Duke Energy Corporation (DUK)

Over the past six months, Duke Energy's stock price has seen an increase of 11.14%. From June 24, 2024, to June 23, 2025, the stock price increased by 15.23%. Key events impacting the stock include Q1 2025 earnings surpassing analyst expectations, analyst ratings upgrades and initiations, successful management of record-breaking power usage during extreme weather, and restoration costs following the 2024 hurricane season.

Demand for Duke Energy's products and services exhibits seasonality. Historically, winter peaks for electricity usage tend to exceed summer demands in Duke's service territories. The company also experiences significant demand during periods of extreme heat and cold, as evidenced by setting new usage records in June 2025 and January 2025.

Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company operates primarily within the Utilities sector, specifically in the Power Generation and Regulated Electric Utilities industries. Its core business involves the generation, transmission, and distribution of electricity, as well as the transportation and sale of natural gas. Duke Energy also has a growing focus on commercial renewables and is investing in electric grid upgrades and cleaner generation sources. The company operates through three main segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables.

Duke Energy serves approximately 8.6 million electric customers across North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky. Its natural gas utilities serve about 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio, and Kentucky.

Duke Energy is recognized as a Fortune 150 company and is investing in grid modernization and cleaner generation. Piedmont Natural Gas team earned the J.D. Power number one customer satisfaction ranking for natural gas service in the Southeast for the third consecutive year as of February 2025. Duke Energy acknowledged and thanked customers for their conservation efforts. However, the company faced a challenge with a lawsuit filed by the Town of Carrboro, North Carolina, alleging that Duke Energy engaged in greenwashing and climate deception practices.

Duke Energy's ownership is primarily institutional, with institutional shareholders holding 67.65% of the stock. The general public holds 31.47%, while insiders own less than 1%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., State Street Corp., Geode Capital Management, LLC, Massachusetts Financial Services Co /ma/, Wellington Management Group LLP, Fmr Llc, and Morgan Stanley.