In the recent developments impacting
Duke Energy Corporation (NYSE:DUK), significant movements in stock ownership and positions are observed. Major sales and acquisitions by several financial institutions including
Scotia Capital Inc., Cornerstone Advisors LLC, Nicholas Hoffman & Company LLC, and others, denote an active trading landscape for DUK. The company's Q2 2025 earnings report exceeded expectations with revenues surging year-on-year, having an overall bullish impact on the stock. This exceptionality was replicated in the Earnings Call Presentation. However, some institutions like
Swiss National Bank and
Commerce Bank have reduced their positions in DUK. A noteworthy update is the sale of Duke Energy's
Tennessee Piedmont Natural Gas business to Spire for $2.48 billion. Alongside, the company has announced dividends for shareholders. Moreover, Duke Energy has entered into a partnership with Brookfield to secure significant investment in Duke Energy Florida and expand its capital plan to $87 billion. The company's decision to increase its dividend to $1.07 was also a significant update. There has been a 20% stake sale in Duke Energy's Florida unit to
Brookfield in a $6B deal while the strong Q2 results have also raised the price target for DUK at Scotiabank. In the backdrop of all these developments, DUK has been attracting investor attention.
Duke Energy Corporation DUK News Analytics from Sun, 09 Feb 2025 08:00:00 GMT to Sat, 09 Aug 2025 23:03:02 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 3
