First Horizon Corp Boosts Position in Duke Energy Corporation $DUK

Posted by Tyrone Williams on Jul 10th, 2026

First Horizon Corp increased its holdings in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 49.4% in the 1st quarter, HoldingsChannel reports. The firm owned 93,643 shares of the utilities provider’s stock after acquiring an additional 30,964 shares during the quarter. First Horizon Corp’s holdings in Duke Energy were worth $12,262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DUK. Vanguard Group Inc. raised its holdings in Duke Energy by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 78,258,757 shares of the utilities provider’s stock worth $9,172,709,000 after purchasing an additional 1,957,592 shares during the period. Geode Capital Management LLC raised its position in Duke Energy by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 19,292,633 shares of the utilities provider’s stock worth $2,266,675,000 after acquiring an additional 230,375 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Duke Energy by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,931,127 shares of the utilities provider’s stock valued at $1,046,818,000 after purchasing an additional 58,375 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Duke Energy by 13.1% during the fourth quarter. Franklin Resources Inc. now owns 8,236,893 shares of the utilities provider’s stock valued at $965,446,000 after purchasing an additional 954,907 shares in the last quarter. Finally, Northern Trust Corp grew its position in shares of Duke Energy by 0.4% in the third quarter. Northern Trust Corp now owns 7,758,700 shares of the utilities provider’s stock valued at $960,139,000 after purchasing an additional 31,703 shares during the period. 65.31% of the stock is currently owned by institutional investors and hedge funds.

Duke Energy Price Performance

NYSE:DUK opened at $125.27 on Friday. Duke Energy Corporation has a one year low of $113.89 and a one year high of $134.49. The stock has a market cap of $97.66 billion, a PE ratio of 19.18 and a beta of 0.38. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.66. The stock has a 50 day moving average price of $124.97 and a 200 day moving average price of $125.12.

Duke Energy (NYSE:DUK – Get Free Report) last released its quarterly earnings data on Monday, May 4th. The utilities provider reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.06. The firm had revenue of $9.18 billion during the quarter, compared to analysts’ expectations of $8.44 billion. Duke Energy had a net margin of 15.49% and a return on equity of 9.73%. Duke Energy’s revenue was up 11.3% compared to the same quarter last year. During the same period last year, the business earned $1.76 earnings per share. Equities research analysts expect that Duke Energy Corporation will post 6.71 EPS for the current fiscal year.

Duke Energy Announces Dividend

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

Insider Buying and Selling at Duke Energy

In related news, CEO Harry K. Sideris sold 20,000 shares of the firm’s 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 directly owned 96,102 shares in the company, valued at $11,952,205.74. This trade represents a 17.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Louis E. Renjel sold 3,500 shares of the firm’s stock in a transaction that occurred on 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 directly owned 21,415 shares of the company’s stock, valued at approximately $2,680,087.25. The trade was a 14.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on DUK shares. Wells Fargo & Company lifted their price objective on Duke Energy from $135.00 to $136.00 and gave the stock an “equal weight” rating in a report on Monday, April 20th. Morgan Stanley raised their target price on Duke Energy from $132.00 to $136.00 in a research report on Wednesday, June 24th. Truist Financial lowered their price target on Duke Energy from $142.00 to $137.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Capitol Sec Mgt downgraded Duke Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Finally, Wall Street Zen upgraded Duke Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 28th. Nine research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $138.33.

View Our Latest Research Report on DUK

More Duke Energy News

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

Positive Sentiment: Duke Energy is still being highlighted as a defensive stock pick as investors rotate away from tech and into safer sectors, which can support demand for the shares. 4 Defensive Stocks to Take Refuge in as Tech Sell-off Continues
Positive Sentiment: The company is offering bill assistance and free home inspections for customers, which may help strengthen goodwill with regulators and communities. Indiana customers to receive $350,000 in bill assistance from Duke Energy this summer
Positive Sentiment: AI-driven data center demand is boosting long-term electricity demand for utilities, which could benefit Duke Energy if it can supply that growth and secure needed equipment. US power companies scramble to secure equipment as surging data center demand strains supplies
Neutral Sentiment: Investor attention on Duke Energy has increased, but the coverage mostly reflects market interest rather than a clear new catalyst. Investors Heavily Search Duke Energy Corporation (DUK): Here is What You Need to Know
Neutral Sentiment: Duke Energy is facing scrutiny over its Florida data-center plan, adding uncertainty around how quickly it can capitalize on AI-related growth. Duke Energy faces first major test of Florida’s new AI data center law
Negative Sentiment: Regulators in North Carolina and Florida are pushing back on Duke Energy’s rate and data-center plans, raising the risk of slower approvals or less favorable economics. Duke reduces rate hike request, still faces regulator pushback
Negative Sentiment: Goldman Sachs removed Duke Energy from its U.S. Conviction List, which may weigh on near-term sentiment. Goldman Sachs Removes Duke Energy (DUK) from its US Conviction List

Duke Energy Company Profile

(Free Report)

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.