Summit Financial LLC and
Geode Capital Management LLC along with several others have increased their share holdings in
Duke Energy Co. (NYSE:DUK), while some, like
Franklin Resources Inc., have reduced their shares. There's a suggestion of overpaying from investors, but the stock hit a 52-week high driving attention. The new CEO,
Harry Sideris, with an $83B growth plan, has led to gains outperforming the S&P 500. Amidst tariff volatility, analysts recommend DUK while the company secures a 20-year renewal license for the
Oconee Nuclear Station and an approval to extend operations at its largest nuclear plant. Massive power restorations have been completed in Ohio & Kentucky, a critical move after storm damages. Institutional investors control 67% of DUK are rewarded with a stock increase. There's speculation on whether DUK is the best Gas and Oil dividend stock, the most undervalued utility stock, the most profitable renewable energy stock, and the best defensive stock amid market volatility.
Duke Energy Corporation DUK News Analytics from Tue, 24 Sep 2024 07:00:00 GMT to Sat, 05 Apr 2025 23:54:45 GMT -
Rating 5
- Innovation -2
- Information 8
- Rumor 7
