Fideuram Asset Management Ireland dac bought a new stake in Duke Energy Corporation (NYSE:DUK – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 10,829 shares of the utilities provider’s stock, valued at approximately $1,265,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Applied Finance Capital Management LLC bought a new position in shares of Duke Energy in the third quarter worth approximately $1,046,000. Oppenheimer & Co. Inc. grew its holdings in shares of Duke Energy by 9.2% in the third quarter. Oppenheimer & Co. Inc. now owns 150,426 shares of the utilities provider’s stock worth $18,615,000 after purchasing an additional 12,677 shares during the last quarter. Reaves W H & Co. Inc. grew its holdings in shares of Duke Energy by 1,118.3% in the third quarter. Reaves W H & Co. Inc. now owns 99,459 shares of the utilities provider’s stock worth $12,308,000 after purchasing an additional 91,295 shares during the last quarter. AE Wealth Management LLC grew its holdings in shares of Duke Energy by 51.9% in the third quarter. AE Wealth Management LLC now owns 49,068 shares of the utilities provider’s stock worth $6,072,000 after purchasing an additional 16,772 shares during the last quarter. Finally, Keybank National Association OH grew its holdings in shares of Duke Energy by 13.4% in the third quarter. Keybank National Association OH now owns 371,248 shares of the utilities provider’s stock worth $45,942,000 after purchasing an additional 43,925 shares during the last quarter. 65.31% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Duke Energy
In other news, CEO Harry K. Sideris sold 20,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $124.37, for a total transaction of $2,487,400.00. Following the sale, the chief executive officer owned 96,102 shares in the company, valued at approximately $11,952,205.74. The trade was a 17.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Louis E. Renjel sold 3,500 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $125.15, for a total transaction of $438,025.00. Following the completion of the sale, the chief executive officer directly owned 21,415 shares in the company, valued at $2,680,087.25. This represents a 14.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.12% of the company’s stock.
More Duke Energy News
- Positive Sentiment: Duke Energy Florida announced a third rate reduction this year, cutting residential bills by roughly 25% for summer months, which could improve customer goodwill and political/regulatory relations. Duke Energy Florida implements third rate reduction to lower residential customer bills by approximately 25% in 2026
- Positive Sentiment: Duke Energy Foundation awarded $500,000 in North Carolina grants to strengthen hurricane preparedness, underscoring resilience planning ahead of storm season. Ahead of hurricane season, Duke Energy Foundation awards $500,000 to strengthen storm preparedness across North Carolina
- Neutral Sentiment: Investor interest has been rising in Duke Energy as Zacks highlighted the stock and clean-energy/wind-sector themes that keep DUK in focus. Top Wind Energy Stocks to Watch Amid Increased Adoption of Clean Energy
- Neutral Sentiment: Work continues on the $250 million redevelopment of Duke Energy’s former headquarters in uptown Charlotte, a long-term real estate milestone that is not expected to materially change near-term fundamentals. In uptown Charlotte, $250M revamp of old Duke Energy headquarters hits a milestone
- Negative Sentiment: The Florida rate cuts could weigh on revenue growth expectations in Duke Energy’s regulated utility business, even as they support customer affordability. Duke Energy Florida implements third rate reduction to lower residential customer bills by approximately 25% in 2026
Analysts Set New Price Targets
Several research analysts have recently issued reports on DUK shares. BMO Capital Markets cut their target price on shares of Duke Energy from $139.00 to $138.00 in a report on Wednesday, May 6th. JPMorgan Chase & Co. cut their target price on shares of Duke Energy from $139.00 to $136.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. Jefferies Financial Group cut their target price on shares of Duke Energy from $143.00 to $138.00 in a report on Monday, May 11th. Wall Street Zen upgraded shares of Duke Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 28th. Finally, Mizuho raised their target price on shares of Duke Energy from $130.00 to $139.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $139.07.
Read Our Latest Analysis on Duke Energy
Duke Energy Stock Performance
NYSE:DUK opened at $122.62 on Friday. The stock has a market cap of $95.59 billion, a P/E ratio of 18.78 and a beta of 0.41. The firm’s fifty day simple moving average is $127.44 and its 200 day simple moving average is $124.04. Duke Energy Corporation has a twelve month low of $113.39 and a twelve month high of $134.49. The company has a quick ratio of 0.44, a current ratio of 0.66 and a debt-to-equity ratio of 1.45.
Duke Energy (NYSE:DUK – Get Free Report) last posted its earnings results on Monday, May 4th. The utilities provider reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.87 by $0.06. Duke Energy had a return on equity of 9.73% and a net margin of 15.49%.The firm had revenue of $9.18 billion for the quarter, compared to the consensus estimate of $8.44 billion. During the same quarter in the prior year, the business earned $1.76 EPS. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. As a group, research analysts predict that Duke Energy Corporation will post 6.71 EPS for the current year.
Duke Energy Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Friday, May 15th will be given a dividend of $1.065 per share. The ex-dividend date is Friday, May 15th. This represents a $4.26 annualized dividend and a dividend yield of 3.5%. Duke Energy’s payout ratio is currently 65.24%.
Duke Energy Company 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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