Duke Energy shares rose 1.7% this morning to a price of $121.41. The stock is still trading within range of its average target price of $123.77, and over the last 52 weeks, it has recorded a 24.3% performance. Analysts have given the Large-Cap Utilities—Independent Power Producers stock target prices ranging from $111.0 to $135.0 dollars per share, with an average rating of buy.
The stock has a very low short interest at 1.6%, and a short ratio of 2.92. The company's insiders own 0.14% 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 67.0% of Duke Energy's shares being owned by this investor type.
Institutions Invested in Duke Energy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 9% | 72,885,939 | $8,849,082,120 |
| 2024-12-31 | Blackrock Inc. | 8% | 62,561,162 | $7,595,550,907 |
| 2024-12-31 | State Street Corporation | 5% | 39,709,764 | $4,821,162,592 |
| 2024-12-31 | Massachusetts Financial Services Co. | 2% | 18,097,796 | $2,197,253,478 |
| 2024-12-31 | Geode Capital Management, LLC | 2% | 17,873,788 | $2,170,056,666 |
| 2024-12-31 | Wellington Management Group, LLP | 2% | 16,098,656 | $1,954,537,883 |
| 2024-12-31 | FMR, LLC | 1% | 11,507,634 | $1,397,141,886 |
| 2024-12-31 | Morgan Stanley | 1% | 11,187,571 | $1,358,283,036 |
| 2024-12-31 | Charles Schwab Investment Management, Inc. | 1% | 8,562,545 | $1,039,578,619 |
| 2024-12-31 | Royal Bank of Canada | 1% | 8,503,503 | $1,032,410,330 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Duke Energy.
