Drucker Wealth 3.0 LLC Sells 10,496 Shares of Duke Energy Corporation $DUK

Drucker Wealth 3.0 LLC trimmed its holdings in shares of Duke Energy Corporation (NYSE:DUK) by 43.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 13,584 shares of the utilities provider’s stock after selling 10,496 shares during the period. Drucker Wealth 3.0 LLC’s holdings in Duke Energy were worth $1,681,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DUK. Legacy Investment Solutions LLC bought a new stake in shares of Duke Energy in the 2nd quarter valued at approximately $28,000. Access Investment Management LLC bought a new position in shares of Duke Energy during the 2nd quarter worth approximately $31,000. Anfield Capital Management LLC boosted its stake in Duke Energy by 2,608.3% in the 2nd quarter. Anfield Capital Management LLC now owns 325 shares of the utilities provider’s stock valued at $38,000 after buying an additional 313 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in Duke Energy in the third quarter valued at $39,000. Finally, Total Investment Management Inc. acquired a new position in Duke Energy during the second quarter worth $46,000. Institutional investors own 65.31% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Louis E. Renjel sold 6,800 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $127.67, for a total value of $868,156.00. Following the transaction, the chief executive officer owned 22,007 shares of the company’s stock, valued at approximately $2,809,633.69. This trade represents a 23.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.14% of the company’s stock.

Duke Energy Stock Performance

DUK stock opened at $126.75 on Wednesday. The company has a 50 day moving average price of $119.16 and a 200 day moving average price of $121.90. Duke Energy Corporation has a fifty-two week low of $110.51 and a fifty-two week high of $130.03. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.55 and a quick ratio of 0.33. The stock has a market capitalization of $98.57 billion, a PE ratio of 20.06, a price-to-earnings-growth ratio of 2.78 and a beta of 0.51.

Duke Energy (NYSE:DUK) last announced its quarterly earnings data on Tuesday, February 10th. The utilities provider reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. The firm had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.57 billion. Duke Energy had a return on equity of 9.66% and a net margin of 15.41%.During the same period last year, the company earned $1.66 EPS. Duke Energy has set its FY 2026 guidance at 6.550-6.800 EPS. Analysts forecast that Duke Energy Corporation will post 6.33 EPS for the current year.

Duke Energy Announces Dividend

The company 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 dividend of $1.065 per share. This represents a $4.26 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, February 13th. Duke Energy’s payout ratio is currently 67.41%.

Analysts Set New Price Targets

Several brokerages have recently commented on DUK. Jefferies Financial Group boosted their target price on shares of Duke Energy from $125.00 to $141.00 and gave the company a “hold” rating in a research note on Tuesday. Royal Bank Of Canada decreased their price objective on shares of Duke Energy from $143.00 to $140.00 and set a “sector perform” rating on the stock in a research note on Friday, January 23rd. UBS Group cut their target price on shares of Duke Energy from $135.00 to $126.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. Barclays reduced their target price on Duke Energy from $135.00 to $127.00 and set an “overweight” rating on the stock in a report on Thursday, January 15th. Finally, BTIG Research restated a “buy” rating and set a $141.00 price target on shares of Duke Energy in a research report on Friday, January 30th. Eleven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Duke Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.19.

About Duke Energy

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.