Duke Energy
DUK

$108.03

0.44%

Market Cap: 83.4B

About: Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers.

Employees: 27,037

Utilities Electric & Other Services Combined

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 18 analysts

0

News positive %

of 20 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

85% more call options, than puts

Call options by funds: $622M | Put options by funds: $337M

20% more funds holding in top 10

Funds holding in top 10: 15 [Q4 2023] → 18 (+3) [Q1 2024]

4% more repeat investments, than reductions

Existing positions increased: 748 | Existing positions reduced: 718

0.39% less ownership

Funds ownership: 65.28% [Q4 2023] → 64.89% (-0.39%) [Q1 2024]

1% less funds holding

Funds holding: 1,864 [Q4 2023] → 1,852 (-12) [Q1 2024]

1% less capital invested

Capital invested by funds: $48.8B [Q4 2023] → $48.4B (-$407M) [Q1 2024]

8% less first-time investments, than exits

New positions opened: 145 | Existing positions closed: 157

See Fund Rankings

Research analyst outlook

18 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$94

13%

downside

Avg. target

$103

5%

downside

High target

$114

6%

upside

18 analyst ratings

12 positive

67%

6 neutral

33%

0 negative

0%

Keybanc Sophie Karp	6%upside $114	Overweight Maintained	22 Jul 2024
BMO Capital James Thalacker	4%upside $112	Outperform Maintained	16 Jul 2024
Barclays Nicholas Campanella	6%downside $102	Overweight Maintained	11 Jul 2024
BMO Capital James Thalacker	1%upside $109	Outperform Maintained	11 Jul 2024
Morgan Stanley Stephen Byrd	9%downside $98	Equal-Weight Maintained	24 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 20 articles about DUK published over the past 30 days

Summer of Savings: Duke Energy shares do-it-yourself projects to help Florida customers maximize energy efficiency

Company offers easy, low- to no-cost tips to lower energy use, increase savings Duke Energy Florida lowered rates twice so far this year ST. PETERSBURG, Fla.

Summer of Savings: Duke Energy shares do-it-yourself projects to help Florida customers maximize energy efficiency

Zacks Investment Research

Why Duke Energy (DUK) Dipped More Than Broader Market Today

Duke Energy (DUK) closed the most recent trading day at $107.12, moving -0.39% from the previous trading session.

Why Duke Energy (DUK) Dipped More Than Broader Market Today

Duke Energy PowerPair pilot program enrollment surpasses 1,300 customers in North Carolina

Program to pair home solar installations with battery energy storage continues to help advance rooftop solar Company is looking at ways to enhance pilot to make it available to more customers CHARLOTTE, N.C. , July 22, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has enrolled more than 1,300 customers in North Carolina in its new PowerPairSM pilot, a one-time incentive-based program designed to help make a home solar plus battery system more affordable for customers.

Duke Energy PowerPair pilot program enrollment surpasses 1,300 customers in North Carolina

Zacks Investment Research

Duke Energy (DUK) Rises As Market Takes a Dip: Key Facts

In the latest trading session, Duke Energy (DUK) closed at $107.52, marking a +0.93% move from the previous day.

Duke Energy (DUK) Rises As Market Takes a Dip: Key Facts

Duke Energy Florida, consumer groups reach comprehensive agreement focused on increasing reliability, providing resources for vulnerable customers and advancing Florida's clean energy future

Company continues to expect customer bills to decrease in 2025 from 2024 ST. PETERSBURG, Fla.

Duke Energy Florida, consumer groups reach comprehensive agreement focused on increasing reliability, providing resources for vulnerable customers and advancing Florida's clean energy future

3 Utility Stocks to Buy as the Summer Heat Boosts Demand

Millions of Americans recently suffered through, or are continuing to suffer from a deadly heat wave. Cynically, this framework is a positive for utility stocks.

3 Utility Stocks to Buy as the Summer Heat Boosts Demand

Duke Energy announces dividend payments to shareholders

CHARLOTTE, N.C. , July 15, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.045 per share, an increase of $0.02.

Duke Energy announces dividend payments to shareholders

Zacks Investment Research

Duke Energy (DUK) Ascends While Market Falls: Some Facts to Note

In the closing of the recent trading day, Duke Energy (DUK) stood at $104.46, denoting a +1.59% change from the preceding trading day.

Duke Energy (DUK) Ascends While Market Falls: Some Facts to Note

The 3 Most Undervalued Utility Stocks to Buy in July 2024

Utility stocks have underperformed over the past few years. Investors shunned the sector due to worries about higher interest rates, which often magnify the impact on debt-laden utility firms.

The 3 Most Undervalued Utility Stocks to Buy in July 2024

Zacks Investment Research

Wall Street Bulls Look Optimistic About Duke Energy (DUK): Should You Buy?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Wall Street Bulls Look Optimistic About Duke Energy (DUK): Should You Buy?

See News Rankings