Duke Energy (DUK)

• Market cap: $83.6B
• 1 day: 1.12%
• 5 days: -0.42%
• 1 month: -4.80%
• 3 months: -6.95%
• 6 months: 8.17%
• Year to date: 10.70%
• 1 year: 13.17%
• 5 years: 19.49%
• 10 years: 29.51%
• Sector: Utilities
• Industry: Electric & Other Services Combined

About: Duke Energy is one of the largest us utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers.

Employees: 27,037

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

82% more first-time investments, than exits

New positions opened: 197 | Existing positions closed: 108

30% more call options, than puts

Call options by funds: $696M | Put options by funds: $537M

14% more capital invested

Capital invested by funds: $52.2B [Q2] → $59.2B (+$7.06B) [Q3]

5% more funds holding

Funds holding: 1,944 [Q2] → 2,033 (+89) [Q3]

1% more repeat investments, than reductions

Existing positions increased: 780 | Existing positions reduced: 776

0.15% more ownership

Funds ownership: 66.84% [Q2] → 66.99% (+0.15%) [Q3]

14% less funds holding in top 10

Funds holding in top 10: 22 [Q2] → 19 (-3) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $118 9% upside
• Avg. target: $119 10% upside
• High target: $121 12% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

Scotiabank Andrew Weisel 46% 1-year accuracy 13 / 28 met price target	11% upside $120	Sector Perform Maintained	12 Dec 2024
Morgan Stanley Stephen Byrd 52% 1-year accuracy 58 / 111 met price target	9% upside $118	Equal-Weight Maintained	22 Nov 2024
Mizuho Anthony Crowdell 63% 1-year accuracy 17 / 27 met price target	12% upside $121	Outperform Upgraded	15 Oct 2024
Barclays Nicholas Campanella 63% 1-year accuracy 45 / 71 met price target	9% upside $118	Overweight Maintained	1 Oct 2024