Duke Energy Corporation $DUK Holdings Trimmed by Savant Capital LLC

Savant Capital LLC trimmed its position in shares of Duke Energy Corporation (NYSE:DUK) by 33.0% during the 4th quarter, HoldingsChannel reports. The firm owned 61,723 shares of the utilities provider’s stock after selling 30,464 shares during the quarter. Savant Capital LLC’s holdings in Duke Energy were worth $7,235,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Applied Finance Capital Management LLC acquired a new stake in shares of Duke Energy during the 3rd quarter valued at $1,046,000. Oppenheimer & Co. Inc. boosted its stake in shares of Duke Energy by 9.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 150,426 shares of the utilities provider’s stock valued at $18,615,000 after buying an additional 12,677 shares during the period. Reaves W H & Co. Inc. boosted its stake in shares of Duke Energy by 1,118.3% during the 3rd quarter. Reaves W H & Co. Inc. now owns 99,459 shares of the utilities provider’s stock valued at $12,308,000 after buying an additional 91,295 shares during the period. AE Wealth Management LLC boosted its stake in shares of Duke Energy by 51.9% during the 3rd quarter. AE Wealth Management LLC now owns 49,068 shares of the utilities provider’s stock valued at $6,072,000 after buying an additional 16,772 shares during the period. Finally, Keybank National Association OH boosted its stake in shares of Duke Energy by 13.4% during the 3rd quarter. Keybank National Association OH now owns 371,248 shares of the utilities provider’s stock valued at $45,942,000 after buying an additional 43,925 shares during the period. 65.31% of the stock is currently owned by hedge funds and other institutional investors.

More Duke Energy News

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

• Positive Sentiment: Duke Energy Florida announced a third rate reduction this year, cutting residential bills by roughly 25% for summer months, which could improve customer goodwill and political/regulatory relations. Duke Energy Florida implements third rate reduction to lower residential customer bills by approximately 25% in 2026
• Positive Sentiment: Duke Energy Foundation awarded $500,000 in North Carolina grants to strengthen hurricane preparedness, underscoring resilience planning ahead of storm season. Ahead of hurricane season, Duke Energy Foundation awards $500,000 to strengthen storm preparedness across North Carolina
• Neutral Sentiment: Investor interest has been rising in Duke Energy as Zacks highlighted the stock and clean-energy/wind-sector themes that keep DUK in focus. Top Wind Energy Stocks to Watch Amid Increased Adoption of Clean Energy
• Neutral Sentiment: Work continues on the $250 million redevelopment of Duke Energy’s former headquarters in uptown Charlotte, a long-term real estate milestone that is not expected to materially change near-term fundamentals. In uptown Charlotte, $250M revamp of old Duke Energy headquarters hits a milestone
• Negative Sentiment: The Florida rate cuts could weigh on revenue growth expectations in Duke Energy’s regulated utility business, even as they support customer affordability. Duke Energy Florida implements third rate reduction to lower residential customer bills by approximately 25% in 2026

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on DUK. BMO Capital Markets decreased their target price on shares of Duke Energy from $139.00 to $138.00 in a research note on Wednesday, May 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Duke Energy in a research note on Monday, May 4th. Truist Financial decreased their target price on shares of Duke Energy from $142.00 to $137.00 and set a “buy” rating for the company in a research note on Monday, May 18th. The Goldman Sachs Group lifted their target price on shares of Duke Energy from $141.00 to $142.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Finally, UBS Group reduced their price objective on shares of Duke Energy from $137.00 to $135.00 in a research note on Monday, May 11th. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Duke Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $139.07.

Duke Energy Stock Down 0.9%

Duke Energy stock opened at $122.62 on Friday. The firm has a market cap of $95.59 billion, a price-to-earnings ratio of 18.78 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 Corporation has a fifty-two week low of $113.39 and a fifty-two week high of $134.49. The firm has a fifty day moving average price of $127.44 and a two-hundred day moving average price of $124.04.

Duke Energy (NYSE:DUK) last released its earnings results on Monday, May 4th. The utilities provider reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.87 by $0.06. The firm had revenue of $9.18 billion during the quarter, compared to analyst estimates 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 was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.76 EPS. As a group, analysts forecast that Duke Energy Corporation will post 6.71 earnings per share for the current year.

Duke Energy Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.26 dividend on an annualized basis and a yield of 3.5%. Duke Energy’s payout ratio is currently 65.24%.

Insiders Place Their Bets

In other Duke Energy news, CEO Harry K. Sideris sold 20,000 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 96,102 shares of the company’s stock, valued at $11,952,205.74. The trade was a 17.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Louis E. Renjel sold 3,500 shares of the business’s stock in a transaction 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 transaction, the chief executive officer directly owned 21,415 shares of the company’s stock, valued at approximately $2,680,087.25. This represents a 14.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.12% of the stock is owned by 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.