Scotiabank Cuts Duke Energy (NYSE:DUK) Price Target to $131.00

Duke Energy (NYSE:DUK) had its price objective decreased by Scotiabank from $146.00 to $131.00 in a report released on Wednesday.

Several other research analysts also recently commented on DUK. Wall Street Zen downgraded shares of Duke Energy from a “hold” rating to a “sell” rating in a report on Saturday, September 19th. BTIG Research restated a “buy” rating on shares of Duke Energy in a report on Thursday, July 23rd. JPMorgan Chase & Co. raised their price target on Duke Energy from $136.00 to $141.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Duke Energy in a research note on Friday, July 31st. Finally, Morgan Stanley cut their price objective on Duke Energy from $133.00 to $127.00 and set an “equal weight” rating for the company in a research report on Friday, September 18th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $136.62.

Duke Energy Stock Up 0.3%

DUK opened at $114.12 on Wednesday. The firm has a market cap of $88.98 billion, a P/E ratio of 17.14, a price-to-earnings-growth ratio of 2.65 and a beta of 0.36. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.43 and a current ratio of 0.66. The business has a 50 day moving average price of $120.66 and a 200 day moving average price of $124.64. Duke Energy has a twelve month low of $112.40 and a twelve month high of $134.49.

Duke Energy (NYSE:DUK) last announced 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. Duke Energy had a return on equity of 9.78% and a net margin of 15.78%.The company had revenue of $7.59 billion for the quarter, compared to the consensus estimate of $7.66 billion. During the same quarter last year, the company posted $1.25 earnings per share. The company’s revenue for the quarter was up 1.1% compared to the same quarter last year. Research analysts forecast that Duke Energy will post 6.72 EPS for the current year.

Duke Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Friday, November 13th will be paid a dividend of $1.0850 per share. This represents a $4.34 annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, November 13th. Duke Energy’s dividend payout ratio is presently 65.17%.

Institutional Trading of Duke Energy

Several hedge funds and other institutional investors have recently bought and sold shares of DUK. Basso Capital Management L.P. bought a new position in Duke Energy in the 4th quarter valued at about $25,000. Evolution Wealth Management Inc. boosted its holdings in shares of Duke Energy by 1,111.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 200 shares during the period. Cornerstone Financial Management LLC acquired a new position in shares of Duke Energy in the fourth quarter valued at approximately $28,000. Evergreen Advisors LLC bought a new position in shares of Duke Energy during the first quarter worth approximately $36,000. Finally, IAG Wealth Partners LLC increased its stake in shares of Duke Energy by 154.6% during the first quarter. IAG Wealth Partners LLC now owns 275 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 167 shares during the period. 65.31% of the stock is currently owned by institutional investors and hedge funds.

Key Duke Energy News

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

• Positive Sentiment: Dividend maintained: Duke Energy declared a quarterly dividend of $1.085 per share, equivalent to $4.34 annually and a yield of approximately 3.8%. The payment is scheduled for December 16, 2026, for shareholders of record on November 13. The continued income supports the stock’s appeal to defensive and income-oriented investors. Duke Energy announces dividend payments to shareholders
• Positive Sentiment: Economic development program: Duke Energy selected industrial sites in Bartholomew, Dearborn, and Monroe counties for its 2026 economic development program. Attracting industrial investment could support future electricity demand and long-term rate-base growth. Duke Energy selects industrial sites for economic development program
• Neutral Sentiment: Service interruption: More than 1,000 customers in Spartanburg County reportedly lost power after a vehicle crash damaged a utility pole. Because the outage resulted from an accident, the direct financial effect on Duke Energy may be limited, though restoration costs and customer dissatisfaction remain considerations. Duke Energy outage in Spartanburg County
• Negative Sentiment: Customer complaints: Customers in South Carolina and North Carolina are disputing a $3,100 bill and claim denials related to a power surge. These reports could create reputational risk and potentially increase regulatory or claims-related scrutiny, although no material financial impact has been reported. Customer disputes Duke Energy bill Holly Springs homeowners dispute power surge claim denials
• Negative Sentiment: Yield and analyst pressure: Rising Treasury yields have weighed on dividend-paying utility stocks by making fixed-income alternatives more competitive. Scotiabank also lowered its expectations for DUK’s stock price, adding to near-term sentiment pressure. Treasury yields pressure dividend stocks Scotiabank lowers expectations for Duke Energy

About Duke Energy

Duke Energy Corporation (NYSE: DUK) is an energy holding company that operates regulated electric and natural gas utilities in the United States. Its electric utilities generate, transmit, distribute and sell electricity to residential, commercial, industrial and other customers.

The company serves customers across the Carolinas, Florida, Indiana, Ohio and Kentucky. Duke Energy also operates natural gas utilities and related infrastructure in several states, including North Carolina, South Carolina, Ohio, Kentucky and Tennessee.