Griffith & Werner Inc. grew its holdings in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 16.8% during the third quarter, Holdings Channel reports. The firm owned 34,356 shares of the utilities provider’s stock after acquiring an additional 4,947 shares during the quarter. Duke Energy comprises 1.3% of Griffith & Werner Inc.’s portfolio, making the stock its 26th largest holding. Griffith & Werner Inc.’s holdings in Duke Energy were worth $3,917,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new position in shares of Duke Energy in the 2nd quarter valued at about $605,680,000. Janus Henderson Group PLC raised its stake in Duke Energy by 5,254.4% during the first quarter. Janus Henderson Group PLC now owns 2,735,816 shares of the utilities provider’s stock worth $358,227,000 after acquiring an additional 2,684,721 shares during the period. Swiss National Bank raised its stake in Duke Energy by 7.1% during the first quarter. Swiss National Bank now owns 2,282,341 shares of the utilities provider’s stock worth $298,850,000 after acquiring an additional 151,400 shares during the period. National Pension Service raised its stake in Duke Energy by 1.8% during the second quarter. National Pension Service now owns 2,124,004 shares of the utilities provider’s stock worth $268,856,000 after acquiring an additional 36,835 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Duke Energy by 2.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,092,284 shares of the utilities provider’s stock worth $273,979,000 after acquiring an additional 58,967 shares during the last quarter. 65.31% of the stock is currently owned by institutional investors.
Insider Activity at Duke Energy
In other news, EVP Bonnie Titone sold 2,900 shares of Duke Energy stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $128.00, for a total transaction of $371,200.00. Following the sale, the executive vice president owned 26,111 shares of the company’s stock, valued at approximately $3,342,208. The trade was a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.12% of the company’s stock.
Duke Energy Stock Up 0.1%
Duke Energy stock opened at $127.91 on Monday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.44 and a current ratio of 0.68. Duke Energy Corporation has a one year low of $112.40 and a one year high of $134.49. The company has a 50-day simple moving average of $119.84 and a 200-day simple moving average of $124.51. The firm has a market capitalization of $99.73 billion, a P/E ratio of 18.70, a P/E/G ratio of 2.98 and a beta of 0.33.
Duke Energy (NYSE:DUK – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The utilities provider reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.13. The firm had revenue of $9.10 billion for the quarter, compared to the consensus estimate of $8.91 billion. Duke Energy had a net margin of 15.94% and a return on equity of 9.82%. Duke Energy’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period last year, the firm posted $1.81 EPS. As a group, equities analysts expect that Duke Energy Corporation will post 6.72 earnings per share for the current year.
Duke Energy Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Friday, November 13th will be paid a $1.0850 dividend. The ex-dividend date is Friday, November 13th. This represents a $4.34 annualized dividend and a dividend yield of 3.4%. Duke Energy’s dividend payout ratio (DPR) is presently 63.45%.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the company. Wall Street Zen downgraded Duke Energy from a “hold” rating to a “sell” rating in a research note on Saturday. Barclays lowered their target price on Duke Energy from $132.00 to $124.00 and set an “overweight” rating for the company in a report on Friday, October 9th. BTIG Research reiterated a “buy” rating on shares of Duke Energy in a research report on Thursday, July 23rd. Truist Financial cut their price target on Duke Energy from $135.00 to $130.00 and set a “buy” rating on the stock in a report on Monday, October 12th. Finally, HSBC started coverage on Duke Energy in a research report on Thursday, October 22nd. They set a “hold” rating and a $123.00 price objective for the company. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $132.19.
Check Out Our Latest Stock Report on DUK
Trending Headlines about Duke Energy
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Third-quarter adjusted earnings were $1.99 per share, ahead of estimates, while revenue rose 6.6% year over year to $9.1 billion. Duke also lifted the lower end of its 2026 adjusted EPS guidance, to a range of $6.70–$6.80. Article: Duke 3Q Net Up, Boosts Lower End of 2026 Adjusted EPS View
- Positive Sentiment: Data-center demand and population growth are supporting the outlook. Duke says its large-load pipeline is about 15.4 GW and is maintaining a growth strategy backed by a $103 billion capital plan. Article: Duke Energy to stay course on data center-fueled growth plan
- Neutral Sentiment: Duke Energy Florida received approval for lower 2027 rates after using a tax approach that avoided a planned base-rate increase. Lower bills may benefit customers, while potentially limiting revenue growth. Article: Florida PSC approved request by Duke Energy Florida to reduce rates
- Negative Sentiment: The scale of the capital plan and the need for regulatory approvals create execution and financing risks. A proposed gas facility in Davidson County is also drawing community opposition, adding potential local permitting challenges. Article: Davidson County commissioners to vote on controversial Duke Energy gas facility
Duke Energy Company Profile
Duke Energy is a U.S. energy company focused primarily on regulated electric utilities and natural gas distribution. Its businesses generate, transmit and distribute electricity, and provide natural gas service to residential, commercial and industrial customers.
The company serves electric customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. Its natural gas distribution operations serve customers in several states, including North Carolina, South Carolina, Ohio, Kentucky and Tennessee.
Duke Energy’s power generation portfolio includes nuclear, natural gas, coal, hydroelectric and renewable resources.
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