Duke Energy Corporation $DUK Stock Position Lifted by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. boosted its position in shares of Duke Energy Corporation (NYSE:DUK) by 20.4% in the second quarter, Holdings Channel.com reports. The firm owned 56,438 shares of the utilities provider’s stock after purchasing an additional 9,580 shares during the period. Crossmark Global Holdings Inc.’s holdings in Duke Energy were worth $7,144,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hengehold Capital Management LLC increased its holdings in Duke Energy by 8.4% in the second quarter. Hengehold Capital Management LLC now owns 8,069 shares of the utilities provider’s stock worth $1,021,000 after buying an additional 628 shares during the last quarter. HBW Advisory Services LLC bought a new stake in Duke Energy in the second quarter worth approximately $259,000. Union Bancaire Privee UBP SA grew its position in Duke Energy by 84.4% in the second quarter. Union Bancaire Privee UBP SA now owns 123,711 shares of the utilities provider’s stock worth $15,659,000 after acquiring an additional 56,605 shares in the last quarter. Jamison Private Wealth Management Inc. increased its stake in shares of Duke Energy by 1.7% during the 2nd quarter. Jamison Private Wealth Management Inc. now owns 54,470 shares of the utilities provider’s stock worth $6,895,000 after purchasing an additional 932 shares during the last quarter. Finally, Dougherty & Associates LLC raised its holdings in shares of Duke Energy by 2.1% during the 2nd quarter. Dougherty & Associates LLC now owns 19,358 shares of the utilities provider’s stock valued at $2,450,000 after purchasing an additional 407 shares in the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Duke Energy News Roundup

Here are the key news stories impacting Duke Energy this week:

• Positive Sentiment: Utilities could benefit from rising electricity demand tied to the rapid expansion of artificial-intelligence data centers. The trend supports Duke Energy’s long-term generation and grid-investment opportunity, although the referenced article focuses on utility ETFs rather than DUK specifically. Utility ETFs to Buy as Rapid AI Buildout Sparks Energy Crisis
• Positive Sentiment: Duke Energy has restored most power after severe storms in Greater Cincinnati, with nearly 223,000 outages addressed and crews working to restore the remaining customers. Faster restoration limits prolonged service disruption and reputational damage. Duke Energy restores 85% of Greater Cincinnati outages
• Neutral Sentiment: The Duke Energy Foundation announced $500,000 for North Carolina small-business programs and emergency grants for storm recovery in Ohio and Kentucky. The initiatives may support community relations but are not financially material to DUK. Duke Energy invests $500,000 to help small businesses
• Negative Sentiment: Duke Energy completed the sale of 40 million equity units. The financing provides capital for infrastructure and growth, but the additional equity can dilute existing shareholders and signals substantial funding needs. Duke Energy Completes Major Equity Units Financing Offering
• Negative Sentiment: North Carolina Attorney General Jeff Jackson is challenging a proposed 6.8% residential rate increase and rejecting the related settlement. Regulatory opposition raises uncertainty over Duke’s ability to recover costs and earn its targeted returns. AG Jeff Jackson rejects Duke Energy settlement
• Negative Sentiment: A proposed Duke Energy plant is drawing opposition in Davie and Davidson counties, creating potential permitting, construction and political obstacles. More than 2,000 customers also remained without power during severe storms, highlighting near-term reliability and restoration costs. Duke Energy plant proposal draws opposition

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Barclays cut their target price on Duke Energy from $140.00 to $132.00 and set an “overweight” rating on the stock in a report on Wednesday, August 5th. Wells Fargo & Company increased their price objective on Duke Energy from $135.00 to $136.00 and gave the company an “equal weight” rating in a report on Monday, April 20th. Mizuho set a $136.00 target price on Duke Energy in a report on Wednesday, August 5th. BTIG Research reaffirmed a “buy” rating on shares of Duke Energy in a research report on Thursday, July 23rd. Finally, BMO Capital Markets dropped their price target on shares of Duke Energy from $134.00 to $132.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Ten research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Duke Energy currently has an average rating of “Moderate Buy” and an average price target of $138.44.

Duke Energy Stock Down 0.5%

DUK opened at $123.83 on Friday. The firm has a market cap of $96.55 billion, a price-to-earnings ratio of 18.59, a PEG ratio of 2.74 and a beta of 0.38. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.43 and a current ratio of 0.66. The firm’s 50-day simple moving average is $125.77 and its 200-day simple moving average is $126.53. Duke Energy Corporation has a twelve month low of $113.89 and a twelve month high of $134.49.

Duke Energy (NYSE:DUK) last issued its quarterly earnings data on Monday, August 3rd. 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 the consensus estimate of $7.66 billion. Duke Energy had a return on equity of 9.78% and a net margin of 15.78%.The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.25 EPS. Equities research analysts anticipate that Duke Energy Corporation will post 6.72 EPS for the current fiscal year.

Duke Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Friday, August 14th will be issued a $1.085 dividend. This is a boost from Duke Energy’s previous quarterly dividend of $1.06. This represents a $4.34 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Friday, August 14th. Duke Energy’s dividend payout ratio is currently 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.