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Why Duke Energy Corp (DUK) Stock Could See Much Higher Prices Ahead

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Duke Energy Corp (NYSE: DUK) is 8.05% higher on its value in year-to-date trading and has touched a low of $90.22 and a high of $121.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DUK stock was last observed hovering at around $118.67 in the last trading session, with the day’s loss setting it -2.26%.

Currently trading at $116.41, the stock is 1.25% and 4.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.88 million and changing -1.90% at the moment leaves the stock 5.22% off its SMA200. DUK registered 26.77% gain for a year compared to 6-month loss of 3.03%.

The stock witnessed a 3.95% gain in the last 1 month and extending the period to 3 months gives it a -0.86%, and is -0.75% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.84% over the week and 1.85% over the month.

Duke Energy Corp (DUK) has around 26413 employees, a market worth around $90.39B and $30.36B in sales. Current P/E ratio is 20.49 and Fwd P/E is 17.32. Profit margin for the company is 14.45%. Distance from 52-week low is 29.03% and -3.99% from its 52-week high. The company has generated returns on investments over the last 12 months (3.44%).

with sales reaching $7.73B over the same period.The EPS is expected to grow by 7.16% this year, but quarterly earnings will post 4.10% year-over-year. Quarterly sales are estimated to grow 0.83% in year-over-year returns.

Duke Energy Corp (DUK) Top Institutional Holders

The shares outstanding are 776.00M, and float is at 775.03M with Short Float at 1.24%.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 71.23 million shares valued at $7.14 billion. The investor’s holdings represent 9.2383% of the DUK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 58.48 million shares valued at $$5.86 billion to account for 7.5852 of the shares outstanding. The other top investors are STATE STREET CORP which holds 38.19 million shares representing 4.9467% and valued at over $3.83 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 2.5299 of the shares totaling 19.51 million with a market value of $1.96 billion.

Duke Energy Corp (DUK) Insider Activity

A total of 0 insider transactions have happened at Duke Energy Corp (DUK) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Ghartey-Tagoe Kodwo,the company’sEVP, CLO & Corp Sec. SEC filings show that Ghartey-Tagoe Kodwo sold 9,007 shares of the company’s common stock on Feb 28 ’25 at a price of $117.10 per share for a total of $1.05 million. Following the sale, the insider now owns 45709.0 shares.

Duke Energy Corp disclosed in a document filed with the SEC on Feb 26 ’25 that JANSON JULIA S (EVP&CEO, Duke Energy Carolinas) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Feb 26 ’25 and was made at $116.09 per share for $1.16 million. Following the transaction, the insider now directly holds 69768.0 shares of the DUK stock.

Still, SEC filings show that on Feb 28 ’25, Ghartey-Tagoe Kodwo (Officer) Proposed Sale 9,007 shares at an average price of $117.10 for $1.05 million. The insider now directly holds shares of Duke Energy Corp (DUK).

Duke Energy Corp (DUK): Who are the competitors?

The company’s main competitors (and peers) include NextEra Energy Inc. (NEE) that is trading 27.59% up over the past 12 months. Southern Co. (SO) that is 31.07% higher over the same period.

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