Duke Energy Corporation $DUK Shares Sold by Employees Retirement System of Texas

Employees Retirement System of Texas reduced its position in Duke Energy Corporation (NYSE:DUK) by 24.4% in the 3rd quarter, Holdings Channel reports. The firm owned 77,709 shares of the utilities provider’s stock after selling 25,066 shares during the period. Employees Retirement System of Texas’ holdings in Duke Energy were worth $9,616,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in DUK. Bare Financial Services Inc increased its position in Duke Energy by 211.1% during the third quarter. Bare Financial Services Inc now owns 280 shares of the utilities provider’s stock worth $35,000 after buying an additional 190 shares during the period. Anfield Capital Management LLC boosted its holdings in shares of Duke Energy by 2,608.3% in the second quarter. Anfield Capital Management LLC now owns 325 shares of the utilities provider’s stock valued at $38,000 after acquiring an additional 313 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of Duke Energy during the third quarter worth approximately $39,000. Total Investment Management Inc. acquired a new position in shares of Duke Energy in the 2nd quarter valued at $46,000. Finally, Tsfg LLC increased its holdings in shares of Duke Energy by 24.6% in the 3rd quarter. Tsfg LLC now owns 445 shares of the utilities provider’s stock valued at $55,000 after acquiring an additional 88 shares during the period. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Duke Energy Stock Up 1.4%

Shares of Duke Energy stock opened at $131.81 on Friday. Duke Energy Corporation has a one year low of $111.22 and a one year high of $133.20. The company has a market cap of $102.50 billion, a P/E ratio of 20.86, a PEG ratio of 2.82 and a beta of 0.50. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.33 and a current ratio of 0.55. The firm has a fifty day moving average of $123.63 and a two-hundred day moving average of $122.57.

Duke Energy (NYSE:DUK) last issued its earnings results on Monday, February 9th. The utilities provider reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.01. Duke Energy had a net margin of 15.41% and a return on equity of 9.66%. The business had revenue of $7.94 billion for the quarter, compared to the consensus estimate of $7.57 billion. During the same quarter in the previous year, the firm earned $1.66 earnings per share. On average, analysts forecast that Duke Energy Corporation will post 6.33 earnings per share for the current year.

Duke Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 13th will be issued a $1.065 dividend. This represents a $4.26 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Friday, February 13th. Duke Energy’s payout ratio is currently 67.41%.

Insider Activity at Duke Energy

In related news, CEO Louis E. Renjel sold 6,800 shares of Duke Energy stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $127.67, for a total value of $868,156.00. Following the sale, the chief executive officer directly owned 22,007 shares in the company, valued at $2,809,633.69. The trade was a 23.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Regis T. Repko sold 962 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $127.86, for a total value of $123,001.32. Following the transaction, the senior vice president directly owned 3,896 shares in the company, valued at $498,142.56. This represents a 19.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.14% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on DUK. Wall Street Zen cut shares of Duke Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Barclays reduced their target price on shares of Duke Energy from $135.00 to $127.00 and set an “overweight” rating for the company in a report on Thursday, January 15th. Morgan Stanley set a $139.00 target price on shares of Duke Energy in a research note on Friday, February 20th. BTIG Research reissued a “buy” rating and set a $141.00 price target on shares of Duke Energy in a report on Friday, January 30th. Finally, Wells Fargo & Company boosted their price target on Duke Energy from $115.00 to $135.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 4th. Nine research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Duke Energy presently has a consensus rating of “Hold” and an average price target of $137.80.

Trending Headlines about Duke Energy

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

• Positive Sentiment: UBS analyst says DUK stock is expected to rise, providing third‑party support for the name and reinforcing buying interest. Duke Energy (NYSE:DUK) Stock Price Expected to Rise, UBS Group Analyst Says
• Positive Sentiment: Duke opened its largest battery storage facility in Knightdale — a near-term growth/renewables milestone that supports transition narratives and long‑term rate base expansion. Duke Energy’s largest battery storage facility now open in Knightdale
• Positive Sentiment: Agreements with North and South Carolina officials to combine two utility businesses reduce regulatory uncertainty around the merger and lower execution risk. Duke Energy reaches agreements with NC, SC officials to combine 2 utility companies
• Neutral Sentiment: Duke recently completed a $1.5B private offering of 3.000% convertible notes (and earlier upsized a $1.3B convertible), actions framed as refinancing maturing paper — reduces 2026 maturities but increases potential share conversion risk. Duke Energy Completes $1.5 Billion Convertible Notes Offering A Look At Duke Energy (DUK) Valuation After Upsized US$1.3b Convertible Notes Refinancing
• Neutral Sentiment: Recent quarterly results showed a slight EPS beat and solid revenue, which supports the stock’s momentum but doesn’t eliminate capital‑structure concerns. Why Is Duke Energy (DUK) Up 3.9% Since Last Earnings Report?
• Negative Sentiment: Duke announced a $6 billion common-stock offering — a potentially dilutive move that likely pressured shares as investors price in share count increase and near‑term EPS dilution. Duke Energy (DUK) Announces $6 Billion Common Stock Offering
• Negative Sentiment: Customer pushback and local rate-hike votes (e.g., New Bern) plus calls for audits in NC highlight regulatory and political risk tied to rates — these could complicate future rate cases or require concessions. NC residents sound alarm over rising energy bills, demand audit of Duke Energy New Bern council to vote on 2% utility rate hike amid Duke Energy wholesale increase
• Negative Sentiment: Merger-related concessions that reduce customer costs could limit near‑term rate base returns and margins, tempering some upside from the combined operations. Duke Energy’s merger deal includes reducing customer costs

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.