Greenwood Capital Associates LLC Sells 5,831 Shares of Duke Energy Corporation $DUK

Greenwood Capital Associates LLC decreased its position in shares of Duke Energy Corporation (NYSE:DUK) by 21.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,965 shares of the utilities provider’s stock after selling 5,831 shares during the period. Greenwood Capital Associates LLC’s holdings in Duke Energy were worth $2,876,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its position 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 worth $728,000 after buying an additional 700 shares during the last quarter. Empowered Funds LLC raised its stake in Duke Energy by 19.6% during the first quarter. Empowered Funds LLC now owns 23,162 shares of the utilities provider’s stock worth $2,825,000 after acquiring an additional 3,797 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in Duke Energy by 1.0% during the second quarter. Schnieders Capital Management LLC. now owns 31,238 shares of the utilities provider’s stock worth $3,686,000 after acquiring an additional 315 shares in the last quarter. AXA S.A. lifted its holdings in shares of Duke Energy by 523.4% in the second quarter. AXA S.A. now owns 42,233 shares of the utilities provider’s stock worth $4,983,000 after acquiring an additional 35,458 shares during the last quarter. Finally, Nebula Research & Development LLC bought a new stake in shares of Duke Energy during the 2nd quarter valued at approximately $954,000. 65.31% of the stock is owned by institutional investors.

Duke Energy Price Performance

Shares of DUK opened at $126.71 on Thursday. The business’s fifty day moving average is $125.03 and its 200 day moving average is $125.05. Duke Energy Corporation has a 12-month low of $113.89 and a 12-month high of $134.49. The company has a quick ratio of 0.44, a current ratio of 0.66 and a debt-to-equity ratio of 1.45. The stock has a market cap of $98.79 billion, a P/E ratio of 19.40 and a beta of 0.38.

Duke Energy (NYSE:DUK) last issued its earnings results on Monday, May 4th. The utilities provider reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.06. Duke Energy had a return on equity of 9.73% and a net margin of 15.49%.The firm had revenue of $9.18 billion for the quarter, compared to analyst estimates of $8.44 billion. During the same period in the previous year, the company posted $1.76 earnings per share. The business’s revenue was up 11.3% on a year-over-year basis. Sell-side analysts anticipate that Duke Energy Corporation will post 6.71 earnings per share for the current fiscal year.

Duke Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Friday, May 15th were issued a dividend of $1.065 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.26 annualized dividend and a yield of 3.4%. Duke Energy’s dividend payout ratio is 65.24%.

Insider Transactions at Duke Energy

In other Duke Energy news, CEO Louis E. Renjel sold 3,500 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $125.15, for a total transaction of $438,025.00. Following the completion of the transaction, the chief executive officer owned 21,415 shares in the company, valued at $2,680,087.25. This trade represents a 14.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Harry K. Sideris sold 20,000 shares of Duke Energy stock in a transaction dated 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 owned 96,102 shares of the company’s stock, valued at $11,952,205.74. The trade was 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 owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wells Fargo & Company increased their price target on Duke Energy from $135.00 to $136.00 and gave the company an “equal weight” rating in a research note on Monday, April 20th. Weiss Ratings restated a “buy (b)” rating on shares of Duke Energy in a research report on Monday, May 4th. Evercore upped their target price on Duke Energy from $139.00 to $140.00 in a report on Monday, May 11th. Jefferies Financial Group decreased their target price on shares of Duke Energy from $143.00 to $138.00 in a research report on Monday, May 11th. Finally, UBS Group dropped their price target on shares of Duke Energy from $137.00 to $135.00 in a research report on Monday, May 11th. Nine analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $138.33.

Duke Energy News Summary

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

• Positive Sentiment: Duke Energy continues to be viewed as a defensive stock, with articles pointing to it as a safer alternative during the ongoing rotation out of tech. 4 Defensive Stocks to Take Refuge in as Tech Sell-off Continues
• Positive Sentiment: Another market piece highlighted Duke Energy as an attractive blue-chip dividend/regulatory utility play, reinforcing its appeal to income-focused investors. Forget Coca-Cola, Choose Duke Energy
• Neutral Sentiment: Duke Energy announced it will report second-quarter 2026 results on Aug. 4, which is a near-term catalyst but not yet a fundamental update. Duke Energy to announce second-quarter 2026 financial results on Aug. 4
• Neutral Sentiment: Investor interest in DUK has picked up on Zacks, suggesting increased attention, but not a direct business development. Investors Heavily Search Duke Energy Corporation (DUK): Here is What You Need to Know
• Negative Sentiment: Florida regulators are casting doubt on Duke’s plan for serving AI data centers, creating uncertainty around a potentially important growth opportunity. Florida regulators cast doubt on Duke Energy’s data center plan
• Negative Sentiment: Duke’s North Carolina rate-hike request is facing pushback in hearings, with critics arguing the proposed increase is still too high; that could slow the company’s ability to lift regulated returns. Duke Energy seeks NC approval to raise rates in 7-hour long hearing
• Negative Sentiment: Goldman Sachs removing Duke Energy from its U.S. Conviction List may have added to sentiment pressure around the shares. Goldman Sachs Removes Duke Energy (DUK) from its US Conviction List

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.