Union Bancaire Privee UBP SA Has $15.66 Million Holdings in Duke Energy Corporation $DUK

Union Bancaire Privee UBP SA raised its holdings in Duke Energy Corporation (NYSE:DUK) by 84.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 123,711 shares of the utilities provider’s stock after buying an additional 56,605 shares during the period. Union Bancaire Privee UBP SA’s holdings in Duke Energy were worth $15,659,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Jamison Private Wealth Management Inc. boosted 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 acquiring an additional 932 shares during the period. Dougherty & Associates LLC increased 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 worth $2,450,000 after acquiring an additional 407 shares during the last quarter. Relyea Zuckerberg Hanson LLC raised its stake in Duke Energy by 2.8% in the 2nd quarter. Relyea Zuckerberg Hanson LLC now owns 4,117 shares of the utilities provider’s stock valued at $521,000 after acquiring an additional 114 shares during the period. Aaron Wealth Advisors LLC lifted its holdings in Duke Energy by 23.7% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 12,793 shares of the utilities provider’s stock valued at $1,619,000 after purchasing an additional 2,455 shares during the last quarter. Finally, MBL Wealth LLC lifted its holdings in Duke Energy by 2.2% during the 2nd quarter. MBL Wealth LLC now owns 12,184 shares of the utilities provider’s stock valued at $1,542,000 after purchasing an additional 259 shares during the last quarter. 65.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on DUK shares. KeyCorp upgraded shares of Duke Energy from a “sector weight” rating to an “overweight” rating and set a $139.00 price objective on the stock in a report on Thursday, July 23rd. Barclays cut their target price on shares of Duke Energy from $140.00 to $132.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. Mizuho set a $136.00 target price on shares of Duke Energy in a report on Wednesday, August 5th. Truist Financial upped their price target on shares of Duke Energy from $137.00 to $138.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Duke Energy in a report on Friday, July 31st. Ten analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Duke Energy has a consensus rating of “Moderate Buy” and a consensus price target of $138.44.

Duke Energy Trading Down 0.5%

DUK opened at $123.83 on Friday. The stock has a market capitalization of $96.55 billion, a price-to-earnings ratio of 18.59, a P/E/G ratio of 2.74 and a beta of 0.38. 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 twelve month low of $113.89 and a twelve month high of $134.49. The company has a 50-day simple moving average of $125.77 and a 200 day simple moving average of $126.53.

Duke Energy (NYSE:DUK) last issued its quarterly earnings results on Monday, August 3rd. The utilities provider reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.13. The company had revenue of $7.59 billion during the quarter, compared to the consensus estimate of $7.66 billion. Duke Energy had a net margin of 15.78% and a return on equity of 9.78%. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.25 EPS. Analysts predict that Duke Energy Corporation will post 6.72 EPS for the current fiscal year.

Duke Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be paid a dividend of $1.085 per share. The ex-dividend date of this dividend is Friday, August 14th. This is a positive change from Duke Energy’s previous quarterly dividend of $1.06. This represents a $4.34 annualized dividend and a yield of 3.5%. Duke Energy’s payout ratio is presently 63.96%.

Key Headlines Impacting Duke Energy

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

Duke Energy Company Profile

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.