Moseley Investment Management Inc. increased its stake in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 423.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 9,749 shares of the utilities provider’s stock after purchasing an additional 7,887 shares during the period. Moseley Investment Management Inc.’s holdings in Duke Energy were worth $1,143,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Duke Energy by 0.8% during the third quarter. Vanguard Group Inc. now owns 76,301,165 shares of the utilities provider’s stock worth $9,442,269,000 after purchasing an additional 584,382 shares in the last quarter. Northern Trust Corp grew its stake in shares of Duke Energy by 0.4% in the third quarter. Northern Trust Corp now owns 7,758,700 shares of the utilities provider’s stock valued at $960,139,000 after buying an additional 31,703 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of Duke Energy by 4.1% in the 3rd quarter. Franklin Resources Inc. now owns 7,281,986 shares of the utilities provider’s stock valued at $901,146,000 after buying an additional 288,499 shares during the period. Capital Research Global Investors raised its holdings in shares of Duke Energy by 0.3% in the 3rd quarter. Capital Research Global Investors now owns 5,033,225 shares of the utilities provider’s stock valued at $622,862,000 after buying an additional 12,758 shares during the period. Finally, Caisse de depot et placement du Quebec lifted its stake in Duke Energy by 19.1% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 2,613,595 shares of the utilities provider’s stock worth $323,432,000 after acquiring an additional 419,992 shares in the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.
Insider Buying and Selling
In other news, SVP Regis T. Repko sold 962 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $127.86, for a total value of $123,001.32. Following the sale, the senior vice president directly owned 3,896 shares in the company, valued at approximately $498,142.56. This trade represents a 19.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Louis E. Renjel sold 6,800 shares of Duke Energy stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $127.67, for a total transaction of $868,156.00. Following the sale, the chief executive officer directly owned 22,007 shares of the company’s stock, valued at approximately $2,809,633.69. This trade represents a 23.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.14% of the stock is owned by insiders.
Duke Energy Trading Up 0.0%
Duke Energy (NYSE:DUK – Get Free Report) last posted its quarterly earnings results on Monday, February 9th. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. The company had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.57 billion. Duke Energy had a return on equity of 9.66% and a net margin of 15.41%.During the same quarter last year, the company earned $1.66 EPS. Sell-side analysts expect that Duke Energy Corporation will post 6.33 earnings per share for the current fiscal year.
Duke Energy Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 13th were issued a $1.065 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $4.26 annualized dividend and a yield of 3.2%. Duke Energy’s dividend payout ratio (DPR) is 67.41%.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on DUK. Morgan Stanley set a $139.00 target price on Duke Energy in a report on Friday, February 20th. JPMorgan Chase & Co. reduced their price target on shares of Duke Energy from $136.00 to $126.00 and set a “neutral” rating on the stock in a research report on Thursday, December 11th. The Goldman Sachs Group raised their price objective on shares of Duke Energy from $141.00 to $142.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Wall Street Zen upgraded shares of Duke Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 28th. Finally, Mizuho set a $130.00 target price on shares of Duke Energy in a research note on Tuesday, February 10th. Nine research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $137.80.
Get Our Latest Report on Duke Energy
Key Stories Impacting Duke Energy
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Investor/analyst bullishness driven by clean‑energy and nuclear strength — recent coverage highlights that DUK has risen materially over the past months on a story of nuclear stability and aggressive renewable expansion, supporting the stock’s momentum. Duke Energy Stock Rises 11.7% in 3 Months: Should You Buy Now?
- Positive Sentiment: Utilities sector strength and defensive flows (e.g., VPU outperformance) are supporting investor demand for regulated names like Duke. This sector tailwind can help stabilize the stock amid company‑specific noise. VPU Is Up 7% While the S&P 500 Falls…
- Neutral Sentiment: Spire has closed the acquisition of Piedmont Natural Gas (previously part of Duke’s asset sales), which reduces Duke’s gas footprint but provides cash proceeds management can redeploy or use to shore up the balance sheet—net effect depends on how proceeds are used. Spire Closes Piedmont Natural Gas Acquisition, Expands in Tennessee
- Neutral Sentiment: Community and safety outreach (811 safe‑digging campaigns with Piedmont) and PR items continue; positive for regulatory relations but unlikely to move fundamentals materially. Duke Energy, Piedmont highlight 811 safety during digging season
- Neutral Sentiment: Operational/legal misc.: Duke sued over abandoned boats on Lake Norman — mostly a localized legal/reputational matter with limited broad financial impact. Duke Energy sues over abandoned boats on Lake Norman
- Negative Sentiment: Rate‑hike proposal faces heavy backlash at North Carolina Utilities Commission hearings — large turnout of angry customers and local officials increases the risk of rate relief being scaled back or delayed, a direct regulatory threat to near‑term revenue recovery. Duke Energy rate hike proposal draws backlash at NCUC hearings
- Negative Sentiment: Strong consumer pushback in North Carolina — profiles of customers saying they can’t afford higher bills amplify political/regulatory pressure and could influence the NCUC’s final decision. ‘There are days I don’t even turn anything on.’ Ratepayers push back against Duke Energy Progress rate hikes
- Negative Sentiment: NC Utilities Commission will formally consider Duke’s rate request — that formal regulatory review is a binary event: approval as filed would boost earnings; modifications or delays would be a headwind, so outcome uncertainty is weighing on sentiment. NC Utilities Commission to consider Duke Energy’s request for rate hike
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.
Further Reading
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.
