Glenmede Trust Co. NA Sells 7,880 Shares of Duke Energy Corporation $DUK

Posted by Geri Gentry on Aug 4th, 2026

Glenmede Trust Co. NA lessened its holdings in Duke Energy Corporation (NYSE:DUK – Free Report) by 9.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,132 shares of the utilities provider’s stock after selling 7,880 shares during the quarter. Glenmede Trust Co. NA’s holdings in Duke Energy were worth $9,576,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Basso Capital Management L.P. acquired a new position in Duke Energy in the fourth quarter worth about $25,000. Evolution Wealth Management Inc. boosted its holdings in Duke Energy by 1,111.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 200 shares in the last quarter. Triumph Capital Management boosted its holdings in Duke Energy by 68.6% during the fourth quarter. Triumph Capital Management now owns 231 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 94 shares in the last quarter. Cornerstone Financial Management LLC acquired a new position in shares of Duke Energy in the 4th quarter worth approximately $28,000. Finally, Evergreen Advisors LLC bought a new position in shares of Duke Energy during the 1st quarter worth approximately $36,000. Institutional investors and hedge funds own 65.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on DUK shares. Truist Financial upped their price target on Duke Energy from $137.00 to $138.00 and gave the company a “buy” rating in a research report on Friday, July 17th. KeyCorp raised Duke Energy from a “sector weight” rating to an “overweight” rating and set a $139.00 price objective for the company in a report on Thursday, July 23rd. Wells Fargo & Company upped their target price on shares of Duke Energy from $135.00 to $136.00 and gave the stock an “equal weight” rating in a report on Monday, April 20th. Mizuho dropped their target price on shares of Duke Energy from $139.00 to $135.00 and set an “outperform” rating for the company in a research report on Thursday, June 18th. Finally, Jefferies Financial Group cut their price target on shares of Duke Energy from $143.00 to $138.00 in a report on Monday, May 11th. Ten investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $138.62.

Check Out Our Latest Report on Duke Energy

Insider Transactions at Duke Energy

In other news, CEO Harry K. Sideris sold 20,000 shares of the company’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 transaction of $2,487,400.00. Following the transaction, the chief executive officer directly owned 96,102 shares in the company, valued at approximately $11,952,205.74. This represents a 17.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Louis E. Renjel sold 3,500 shares of the 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 sale, the chief executive officer directly owned 21,415 shares in the company, valued at $2,680,087.25. This trade 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.

Duke Energy Price Performance

Duke Energy stock opened at $124.24 on Tuesday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.66. The firm has a market cap of $96.86 billion, a P/E ratio of 19.03, a P/E/G ratio of 2.76 and a beta of 0.38. The business’s fifty day moving average is $125.61 and its two-hundred day moving average is $126.28. Duke Energy Corporation has a 52 week low of $113.89 and a 52 week high of $134.49.

Duke Energy (NYSE:DUK – Get Free Report) last announced its earnings results on Monday, May 4th. The utilities provider reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.06. The company 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%.The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period last year, the company posted $1.76 earnings per share. Equities research analysts forecast that Duke Energy Corporation will post 6.72 earnings per share for the current fiscal year.

Duke Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be given a $1.085 dividend. This represents a $4.34 annualized dividend and a yield of 3.5%. The ex-dividend date is Friday, August 14th. This is a boost from Duke Energy’s previous quarterly dividend of $1.06. Duke Energy’s dividend payout ratio is 65.24%.

Duke Energy Company 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.