Duke Energy Corporation $DUK Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC reduced its position in shares of Duke Energy Corporation (NYSE:DUK) by 8.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 58,016 shares of the utilities provider’s stock after selling 5,521 shares during the quarter. Park Avenue Securities LLC’s holdings in Duke Energy were worth $6,614,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of DUK. Evergreen Advisors LLC bought a new position in Duke Energy during the first quarter valued at about $36,000. IAG Wealth Partners LLC raised its position in Duke Energy by 154.6% in the first quarter. IAG Wealth Partners LLC now owns 275 shares of the utilities provider’s stock worth $36,000 after acquiring an additional 167 shares in the last quarter. Compass Wealth Management LLC bought a new stake in Duke Energy in the third quarter worth about $33,000. Dynamic Wealth Strategies LLC bought a new stake in Duke Energy in the first quarter worth about $38,000. Finally, Millstone Evans Group LLC lifted its holdings in Duke Energy by 53.1% in the 1st quarter. Millstone Evans Group LLC now owns 297 shares of the utilities provider’s stock valued at $39,000 after acquiring an additional 103 shares during the last quarter. 65.31% of the stock is currently owned by institutional investors and hedge funds.

Duke Energy News Summary

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

• Positive Sentiment: Duke Energy’s “energy vampire” campaign in Florida highlights ways customers can reduce electricity waste and bills. The initiative could strengthen customer engagement and support the company’s efficiency and demand-management efforts, although its direct financial impact is likely limited. Why Duke Energy Is Back in the Spotlight
• Positive Sentiment: Coverage of Duke Energy among reliable-income and blue-chip dividend stocks reinforces its appeal to defensive and income-oriented investors. Regulated utility earnings and dividend consistency remain supportive of the stock’s valuation. 5 Utility Stocks Paying Reliable Income Without the Dividend Risk
• Positive Sentiment: Analysts expect Duke Energy’s upcoming third-quarter results to show a single-digit earnings increase, suggesting relatively stable operating momentum ahead of the report. Duke Energy Earnings Preview
• Neutral Sentiment: Power was restored to more than 6,500 customers in Iredell County, reducing the immediate impact of a local outage but underscoring routine reliability and storm-response demands. Power Restored for Duke Energy Customers
• Negative Sentiment: Approximately 10,000 customers in Troutman and Iredell County temporarily lost power. Although restoration efforts were underway, outages can create short-term service costs and reputational pressure for the utility. Duke Energy Working to Restore Power

Duke Energy Stock Down 1.0%

Shares of Duke Energy stock opened at $123.60 on Thursday. The stock’s fifty day moving average is $118.97 and its 200-day moving average is $124.16. The firm has a market capitalization of $96.37 billion, a PE ratio of 18.56, a price-to-earnings-growth ratio of 2.92 and a beta of 0.36. The company has a quick ratio of 0.43, a current ratio of 0.66 and a debt-to-equity ratio of 1.47. Duke Energy Corporation has a 12-month low of $112.40 and a 12-month high of $134.49.

Duke Energy (NYSE:DUK) last released 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 business had revenue of $7.59 billion during the quarter, compared to analyst estimates of $7.66 billion. Duke Energy had a return on equity of 9.78% and a net margin of 15.78%. Duke Energy’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter last year, the company posted $1.25 EPS. Equities analysts anticipate that Duke Energy Corporation will post 6.72 earnings per share for the current year.

Duke Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Friday, November 13th will be issued a $1.0850 dividend. This represents a $4.34 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Friday, November 13th. Duke Energy’s dividend payout ratio (DPR) is presently 65.17%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on DUK shares. Barclays reduced their price objective on shares of Duke Energy from $132.00 to $124.00 and set an “overweight” rating for the company in a research report on Friday, October 9th. Jefferies Financial Group reiterated a “hold” rating and issued a $121.00 target price on shares of Duke Energy in a report on Monday, October 12th. HSBC started coverage on shares of Duke Energy in a report on Thursday, October 22nd. They issued a “hold” rating and a $123.00 target price on the stock. Wall Street Zen raised shares of Duke Energy from a “sell” rating to a “hold” rating in a research note on Saturday, October 17th. Finally, Mizuho set a $136.00 target price on shares of Duke Energy in a report on Wednesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $132.19.

Duke Energy Profile

Duke Energy Corporation is an energy holding company that provides regulated electric and natural gas utility services in the United States. Its electric utilities generate, transmit, distribute and sell electricity to residential, commercial, industrial and other customers. The company’s generation portfolio includes nuclear, natural gas, coal, hydroelectric and renewable energy resources.

Duke Energy serves customers primarily in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky.