Duke Energy stock is trading -12.22% below its average target price of $103.25 after dropping -2.3% during today's evening session. Analysts are giving the Large-Cap Railroads company an average rating of buy and target prices ranging from $89.0 to $120.0 per share.
The stock has a very low short interest at 1.2%, and a short ratio of 3.16. The company's insiders own 0.11% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 66.6% of Duke Energy's shares being owned by this investor type.
Institutions Invested in Duke Energy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-12-31 | Vanguard Group Inc | 9% | 70,351,343 | $6,375,942,022 |
| 2023-12-31 | Blackrock Inc. | 8% | 58,023,990 | $5,258,714,054 |
| 2023-12-31 | State Street Corporation | 5% | 41,695,621 | $3,778,874,016 |
| 2023-12-31 | Wellington Management Group, LLP | 3% | 22,743,946 | $2,061,283,763 |
| 2023-12-31 | Massachusetts Financial Services Co. | 2% | 18,699,484 | $1,694,734,183 |
| 2023-12-31 | Geode Capital Management, LLC | 2% | 15,434,198 | $1,398,801,322 |
| 2023-12-31 | FMR, LLC | 1% | 11,281,950 | $1,022,483,097 |
| 2023-12-31 | Capital Research Global Investors | 1% | 11,141,020 | $1,009,710,612 |
| 2023-12-31 | Morgan Stanley | 1% | 10,385,375 | $941,226,507 |
| 2023-12-31 | Royal Bank of Canada | 1% | 8,890,696 | $805,763,754 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Duke Energy.
