Mitsubishi UFJ Trust & Banking Corp cut its position in Duke Energy Corporation (NYSE:DUK – Free Report) by 7.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,520,997 shares of the utilities provider’s stock after selling 205,826 shares during the quarter. Duke Energy accounts for 0.7% of Mitsubishi UFJ Trust & Banking Corp’s portfolio, making the stock its 19th largest position. Mitsubishi UFJ Trust & Banking Corp’s holdings in Duke Energy were worth $311,973,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DUK. Vanguard Group Inc. boosted its position in Duke Energy by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 75,716,783 shares of the utilities provider’s stock valued at $8,934,580,000 after buying an additional 1,154,783 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Duke Energy by 1.7% during the second quarter. Geode Capital Management LLC now owns 18,684,447 shares of the utilities provider’s stock worth $2,205,070,000 after acquiring an additional 319,001 shares during the last quarter. Laurel Wealth Advisors LLC lifted its stake in shares of Duke Energy by 11,417.7% in the second quarter. Laurel Wealth Advisors LLC now owns 17,668,789 shares of the utilities provider’s stock worth $2,084,917,000 after acquiring an additional 17,515,383 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Duke Energy by 0.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 8,691,150 shares of the utilities provider’s stock valued at $1,025,244,000 after purchasing an additional 34,906 shares during the last quarter. Finally, Legal & General Group Plc grew its stake in Duke Energy by 3.5% during the 2nd quarter. Legal & General Group Plc now owns 6,338,489 shares of the utilities provider’s stock valued at $747,942,000 after purchasing an additional 216,541 shares in the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.
Duke Energy Stock Down 0.3%
Shares of NYSE:DUK opened at $117.40 on Friday. The company’s fifty day moving average is $118.47 and its two-hundred day moving average is $121.38. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.40 and a current ratio of 0.63. Duke Energy Corporation has a 1-year low of $108.74 and a 1-year high of $130.03. The stock has a market capitalization of $91.30 billion, a price-to-earnings ratio of 18.46, a price-to-earnings-growth ratio of 2.56 and a beta of 0.50.
Duke Energy Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 13th will be issued a dividend of $1.065 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $4.26 annualized dividend and a dividend yield of 3.6%. Duke Energy’s dividend payout ratio is 66.98%.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. The Goldman Sachs Group upped their target price on Duke Energy from $138.00 to $141.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Evercore ISI started coverage on shares of Duke Energy in a report on Monday, October 6th. They issued an “outperform” rating and a $143.00 price target on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Duke Energy in a report on Monday, December 29th. Wells Fargo & Company cut their target price on shares of Duke Energy from $126.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Finally, BTIG Research raised shares of Duke Energy to a “strong-buy” rating in a research report on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $134.94.
Insider Buying and Selling at Duke Energy
In related news, EVP Robert Alexander Glenn sold 8,200 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $123.80, for a total value of $1,015,160.00. Following the sale, the executive vice president owned 11,367 shares of the company’s stock, valued at approximately $1,407,234.60. This trade represents a 41.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.14% of the company’s stock.
Trending Headlines about Duke Energy
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Duke says it has more than 18,000 workers from 27 states and Canada staged to respond to Winter Storm Fern, signaling strong operational readiness to limit outage duration and reputational damage. PR Newswire release
- Positive Sentiment: Duke Energy Florida is deploying about 500 workers to assist Carolinas restoration efforts, showing proactive mutual-aid deployment that can speed repairs and reduce prolonged outage costs. MSN report
- Neutral Sentiment: Analysis pieces are reframing DUK around analyst target changes and sentiment rather than material operations — watch how consensus targets and EPS forecasts evolve, since market reaction is being driven by these narrative shifts. Yahoo Finance
- Neutral Sentiment: Market coverage notes a recent intraday price dip and elevated volume as investors reposition around storm risk and dividend safety narratives; this is more of a sentiment/flow story than a fundamentals surprise. Zacks
- Negative Sentiment: RBC cut its DUK price target to $140 from $143 and kept a “sector perform” rating — a small downgrade that still implies about ~19% upside but may weigh on near‑term sentiment. MarketScreener
- Negative Sentiment: Multiple reports warn of freezing‑rain/ice risks and potential multiday outages in Duke’s service areas; prolonged outages raise short‑term repair and overtime costs and could spur customer complaints and regulatory scrutiny. MarketBeat / AP coverage
- Negative Sentiment: Local coverage highlights customer complaints about rising bills, a reputational/regulatory headwind that can affect rate cases and public sentiment if the issue escalates. WCPO article
Duke Energy 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.
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