Finally, Evergreen Advisors LLC bought a new position in shares of Duke Energy in the first quarter worth about $36,000. Institutional investors and hedge funds own 65.31% of the company’s stock.
Trending Headlines about Duke Energy
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Duke Energy restored electricity to more than 171,000 customers in Greater Cincinnati within 24 hours of severe storms. More than 1,000 additional workers are joining the effort, which could limit prolonged service disruption and reputational damage. Duke Energy restores more than 171,000 outages across Greater Cincinnati
- Positive Sentiment: The restoration progress follows a major outage event that initially affected more than 180,000 customers in Ohio and Kentucky, demonstrating the company’s ability to mobilize crews and begin repairs quickly. More than 160,000 Duke Energy customers remain without power
- Neutral Sentiment: North Carolina regulators are considering Duke Energy’s rate cases, while the company has nearly halved its proposed increase for some Eastern North Carolina and Asheville customers. A lower approved increase could reduce near-term revenue and earnings potential, but a settlement would remove regulatory uncertainty. Duke Energy cuts proposed rate hike
- Neutral Sentiment: Hot weather is driving electricity demand and higher customer bills, while Duke is urging conservation. Increased usage may support revenue, but affordability concerns could intensify regulatory scrutiny. Energy demand spikes as Duke urges customers to cut usage
- Negative Sentiment: Duke priced a $1.75 billion offering of 35 million equity units. Because the units include future purchases of Duke common stock, the transaction introduces potential shareholder dilution and highlights the company’s substantial capital-financing needs. Duke Energy announces pricing of equity units offering
- Negative Sentiment: The Cincinnati storms caused extensive damage, fallen trees and road closures. Although power is being restored, repair and storm-response expenses could pressure near-term cash flow and earnings.
Analyst Ratings Changes
View Our Latest Stock Analysis on Duke Energy
Duke Energy Stock Down 0.0%
NYSE:DUK opened at $123.15 on Thursday. Duke Energy Corporation has a one year low of $113.89 and a one year high of $134.49. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.66 and a quick ratio of 0.43. The company has a market cap of $96.02 billion, a PE ratio of 18.49, a P/E/G ratio of 2.71 and a beta of 0.38. The firm’s 50 day simple moving average is $125.72 and its 200 day simple moving average is $126.50.
Duke Energy (NYSE:DUK – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 15.78% and a return on equity of 9.78%. The company’s revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.25 EPS. Duke Energy has set its FY 2026 guidance at 6.550-6.800 EPS. On average, research analysts anticipate that Duke Energy Corporation will post 6.72 earnings per share for the current year.
Duke Energy Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Friday, August 14th will be given a dividend of $1.085 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $4.34 annualized dividend and a yield of 3.5%. This is an increase from Duke Energy’s previous quarterly dividend of $1.06. Duke Energy’s dividend payout ratio is 63.96%.
About Duke Energy
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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