V. M. Manning & CO. Inc. Makes New $2.43 Million Investment in Duke Energy Corporation $DUK

13 Aug 2026, 09:52 by Tristan Rich · The Markets Daily

V. M. Manning & CO. Inc. bought a new stake in shares of Duke Energy Corporation (NYSE:DUK – Free Report) in the second quarter, Holdings Channel reports. The fund bought 19,213 shares of the utilities provider’s stock, valued at approximately $2,432,000. Duke Energy comprises 2.1% of V. M. Manning & CO. Inc.’s portfolio, making the stock its 8th biggest holding.

Several other large investors also recently modified their holdings of the stock. Basso Capital Management L.P. purchased a new position in Duke Energy in the fourth quarter valued at approximately $25,000. Evolution Wealth Management Inc. grew its holdings in Duke Energy by 1,111.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 200 shares during the period. Triumph Capital Management increased its position in Duke Energy by 68.6% in the fourth quarter. Triumph Capital Management now owns 231 shares of the utilities provider’s stock worth $27,000 after buying an additional 94 shares during the last quarter. Cornerstone Financial Management LLC bought a new stake in shares of Duke Energy in the fourth quarter valued at $28,000. Finally, Mowery & Schoenfeld Wealth Management LLC raised its stake in shares of Duke Energy by 300.0% in the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 280 shares of the utilities provider’s stock valued at $33,000 after buying an additional 210 shares during the period. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Key Duke Energy News

Here are the key news stories impacting Duke Energy this week:

Positive Sentiment: Duke Energy restored electricity to more than 171,000 customers in Greater Cincinnati within 24 hours of severe storms. More than 1,000 additional workers are joining the effort, which could limit prolonged service disruption and reputational damage. Duke Energy restores more than 171,000 outages across Greater Cincinnati
Positive Sentiment: The restoration progress follows a major outage event that initially affected more than 180,000 customers in Ohio and Kentucky, demonstrating the company’s ability to mobilize crews and begin repairs quickly. More than 160,000 Duke Energy customers remain without power
Neutral Sentiment: North Carolina regulators are considering Duke Energy’s rate cases, while the company has nearly halved its proposed increase for some Eastern North Carolina and Asheville customers. A lower approved increase could reduce near-term revenue and earnings potential, but a settlement would remove regulatory uncertainty. Duke Energy cuts proposed rate hike
Neutral Sentiment: Hot weather is driving electricity demand and higher customer bills, while Duke is urging conservation. Increased usage may support revenue, but affordability concerns could intensify regulatory scrutiny. Energy demand spikes as Duke urges customers to cut usage
Negative Sentiment: Duke priced a $1.75 billion offering of 35 million equity units. Because the units include future purchases of Duke common stock, the transaction introduces potential shareholder dilution and highlights the company’s substantial capital-financing needs. Duke Energy announces pricing of equity units offering
Negative Sentiment: The Cincinnati storms caused extensive damage, fallen trees and road closures. Although power is being restored, repair and storm-response expenses could pressure near-term cash flow and earnings.

Duke Energy Stock Down 0.0%

Shares of NYSE DUK opened at $123.15 on Thursday. The company has a current ratio of 0.66, a quick ratio of 0.43 and a debt-to-equity ratio of 1.47. The business has a 50-day moving average of $125.72 and a 200-day moving average of $126.50. The firm has a market capitalization of $96.02 billion, a price-to-earnings ratio of 18.49, a PEG ratio of 2.71 and a beta of 0.38. Duke Energy Corporation has a 12 month low of $113.89 and a 12 month high of $134.49.

Duke Energy (NYSE:DUK – Get Free Report) last announced its earnings results on Tuesday, August 4th. The utilities provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.13. Duke Energy had a net margin of 15.78% and a return on equity of 9.78%. The business had revenue of $7.59 billion for the quarter, compared to the consensus estimate of $7.66 billion. During the same period last year, the firm posted $1.25 earnings per share. Duke Energy’s quarterly revenue was up 1.1% on a year-over-year basis. Duke Energy has set its FY 2026 guidance at 6.550-6.800 EPS. Sell-side analysts expect that Duke Energy Corporation will post 6.72 earnings per share for the current fiscal year.

Duke Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Friday, August 14th will be given a dividend of $1.085 per share. This is an increase from Duke Energy’s previous quarterly dividend of $1.06. The ex-dividend date is Friday, August 14th. This represents a $4.34 annualized dividend and a dividend yield of 3.5%. Duke Energy’s dividend payout ratio is 63.96%.

Analyst Ratings Changes

Several research firms have recently weighed in on DUK. BMO Capital Markets cut their price target on Duke Energy from $134.00 to $132.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. KeyCorp upgraded Duke Energy from a “sector weight” rating to an “overweight” rating and set a $139.00 price objective on the stock in a research note on Thursday, July 23rd. Evercore upped their price objective on shares of Duke Energy from $139.00 to $140.00 in a report on Monday, May 11th. Jefferies Financial Group cut their target price on shares of Duke Energy from $143.00 to $138.00 in a research report on Monday, May 11th. Finally, Truist Financial lifted their target price on shares of Duke Energy from $137.00 to $138.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Ten research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Duke Energy presently has a consensus rating of “Moderate Buy” and an average price target of $138.44.

Get Our Latest Research Report on DUK

Duke Energy Profile

(Free Report)

Duke Energy Corporation is a U.S.-based electric power holding company headquartered in Charlotte, North Carolina. The company’s core business is the generation, transmission and distribution of electricity to residential, commercial and industrial customers. Duke Energy operates a mix of regulated electric utilities and non-regulated energy businesses, providing essential energy infrastructure and services across multiple states.