Duke Energy Corporation $DUK Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC raised its position in shares of Duke Energy Corporation (NYSE:DUK) by 29.6% in the fourth quarter, HoldingsChannel reports. The firm owned 62,821 shares of the utilities provider’s stock after acquiring an additional 14,365 shares during the period. Global Retirement Partners LLC’s holdings in Duke Energy were worth $7,363,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dorato Capital Management bought a new position in shares of Duke Energy in the fourth quarter valued at approximately $26,000. KERR FINANCIAL PLANNING Corp bought a new stake in Duke Energy during the third quarter worth approximately $27,000. Lodestone Wealth Management LLC bought a new stake in Duke Energy during the fourth quarter worth approximately $30,000. Mowery & Schoenfeld Wealth Management LLC raised its holdings in Duke Energy by 300.0% during the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 280 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 210 shares in the last quarter. Finally, Cornerstone Planning Group LLC raised its holdings in Duke Energy by 13,750.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 277 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 275 shares in the last quarter. 65.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DUK has been the topic of several recent analyst reports. Morgan Stanley dropped their target price on Duke Energy from $141.00 to $132.00 in a report on Thursday. Weiss Ratings reissued a “buy (b)” rating on shares of Duke Energy in a research note on Monday, May 4th. Jefferies Financial Group cut their target price on shares of Duke Energy from $143.00 to $138.00 in a research note on Monday, May 11th. Evercore increased their target price on shares of Duke Energy from $139.00 to $140.00 in a research note on Monday, May 11th. Finally, The Goldman Sachs Group upped their price target on shares of Duke Energy from $141.00 to $142.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Duke Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $139.07.

Duke Energy Stock Up 0.8%

Shares of NYSE:DUK opened at $124.80 on Friday. 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 cap of $97.29 billion, a PE ratio of 19.11 and a beta of 0.41. Duke Energy Corporation has a 52 week low of $113.39 and a 52 week high of $134.49. The firm has a 50 day simple moving average of $128.32 and a 200 day simple moving average of $124.01.

Duke Energy (NYSE:DUK) last issued its quarterly earnings results on Monday, May 4th. The utilities provider reported $1.93 EPS for the quarter, beating the consensus estimate of $1.87 by $0.06. The business had revenue of $9.18 billion during the quarter, compared to the consensus estimate of $8.44 billion. Duke Energy had a net margin of 15.49% and a return on equity of 9.73%. The firm’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.76 EPS. As a group, research analysts expect that Duke Energy Corporation will post 6.71 earnings per share 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 paid a $1.065 dividend. This represents a $4.26 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, May 15th. Duke Energy’s dividend payout ratio is currently 65.24%.

More Duke Energy News

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

• Positive Sentiment: Duke Energy is being highlighted as a utility that could benefit from long-term demand from AI data centers and steady dividend appeal, which may keep investors interested in the stock. Article title
• Positive Sentiment: TipRanks reported that Duke Energy’s earnings call emphasized progress on a large growth plan, reinforcing the company’s long-term investment case. Article title
• Positive Sentiment: News that Duke Energy Foundation is funding veteran workforce programs in North Carolina and South Carolina adds to the company’s community profile, though the direct financial impact is limited. Article title Article title
• Neutral Sentiment: Several local outage and safety reports, including restored power in Sullivan County and a downed power line in Greenville, are routine operational updates with limited likely stock impact. Article title Article title
• Neutral Sentiment: Maria-generated coverage on Duke Energy Ohio summer bill changes and a pricing-look article mainly reflect rate and valuation discussion, not a major new catalyst. Article title Article title
• Negative Sentiment: Morgan Stanley lowered its price target on Duke Energy to $132 from $141, which could pressure sentiment even though the firm still sees modest upside. Article title
• Negative Sentiment: North Carolina lawmakers advanced a bill that could block Duke from retiring coal plants until new nuclear capacity is approved, increasing regulatory uncertainty and potentially complicating its transition plans. Article title

Insider Buying and Selling at Duke Energy

In other Duke Energy news, SVP Regis T. Repko sold 962 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $127.86, for a total value of $123,001.32. Following the transaction, the senior vice president owned 3,896 shares in the company, valued at approximately $498,142.56. This represents a 19.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Louis E. Renjel sold 3,500 shares of the company’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 transaction, the chief executive officer owned 21,415 shares in the company, valued at approximately $2,680,087.25. This represents a 14.05% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 24,462 shares of company stock worth $3,048,426. 0.12% of the stock is currently owned by company insiders.

Duke Energy Company Profile

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.