IFM Investors Pty Ltd Has $29.39 Million Holdings in Duke Energy Corporation $DUK

IFM Investors Pty Ltd lifted its stake in shares of Duke Energy Corporation (NYSE:DUK) by 19.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 224,461 shares of the utilities provider’s stock after acquiring an additional 37,036 shares during the quarter. IFM Investors Pty Ltd’s holdings in Duke Energy were worth $29,391,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in DUK. Basso Capital Management L.P. acquired a new stake in Duke Energy in the 4th quarter worth approximately $25,000. Dorato Capital Management bought a new position in shares of Duke Energy in the fourth quarter valued at approximately $26,000. Evolution Wealth Management Inc. raised its position in shares of Duke Energy by 1,111.1% in the fourth quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 200 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Duke Energy in the third quarter worth $27,000. Finally, Triumph Capital Management boosted its holdings in shares of Duke Energy by 68.6% during the 4th quarter. Triumph Capital Management now owns 231 shares of the utilities provider’s stock worth $27,000 after buying an additional 94 shares during the period. 65.31% of the stock is owned by institutional investors.

Duke Energy Price Performance

Shares of Duke Energy stock opened at $126.70 on Wednesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.66 and a quick ratio of 0.44. The company has a market cap of $98.78 billion, a PE ratio of 19.40 and a beta of 0.39. The firm has a fifty day moving average price of $124.94 and a two-hundred day moving average price of $124.57. Duke Energy Corporation has a fifty-two week low of $113.89 and a fifty-two week high of $134.49.

Duke Energy (NYSE:DUK) last posted its quarterly earnings data on Monday, May 4th. The utilities provider reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.06. Duke Energy had a net margin of 15.49% and a return on equity of 9.73%. The company had revenue of $9.18 billion for the quarter, compared to the consensus estimate of $8.44 billion. During the same quarter in the previous year, the firm posted $1.76 EPS. The business’s revenue was up 11.3% compared to the same quarter last year. Analysts expect that Duke Energy Corporation will post 6.71 EPS for the current year.

Duke Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Friday, May 15th were issued a $1.065 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.26 annualized dividend and a yield of 3.4%. Duke Energy’s dividend payout ratio is 65.24%.

Key Duke Energy News

Here are the key news stories impacting Duke Energy this week:

• Negative Sentiment: U.S. officials will buy back Duke Energy’s North Carolina offshore wind lease, and Duke will terminate the project in a settlement with the Department of the Interior. While Duke receives about $129 million, the move signals a retreat from a renewable project and raises questions about capital allocation and regulatory direction. Article Title
• Negative Sentiment: Several related reports on the wind lease termination suggest Duke is exiting a previously planned growth avenue, which may be viewed as a setback for its clean-energy expansion strategy. Article Title
• Neutral Sentiment: Indiana regulators approved Duke’s $20 million project to serve a semiconductor manufacturer, a small but positive sign that the company is still winning regulated growth opportunities tied to industrial demand. Article Title
• Positive Sentiment: Duke highlighted nearly $1 billion in spending with North Carolina suppliers, reinforcing grid investment, domestic sourcing, and support for future electricity demand. That fits the utility’s long-term earnings-growth narrative. Article Title
• Positive Sentiment: The company also launched an AI-powered Bill Insights tool for Carolinas customers, a modest but investor-friendly digital upgrade that may improve customer service and engagement during peak summer demand. Article Title

Insider Buying and Selling

In other news, CEO Harry K. Sideris sold 20,000 shares of Duke Energy stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $124.37, for a total transaction of $2,487,400.00. Following the sale, the chief executive officer owned 96,102 shares of the company’s stock, valued at approximately $11,952,205.74. This trade represents a 17.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Louis E. Renjel sold 3,500 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $125.15, for a total value of $438,025.00. Following the completion of the transaction, the chief executive officer owned 21,415 shares of the company’s stock, valued at $2,680,087.25. The trade was a 14.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts recently commented on DUK shares. Mizuho dropped their target price on shares of Duke Energy from $139.00 to $135.00 and set an “outperform” rating on the stock in a report on Thursday, June 18th. Evercore upped their price target on shares of Duke Energy from $139.00 to $140.00 in a report on Monday, May 11th. Jefferies Financial Group lowered their price target on Duke Energy from $143.00 to $138.00 in a research report on Monday, May 11th. Morgan Stanley boosted their price objective on Duke Energy from $132.00 to $136.00 in a research report on Wednesday, June 24th. Finally, Wall Street Zen upgraded Duke Energy from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. Nine research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $138.33.

About Duke Energy

Duke Energy Corporation is a U.S.-based electric power holding company headquartered in Charlotte, North Carolina. The company’s core business is the generation, transmission and distribution of electricity to residential, commercial and industrial customers. Duke Energy operates a mix of regulated electric utilities and non-regulated energy businesses, providing essential energy infrastructure and services across multiple states.

Its operating activities include owning and operating generation assets across a portfolio that encompasses nuclear, natural gas, coal, hydroelectric and an expanding array of renewable resources, as well as battery storage and grid modernization projects.