Lineweaver Wealth Advisors boosted its Duke Energy stake by 7.9% in Q2 amid strong revenue growth and a dividend hike.

Lineweaver Wealth Advisors increased its stake in Duke Energy (DUK) by 7.9% in Q2, now holding 16,113 shares. The utility reported Q2 revenue of $7.51 billion, up 4.7% year-over-year, and raised its quarterly dividend to $1.065, yielding 3.5%. Despite missing EPS estimates by $0.04, Duke Energy maintained strong fundamentals, with analysts rating it a "Moderate Buy" and an average price target of $130.62. Institutional ownership stands at 65.31%, and recent upgrades from Barclays and Morgan Stanley reflect positive sentiment.