Massachusetts Financial Services Co. MA Cuts Stock Position in Duke Energy Corporation $DUK

Massachusetts Financial Services Co. MA lowered its position in shares of Duke Energy Corporation (NYSE:DUK) by 1.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,869,572 shares of the utilities provider’s stock after selling 305,238 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Duke Energy were worth $2,087,610,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the business. Simon Quick Advisors LLC increased its stake in Duke Energy by 42.2% in the 2nd quarter. Simon Quick Advisors LLC now owns 7,444 shares of the utilities provider’s stock worth $878,000 after acquiring an additional 2,210 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Duke Energy by 37.7% in the third quarter. Farther Finance Advisors LLC now owns 41,642 shares of the utilities provider’s stock valued at $5,153,000 after purchasing an additional 11,409 shares in the last quarter. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Duke Energy in the second quarter valued at $61,000. Greystone Financial Group LLC raised its stake in Duke Energy by 12.7% during the third quarter. Greystone Financial Group LLC now owns 93,766 shares of the utilities provider’s stock valued at $11,604,000 after purchasing an additional 10,580 shares in the last quarter. Finally, Alley Investment Management Company LLC lifted its position in Duke Energy by 13.0% during the third quarter. Alley Investment Management Company LLC now owns 88,018 shares of the utilities provider’s stock valued at $10,892,000 after purchasing an additional 10,108 shares during the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Robert Alexander Glenn sold 8,200 shares of Duke Energy stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $123.80, for a total value of $1,015,160.00. Following the transaction, the executive vice president directly owned 11,367 shares in the company, valued at approximately $1,407,234.60. This trade represents a 41.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.14% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

DUK has been the topic of several recent research reports. Cowen began coverage on shares of Duke Energy in a research report on Wednesday, October 15th. They set a “buy” rating on the stock. BMO Capital Markets decreased their price objective on Duke Energy from $136.00 to $130.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 13th. Evercore ISI started coverage on Duke Energy in a research report on Monday, October 6th. They set an “outperform” rating and a $143.00 target price on the stock. Jefferies Financial Group lowered their price target on Duke Energy from $126.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday. Finally, Royal Bank Of Canada upgraded shares of Duke Energy to a “hold” rating in a research report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $135.56.

Duke Energy Stock Up 0.3%

Shares of NYSE DUK opened at $119.24 on Friday. Duke Energy Corporation has a 52-week low of $108.45 and a 52-week high of $130.03. The firm has a market capitalization of $92.73 billion, a price-to-earnings ratio of 18.75, a PEG ratio of 2.59 and a beta of 0.50. The stock has a 50 day moving average price of $118.94 and a 200 day moving average price of $121.37. 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 (NYSE:DUK) last posted its quarterly earnings results on Thursday, November 6th. The utilities provider reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.75 by $0.06. Duke Energy had a return on equity of 9.98% and a net margin of 15.76%.The business had revenue of $8.54 billion for the quarter, compared to the consensus estimate of $8.51 billion. During the same quarter in the prior year, the company earned $1.62 EPS. The business’s revenue was up 4.8% compared to the same quarter last year. Sell-side analysts expect that Duke Energy Corporation will post 6.33 earnings per share for the current year.

Duke Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 13th will be paid a $1.065 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $4.26 dividend on an annualized basis and a yield of 3.6%. Duke Energy’s payout ratio is 66.98%.

Trending Headlines about Duke Energy

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

• Positive Sentiment: Duke unveiled a major battery-storage project at a former coal plant — a $100M conversion that supports capacity, grid reliability and decarbonization goals, which investors tend to view positively for longer‑term growth and regulatory alignment. Duke Energy turns former coal plant into $100 million battery storage space
• Positive Sentiment: Duke rolled out customer programs (smart‑thermostat credits, demand‑shift rate options) and winter energy‑saving tips intended to lower bills and improve customer goodwill — a regulatory and PR positive that can ease political/regulatory friction. Duke Energy helps customers stay energy smart as temperatures plunge with programs and tips to save money and energy
• Positive Sentiment: Duke’s Florida unit said it will drop a storm cost recovery charge from customer bills one month early — customer relief that can improve public perception and reduce near‑term regulatory scrutiny. Duke Energy unit to drop storm recovery charge from customer bills a month early
• Neutral Sentiment: Executive succession: Duke announced the retirement of its EVP/chief generation officer after a long tenure — operationally notable but not an immediate earnings driver. Duke Energy announces leadership changes in its generation and operational excellence organization
• Neutral Sentiment: Local/industry guidance and media coverage about cold‑weather customer tips (Piedmont Natural Gas) and day‑to‑day trading headlines are background noise for Duke rather than direct drivers. Piedmont Natural Gas shares tips to help lower energy costs before upcoming cold weather
• Negative Sentiment: Analysts trimmed price targets: BMO cut its target (to $130, still an outperform) and Jefferies trimmed its target to $125 (hold). Downward target moves can pressure sentiment even if ratings remain constructive. BMO Capital adjusts Duke Energy price target to $130 from $136; maintains outperform rating Jefferies adjusts price target on Duke Energy to $125 from $126; maintains hold rating
• Negative Sentiment: Analysts expect a modest Q4 earnings decline (single‑digit drop projected), which could cap upside until results are reported next month. Here’s What to Expect From Duke Energy’s Next Earnings Report
• Negative Sentiment: Regulatory/community risk: reporting highlights controversy around a proposed large natural‑gas plant site in Davidson County — potential permitting delays, opposition and litigation risk. Duke Energy Plans to Build a Massive Natural Gas Power Plant in Davidson County. But Where, Exactly?
• Negative Sentiment: New or rising bill charges: coverage about storm‑related charges and reports that some customers will see higher bills to fund grid upgrades create political/regulatory risk and could hurt customer sentiment. New storm charge on Duke Energy bills to fund grid upgrades
• Negative Sentiment: Investor comparison pieces favoring nuclear peers (e.g., Cameco) as a better dividend play could divert income‑focused buyers away from Duke. Better Nuclear Income Play for 2026: Cameco vs. Duke Energy

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.