Empowered Funds LLC Purchases 8,583 Shares of Duke Energy Corporation $DUK

Posted by Stanley Muller on Aug 1st, 2026

Empowered Funds LLC raised its position in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 20.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 51,520 shares of the utilities provider’s stock after purchasing an additional 8,583 shares during the period. Empowered Funds LLC’s holdings in Duke Energy were worth $6,746,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of DUK. Basso Capital Management L.P. purchased a new position in Duke Energy during the 4th quarter valued at about $25,000. Dorato Capital Management bought a new stake in Duke Energy during the fourth quarter worth about $26,000. Evolution Wealth Management Inc. grew its holdings in Duke Energy by 1,111.1% in the fourth quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 200 shares during the period. Triumph Capital Management increased its stake in shares of 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. Finally, Cornerstone Financial Management LLC bought a new position in shares of Duke Energy during the fourth quarter valued at approximately $28,000. Institutional investors own 65.31% of the company’s stock.

Duke Energy Price Performance

NYSE DUK opened at $125.47 on Friday. Duke Energy Corporation has a one year low of $113.89 and a one year high of $134.49. The stock has a 50-day moving average of $125.64 and a 200 day moving average of $126.17. 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 company has a market capitalization of $97.82 billion, a price-to-earnings ratio of 19.21, a PEG ratio of 2.78 and a beta of 0.38.

Duke Energy (NYSE:DUK – Get Free Report) last posted its earnings results on Monday, May 4th. The utilities provider reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.06. The business had revenue of $9.18 billion for the quarter, compared to analysts’ expectations of $8.44 billion. Duke Energy had a net margin of 15.49% and a return on equity of 9.73%. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.76 EPS. On average, sell-side analysts forecast that Duke Energy Corporation will post 6.72 EPS for the current year.

Duke Energy Increases Dividend

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

Insider Buying and Selling

In related news, CEO Harry K. Sideris sold 20,000 shares of the 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 owned 96,102 shares in the company, valued at $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 available at the SEC website. Also, CEO Louis E. Renjel sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was 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 SEC filing for this sale provides additional information. 0.12% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

DUK has been the topic of a number of analyst reports. BMO Capital Markets dropped their price target on Duke Energy from $138.00 to $134.00 and set an “outperform” rating on the stock in a research report on Monday, July 20th. 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 research report on Thursday, July 23rd. Mizuho lowered their price objective on Duke Energy from $139.00 to $135.00 and set an “outperform” rating for the company in a research note on Thursday, June 18th. Capitol Sec Mgt downgraded Duke Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Finally, Barclays cut their target price on Duke Energy from $143.00 to $134.00 and set an “overweight” rating on the stock in a research note on Thursday, June 18th. Ten equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $138.62.

View Our Latest Analysis on Duke Energy

Key Duke Energy News

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

Positive Sentiment: Analysts have assigned Duke Energy a consensus “Moderate Buy” rating, indicating generally favorable expectations for the stock. Duke Energy Corporation Given Consensus Rating of Moderate Buy
Positive Sentiment: Duke Energy’s upcoming second-quarter results are expected to benefit from grid investments, rising electricity demand and infrastructure milestones, with analysts looking for year-over-year EPS growth. Duke Energy to Release Q2 Earnings
Positive Sentiment: New underground power-line construction and plans to employ about 1,000 workers on multibillion-dollar generation projects underscore Duke Energy’s long-term capital-investment and reliability strategy, while potentially supporting future rate-base growth. Duke Energy Starts Installing Underground Power Lines
Neutral Sentiment: Duke Energy restored power to customers in western North Carolina following severe storms. The recovery demonstrates operational responsiveness, although storm-related restoration work can create short-term costs. Power Restored to Western North Carolina Customers
Negative Sentiment: North Carolina regulators reduced a proposed Duke Energy rate increase by nearly half. Although customer bills would still rise, the smaller increase could limit near-term revenue and earnings support relative to the company’s original request. North Carolina Duke Energy Rate Hike Is Cut

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.