Duke Energy Corporation (NYSE:DUK) Receives Average Rating of “Moderate Buy” from Analysts

by · The Markets Daily

Duke Energy Corporation (NYSE:DUKGet Free Report) has been given an average rating of “Moderate Buy” by the eighteen brokerages that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $133.8750.

A number of equities research analysts have recently commented on DUK shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Duke Energy in a research report on Monday, December 29th. UBS Group decreased their target price on shares of Duke Energy from $135.00 to $126.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. TD Cowen initiated coverage on Duke Energy in a report on Thursday, October 16th. They set a “buy” rating and a $143.00 target price on the stock. Morgan Stanley reaffirmed an “underperform” rating and issued a $130.00 price target on shares of Duke Energy in a report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. lowered their price objective on Duke Energy from $136.00 to $126.00 and set a “neutral” rating on the stock in a research note on Thursday, December 11th.

Read Our Latest Research Report on DUK

Insider Buying and Selling

In other Duke Energy news, EVP Robert Alexander Glenn sold 8,200 shares of Duke Energy stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $123.80, for a total transaction of $1,015,160.00. Following the transaction, the executive vice president directly owned 11,367 shares of the company’s stock, valued at $1,407,234.60. The trade was a 41.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.14% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in DUK. Pflug Koory LLC raised its holdings in Duke Energy by 3.0% in the 3rd quarter. Pflug Koory LLC now owns 2,694 shares of the utilities provider’s stock valued at $333,000 after buying an additional 79 shares during the period. WealthShield Partners LLC raised its stake in shares of Duke Energy by 0.3% in the 2nd quarter. WealthShield Partners LLC now owns 25,453 shares of the utilities provider’s stock valued at $3,003,000 after acquiring an additional 80 shares during the period. Cypress Wealth Services LLC lifted its holdings in shares of Duke Energy by 1.7% in the 3rd quarter. Cypress Wealth Services LLC now owns 5,048 shares of the utilities provider’s stock worth $625,000 after acquiring an additional 82 shares during the last quarter. EWA LLC boosted its position in shares of Duke Energy by 3.9% during the 3rd quarter. EWA LLC now owns 2,203 shares of the utilities provider’s stock worth $273,000 after purchasing an additional 82 shares during the period. Finally, Mill Creek Capital Advisors LLC increased its holdings in Duke Energy by 4.6% in the 3rd quarter. Mill Creek Capital Advisors LLC now owns 1,854 shares of the utilities provider’s stock valued at $229,000 after purchasing an additional 82 shares during the last quarter. 65.31% of the stock is currently owned by institutional investors and hedge funds.

Duke Energy Price Performance

NYSE:DUK opened at $123.75 on Friday. The stock has a 50 day moving average of $118.14 and a two-hundred day moving average of $121.67. Duke Energy has a 12 month low of $110.51 and a 12 month high of $130.03. The firm has a market cap of $96.24 billion, a P/E ratio of 19.46, a price-to-earnings-growth ratio of 2.64 and a beta of 0.51. The company has a current ratio of 0.63, a quick ratio of 0.40 and a debt-to-equity ratio of 1.54.

Duke Energy (NYSE:DUKGet Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. Duke Energy had a return on equity of 9.98% and a net margin of 15.76%.The firm had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.57 billion. During the same period in the previous year, the company posted $1.66 earnings per share. Duke Energy has set its FY 2026 guidance at 6.550-6.800 EPS. On average, analysts expect that Duke Energy will post 6.33 earnings per share for the current fiscal year.

Duke Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 13th will be issued a $1.065 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $4.26 dividend on an annualized basis and a dividend yield of 3.4%. Duke Energy’s dividend payout ratio is currently 66.98%.

More Duke Energy News

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Duke Energy Company Profile

(Get 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.

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