Strs Ohio lessened its holdings in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 11.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 218,395 shares of the utilities provider’s stock after selling 29,616 shares during the quarter. Strs Ohio’s holdings in Duke Energy were worth $27,026,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of Duke Energy by 11.6% during the 4th quarter. Brighton Jones LLC now owns 6,754 shares of the utilities provider’s stock valued at $728,000 after acquiring an additional 700 shares during the last quarter. Empowered Funds LLC grew its holdings in Duke Energy by 19.6% in the first quarter. Empowered Funds LLC now owns 23,162 shares of the utilities provider’s stock valued at $2,825,000 after purchasing an additional 3,797 shares during the period. Accurate Wealth Management LLC increased its position in Duke Energy by 2.4% during the second quarter. Accurate Wealth Management LLC now owns 4,463 shares of the utilities provider’s stock worth $527,000 after purchasing an additional 104 shares during the last quarter. Ballentine Partners LLC raised its stake in Duke Energy by 4.4% during the second quarter. Ballentine Partners LLC now owns 10,282 shares of the utilities provider’s stock worth $1,213,000 after purchasing an additional 429 shares during the period. Finally, Regatta Capital Group LLC boosted its holdings in shares of Duke Energy by 11.2% in the 2nd quarter. Regatta Capital Group LLC now owns 1,855 shares of the utilities provider’s stock valued at $219,000 after purchasing an additional 187 shares during the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.
Duke Energy Price Performance
DUK stock opened at $117.40 on Friday. The firm has a market cap of $91.30 billion, a P/E ratio of 18.46, a price-to-earnings-growth ratio of 2.56 and a beta of 0.50. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.40 and a current ratio of 0.63. Duke Energy Corporation has a 1 year low of $108.74 and a 1 year high of $130.03. The stock has a 50-day simple moving average of $118.47 and a 200-day simple moving average of $121.38.
Duke Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 13th will be given a $1.065 dividend. This represents a $4.26 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Friday, February 13th. Duke Energy’s dividend payout ratio is presently 66.98%.
Insider Buying and Selling at Duke Energy
In other news, EVP Robert Alexander Glenn sold 8,200 shares of Duke Energy stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $123.80, for a total transaction of $1,015,160.00. Following the sale, the executive vice president directly owned 11,367 shares of the company’s stock, valued at approximately $1,407,234.60. The trade was a 41.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.14% of the stock is owned by corporate insiders.
Key Headlines Impacting Duke Energy
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Duke says it has more than 18,000 workers from 27 states and Canada staged to respond to Winter Storm Fern, signaling strong operational readiness to limit outage duration and reputational damage. PR Newswire release
- Positive Sentiment: Duke Energy Florida is deploying about 500 workers to assist Carolinas restoration efforts, showing proactive mutual-aid deployment that can speed repairs and reduce prolonged outage costs. MSN report
- Neutral Sentiment: Analysis pieces are reframing DUK around analyst target changes and sentiment rather than material operations — watch how consensus targets and EPS forecasts evolve, since market reaction is being driven by these narrative shifts. Yahoo Finance
- Neutral Sentiment: Market coverage notes a recent intraday price dip and elevated volume as investors reposition around storm risk and dividend safety narratives; this is more of a sentiment/flow story than a fundamentals surprise. Zacks
- Negative Sentiment: RBC cut its DUK price target to $140 from $143 and kept a “sector perform” rating — a small downgrade that still implies about ~19% upside but may weigh on near‑term sentiment. MarketScreener
- Negative Sentiment: Multiple reports warn of freezing‑rain/ice risks and potential multiday outages in Duke’s service areas; prolonged outages raise short‑term repair and overtime costs and could spur customer complaints and regulatory scrutiny. MarketBeat / AP coverage
- Negative Sentiment: Local coverage highlights customer complaints about rising bills, a reputational/regulatory headwind that can affect rate cases and public sentiment if the issue escalates. WCPO article
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on the company. Wells Fargo & Company cut their target price on Duke Energy from $126.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Scotiabank raised their price objective on Duke Energy from $137.00 to $146.00 and gave the stock a “sector outperform” rating in a report on Tuesday, December 16th. Jefferies Financial Group reduced their price objective on Duke Energy from $126.00 to $125.00 and set a “hold” rating on the stock in a research note on Wednesday, January 14th. The Goldman Sachs Group increased their target price on shares of Duke Energy from $138.00 to $141.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Finally, Evercore ISI assumed coverage on shares of Duke Energy in a research report on Monday, October 6th. They set an “outperform” rating and a $143.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $134.94.
View Our Latest Analysis on DUK
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.
See Also
- Five stocks we like better than Duke Energy
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- The $100 Trillion AI Story No One Is Telling You
- Buy This Stock at 9:30 AM on MONDAY!
- A U.S. “birthright” claim worth trillions – activated quietly
- If You Keep Cash In A U.S. Bank Account… Read This NOW
Want to see what other hedge funds are holding DUK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Duke Energy Corporation (NYSE:DUK – Free Report).
Receive News & Ratings for Duke Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duke Energy and related companies with MarketBeat.com's FREE daily email newsletter.
