Axxcess Wealth Management LLC Boosts Holdings in Duke Energy Corporation $DUK

Posted by Sarita Garza on May 23rd, 2026

Axxcess Wealth Management LLC lifted its stake in Duke Energy Corporation (NYSE:DUK – Free Report) by 273.1% in the 4th quarter, HoldingsChannel reports. The firm owned 132,671 shares of the utilities provider’s stock after buying an additional 97,110 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Duke Energy were worth $15,551,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of DUK. Dorato Capital Management purchased a new stake in shares of Duke Energy in the fourth quarter worth $26,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Duke Energy in the third quarter worth approximately $27,000. Lodestone Wealth Management LLC bought a new stake in Duke Energy during the fourth quarter valued at approximately $30,000. Mowery & Schoenfeld Wealth Management LLC grew its position 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 valued at $33,000 after buying an additional 210 shares during the period. Finally, Cornerstone Planning Group LLC lifted 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 valued at $33,000 after purchasing an additional 275 shares in the last quarter. 65.31% of the stock is owned by hedge funds and other institutional investors.

Duke Energy Price Performance

Shares of NYSE DUK opened at $125.78 on Friday. The firm’s 50 day simple moving average is $128.24 and its 200-day simple moving average is $124.02. Duke Energy Corporation has a 12 month low of $113.39 and a 12 month high of $134.49. The stock has a market capitalization of $98.06 billion, a price-to-earnings ratio of 19.26 and a beta of 0.41. 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 announced its earnings results on Monday, May 4th. The utilities provider reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $0.06. Duke Energy had a return on equity of 9.73% and a net margin of 15.49%.The business had revenue of $9.18 billion during the quarter, compared to analysts’ expectations of $8.44 billion. During the same quarter in the prior year, the firm earned $1.76 earnings per share. The business’s revenue was up 11.3% compared to the same quarter last year. Analysts expect that Duke Energy Corporation will post 6.71 EPS for the current year.

Duke Energy Announces Dividend

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

Wall Street Analyst Weigh In

DUK has been the topic of several research analyst reports. Morgan Stanley lowered their target price on shares of Duke Energy from $141.00 to $132.00 in a report on Thursday. Wells Fargo & Company increased their price objective on shares of Duke Energy from $135.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Monday, April 20th. Jefferies Financial Group reduced their price objective on shares of Duke Energy from $143.00 to $138.00 in a research report on Monday, May 11th. Truist Financial reduced their price objective on shares of Duke Energy from $142.00 to $137.00 and set a “buy” rating on the stock in a research report on Monday. Finally, Wall Street Zen upgraded shares of Duke Energy from a “sell” rating to a “hold” rating in a report on Saturday, March 28th. Nine equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $139.07.

View Our Latest Research Report on DUK

Duke Energy News Roundup

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

Positive Sentiment: Duke Energy is being viewed as a potential beneficiary of surging power demand from data centers, which could support future generation growth and regulated utility investment opportunities. Why Duke Energy (DUK) Is Becoming a Data Center Power Demand Play
Positive Sentiment: Goldman Sachs reiterated its bullish view by keeping Duke Energy on its Conviction List and assigning a $132 target, signaling confidence in regulatory progress and the company’s expansion plans. Why Duke Energy (DUK) Is Becoming a Data Center Power Demand Play
Positive Sentiment: Utility-sector demand tailwinds linked to AI infrastructure are also supporting sentiment toward Duke Energy and other dividend-paying utilities. These 3 Utility Stocks Have Been Paying Dividends for Decades and AI Data Centers Just Made Them More Valuable
Neutral Sentiment: North Carolina lawmakers moved to require approval for replacement nuclear capacity before Duke can retire coal plants, which could slow the company’s transition plans but may also protect near-term generation reliability and earnings visibility. North Carolina lawmakers just moved to block Duke Energy from closing coal plants until new nuclear is approved to replace every lost megawatt
Neutral Sentiment: Morgan Stanley cut its price target on Duke Energy to $132 from $141 while maintaining an Equalweight rating, a modestly softer analyst signal but still above the recent share price. Morgan Stanley adjusts price target on Duke Energy to 132 from 141
Neutral Sentiment: Other items, including local outage and customer-service updates, appear operational in nature and are unlikely to materially affect the stock. Power restored for Duke Energy customers in Sullivan County

Insider Activity at Duke Energy

In related news, CEO Louis E. Renjel sold 3,500 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $125.15, for a total value of $438,025.00. Following the sale, the chief executive officer directly owned 21,415 shares in the company, valued at approximately $2,680,087.25. The trade was a 14.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Regis T. Repko sold 962 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $127.86, for a total transaction of $123,001.32. Following the sale, the senior vice president owned 3,896 shares in the company, valued at $498,142.56. This trade represents a 19.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 24,462 shares of company stock worth $3,048,426. Company insiders own 0.12% of the company’s stock.

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.