NBH Bank Acquires New Position in Duke Energy Corporation $DUK

NBH Bank bought a new position in shares of Duke Energy Corporation (NYSE:DUK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,746 shares of the utilities provider’s stock, valued at approximately $601,000.

Several other institutional investors and hedge funds also recently bought and sold shares of DUK. AlphaGrep UK Ltd purchased a new position in Duke Energy in the second quarter worth approximately $362,000. Shah Wealth Advisors LLC purchased a new stake in Duke Energy in the second quarter valued at $426,000. William John Sempolinski acquired a new position in shares of Duke Energy in the 2nd quarter valued at $256,000. Markowski Investments purchased a new position in shares of Duke Energy during the 2nd quarter worth $3,401,000. Finally, Old Mission Investment Co LLC purchased a new position in shares of Duke Energy during the 2nd quarter worth $217,000. 65.31% of the stock is currently owned by institutional investors and hedge funds.

Duke Energy Trading Down 1.1%

Shares of DUK stock opened at $120.11 on Friday. Duke Energy Corporation has a fifty-two week low of $113.89 and a fifty-two week high of $134.49. The company has a 50 day moving average price of $124.76 and a 200 day moving average price of $126.45. The stock has a market capitalization of $93.65 billion, a P/E ratio of 18.03, a price-to-earnings-growth ratio of 2.80 and a beta of 0.37. 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 (NYSE:DUK) last issued its quarterly earnings results on Monday, August 3rd. The utilities provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.30 by $0.13. The company 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 firm’s revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.25 EPS. Equities research analysts predict that Duke Energy Corporation will post 6.72 EPS for the current fiscal year.

Duke Energy Increases Dividend

The business also recently announced 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 represents a $4.34 dividend on an annualized basis and a yield of 3.6%. This is a boost from Duke Energy’s previous quarterly dividend of $1.06. The ex-dividend date is Friday, August 14th. Duke Energy’s dividend payout ratio (DPR) is 65.17%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on DUK shares. BMO Capital Markets reduced their price objective on shares of Duke Energy from $134.00 to $132.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. KeyCorp upgraded shares of Duke Energy from a “sector weight” rating to an “overweight” rating and set a $139.00 price target for the company in a research report on Thursday, July 23rd. BTIG Research reissued a “buy” rating on shares of Duke Energy in a research note on Thursday, July 23rd. UBS Group decreased their price objective on shares of Duke Energy from $137.00 to $135.00 in a report on Monday, May 11th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Duke Energy in a research report on Friday, July 31st. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Duke Energy presently has an average rating of “Moderate Buy” and a consensus price target of $137.94.

Duke Energy News Summary

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

• Positive Sentiment: Duke Energy Florida requested lower customer rates beginning in January 2027. The filing could reduce revenue, but it may ease regulatory and political pressure related to high bills. Duke Energy Florida requests to lower rates in 2027
• Positive Sentiment: Duke’s regulated-utility model and decades of dividend increases continue to support its appeal as a defensive income investment, particularly during economic downturns. 3 Utility Dividend Stocks Built to Keep Paying in Any Economy
• Positive Sentiment: Duke upgraded its Trenton battery facility to provide backup power, supporting grid reliability and potentially strengthening the company’s long-term infrastructure strategy. Duke Energy upgrades Trenton battery facility
• Neutral Sentiment: Second-quarter earnings beat expectations at $1.43 per share, although revenue was slightly below forecasts and interest expense increased. Analysts have subsequently lowered estimates, limiting the benefit of the earnings surprise. How Duke’s Q2 2026 Earnings Beat
• Negative Sentiment: The proposed Florida rate reduction could pressure near-term revenue and earnings if approved, even as it benefits customers. Duke Energy’s Florida Utility Requests Rate Cut for 2027
• Negative Sentiment: Recent outages in North Carolina, including an incident attributed to a helicopter damaging lines, may create repair costs and renewed scrutiny of service reliability. Duke Energy said helicopter caused Cary outages

Duke Energy 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.