Duke Energy Corporation $DUK Stock Position Trimmed by Bruce & Co. Inc.

Bruce & Co. Inc. lessened its stake in Duke Energy Corporation (NYSE:DUK) by 11.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 155,816 shares of the utilities provider’s stock after selling 20,000 shares during the period. Duke Energy makes up about 6.0% of Bruce & Co. Inc.’s holdings, making the stock its 6th biggest holding. Bruce & Co. Inc.’s holdings in Duke Energy were worth $19,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in DUK. Pflug Koory LLC lifted its holdings in shares of Duke Energy by 3.0% during the 3rd quarter. Pflug Koory LLC now owns 2,694 shares of the utilities provider’s stock worth $333,000 after acquiring an additional 79 shares during the last quarter. WealthShield Partners LLC increased its stake in Duke Energy by 0.3% in the second quarter. WealthShield Partners LLC now owns 25,453 shares of the utilities provider’s stock valued at $3,003,000 after acquiring an additional 80 shares during the last quarter. Cypress Wealth Services LLC raised its position in Duke Energy by 1.7% during the third quarter. Cypress Wealth Services LLC now owns 5,048 shares of the utilities provider’s stock valued at $625,000 after purchasing an additional 82 shares in the last quarter. EWA LLC lifted its stake in Duke Energy by 3.9% during 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 during the last quarter. Finally, Mill Creek Capital Advisors LLC boosted its holdings in shares of Duke Energy by 4.6% in the 3rd 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. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DUK. UBS Group raised their price objective on Duke Energy from $136.00 to $140.00 in a report on Monday. The Goldman Sachs Group upped their target price on Duke Energy from $141.00 to $142.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Wall Street Zen downgraded shares of Duke Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Wells Fargo & Company boosted their price objective on shares of Duke Energy from $115.00 to $135.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 4th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $136.00 price objective on shares of Duke Energy in a research note on Wednesday, February 11th. Nine research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Duke Energy has a consensus rating of “Hold” and an average price target of $137.80.

Insider Buying and Selling at Duke Energy

In other Duke Energy news, CEO Louis E. Renjel sold 6,800 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $127.67, for a total transaction of $868,156.00. Following the completion of the sale, the chief executive officer owned 22,007 shares of the company’s stock, valued at $2,809,633.69. This represents a 23.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Regis T. Repko sold 962 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $127.86, for a total transaction of $123,001.32. Following the completion of the transaction, the senior vice president owned 3,896 shares in the company, valued at $498,142.56. The trade was a 19.80% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.14% of the company’s stock.

Key Stories Impacting 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 Trading Up 1.4%

Shares of DUK stock opened at $131.81 on Friday. The business has a 50-day moving average of $123.63 and a 200 day moving average of $122.57. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.55 and a quick ratio of 0.33. Duke Energy Corporation has a 1-year low of $111.22 and a 1-year high of $133.20. The stock has a market capitalization of $102.50 billion, a PE ratio of 20.86, a P/E/G ratio of 2.82 and a beta of 0.50.

Duke Energy (NYSE:DUK) last announced its quarterly earnings data 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. The firm had revenue of $7.94 billion during the quarter, compared to the consensus estimate of $7.57 billion. Duke Energy had a return on equity of 9.66% and a net margin of 15.41%.During the same quarter in the previous year, the company posted $1.66 earnings per share. As a group, sell-side analysts anticipate that Duke Energy Corporation will post 6.33 earnings per share for the current year.

Duke Energy Announces Dividend

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

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.