Jennison Associates LLC Sells 5,439 Shares of Duke Energy Corporation $DUK

Jennison Associates LLC cut its holdings in shares of Duke Energy Corporation (NYSE:DUK) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 260,403 shares of the utilities provider’s stock after selling 5,439 shares during the quarter. Jennison Associates LLC’s holdings in Duke Energy were worth $30,522,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wagner Wealth Management LLC lifted its position in Duke Energy by 3.2% during the 4th quarter. Wagner Wealth Management LLC now owns 17,407 shares of the utilities provider’s stock worth $2,040,000 after buying an additional 540 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co bought a new stake in Duke Energy during the 4th quarter worth about $227,000. Bogart Wealth LLC lifted its position in Duke Energy by 2.0% during the 4th quarter. Bogart Wealth LLC now owns 101,665 shares of the utilities provider’s stock worth $11,916,000 after buying an additional 2,002 shares in the last quarter. Joel Isaacson & Co. LLC lifted its position in Duke Energy by 19.6% during the 4th quarter. Joel Isaacson & Co. LLC now owns 5,669 shares of the utilities provider’s stock worth $664,000 after buying an additional 930 shares in the last quarter. Finally, Interchange Capital Partners LLC lifted its position in Duke Energy by 17.3% during the 4th quarter. Interchange Capital Partners LLC now owns 4,525 shares of the utilities provider’s stock worth $530,000 after buying an additional 667 shares in the last quarter. 65.31% of the stock is owned by institutional investors.

Duke Energy News Summary

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

• Positive Sentiment: South Carolina regulators approved a settlement to combine Duke Energy Carolinas and Duke Energy Progress, an agreement that the company says includes guaranteed, trackable long‑term customer savings backed by shareholder commitments — a regulatory win that reduces execution risk and may improve future rate outcomes. South Carolina customers projected to benefit from billions in long-term savings from approved combination of Duke Energy utilities
• Positive Sentiment: Local goodwill/ESG: The Duke Energy Foundation awarded $275,000 for South Carolina green-space projects, a modest reputational positive that supports community relations amid rate debates. Duke Energy Foundation awards $275,000 for SC green spaces
• Neutral Sentiment: Security/operations: Extra security measures are being implemented after a threat related to Duke’s CEO speaking at an NC State commencement — operational/PR risk but not directly financial. A look at graduation security measures after threat against Duke Energy CEO set to speak at NC State commencement
• Neutral Sentiment: Operational risk: Duke continues to monitor extreme drought conditions that could force water restrictions — something to watch for potential operational impacts in affected service areas. Duke Energy continues to monitor extreme drought conditions, mandatory water restrictions possible
• Negative Sentiment: Regulatory/political pressure: Multiple hearings and public rallies show strong customer opposition to a proposed rate hike (reports cite possible increases as high as ~18% and emotional testimony about affordability), creating regulatory and reputational headwinds that can pressure near‑term shares. Duke customers speak against rate hike in hearing
• Negative Sentiment: Public protests and critical coverage amplify downside risk from the rate fight — stories highlight customer hardship and label the hike a “nightmare,” increasing political scrutiny and potential for tougher regulatory outcomes. Protestors push back against ‘fossil fuels from hell’ during Duke Energy rate hike hearing
• Negative Sentiment: Market reaction: Recent coverage notes the stock has dipped more than the broader market amid these developments, suggesting investor sensitivity to the regulatory/rate narratives. Duke Energy (DUK) Dips More Than Broader Market: What You Should Know

Insider Transactions at Duke Energy

In related news, CEO Louis E. Renjel sold 6,800 shares of the company’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 in the company, valued at approximately $2,809,633.69. This represents a 23.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Regis T. Repko sold 962 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $127.86, for a total transaction of $123,001.32. Following the transaction, the senior vice president owned 3,896 shares in the company, valued at approximately $498,142.56. The trade was a 19.80% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on DUK. Wells Fargo & Company boosted their price target on shares of Duke Energy from $135.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Monday, April 20th. UBS Group boosted their price target on shares of Duke Energy from $136.00 to $140.00 in a research report on Monday, March 9th. Barclays boosted their price target on shares of Duke Energy from $127.00 to $143.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 7th. Mizuho set a $130.00 price target on shares of Duke Energy in a research report on Tuesday, February 10th. Finally, Truist Financial began coverage on shares of Duke Energy in a report on Monday, April 20th. They issued a “buy” rating and a $142.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Duke Energy currently has an average rating of “Moderate Buy” and an average price target of $140.25.

Duke Energy Stock Down 0.6%

Shares of DUK opened at $128.78 on Friday. Duke Energy Corporation has a 52 week low of $111.22 and a 52 week high of $134.49. The firm has a market cap of $100.20 billion, a P/E ratio of 20.38 and a beta of 0.41. The firm’s 50-day simple moving average is $129.82 and its 200 day simple moving average is $124.30. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.33 and a current ratio of 0.55.

Duke Energy (NYSE:DUK) last announced its quarterly earnings results on Monday, February 9th. The utilities provider reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. Duke Energy had a net margin of 15.41% and a return on equity of 9.66%. The business had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.57 billion. During the same quarter in the prior year, the business earned $1.66 EPS. On average, analysts forecast that Duke Energy Corporation will post 6.7 earnings per share for the current year.

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.