Resona Asset Management Co. Ltd. Purchases 5,060 Shares of Duke Energy Corporation $DUK

Resona Asset Management Co. Ltd. raised its position in shares of Duke Energy Corporation (NYSE:DUK) by 1.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 317,710 shares of the utilities provider’s stock after purchasing an additional 5,060 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Duke Energy were worth $41,635,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Brighton Jones LLC raised its holdings 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 in the last quarter. Empowered Funds LLC boosted its stake in Duke Energy by 19.6% in the first quarter. Empowered Funds LLC now owns 23,162 shares of the utilities provider’s stock valued at $2,825,000 after buying an additional 3,797 shares in the last quarter. Schnieders Capital Management LLC. boosted its stake in Duke Energy by 1.0% in the second quarter. Schnieders Capital Management LLC. now owns 31,238 shares of the utilities provider’s stock valued at $3,686,000 after buying an additional 315 shares in the last quarter. AXA S.A. grew its position in Duke Energy by 523.4% in the second quarter. AXA S.A. now owns 42,233 shares of the utilities provider’s stock valued at $4,983,000 after acquiring an additional 35,458 shares during the last quarter. Finally, Nebula Research & Development LLC bought a new position in Duke Energy in the second quarter valued at about $954,000. Institutional investors and hedge funds own 65.31% of the company’s stock.

Insiders Place Their Bets

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

Duke Energy Stock Performance

NYSE:DUK opened at $126.71 on Thursday. The stock’s 50-day moving average is $125.03 and its 200-day moving average is $125.05. Duke Energy Corporation has a 1-year low of $113.89 and a 1-year high of $134.49. The company has a current ratio of 0.66, a quick ratio of 0.44 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 quarterly earnings data on Monday, May 4th. The utilities provider reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $0.06. Duke Energy had a net margin of 15.49% and a return on equity of 9.73%. The business had revenue of $9.18 billion during the quarter, compared to analyst estimates of $8.44 billion. During the same quarter last year, the business earned $1.76 EPS. The firm’s quarterly revenue was up 11.3% on a year-over-year basis. Equities research analysts anticipate that Duke Energy Corporation will post 6.71 earnings per share for the current year.

Duke Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Friday, May 15th were paid 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 dividend yield of 3.4%. Duke Energy’s dividend payout ratio (DPR) is presently 65.24%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DUK shares. Jefferies Financial Group dropped their target price on shares of Duke Energy from $143.00 to $138.00 in a report on Monday, May 11th. Wells Fargo & Company lifted their price target on shares of Duke Energy from $135.00 to $136.00 and gave the company an “equal weight” rating in a report on Monday, April 20th. Mizuho dropped their price objective on shares of Duke Energy from $139.00 to $135.00 and set an “outperform” rating for the company in a research note on Thursday, June 18th. Morgan Stanley raised their target price on shares of Duke Energy from $132.00 to $136.00 in a research report on Wednesday, June 24th. Finally, BMO Capital Markets decreased their target price on shares of Duke Energy from $139.00 to $138.00 in a research note on Wednesday, May 6th. Nine analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Duke Energy currently has an average rating of “Moderate Buy” and a consensus target price of $138.33.

Trending Headlines about Duke Energy

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

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.