Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its holdings in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 0.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,461,316 shares of the utilities provider’s stock after selling 5,848 shares during the quarter. Duke Energy accounts for 0.9% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings, making the stock its 17th largest position. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.19% of Duke Energy worth $171,281,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in the business. WASHINGTON TRUST Co increased its holdings in shares of Duke Energy by 11.3% during the fourth quarter. WASHINGTON TRUST Co now owns 6,867 shares of the utilities provider’s stock worth $805,000 after purchasing an additional 698 shares during the period. Impact Partnership Wealth LLC bought a new position in shares of Duke Energy during the fourth quarter worth approximately $622,000. Madison Wealth Partners Inc bought a new position in shares of Duke Energy during the fourth quarter worth approximately $217,000. Eurizon Capital SGR S.p.A. bought a new position in shares of Duke Energy during the fourth quarter worth approximately $19,920,000. Finally, Fideuram Asset Management Ireland dac bought a new position in shares of Duke Energy during the fourth quarter worth approximately $1,265,000. 65.31% of the stock is owned by institutional investors.
Insider Buying and Selling
In other Duke Energy news, CEO Harry K. Sideris sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $124.37, for a total value of $2,487,400.00. Following the sale, the chief executive officer owned 96,102 shares in the company, valued at $11,952,205.74. This trade represents a 17.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at 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 sale, the chief executive officer owned 21,415 shares in the company, valued at $2,680,087.25. This represents a 14.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.12% of the company’s stock.
Duke Energy Stock Performance
Duke Energy (NYSE:DUK – Get Free Report) last posted its quarterly earnings results 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. 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 for the quarter, compared to analyst estimates of $8.44 billion. During the same quarter last year, the business posted $1.76 EPS. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. As a group, research analysts expect that Duke Energy Corporation will post 6.71 earnings per share for the current fiscal year.
Duke Energy Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Friday, May 15th will be given a $1.065 dividend. The ex-dividend date is Friday, May 15th. This represents a $4.26 dividend on an annualized basis and a yield of 3.5%. Duke Energy’s dividend payout ratio (DPR) is currently 65.24%.
Analyst Ratings Changes
Several research analysts have recently commented on DUK shares. Capitol Sec Mgt cut shares of Duke Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. UBS Group reduced their price target on shares of Duke Energy from $137.00 to $135.00 in a research report on Monday, May 11th. JPMorgan Chase & Co. reduced their price target on shares of Duke Energy from $139.00 to $136.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Barclays increased their price target on shares of Duke Energy from $127.00 to $143.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 7th. 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 equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $139.07.
Read Our Latest Analysis on DUK
Trending Headlines about Duke Energy
Here are the key news stories impacting Duke Energy this week:
- 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
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.
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