Forsta AP Fonden Sells 37,400 Shares of Duke Energy Corporation $DUK

Forsta AP Fonden lowered its position in shares of Duke Energy Corporation (NYSE:DUK) by 18.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 167,300 shares of the utilities provider’s stock after selling 37,400 shares during the period. Forsta AP Fonden’s holdings in Duke Energy were worth $19,609,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Mill Creek Capital Advisors LLC lifted its position in shares of Duke Energy by 4.6% in the 3rd quarter. Mill Creek Capital Advisors LLC now owns 1,854 shares of the utilities provider’s stock worth $229,000 after purchasing an additional 82 shares during the period. CYBER HORNET ETFs LLC raised its stake in Duke Energy by 4.1% in the third quarter. CYBER HORNET ETFs LLC now owns 2,113 shares of the utilities provider’s stock worth $261,000 after buying an additional 83 shares in the last quarter. Legacy Wealth Managment LLC ID raised its stake in Duke Energy by 35.0% in 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. MidWestOne Financial Group Inc. lifted its holdings in Duke Energy by 1.1% during the third quarter. MidWestOne Financial Group Inc. now owns 7,858 shares of the utilities provider’s stock worth $972,000 after buying an additional 87 shares during the period. Finally, Perennial Investment Advisors LLC boosted its position in Duke Energy by 4.1% during the 3rd quarter. Perennial Investment Advisors LLC now owns 2,223 shares of the utilities provider’s stock valued at $275,000 after acquiring an additional 87 shares in the last quarter. 65.31% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Duke Energy

In other Duke Energy news, CEO Louis E. Renjel sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $125.15, for a total transaction of $438,025.00. Following the transaction, the chief executive officer owned 21,415 shares in the company, valued at approximately $2,680,087.25. This represents a 14.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Harry K. Sideris sold 20,000 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $124.37, for a total transaction of $2,487,400.00. Following the completion of the transaction, the chief executive officer directly owned 96,102 shares of the company’s stock, valued at approximately $11,952,205.74. This represents a 17.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.12% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently commented on DUK shares. Weiss Ratings reissued a “buy (b)” rating on shares of Duke Energy in a research report on Monday, May 4th. Jefferies Financial Group cut their target price on Duke Energy from $143.00 to $138.00 in a research note on Monday, May 11th. Mizuho boosted their target price on shares of Duke Energy from $130.00 to $139.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Morgan Stanley lowered their price target on shares of Duke Energy from $141.00 to $132.00 in a report on Thursday, May 21st. Finally, Evercore lifted their price objective on shares of Duke Energy from $139.00 to $140.00 in a research report on Monday, May 11th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $139.07.

Duke Energy Stock Down 0.9%

Shares of DUK stock opened at $122.62 on Friday. The stock’s fifty day moving average price is $127.44 and its 200 day moving average price is $124.04. Duke Energy Corporation has a 1-year low of $113.39 and a 1-year high of $134.49. The company has a market cap of $95.59 billion, a price-to-earnings ratio of 18.78 and a beta of 0.41. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.66 and a quick ratio of 0.44.

Duke Energy (NYSE:DUK) last released its quarterly earnings results on Monday, May 4th. The utilities provider reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $0.06. Duke Energy had a return on equity of 9.73% and a net margin of 15.49%.The company had revenue of $9.18 billion during the quarter, compared to analysts’ expectations of $8.44 billion. During the same period last year, the business posted $1.76 earnings per share. The firm’s revenue was up 11.3% compared to the same quarter last year. On average, research analysts expect that Duke Energy Corporation will post 6.71 earnings per share for the current fiscal year.

Duke Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Friday, May 15th will be given a dividend of $1.065 per share. This represents a $4.26 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Friday, May 15th. Duke Energy’s payout ratio is currently 65.24%.

Duke Energy News Summary

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

• Positive Sentiment: Duke Energy Florida announced a third rate reduction this year, cutting residential bills by roughly 25% for summer months, which could improve customer goodwill and political/regulatory relations. Duke Energy Florida implements third rate reduction to lower residential customer bills by approximately 25% in 2026
• Positive Sentiment: Duke Energy Foundation awarded $500,000 in North Carolina grants to strengthen hurricane preparedness, underscoring resilience planning ahead of storm season. Ahead of hurricane season, Duke Energy Foundation awards $500,000 to strengthen storm preparedness across North Carolina
• Neutral Sentiment: Investor interest has been rising in Duke Energy as Zacks highlighted the stock and clean-energy/wind-sector themes that keep DUK in focus. Top Wind Energy Stocks to Watch Amid Increased Adoption of Clean Energy
• Neutral Sentiment: Work continues on the $250 million redevelopment of Duke Energy’s former headquarters in uptown Charlotte, a long-term real estate milestone that is not expected to materially change near-term fundamentals. In uptown Charlotte, $250M revamp of old Duke Energy headquarters hits a milestone
• Negative Sentiment: The Florida rate cuts could weigh on revenue growth expectations in Duke Energy’s regulated utility business, even as they support customer affordability. Duke Energy Florida implements third rate reduction to lower residential customer bills by approximately 25% in 2026

About Duke Energy

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.