Institutional investors boost Duke Energy stakes despite Q3 earnings missing estimates.

West Family Investments and other institutional investors have increased their stakes in Duke Energy, which reported $1.62 EPS for Q3, missing estimates but seeing a 2.1% revenue increase year-over-year. Several analysts raised Duke Energy's target price, with a consensus "Moderate Buy" rating and a target of $121.85. Duke Energy, operating through Electric and Gas Utilities segments, also declared a quarterly dividend of $1.045, with a yield of 3.68%.

November 19, 2024
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