Indie Asset Partners LLC Has $2.10 Million Stock Holdings in Duke Energy Corporation $DUK

Indie Asset Partners LLC boosted its holdings in Duke Energy Corporation (NYSE:DUK) by 369.6% in the fourth quarter, HoldingsChannel reports. The firm owned 17,933 shares of the utilities provider’s stock after purchasing an additional 14,114 shares during the period. Duke Energy makes up about 2.3% of Indie Asset Partners LLC’s investment portfolio, making the stock its 10th biggest holding. Indie Asset Partners LLC’s holdings in Duke Energy were worth $2,102,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in the business. EWA LLC increased its holdings in Duke Energy by 3.9% in the third quarter. EWA LLC now owns 2,203 shares of the utilities provider’s stock worth $273,000 after purchasing an additional 82 shares in the last quarter. Mill Creek Capital Advisors LLC increased its holdings in Duke Energy by 4.6% in the third quarter. Mill Creek Capital Advisors LLC now owns 1,854 shares of the utilities provider’s stock worth $229,000 after purchasing an additional 82 shares in the last quarter. CYBER HORNET ETFs LLC increased its holdings in Duke Energy by 4.1% in the third quarter. CYBER HORNET ETFs LLC now owns 2,113 shares of the utilities provider’s stock worth $261,000 after purchasing an additional 83 shares in the last quarter. Hemington Wealth Management increased its holdings in Duke Energy by 16.1% in the third quarter. Hemington Wealth Management now owns 620 shares of the utilities provider’s stock worth $76,000 after purchasing an additional 86 shares in the last quarter. Finally, MidWestOne Financial Group Inc. increased its holdings in Duke Energy by 1.1% in the third quarter. MidWestOne Financial Group Inc. now owns 7,858 shares of the utilities provider’s stock worth $972,000 after purchasing an additional 87 shares in the last quarter. 65.31% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Duke Energy

In other Duke Energy news, SVP Regis T. Repko sold 962 shares of the business’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 owned 3,896 shares of the company’s stock, valued at approximately $498,142.56. The trade was a 19.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Louis E. Renjel sold 6,800 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 22,007 shares in the company, valued at approximately $2,809,633.69. This represents a 23.61% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is currently owned by insiders.

Duke Energy Stock Down 0.6%

DUK stock opened at $124.10 on Friday. The stock’s fifty day simple moving average is $129.72 and its two-hundred day simple moving average is $124.21. The company has a current ratio of 0.66, a quick ratio of 0.33 and a debt-to-equity ratio of 1.45. Duke Energy Corporation has a 1-year low of $111.22 and a 1-year high of $134.49. The stock has a market cap of $96.75 billion, a P/E ratio of 19.01 and a beta of 0.41.

Duke Energy (NYSE:DUK) last posted its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.93 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $8.44 billion. During the same quarter in the previous year, the firm earned $1.76 earnings per share. The business’s revenue was up 11.3% on a year-over-year basis. Duke Energy has set its FY 2026 guidance at 6.550-6.80 EPS. Analysts expect that Duke Energy Corporation will post 6.7 EPS for the current year.

Duke Energy Dividend Announcement

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

Key Headlines Impacting Duke Energy

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

• Positive Sentiment: Duke Energy reported better-than-expected quarterly results recently, with EPS topping estimates and revenue coming in above forecasts, which supports the stock’s longer-term fundamentals. Duke Energy Corporation Just Beat EPS By 13%: Here’s What Analysts Think Will Happen Next
• Positive Sentiment: The company declared a quarterly dividend of $1.065 per share, reinforcing its appeal as a defensive income stock for investors seeking stable cash returns. Duke Energy announces dividend payments to shareholders
• Positive Sentiment: Wall Street coverage remains broadly constructive, with one recent analysis asking whether analysts are bullish on Duke Energy, suggesting the stock still has support from the sell side. Are Wall Street Analysts Bullish on Duke Energy Stock?
• Neutral Sentiment: BMO Capital Markets trimmed its price target slightly to $138 from $139, a modest change that does not materially alter the positive valuation outlook. BMO Capital adjusts price target on Duke Energy to $138 from $139
• Negative Sentiment: Political and regulatory scrutiny remains a drag, including protests linking Duke Energy to climate and governance concerns in North Carolina. Climate activists block governor’s mansion, call Stein ‘complicit’ with Duke Energy
• Negative Sentiment: News about a $90.5 million refund tied to storm-cost over-collection in Florida highlights ongoing customer and regulatory backlash that could pressure sentiment around future rate decisions. Duke Energy Florida customers to receive $90.5 million refund after storm cost over-collection

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on DUK shares. Morgan Stanley decreased their price objective on Duke Energy from $142.00 to $141.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Mizuho boosted their price objective on Duke Energy from $130.00 to $139.00 and gave the company an “outperform” rating in a report on Wednesday. Truist Financial started coverage on Duke Energy in a report on Monday, April 20th. They set a “buy” rating and a $142.00 price objective for the company. Capitol Sec Mgt downgraded Duke Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Finally, Evercore restated an “in-line” rating and set a $139.00 price objective on shares of Duke Energy in a report on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $140.67.

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.