15,383 Duke Energy Corporation $DUK Shares Sold by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund cut its holdings in Duke Energy Corporation (NYSE:DUK) by 7.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 199,561 shares of the utilities provider’s stock after selling 15,383 shares during the period. Illinois Municipal Retirement Fund’s holdings in Duke Energy were worth $22,752,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DUK. Inspire Trust Co. N.A. lifted its position in shares of Duke Energy by 12.5% in the third quarter. Inspire Trust Co. N.A. now owns 18,000 shares of the utilities provider’s stock worth $2,052,000 after buying an additional 2,000 shares in the last quarter. AMG National Trust Bank boosted its holdings in Duke Energy by 2.6% during the 3rd quarter. AMG National Trust Bank now owns 22,525 shares of the utilities provider’s stock valued at $2,568,000 after acquiring an additional 566 shares during the period. Mesirow Financial Investment Management Inc. grew its holdings in shares of Duke Energy by 8.6% in the third quarter. Mesirow Financial Investment Management Inc. now owns 12,057 shares of the utilities provider’s stock worth $1,375,000 after purchasing an additional 954 shares during the last quarter. Lido Advisors LLC grew its stake in Duke Energy by 5.6% in the 3rd quarter. Lido Advisors LLC now owns 101,238 shares of the utilities provider’s stock worth $11,542,000 after acquiring an additional 5,332 shares in the last quarter. Finally, Keybank National Association OH increased its holdings in Duke Energy by 0.4% during the 3rd quarter. Keybank National Association OH now owns 431,411 shares of the utilities provider’s stock worth $49,185,000 after purchasing an additional 1,530 shares during the period. 65.31% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Duke Energy news, EVP Bonnie Titone sold 2,900 shares of the business’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $128.00, for a total transaction of $371,200.00. Following the sale, the executive vice president owned 26,111 shares of the company’s stock, valued at approximately $3,342,208. The trade was a 10.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.12% of the stock is owned by company insiders.

Trending Headlines about Duke Energy

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

• Positive Sentiment: Duke Energy Florida filed plans for four solar sites targeted for completion by mid-2028, projecting $1 billion in customer savings. The projects could support the utility’s generation plans, though they still require regulatory approval. Duke Energy Florida plans four new solar energy sites
• Positive Sentiment: U.S. power demand is expected to set records in 2026 and 2027 as AI use expands. Greater demand could create long-term opportunities for Duke Energy, although the benefit depends on the company’s ability to add capacity and serve large customers. U.S. power demand to beat record highs
• Neutral Sentiment: Duke Energy reached an agreement on customer protections for data centers in North Carolina. The safeguards may address concerns about shifting costs to households, while potentially shaping the terms and economics of serving major new customers. Duke Energy reaches agreement on data center customer protections
• Neutral Sentiment: Davidson County is weighing a large rezoning request for a proposed Duke Energy natural-gas complex. The project could add generation capacity, but its progress depends on local approval. Davidson County weighs rezoning for Duke Energy gas complex
• Negative Sentiment: Florida regulators rejected Duke Energy’s data-center plan, citing risks to consumers. The decision could delay or prevent the company from capturing expected demand from a large customer and highlights regulatory scrutiny over who pays for infrastructure. Florida regulators reject Duke Energy data center plan

Duke Energy Trading Up 0.7%

Shares of NYSE:DUK opened at $128.96 on Wednesday. The business’s 50-day moving average is $120.18 and its 200 day moving average is $124.61. Duke Energy Corporation has a 1 year low of $112.40 and a 1 year high of $134.49. The firm has a market capitalization of $100.55 billion, a P/E ratio of 18.85, a P/E/G ratio of 2.99 and a beta of 0.33. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.68 and a quick ratio of 0.44.

Duke Energy (NYSE:DUK) last issued its quarterly earnings results on Thursday, November 5th. The utilities provider reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.13. Duke Energy had a return on equity of 9.82% and a net margin of 15.94%. The business had revenue of $9.10 billion during the quarter, compared to the consensus estimate of $8.91 billion. During the same quarter last year, the company earned $1.81 earnings per share. The company’s quarterly revenue was up 6.6% on a year-over-year basis. On average, research analysts predict that Duke Energy Corporation will post 6.72 earnings per share for the current fiscal year.

Duke Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Friday, November 13th will be given a $1.0850 dividend. This represents a $4.34 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, November 13th. Duke Energy’s dividend payout ratio (DPR) is presently 63.45%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on DUK shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Duke Energy in a research report on Thursday, October 29th. BMO Capital Markets cut their price objective on shares of Duke Energy from $134.00 to $132.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. KeyCorp reduced their price objective on shares of Duke Energy from $139.00 to $128.00 and set an “overweight” rating for the company in a research note on Tuesday, October 13th. Mizuho set a $136.00 target price on shares of Duke Energy in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Duke Energy from $137.00 to $130.00 and set a “neutral” rating for the company in a research note on Tuesday, October 13th. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $132.19.

About Duke Energy

Duke Energy is a U.S. energy company focused primarily on regulated electric utilities and natural gas distribution. Its businesses generate, transmit and distribute electricity, and provide natural gas service to residential, commercial and industrial customers. The company serves electric customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. Its natural gas distribution operations serve customers in several states, including North Carolina, South Carolina, Ohio, Kentucky and Tennessee.