Meyer Handelman Co. Sells 7,510 Shares of Duke Energy Corporation $DUK

Posted by Stanley Muller on Jun 26th, 2026

Meyer Handelman Co. trimmed its holdings in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 11.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 55,830 shares of the utilities provider’s stock after selling 7,510 shares during the period. Meyer Handelman Co.’s holdings in Duke Energy were worth $7,310,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mill Creek Capital Advisors LLC boosted its holdings in Duke Energy by 4.6% in the third quarter. Mill Creek Capital Advisors LLC now owns 1,854 shares of the utilities provider’s stock worth $229,000 after acquiring an additional 82 shares in the last quarter. A4 Wealth Advisors LLC grew its stake in shares of Duke Energy by 3.3% in the fourth quarter. A4 Wealth Advisors LLC now owns 2,597 shares of the utilities provider’s stock worth $304,000 after acquiring an additional 82 shares during the last quarter. CYBER HORNET ETFs LLC increased its holdings in shares of Duke Energy by 4.1% during the third quarter. CYBER HORNET ETFs LLC now owns 2,113 shares of the utilities provider’s stock valued at $261,000 after acquiring an additional 83 shares in the last quarter. Elm Partners Management LLC raised its position in shares of Duke Energy by 0.9% in the 4th quarter. Elm Partners Management LLC now owns 9,254 shares of the utilities provider’s stock worth $1,085,000 after purchasing an additional 83 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID raised its position in shares of Duke Energy by 35.0% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 324 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 84 shares during the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Duke Energy Trading Up 0.4%

Duke Energy stock opened at $127.10 on Friday. Duke Energy Corporation has a one year low of $113.89 and a one year high of $134.49. The business’s fifty day moving average is $124.97 and its 200 day moving average is $124.29. The stock has a market capitalization of $99.09 billion, a PE ratio of 19.46 and a beta of 0.39. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.66 and a quick ratio of 0.44.

Duke Energy (NYSE:DUK – Get Free Report) last issued 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. The business had revenue of $9.18 billion during the quarter, compared to analyst estimates of $8.44 billion. Duke Energy had a return on equity of 9.73% and a net margin of 15.49%.Duke Energy’s revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.76 EPS. On average, sell-side analysts predict that Duke Energy Corporation will post 6.71 EPS for the current year.

Duke Energy Announces Dividend

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

Insider Buying and Selling

In other Duke Energy news, CEO Louis E. Renjel sold 3,500 shares of Duke Energy stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $125.15, for a total value of $438,025.00. Following the completion of the sale, the chief executive officer 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. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 of the company’s stock, valued at approximately $11,952,205.74. This represents a 17.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. BTIG Research reissued a “buy” rating and set a $139.00 price objective on shares of Duke Energy in a research report on Tuesday, June 2nd. Capitol Sec Mgt cut shares of Duke Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Evercore upped their target price on shares of Duke Energy from $139.00 to $140.00 in a research note on Monday, May 11th. Barclays cut their price target on shares of Duke Energy from $143.00 to $134.00 and set an “overweight” rating on the stock in a report on Thursday, June 18th. Finally, UBS Group decreased their price objective on shares of Duke Energy from $137.00 to $135.00 in a report on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Duke Energy has a consensus rating of “Moderate Buy” and an average price target of $138.33.

View Our Latest Stock Report on DUK

More Duke Energy News

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

Positive Sentiment: Morgan Stanley raised its price target on Duke Energy to $136 from $132, suggesting modest upside and reinforcing investor confidence in the utility’s earnings durability. MarketScreener article
Positive Sentiment: Mizuho said Duke Energy can execute despite near-term regulatory challenges and kept an Outperform rating, which supports the stock’s defensive, dividend-focused appeal. Yahoo Finance article
Positive Sentiment: Duke Energy reportedly lowered a proposed rate increase after public pushback, a pragmatic move that may improve the odds of regulatory approval and reduce near-term friction with state regulators. WWAY article
Positive Sentiment: The company continues to attract dividend investors, with several articles highlighting Duke Energy as a top S&P 500 dividend name, which can support demand for the shares. Yahoo Finance article
Neutral Sentiment: Duke Energy Foundation grants in South Carolina and North Carolina highlight its community involvement and public-relations efforts, but these announcements are not likely to materially move the stock. PR Newswire article
Neutral Sentiment: Duke Energy’s summer energy-saving tips article is informational and does not appear to have a direct impact on earnings or valuation. Post and Courier article
Negative Sentiment: Local opposition in Clearwater and concerns in North Carolina over a transmission route underscore ongoing regulatory and community resistance, which could complicate future projects and limit upside. MSN article
Negative Sentiment: Swain County property owners raising concerns about Duke’s Needmore route adds another regulatory/permitting headache for the company. Smoky Mountain News article

Duke Energy 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.