Mather Group LLC. lifted its holdings in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 81.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 64,668 shares of the utilities provider’s stock after acquiring an additional 29,119 shares during the quarter. Mather Group LLC.’s holdings in Duke Energy were worth $7,373,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of New York Mellon Corp bought a new stake in Duke Energy in the 2nd quarter valued at $605,680,000. Janus Henderson Group PLC lifted its holdings in Duke Energy by 5,254.4% during the 1st quarter. Janus Henderson Group PLC now owns 2,735,816 shares of the utilities provider’s stock valued at $358,227,000 after purchasing an additional 2,684,721 shares during the last quarter. Swiss National Bank boosted its position in Duke Energy by 7.1% during the first quarter. Swiss National Bank now owns 2,282,341 shares of the utilities provider’s stock worth $298,850,000 after purchasing an additional 151,400 shares during the period. Dimensional Fund Advisors LP boosted its position in Duke Energy by 2.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,092,284 shares of the utilities provider’s stock worth $273,979,000 after purchasing an additional 58,967 shares during the period. Finally, National Pension Service increased its holdings in shares of Duke Energy by 1.8% in the second quarter. National Pension Service now owns 2,124,004 shares of the utilities provider’s stock valued at $268,856,000 after purchasing an additional 36,835 shares during the last quarter. 65.31% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on DUK. Morgan Stanley dropped their price objective on shares of Duke Energy from $133.00 to $127.00 and set an “equal weight” rating on the stock in a research report on Friday, September 18th. Jefferies Financial Group reaffirmed a “hold” rating and set a $121.00 target price on shares of Duke Energy in a report on Monday. Wall Street Zen downgraded shares of Duke Energy from a “hold” rating to a “sell” rating in a report on Saturday, September 19th. Scotiabank decreased their price target on shares of Duke Energy from $146.00 to $131.00 in a research note on Wednesday, September 30th. Finally, BMO Capital Markets lowered their price target on shares of Duke Energy from $134.00 to $132.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Nine research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $132.73.
Read Our Latest Research Report on Duke Energy
Duke Energy Price Performance
Shares of Duke Energy stock opened at $118.91 on Friday. Duke Energy Corporation has a twelve month low of $112.40 and a twelve month high of $134.49. 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 company has a 50-day simple moving average of $119.02 and a two-hundred day simple moving average of $123.80. The stock has a market capitalization of $92.71 billion, a price-to-earnings ratio of 17.85, a price-to-earnings-growth ratio of 2.79 and a beta of 0.36.
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, beating analysts’ consensus estimates of $1.30 by $0.13. Duke Energy had a net margin of 15.78% and a return on equity of 9.78%. The firm had revenue of $7.59 billion during the quarter, compared to the consensus estimate of $7.66 billion. During the same quarter in the previous year, the firm posted $1.25 EPS. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. Analysts forecast that Duke Energy Corporation will post 6.71 EPS for the current year.
Duke Energy Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Friday, November 13th will be given a $1.0850 dividend. This represents a $4.34 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Friday, November 13th. Duke Energy’s payout ratio is presently 65.17%.
Trending Headlines about Duke Energy
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: North Carolina officials described Duke Energy’s proposed large-load tariff for data centers as a “massive step forward.” The tariff could help ensure that large new customers bear the costs of infrastructure and electricity demand, limiting potential risks to residential customers and supporting Duke’s long-term growth. North Carolina officials respond to Duke Energy tariff proposal
- Positive Sentiment: Analysts’ average price target for DUK is reported at $133.38, above the stock’s recent trading level, suggesting continued potential upside. Duke Energy average price target
- Neutral Sentiment: Duke Energy recently outperformed the broader market in one session, rising 1.23% to $119.64, but the move was reported as market-performance commentary rather than a company-specific fundamental development. Duke Energy rises despite market decline
- Negative Sentiment: KeyCorp lowered its 2026 EPS forecast to $6.64 from $6.70 and cut its estimates for both the third quarter, to $1.88 from $1.99, and the fourth quarter, to $1.43 from $1.57. The revisions fall below the $6.72 full-year consensus and may weigh on investor sentiment, despite KeyCorp maintaining an “Overweight” rating and a $128 target.
- Negative Sentiment: JPMorgan Chase also reduced its price target for Duke Energy, adding to the recent analyst caution. KeyBanc previously cut its target to $128 from $139, reinforcing concerns about more limited near-term upside. JPMorgan cuts Duke Energy price target
About Duke Energy
Duke Energy Corporation (NYSE: DUK) is an energy holding company that operates regulated electric and natural gas utilities in the United States. Its electric utilities generate, transmit, distribute and sell electricity to residential, commercial, industrial and other customers.
The company serves customers across the Carolinas, Florida, Indiana, Ohio and Kentucky. Duke Energy also operates natural gas utilities and related infrastructure in several states, including North Carolina, South Carolina, Ohio, Kentucky and Tennessee.
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