Duke Energy Corporation's stock has seen significant activity lately as reflected by changes in holdings by a variety of institutional investors. Both
Exchange Traded Concepts LLC and
Cyndeo Wealth Partners LLC have purchased shares, while
Richard Bernstein Advisors LLC and
Chevy Chase Trust Holdings LLC have sold off their holdings.
South Carolina has approved a new gas generation plant for Duke, a move that holds a potential to bolster the company's bottom line. To raise funds, Duke has announced a proposed offering of
$1 billion of convertible senior notes due 2029 and a
$6 billion common stock offering. On the financial front, Duke reported its Q3 2024 and Q4 2024 earnings along with its Q2 2025 and Q3 2025 financial results. It has also announced dividend payments to its shareholders.
Morgan Stanley, UBS, and Evercore ISI have made ratings adjustments for Duke, with reasons like price strength and mixed returns being contributing factors. Furthermore, Duke has secured an investment with
Brookfield for Duke Energy Florida, and has extended its capital plan to $87 billion. Finally, the company is selling its
Tennessee Piedmont Natural Gas business to Spire for $2.48 billion.
Duke Energy Corporation DUK News Analytics from Tue, 15 Jul 2025 07:00:00 GMT to Sat, 28 Mar 2026 11:12:52 GMT -
Rating 7
- Innovation -2
- Information 6
- Rumor 4
