Duke Energy (NYSE:DUK) Stock Gets Price Target Cut from JPMorgan Chase & Co.

Duke Energy (NYSE:DUK) had its price target trimmed by JPMorgan Chase & Co. from $137.00 to $130.00 in a research note released on Tuesday,Benzinga reports. They currently have a neutral rating on the utilities provider’s stock.

A number of other brokerages have also weighed in on DUK. BMO Capital Markets decreased their price objective on shares of Duke Energy from $134.00 to $132.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th. Truist Financial lowered their price objective on Duke Energy from $135.00 to $130.00 and set a “buy” rating on the stock in a research report on Monday. Weiss Ratings reiterated a “buy (b)” rating on shares of Duke Energy in a research note on Friday, July 31st. BTIG Research restated a “buy” rating on shares of Duke Energy in a research note on Thursday, July 23rd. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $121.00 price target on shares of Duke Energy in a report on Monday. Nine analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.73.

Duke Energy Stock Down 0.6%

NYSE:DUK opened at $118.91 on Tuesday. The firm has a market cap of $92.71 billion, a P/E ratio of 17.94, a P/E/G ratio of 2.79 and a beta of 0.36. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.43 and a current ratio of 0.66. Duke Energy has a fifty-two week low of $112.40 and a fifty-two week high of $134.49. The firm has a 50-day simple moving average of $119.02 and a two-hundred day simple moving average of $123.80.

Duke Energy (NYSE:DUK) last issued its earnings results on Monday, August 3rd. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.13. The business 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 business’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.25 earnings per share. Analysts predict that Duke Energy will post 6.71 earnings per share for the current fiscal year.

Duke Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Friday, November 13th will be given a dividend of $1.0850 per share. The ex-dividend date is Friday, November 13th. This represents a $4.34 dividend on an annualized basis and a yield of 3.6%. Duke Energy’s dividend payout ratio is 65.17%.

Institutional Investors Weigh In On Duke Energy

A number of large investors have recently added to or reduced their stakes in DUK. Riverbend Wealth Management LLC lifted its holdings in shares of Duke Energy by 3.7% during the 3rd quarter. Riverbend Wealth Management LLC now owns 2,662 shares of the utilities provider’s stock valued at $303,000 after buying an additional 95 shares during the period. Goldstein Advisors LLC increased its position in Duke Energy by 7.9% during the third quarter. Goldstein Advisors LLC now owns 3,021 shares of the utilities provider’s stock valued at $344,000 after acquiring an additional 220 shares during the last quarter. Ellsworth Advisors LLC increased its position in Duke Energy by 6.2% during the third quarter. Ellsworth Advisors LLC now owns 61,618 shares of the utilities provider’s stock valued at $7,025,000 after acquiring an additional 3,600 shares during the last quarter. NFSG Corp increased its position in Duke Energy by 5.7% during the third quarter. NFSG Corp now owns 9,390 shares of the utilities provider’s stock valued at $1,071,000 after acquiring an additional 510 shares during the last quarter. Finally, Guyasuta Investment Advisors Inc. lifted its holdings in Duke Energy by 6.9% in the third quarter. Guyasuta Investment Advisors Inc. now owns 5,720 shares of the utilities provider’s stock valued at $652,000 after acquiring an additional 369 shares during the period. Institutional investors own 65.31% of the company’s stock.

Key Duke Energy News

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.