Insider Selling: Duke Energy (NYSE:DUK) CEO Sells $868,156.00 in Stock

Duke Energy Corporation (NYSE:DUKGet Free Report) CEO Louis Renjel sold 6,800 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were 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 trade represents a 23.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Duke Energy Trading Up 1.6%

DUK traded up $2.03 on Friday, hitting $128.14. The company had a trading volume of 5,565,865 shares, compared to its average volume of 4,389,916. The company’s fifty day moving average price is $118.44 and its 200 day moving average price is $121.73. Duke Energy Corporation has a 1 year low of $110.51 and a 1 year high of $130.03. The company has a current ratio of 0.55, a quick ratio of 0.40 and a debt-to-equity ratio of 1.54. The firm has a market cap of $99.65 billion, a P/E ratio of 20.28, a PEG ratio of 2.72 and a beta of 0.51.

Duke Energy (NYSE:DUKGet Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The utilities provider reported $1.50 EPS for the quarter, topping the consensus estimate 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 net margin of 15.41% and a return on equity of 9.66%. During the same period in the prior year, the business posted $1.66 EPS. Duke Energy has set its FY 2026 guidance at 6.550-6.800 EPS. As a group, equities analysts expect that Duke Energy Corporation will post 6.33 earnings per share for the current year.

Duke Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 13th will be issued a $1.065 dividend. This represents a $4.26 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, February 13th. Duke Energy’s payout ratio is currently 67.41%.

Trending Headlines about Duke Energy

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

Wall Street Analysts Forecast Growth

DUK has been the subject of several research reports. Wells Fargo & Company dropped their target price on Duke Energy from $126.00 to $115.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 20th. Mizuho set a $130.00 price objective on shares of Duke Energy in a report on Tuesday. Jefferies Financial Group decreased their price target on shares of Duke Energy from $126.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday, January 14th. TD Cowen assumed coverage on Duke Energy in a research report on Thursday, October 16th. They set a “buy” rating and a $143.00 price objective on the stock. Finally, The Goldman Sachs Group increased their price objective on Duke Energy from $141.00 to $142.00 and gave the company a “buy” rating in a research note on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Duke Energy has a consensus rating of “Moderate Buy” and a consensus target price of $134.19.

Read Our Latest Research Report on Duke Energy

Institutional Trading of Duke Energy

A number of institutional investors have recently bought and sold shares of the business. Dorato Capital Management purchased a new stake in Duke Energy during the fourth quarter worth approximately $26,000. Evolution Wealth Management Inc. raised its holdings in Duke Energy by 1,111.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 200 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Duke Energy during the 3rd quarter worth approximately $27,000. Triumph Capital Management boosted its holdings in shares of Duke Energy by 68.6% in the 4th quarter. Triumph Capital Management now owns 231 shares of the utilities provider’s stock valued at $27,000 after buying an additional 94 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new position in shares of Duke Energy in the 2nd quarter valued at $28,000. 65.31% of the stock is owned by hedge funds and other institutional investors.

About Duke Energy

(Get Free Report)

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.

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