World Investment Advisors grew its stake in Duke Energy Corporation (NYSE:DUK – Free Report) by 62.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 42,680 shares of the utilities provider’s stock after acquiring an additional 16,450 shares during the period. World Investment Advisors’ holdings in Duke Energy were worth $5,002,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Duke Energy by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 78,258,757 shares of the utilities provider’s stock worth $9,172,709,000 after purchasing an additional 1,957,592 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Duke Energy by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 19,292,633 shares of the utilities provider’s stock worth $2,266,675,000 after acquiring an additional 230,375 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Duke Energy by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,931,127 shares of the utilities provider’s stock worth $1,046,818,000 after acquiring an additional 58,375 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Duke Energy by 13.1% during the 4th quarter. Franklin Resources Inc. now owns 8,236,893 shares of the utilities provider’s stock worth $965,446,000 after acquiring an additional 954,907 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of Duke Energy by 0.4% during the 3rd quarter. Northern Trust Corp now owns 7,758,700 shares of the utilities provider’s stock worth $960,139,000 after acquiring an additional 31,703 shares in the last quarter. 65.31% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other Duke Energy news, CEO Louis E. Renjel sold 3,500 shares of Duke Energy stock in a transaction 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 transaction, the chief executive officer directly owned 21,415 shares of the company’s stock, valued at $2,680,087.25. The trade was a 14.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Harry K. Sideris sold 20,000 shares of Duke Energy stock in a transaction on Friday, May 8th. The stock was sold at an average price of $124.37, for a total value of $2,487,400.00. Following the sale, the chief executive officer directly owned 96,102 shares of the company’s stock, valued at $11,952,205.74. This represents a 17.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.12% of the company’s stock.
Duke Energy Trading Up 0.8%
Duke Energy (NYSE:DUK – Get Free Report) last released its quarterly earnings data on Monday, May 4th. The utilities provider reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $0.06. Duke Energy had a net margin of 15.49% and a return on equity of 9.73%. The firm had revenue of $9.18 billion during the quarter, compared to analysts’ expectations of $8.44 billion. During the same period in the previous year, the business posted $1.76 earnings per share. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. Equities analysts anticipate that Duke Energy Corporation will post 6.71 EPS for the current year.
Duke Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Friday, May 15th will be given a dividend of $1.065 per share. This represents a $4.26 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Friday, May 15th. Duke Energy’s payout ratio is 65.24%.
Analysts Set New Price Targets
DUK has been the subject of several research reports. Jefferies Financial Group decreased their price target on shares of Duke Energy from $143.00 to $138.00 in a research note on Monday, May 11th. Capitol Sec Mgt cut shares of Duke Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Wells Fargo & Company raised their price target on shares of Duke Energy from $135.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Monday, April 20th. Mizuho raised their price target on shares of Duke Energy from $130.00 to $139.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Finally, Barclays raised their price target on shares of Duke Energy from $127.00 to $143.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 7th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Duke Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $138.93.
Check Out Our Latest Research Report on Duke Energy
Key Duke Energy News
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Duke Energy is discussing tech partnerships with hyperscalers to help share the financial risk of new nuclear projects, which could make its long-term growth plans less capital-intensive and more investable. Duke Energy exploring tech partnerships to offset nuclear expansion risks
- Positive Sentiment: Analysts continue to point to Duke Energy’s $103 billion capital plan for 2026-2030 as support for earnings growth, with the company targeting 2026 EPS of $6.71 while modernizing its grid and cleaner-power mix. Here’s Why You Should Add Duke Energy Stock to Your Portfolio Now
- Positive Sentiment: Duke Energy was named as the utility delivering power for USA Rare Earth’s planned $1.2 billion South Carolina magnet plant, which reinforces demand growth from industrial expansion in the region. USA Rare Earth Announces $1.2 Billion South Carolina Magnet Plant to Expand U.S. Critical Minerals Supply Chain
- Neutral Sentiment: Coverage on Duke Energy’s valuation and recent share-price weakness highlighted that the stock has lagged recently, but longer-term returns remain positive and analysts are still moderately constructive. Assessing Duke Energy (DUK) Valuation After Recent Share Price Weakness
- Neutral Sentiment: Duke Energy Foundation grant activity, including a $30,000 emergency-preparedness award in Florida, is supportive of community relations but unlikely to materially affect near-term earnings. New Gulfport Senior Foundation Partnership with Duke Energy Brings $30,000 Investment in Emergency Preparedness for Gulfport Seniors
- Negative Sentiment: North Carolina officials are actively opposing Duke Energy’s proposed rate hike, saying it would burden families and that the company “overshot the mark,” which increases the risk of regulatory pushback. AG Jackson files testimony against Duke Energy rate hike he says would cost NC families $1.4B
- Negative Sentiment: Reports that Duke Energy implemented a third rate reduction in 2026 suggest near-term pricing pressure and may weigh on revenue recovery expectations. Duke Energy implements 3rd rate reduction in 2026
- Negative Sentiment: Duke Energy’s request for an $8 monthly electric rate increase in Ohio and a separate proposal for a significant 2027 hike could draw more regulatory scrutiny and create uncertainty around customer affordability. Duke Energy requests $8 monthly electric rate increase in Ohio Duke Energy proposes significant electric rate hike for 2027
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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