Duke Energy Corporation $DUK Stock Position Raised by Saudi Central Bank

Saudi Central Bank boosted its holdings in Duke Energy Corporation (NYSE:DUK) by 89.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,475 shares of the utilities provider’s stock after acquiring an additional 25,771 shares during the period. Saudi Central Bank’s holdings in Duke Energy were worth $6,895,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. World Investment Advisors grew its holdings in Duke Energy by 62.7% in the 4th quarter. World Investment Advisors now owns 42,680 shares of the utilities provider’s stock worth $5,003,000 after buying an additional 16,450 shares in the last quarter. Merit Financial Group LLC raised its stake in Duke Energy by 15.7% during the 2nd quarter. Merit Financial Group LLC now owns 70,388 shares of the utilities provider’s stock valued at $8,910,000 after acquiring an additional 9,562 shares in the last quarter. Sarasin & Partners LLP raised its stake in Duke Energy by 15.3% during the 2nd quarter. Sarasin & Partners LLP now owns 1,283,213 shares of the utilities provider’s stock valued at $162,429,000 after acquiring an additional 170,700 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. acquired a new position in Duke Energy during the 4th quarter worth $1,316,000. Finally, Pinebridge Investments LLC bought a new position in shares of Duke Energy in the fourth quarter worth $6,326,000. 65.31% of the stock is currently owned by institutional investors and hedge funds.

Duke Energy Trading Down 1.1%

Shares of DUK stock 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. The stock has a 50-day simple moving average of $124.76 and a 200 day simple moving average of $126.45. Duke Energy Corporation has a fifty-two week low of $113.89 and a fifty-two week high of $134.49. The stock has a market capitalization of $93.65 billion, a P/E ratio of 18.03, a P/E/G ratio of 2.80 and a beta of 0.37.

Duke Energy (NYSE:DUK) last issued its quarterly earnings results on Monday, August 3rd. The utilities provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.13. The company had revenue of $7.59 billion during the quarter, compared to the consensus estimate of $7.66 billion. Duke Energy had a net margin of 15.78% and a return on equity of 9.78%. Duke Energy’s revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.25 EPS. On average, sell-side analysts expect that Duke Energy Corporation will post 6.72 earnings per share for the current fiscal year.

Duke Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be issued a $1.085 dividend. This is an increase from Duke Energy’s previous quarterly dividend of $1.06. This represents a $4.34 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Friday, August 14th. Duke Energy’s dividend payout ratio is currently 65.17%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DUK. Truist Financial cut their price objective on shares of Duke Energy from $138.00 to $135.00 and set a “buy” rating on the stock in a research note on Monday, August 17th. BMO Capital Markets decreased their target price 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. UBS Group lowered their target price on shares of Duke Energy from $137.00 to $135.00 in a research note on Monday, May 11th. Weiss Ratings restated a “buy (b)” rating on shares of Duke Energy in a research report on Friday, July 31st. Finally, Barclays reduced their price target on shares of Duke Energy from $140.00 to $132.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $137.94.

Key Stories 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

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.