Edgar Lomax Co. VA Decreases Stake in Duke Energy Corporation $DUK

Edgar Lomax Co. VA cut its holdings in shares of Duke Energy Corporation (NYSE:DUK) by 22.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 283,546 shares of the utilities provider’s stock after selling 83,370 shares during the period. Duke Energy comprises about 2.7% of Edgar Lomax Co. VA’s investment portfolio, making the stock its 14th biggest holding. Edgar Lomax Co. VA’s holdings in Duke Energy were worth $35,089,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC lifted its stake in Duke Energy by 37.7% during the third quarter. Farther Finance Advisors LLC now owns 41,642 shares of the utilities provider’s stock worth $5,153,000 after purchasing an additional 11,409 shares during the last quarter. Applied Finance Capital Management LLC bought a new stake in Duke Energy during the third quarter valued at $1,046,000. Lockheed Martin Investment Management Co. lifted its position in shares of Duke Energy by 11.3% in the 3rd quarter. Lockheed Martin Investment Management Co. now owns 274,630 shares of the utilities provider’s stock worth $33,985,000 after buying an additional 27,820 shares during the last quarter. Alley Investment Management Company LLC lifted its position in shares of Duke Energy by 13.0% in the 3rd quarter. Alley Investment Management Company LLC now owns 88,018 shares of the utilities provider’s stock worth $10,892,000 after buying an additional 10,108 shares during the last quarter. Finally, Greystone Financial Group LLC boosted its holdings in shares of Duke Energy by 12.7% in the 3rd quarter. Greystone Financial Group LLC now owns 93,766 shares of the utilities provider’s stock valued at $11,604,000 after buying an additional 10,580 shares during the period. Institutional investors and hedge funds own 65.31% of the company’s stock.

Insider Buying and Selling

In related news, CEO Louis E. Renjel sold 6,800 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $127.67, for a total transaction of $868,156.00. Following the sale, the chief executive officer owned 22,007 shares of the company’s stock, valued at $2,809,633.69. The trade was a 23.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Regis T. Repko sold 962 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $127.86, for a total value of $123,001.32. Following the transaction, the senior vice president directly owned 3,896 shares of the company’s stock, valued at approximately $498,142.56. The trade was a 19.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.14% of the stock is owned by company insiders.

Duke Energy Stock Down 0.2%

Shares of Duke Energy stock opened at $131.68 on Friday. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.55 and a quick ratio of 0.33. Duke Energy Corporation has a 1-year low of $111.22 and a 1-year high of $132.65. The business’s fifty day moving average price is $122.27 and its two-hundred day moving average price is $122.31. The company has a market capitalization of $102.40 billion, a P/E ratio of 20.84, a PEG ratio of 2.86 and a beta of 0.50.

Duke Energy (NYSE:DUK) last issued 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. The company had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.57 billion. Duke Energy had a return on equity of 9.66% and a net margin of 15.41%.During the same period last year, the company earned $1.66 earnings per share. As a group, research analysts forecast that Duke Energy Corporation will post 6.33 EPS for the current year.

Duke Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 13th will be issued 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 (DPR) is 67.41%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on DUK shares. 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 report on Thursday, January 15th. JPMorgan Chase & Co. cut their price target on Duke Energy from $136.00 to $126.00 and set a “neutral” rating on the stock in a report on Thursday, December 11th. Weiss Ratings restated a “buy (b)” rating on shares of Duke Energy in a research note on Monday, December 29th. Jefferies Financial Group raised their target price on Duke Energy from $125.00 to $141.00 and gave the company a “hold” rating in a research note on Tuesday, February 17th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $136.00 price target on shares of Duke Energy in a report on Wednesday, February 11th. Nine analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $136.87.

Key Stories Impacting Duke Energy

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

• Positive Sentiment: Evercore reaffirmed an “in-line” rating and set a $139 price target (about mid-single-digit upside vs. current levels), supporting the view that analysts see limited but tangible upside from here. Finviz: Evercore reaffirmation
• Positive Sentiment: Wells Fargo raised its price target to $135 and kept an “equal weight” stance, another analyst move that narrows the gap between consensus targets and the stock’s current level. Benzinga: Wells Fargo price target raise
• Positive Sentiment: DUK hit a new 52‑week high after an analyst upgrade, reflecting momentum from recent upgrades and the stock’s strong YTD performance. AmericanBankingNews: 52-Week High After Upgrade
• Positive Sentiment: Market commentary highlights Duke as a beneficiary of sector rotation into defensive, dividend‑paying utilities; analysts and investors cite stable cash flows, dividend yield and exposure to gas/nuclear as reasons for continued interest. MarketBeat: 3 Blue-Chip Stocks Built for a Rotating Market
• Positive Sentiment: Operational reliability is improving: Duke reports multi‑decade lows in average outage duration after grid upgrades, and Duke Energy Florida highlighted record‑low outage times—both points that support regulatory credibility and lower storm‑related costs. Yahoo: Lowest power outage times after grid upgrades Yahoo Finance: Duke Energy Florida record-low outage time
• Neutral Sentiment: Zacks and other trending stock notes point to increased investor attention on DUK (search/traffic can amplify moves short‑term) but offer no new fundamental catalyst beyond existing analyst and operational news. Zacks: Trending Stock Note
• Neutral Sentiment: Smaller operational items—helicopter tree trimming in the Wabash Valley and AI tools to detect customer scams—underscore ongoing distribution maintenance and cost‑control/anti‑fraud initiatives, which are supportive long term but unlikely to move the stock materially on their own. WTHI: Tree trimming by helicopter Daily Energy Insider: AI to detect scams

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.