Duke Energy Corporation $DUK Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lowered its position in Duke Energy Corporation (NYSE:DUK) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 411,229 shares of the utilities provider’s stock after selling 5,104 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Duke Energy were worth $48,295,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. KERR FINANCIAL PLANNING Corp acquired a new position in Duke Energy in the third quarter valued at $27,000. Wiser Advisor Group LLC acquired a new stake in shares of Duke Energy during the third quarter worth about $34,000. Bare Financial Services Inc boosted its stake in shares of Duke Energy by 211.1% during the third quarter. Bare Financial Services Inc now owns 280 shares of the utilities provider’s stock worth $35,000 after buying an additional 190 shares during the period. Olistico Wealth LLC purchased a new position in shares of Duke Energy during the fourth quarter worth about $38,000. Finally, Meeder Asset Management Inc. acquired a new position in Duke Energy in the 3rd quarter valued at about $39,000. 65.31% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Louis E. Renjel sold 6,800 shares of the 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 completion of the transaction, the chief executive officer owned 22,007 shares in the company, valued at $2,809,633.69. This trade represents a 23.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Regis T. Repko sold 962 shares of Duke Energy stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $127.86, for a total transaction of $123,001.32. Following the sale, the senior vice president 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 disclosure for this sale is available in the SEC filing. 0.14% of the stock is currently owned by company insiders.

Duke Energy Price Performance

Shares of DUK opened at $130.92 on Thursday. The company has a current ratio of 0.55, a quick ratio of 0.33 and a debt-to-equity ratio of 1.54. The stock’s 50 day moving average is $127.06 and its two-hundred day moving average is $123.38. Duke Energy Corporation has a twelve month low of $111.22 and a twelve month high of $134.49. The firm has a market capitalization of $101.87 billion, a PE ratio of 20.72 and a beta of 0.46.

Duke Energy (NYSE:DUK) last issued its earnings results on Monday, February 9th. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. The business had revenue of $7.94 billion during the quarter, compared to the consensus estimate 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 in the prior year, the business posted $1.66 EPS. Research analysts anticipate that Duke Energy Corporation will post 6.33 earnings per share for the current year.

Duke Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 13th were given a $1.065 dividend. The ex-dividend date was Friday, February 13th. This represents a $4.26 annualized dividend and a yield of 3.3%. Duke Energy’s dividend payout ratio is presently 67.41%.

Duke Energy News Summary

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

• Positive Sentiment: Duke completed the sale of its Tennessee Piedmont Natural Gas business to Spire for $2.48 billion; management says proceeds will help fund its large regulated capital plan, improving liquidity and funding for growth. Duke Energy completes sale of its Tennessee Piedmont Natural Gas business to Spire
• Positive Sentiment: Analysts and media highlight Duke’s improving clean‑energy profile — strengthened by nuclear performance and aggressive renewable expansion — which has contributed to an ~11.7% three‑month gain and supports long‑term regulated growth expectations. Duke Energy Stock Rises 11.7% in 3 Months: Should You Buy Now?
• Neutral Sentiment: DUK has shown relative strength versus the market in recent sessions (advanced while the broader market fell), signaling defensive demand from income and low‑beta investors. Duke Energy (DUK) Advances While Market Declines
• Neutral Sentiment: Minor operational incident: a localized power outage in Jeffersonville impacted hundreds of customers but service was restored; not material to companywide operations. Power restored in Jeffersonville after outage impacts hundreds of Duke Energy customers
• Negative Sentiment: Duke’s proposed rate hike (reported as an ~18% increase in some filings) has sparked strong public pushback and contested public hearings across the Carolinas; regulatory resistance could delay or reduce allowed returns and cash flow. Duke Energy rate hike proposal sparks debate across the Carolinas
• Negative Sentiment: Customer affordability issues are rising: disconnections among Duke Energy Carolinas customers doubled in February, fueling political pressure and making regulators more sensitive to large rate increases. Disconnections among Duke Energy Carolinas customers doubled in February

Wall Street Analyst Weigh In

Several research firms have commented on DUK. Jefferies Financial Group upped their price objective on Duke Energy from $125.00 to $141.00 and gave the company a “hold” rating in a research note on Tuesday, February 17th. Mizuho set a $130.00 target price on Duke Energy in a report on Tuesday, February 10th. Barclays cut their price target on Duke Energy from $135.00 to $127.00 and set an “overweight” rating for the company in a research note on Thursday, January 15th. Scotiabank increased their price target on Duke Energy from $137.00 to $146.00 and gave the stock a “sector outperform” rating in a report on Tuesday, December 16th. Finally, Wall Street Zen upgraded shares of Duke Energy from a “sell” rating to a “hold” rating in a research report on Saturday, March 28th. Nine research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $137.80.

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.