Midwest Trust Co Has $15.83 Million Holdings in Duke Energy Corporation $DUK

Midwest Trust Co lifted its stake in shares of Duke Energy Corporation (NYSE:DUK) by 4.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 135,091 shares of the utilities provider’s stock after buying an additional 5,403 shares during the period. Midwest Trust Co’s holdings in Duke Energy were worth $15,834,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. NewEdge Wealth LLC increased its holdings in shares of Duke Energy by 90.6% during the fourth quarter. NewEdge Wealth LLC now owns 11,374 shares of the utilities provider’s stock worth $1,333,000 after buying an additional 5,408 shares in the last quarter. Stiles Financial Services Inc increased its holdings in shares of Duke Energy by 5.5% during the fourth quarter. Stiles Financial Services Inc now owns 25,433 shares of the utilities provider’s stock worth $2,981,000 after buying an additional 1,320 shares in the last quarter. Vectors Research Management LLC increased its holdings in shares of Duke Energy by 1.5% during the fourth quarter. Vectors Research Management LLC now owns 20,998 shares of the utilities provider’s stock worth $2,461,000 after buying an additional 301 shares in the last quarter. Denali Advisors LLC increased its holdings in shares of Duke Energy by 21.4% during the fourth quarter. Denali Advisors LLC now owns 4,531 shares of the utilities provider’s stock worth $531,000 after buying an additional 799 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID increased its holdings in shares of Duke Energy by 35.0% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 324 shares of the utilities provider’s stock worth $38,000 after buying an additional 84 shares in the last quarter. 65.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Louis E. Renjel sold 6,800 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $127.67, for a total value of $868,156.00. Following the transaction, the chief executive officer 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Regis T. Repko sold 962 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $127.86, for a total transaction of $123,001.32. Following the completion of the transaction, the senior vice president directly owned 3,896 shares in the company, valued at approximately $498,142.56. The trade was a 19.80% decrease in their position. The SEC filing for this sale provides additional information. 0.12% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Duke Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 28th. Jefferies Financial Group increased their price objective on Duke Energy from $125.00 to $141.00 and gave the company a “hold” rating in a report on Tuesday, February 17th. Evercore restated an “in-line” rating and issued a $139.00 price objective on shares of Duke Energy in a report on Thursday, March 5th. JPMorgan Chase & Co. increased their price objective on Duke Energy from $138.00 to $139.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Finally, BMO Capital Markets decreased their price objective on Duke Energy from $139.00 to $138.00 in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $140.67.

Duke Energy Price Performance

DUK stock opened at $124.10 on Friday. The stock has a market capitalization of $96.75 billion, a PE ratio of 19.01 and a beta of 0.41. The company’s 50-day moving average is $129.72 and its 200-day moving average is $124.21. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.66 and a quick ratio of 0.33. Duke Energy Corporation has a 1 year low of $111.22 and a 1 year high of $134.49.

Duke Energy (NYSE:DUK) last released its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $8.44 billion. During the same quarter in the prior year, the firm earned $1.76 EPS. The business’s revenue was up 11.3% on a year-over-year basis. Duke Energy has set its FY 2026 guidance at 6.550-6.80 EPS. Equities research analysts expect that Duke Energy Corporation will post 6.7 EPS for the current fiscal year.

Duke Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Friday, May 15th will be given a $1.065 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.26 annualized dividend and a yield of 3.4%. Duke Energy’s dividend payout ratio (DPR) is presently 65.24%.

Duke Energy News Summary

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

• Positive Sentiment: Duke Energy reported better-than-expected quarterly results recently, with EPS topping estimates and revenue coming in above forecasts, which supports the stock’s longer-term fundamentals. Duke Energy Corporation Just Beat EPS By 13%: Here’s What Analysts Think Will Happen Next
• Positive Sentiment: The company declared a quarterly dividend of $1.065 per share, reinforcing its appeal as a defensive income stock for investors seeking stable cash returns. Duke Energy announces dividend payments to shareholders
• Positive Sentiment: Wall Street coverage remains broadly constructive, with one recent analysis asking whether analysts are bullish on Duke Energy, suggesting the stock still has support from the sell side. Are Wall Street Analysts Bullish on Duke Energy Stock?
• Neutral Sentiment: BMO Capital Markets trimmed its price target slightly to $138 from $139, a modest change that does not materially alter the positive valuation outlook. BMO Capital adjusts price target on Duke Energy to $138 from $139
• Negative Sentiment: Political and regulatory scrutiny remains a drag, including protests linking Duke Energy to climate and governance concerns in North Carolina. Climate activists block governor’s mansion, call Stein ‘complicit’ with Duke Energy
• Negative Sentiment: News about a $90.5 million refund tied to storm-cost over-collection in Florida highlights ongoing customer and regulatory backlash that could pressure sentiment around future rate decisions. Duke Energy Florida customers to receive $90.5 million refund after storm cost over-collection

Duke Energy 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.