NBH Bank Makes New Investment in Duke Energy Corporation $DUK

NBH Bank acquired a new stake in Duke Energy Corporation (NYSE:DUK) during the second quarter, HoldingsChannel.com reports. The fund acquired 4,746 shares of the utilities provider’s stock, valued at approximately $601,000.

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

Duke Energy Stock Down 1.1%

Shares of NYSE DUK opened at $120.11 on Friday. The business 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 cap of $93.65 billion, a PE ratio of 18.03, a price-to-earnings-growth ratio of 2.80 and a beta of 0.37. 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 52-week low of $113.89 and a 52-week high of $134.49.

Duke Energy (NYSE:DUK) last released its quarterly earnings results on Monday, August 3rd. The utilities provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.30 by $0.13. The company had revenue of $7.59 billion for 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%.The firm’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.25 earnings per share. Equities research analysts forecast that Duke Energy Corporation will post 6.72 earnings per share for the current year.

Duke Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders 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 dividend yield of 3.6%. 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. Duke Energy’s dividend payout ratio is presently 65.17%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Truist Financial lowered their price objective on Duke Energy from $138.00 to $135.00 and set a “buy” rating for the company in a research report on Monday, August 17th. Barclays decreased their target price on Duke Energy from $140.00 to $132.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. Morgan Stanley dropped their price target on shares of Duke Energy from $138.00 to $133.00 and set an “equal weight” rating on the stock in a research note on Friday, August 21st. Jefferies Financial Group cut their price objective on shares of Duke Energy from $143.00 to $138.00 in a report on Monday, May 11th. Finally, BTIG Research restated a “buy” rating on shares of Duke Energy in a research report on Thursday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $137.94.

More Duke Energy News

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.