Bcwm LLC increased its position in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 4.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 109,510 shares of the utilities provider’s stock after buying an additional 4,321 shares during the period. Duke Energy makes up 4.1% of Bcwm LLC’s holdings, making the stock its 3rd biggest holding. Bcwm LLC’s holdings in Duke Energy were worth $13,552,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Bare Financial Services Inc raised its position in shares of Duke Energy by 211.1% in the 3rd quarter. Bare Financial Services Inc now owns 280 shares of the utilities provider’s stock worth $35,000 after acquiring an additional 190 shares in the last quarter. Imprint Wealth LLC bought a new stake in shares of Duke Energy during the 3rd quarter valued at about $39,000. Meeder Asset Management Inc. acquired a new stake in Duke Energy during the third quarter worth approximately $39,000. Anfield Capital Management LLC increased its holdings in Duke Energy by 2,608.3% in the second quarter. Anfield Capital Management LLC now owns 325 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 313 shares in the last quarter. Finally, Total Investment Management Inc. acquired a new position in Duke Energy in the second quarter valued at approximately $46,000. 65.31% of the stock is currently owned by institutional investors and hedge funds.
Duke Energy Stock Performance
Shares of Duke Energy stock opened at $133.17 on Friday. Duke Energy Corporation has a 52 week low of $111.22 and a 52 week high of $134.12. The company has a quick ratio of 0.33, a current ratio of 0.55 and a debt-to-equity ratio of 1.54. The business has a 50 day moving average price of $123.95 and a 200-day moving average price of $122.63. The company has a market cap of $103.56 billion, a PE ratio of 21.07, a price-to-earnings-growth ratio of 2.89 and a beta of 0.50.
Duke Energy Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 13th will be paid a $1.065 dividend. The ex-dividend date is Friday, February 13th. This represents a $4.26 annualized dividend and a dividend yield of 3.2%. Duke Energy’s dividend payout ratio is presently 67.41%.
Analyst Ratings Changes
A number of equities analysts have issued reports on DUK shares. Mizuho set a $130.00 price target on Duke Energy in a report on Tuesday, February 10th. UBS Group boosted their target price on shares of Duke Energy from $136.00 to $140.00 in a research report on Monday, March 9th. Barclays cut their target price on shares of Duke Energy from $135.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, January 15th. Scotiabank lifted their price target on shares of Duke Energy from $137.00 to $146.00 and gave the company a “sector outperform” rating in a research note on Tuesday, December 16th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Duke Energy in a report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Duke Energy presently has an average rating of “Hold” and an average target price of $137.80.
More Duke Energy News
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Regulatory progress — Duke secured settlement support for its planned Carolinas utility combination, clearing a key hurdle toward consolidation and potential regulatory approval that could simplify operations and reduce costs. Duke Energy secures settlement support for Carolinas utility combination
- Positive Sentiment: Clean-energy growth — Duke opened its largest battery-storage facility in Knightdale, expanding firming capacity for renewables and supporting long-term earnings stability as the utility transitions generation mix. Duke Energy’s largest battery storage facility now open in Knightdale
- Positive Sentiment: Community resilience programs — The Duke Energy Foundation announced $500k in HERO grants to strengthen emergency preparedness across South Carolina, a modest but constructive CSR/operational resilience signal. SC agencies, nonprofits eligible for Duke Energy’s $500K emergency preparedness grants
- Neutral Sentiment: Debt/maturity management — Duke completed a $1.5B offering of 3.000% convertible notes, which helps refinance near-term maturities and preserves liquidity, though convertibles carry potential future dilution. Duke Energy Completes $1.5 Billion Convertible Notes Offering
- Neutral Sentiment: Operational update — Local outage restoration updates (e.g., New Whiteland) and community feeding programs show steady operational responsiveness but have limited market impact. Duke Energy: Power should be back on in New Whiteland by 4 p.m. Duke Energy teams up with Blessings in a Backpack to feed Floyd County students over spring break
- Negative Sentiment: Major equity raise announced — Duke disclosed a $6 billion common-stock offering, which is likely why some investors are cautious: a large follow-on can materially dilute existing shareholders and pressure the share price despite funding needs. Duke Energy (DUK) Announces $6 Billion Common Stock Offering
- Negative Sentiment: Regulatory and political pushback — North Carolina residents are raising alarms over rising energy bills and pushing for audits amid rate-hike requests; public opposition can complicate ratemaking and future returns. NC residents sound alarm over rising energy bills, demand audit of Duke Energy
- Negative Sentiment: Local legal dispute — A homeowner is fighting Duke in a high-profile Lake Norman boats lawsuit, a reputational/legal overhang with modest direct financial risk but possible local regulatory attention. Woman fights Duke Energy lawsuit that wants her famous big boats off Lake Norman
Insider Activity
In other Duke Energy news, SVP Regis T. Repko sold 962 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $127.86, for a total value of $123,001.32. Following the completion of the sale, the senior vice president directly owned 3,896 shares of the company’s stock, valued at approximately $498,142.56. This represents a 19.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Louis E. Renjel sold 6,800 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $127.67, for a total transaction of $868,156.00. Following the completion of the sale, 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 0.14% of the company’s stock.
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.
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