OMERS ADMINISTRATION Corp Purchases 8,329 Shares of Duke Energy Corporation $DUK

OMERS ADMINISTRATION Corp increased its position in Duke Energy Corporation (NYSE:DUK) by 0.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,215,832 shares of the utilities provider’s stock after acquiring an additional 8,329 shares during the period. Duke Energy comprises approximately 1.0% of OMERS ADMINISTRATION Corp’s holdings, making the stock its 26th largest position. OMERS ADMINISTRATION Corp’s holdings in Duke Energy were worth $159,201,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. World Investment Advisors grew its stake in shares of Duke Energy by 62.7% in the fourth quarter. World Investment Advisors now owns 42,680 shares of the utilities provider’s stock worth $5,003,000 after acquiring an additional 16,450 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in Duke Energy by 22.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 132,530 shares of the utilities provider’s stock valued at $15,534,000 after purchasing an additional 24,497 shares during the period. Moseley Investment Management Inc. boosted its holdings in Duke Energy by 423.6% in the fourth quarter. Moseley Investment Management Inc. now owns 9,749 shares of the utilities provider’s stock worth $1,143,000 after purchasing an additional 7,887 shares during the last quarter. Exchange Traded Concepts LLC grew its position in Duke Energy by 4.1% in the 4th quarter. Exchange Traded Concepts LLC now owns 359,829 shares of the utilities provider’s stock worth $42,176,000 after purchasing an additional 14,137 shares during the period. Finally, Advisors Management Group Inc. ADV grew its position in Duke Energy by 187.8% in the 4th quarter. Advisors Management Group Inc. ADV now owns 78,293 shares of the utilities provider’s stock worth $9,177,000 after purchasing an additional 51,088 shares during the period. 65.31% of the stock is owned by institutional investors.

Duke Energy Stock Up 1.0%

Shares of DUK stock opened at $130.54 on Friday. The company has a current ratio of 0.66, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. Duke Energy Corporation has a 12 month low of $113.89 and a 12 month high of $134.49. The stock has a market cap of $101.77 billion, a P/E ratio of 19.99, a P/E/G ratio of 2.88 and a beta of 0.38. The company has a 50 day simple moving average of $125.30 and a two-hundred day simple moving average of $125.79.

Duke Energy (NYSE:DUK) last issued its quarterly earnings results on Monday, May 4th. The utilities provider reported $1.93 earnings per share 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 business had revenue of $9.18 billion for the quarter, compared to analysts’ expectations of $8.44 billion. During the same quarter last year, the company posted $1.76 EPS. The company’s revenue was up 11.3% compared to the same quarter last year. On average, research analysts expect that Duke Energy Corporation will post 6.72 earnings per share for the current year.

Duke Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Friday, August 14th will be given a dividend of $1.085 per share. This represents a $4.34 annualized dividend and a yield of 3.3%. This is a boost from Duke Energy’s previous quarterly dividend of $1.06. The ex-dividend date is Friday, August 14th. Duke Energy’s dividend payout ratio (DPR) is presently 65.24%.

Insider Activity

In other Duke Energy news, CEO Louis E. Renjel sold 3,500 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $125.15, for a total transaction of $438,025.00. Following the completion of the sale, the chief executive officer owned 21,415 shares of the company’s stock, valued at approximately $2,680,087.25. The trade was a 14.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Harry K. Sideris sold 20,000 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $124.37, for a total value of $2,487,400.00. Following the completion of the sale, the chief executive officer owned 96,102 shares of the company’s stock, valued at approximately $11,952,205.74. The trade was a 17.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.12% of the company’s stock.

Analyst Upgrades and Downgrades

DUK has been the topic of several research analyst reports. Evercore increased their price target on Duke Energy from $139.00 to $140.00 in a report on Monday, May 11th. Wells Fargo & Company lifted their price objective on Duke Energy from $135.00 to $136.00 and gave the stock an “equal weight” rating in a report on Monday, April 20th. Wall Street Zen upgraded Duke Energy from a “sell” rating to a “hold” rating in a research report on Saturday, March 28th. UBS Group lowered their target price on Duke Energy from $137.00 to $135.00 in a report on Monday, May 11th. Finally, Mizuho dropped their target price on Duke Energy from $139.00 to $135.00 and set an “outperform” rating on the stock in a research report on Thursday, June 18th. Ten analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Duke Energy currently has an average rating of “Moderate Buy” and an average price target of $138.62.

More Duke Energy News

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

• Positive Sentiment: KeyCorp reiterated an Overweight rating on Duke Energy and raised its longer-term earnings outlook, nudging up FY2027, FY2028, and FY2029 EPS estimates. The firm also kept a $139 price target, suggesting confidence in Duke’s earnings growth trajectory.
• Positive Sentiment: Duke Energy unveiled its Customer Protection Plus framework, designed to support rapid data center-driven power demand while aiming to deliver billions in customer savings. Investors may view this as a constructive way to monetize infrastructure growth without triggering excessive pushback from customers. Duke Energy (DUK) Unveils Customer Savings Plan To Back Data Center Growth
• Positive Sentiment: The company also announced a higher quarterly dividend, reinforcing Duke Energy’s appeal as an income stock and helping attract dividend-focused investors. Can Duke Energy (DUK) Justify Its Price As Its Higher Dividend Draws Attention?
• Neutral Sentiment: North Carolina leaders and regulators are pressuring Duke Energy to make its federal data-center pledge legally binding. This could support accountability and customer trust, but it also raises regulatory scrutiny around future growth plans.
• Negative Sentiment: Regulatory criticism of Duke’s proposed rate increases remains a headwind, with North Carolina’s attorney general saying the lowered request is still too high. That could add pressure to future profitability if rate approvals become more difficult.

Duke Energy Company Profile

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.