Several investment advisor groups, such as CapWealth Advisors LLC, TD Asset Management Inc, Concurrent Investment Advisors LLC, and Aberdeen Group plc have increased their stake in utility giant Duke Energy (DUK). While organizations like AssuredPartners Investment Advisors LLC, Bayforest Capital Ltd, and Atria Wealth Solutions Inc cut their stake in the company, Duke Energy still remains a favorite among institutional investors. JP Morgan and Jefferies Financial Group both expect the company's stock price to rise, with a new price target set at $138. The company also recently declared a quarterly dividend of $1.07.
Duke Energy's shares reached a new 52-week high with predictions of it being a trending stock. An emphasis on a push for grid modernization could potentially make Duke Energy a smart choice for the energy sector in 2025. In addition, Duke Energy Foundation has offered $500,000 in grants to support small businesses in North Carolina, thus enhancing its community involvement.
However, the company was downgraded at Jefferies due to beliefs on optimal exit timing. Additional focus is on Duke Energy's dividend hike and push towards modernization shaping its investment narrative. Further financial information is expected with the announcement of second-quarter financial results for 2025.
Duke Energy Corporation DUK News Analytics from Mon, 05 May 2025 07:00:00 GMT to Sat, 18 Oct 2025 13:54:41 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor 2
