Hennessy Advisors Inc. has trimmed its stake in Duke Energy Co. (DUK) along with many investment firms making similar moves, including Dover Advisors, Assenagon Asset Management and Radnor Capital Management. Meanwhile, other groups like Willis Investment Counsel and Vest Financial have boosted their holdings. Despite market corrections, DUK has managed to outperform. The company is continually sparking interest and gaining short-term trends with the proposal of a new natural gas plant and smarter grid development in South Carolina. Duke's financial results displayed significant growth, which is followed with the announcement of a 10-year gas supply deal with EQT and another southern business along with key leadership appointments. Furthermore, several firms are increasing their share inventory in the energy company, such as CCM Investment Advisors, Hudson Valley Investment Advisors, NorthCrest Asset Management and Sapient Capital. The firm’s current bullish outlook and potential to withstand market volatility make it a compelling choice for large-cap value seekers.
Duke Energy Corporation DUK News Analytics from Mon, 15 Jul 2024 07:00:00 GMT to Sat, 14 Jun 2025 12:31:36 GMT -
Rating 4
- Innovation 4
- Information 6
- Rumor -6
