Sumitomo Mitsui Trust Group Inc. cut its holdings in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 2.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,708,214 shares of the utilities provider’s stock after selling 48,760 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Duke Energy were worth $194,753,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Evergreen Advisors LLC bought a new position in Duke Energy in the first quarter valued at approximately $36,000. Livelsberger Financial Advisory bought a new stake in shares of Duke Energy during the 3rd quarter worth approximately $31,000. IAG Wealth Partners LLC boosted its holdings in shares of Duke Energy by 154.6% in the 1st quarter. IAG Wealth Partners LLC now owns 275 shares of the utilities provider’s stock valued at $36,000 after buying an additional 167 shares during the last quarter. Compass Wealth Management LLC bought a new position in shares of Duke Energy in the third quarter valued at $33,000. Finally, Dynamic Wealth Strategies LLC bought a new position in shares of Duke Energy in the first quarter valued at $38,000. Institutional investors own 65.31% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have commented on DUK shares. Scotiabank cut their price target on shares of Duke Energy from $146.00 to $131.00 in a research note on Wednesday, September 30th. Barclays cut their target price on shares of Duke Energy from $132.00 to $124.00 and set an “overweight” rating for the company in a research note on Friday, October 9th. KeyCorp reduced their price target on Duke Energy from $139.00 to $128.00 and set an “overweight” rating for the company in a report on Tuesday, October 13th. Weiss Ratings restated a “buy (b)” rating on shares of Duke Energy in a research note on Thursday. Finally, Morgan Stanley lifted their target price on Duke Energy from $127.00 to $128.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 21st. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Duke Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.19.
Duke Energy News Roundup
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Duke Energy was highlighted among five high-yield companies that raised their dividend payouts in 2026. Continued dividend growth reinforces the stock’s appeal to income-focused investors and signals confidence in future cash flow. 5 High-Yield Dividend Stocks That Raised Their Payouts in 2026
- Positive Sentiment: The company plans to seek a large-load tariff in South Carolina, potentially allowing it to better recover infrastructure costs from major electricity users such as data centers and industrial customers. The move could improve revenue visibility and support investment in grid capacity. Duke Energy to Seek Large Load Tariff for South Carolina
- Positive Sentiment: Duke Energy completed a 74.9-megawatt solar project in Florida, adding regulated renewable capacity and supporting its clean-energy transition. The project may contribute to long-term rate-base growth, although near-term earnings impact is likely limited. Duke Energy Completes Solar Project in Florida
- Positive Sentiment: Analysts expect earnings growth and see conditions that could support a beat in Duke Energy’s upcoming report, providing a near-term catalyst for the shares. Duke Energy Earnings Expected to Grow
- Positive Sentiment: Compared with Constellation Energy, Duke Energy offers a higher dividend yield, lower valuation and lower volatility, characteristics that may attract investors seeking defensive exposure rather than maximum growth. CEG vs. DUK
- Neutral Sentiment: Local reports described outages after vehicle accidents damaged utility equipment. These incidents are operationally routine and appear unlikely to materially affect Duke Energy’s investment outlook, though restoration costs and customer dissatisfaction remain risks. Duke Energy Reports Outages
- Neutral Sentiment: A contractor was hospitalized after an incident at Oxford Dam, creating a potential safety and liability issue but no reported material financial impact. Duke Energy Contractor Hospitalized
- Negative Sentiment: A report questioned Duke Energy’s North Carolina electricity-demand forecast. If projected demand growth is overstated, expected rate-base expansion and infrastructure returns could be less compelling. A disputed customer bill also adds limited reputational risk. Report Questions Duke Energy Demand Forecast
Duke Energy Stock Performance
Shares of Duke Energy stock opened at $127.39 on Monday. The company has a 50 day moving average of $119.11 and a 200-day moving average of $124.26. The company has a market cap of $99.33 billion, a PE ratio of 19.13, a price-to-earnings-growth ratio of 2.97 and a beta of 0.33. The company has a current ratio of 0.66, a quick ratio of 0.43 and a debt-to-equity ratio of 1.47. Duke Energy Corporation has a 1-year low of $112.40 and a 1-year high of $134.49.
Duke Energy (NYSE:DUK – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The utilities provider reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.13. Duke Energy had a return on equity of 9.78% and a net margin of 15.78%. The company had revenue of $7.59 billion during the quarter, compared to analysts’ expectations of $7.66 billion. During the same quarter in the previous year, the firm earned $1.25 EPS. Duke Energy’s revenue was up 1.1% on a year-over-year basis. As a group, equities research analysts forecast that Duke Energy Corporation will post 6.72 earnings per share for the current fiscal year.
Duke Energy Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Friday, November 13th will be issued a dividend of $1.0850 per share. The ex-dividend date is Friday, November 13th. This represents a $4.34 annualized dividend and a dividend yield of 3.4%. Duke Energy’s dividend payout ratio is 65.17%.
About Duke Energy
Duke Energy Corporation is an energy holding company that provides regulated electric and natural gas utility services in the United States. Its electric utilities generate, transmit, distribute and sell electricity to residential, commercial, industrial and other customers. The company’s generation portfolio includes nuclear, natural gas, coal, hydroelectric and renewable energy resources.
Duke Energy serves customers primarily in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky.
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