Duke Energy Corporation (DUK) has seen a flurry of activity and reactions in the market recently. One of the key takeaways is the exit of
Executive VP & Chief Legal Officer Alexander Glenn who sold 33% of his holding. Additionally, the corporation has declared
dividend payments to its shareholders. It has also reported
strong Q3 earnings and unveiled a new
five-year capital plan. On the negative side, however, DUK is planning to seek
rate hikes for North Carolina customers. Several financial institutions and wealth management companies have increased their stakes in DUK, including
Willis Investment Counsel, Swiss National Bank, Vanguard Group, and Rockefeller Capital Management among others. Conversely, others like Franklin Resources trimmed their positions. There has also been
capricious analyst activity, with Morgan Stanley raising the price target by $9 while BMO Capital has lowered their target. DUK plans for a
$1.7 billion storage and solar investment pending rate filing and it has announced its Q3 financial results scheduled for November 7.
Duke Energy Corporation DUK News Analytics from Mon, 05 May 2025 07:00:00 GMT to Sat, 22 Nov 2025 13:44:12 GMT -
Rating 5
- Innovation 4
- Information 6
- Rumor -2
