Turtle Creek Wealth Advisors LLC Buys 5,055 Shares of Duke Energy Corporation $DUK

Turtle Creek Wealth Advisors LLC increased its stake in shares of Duke Energy Corporation (NYSE:DUK) by 15.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,656 shares of the utilities provider’s stock after acquiring an additional 5,055 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Duke Energy were worth $4,531,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of DUK. ANTIPODES PARTNERS Ltd acquired a new stake in Duke Energy during the third quarter worth $86,309,000. Vanguard Group Inc. boosted its stake in Duke Energy by 0.8% during the third quarter. Vanguard Group Inc. now owns 76,301,165 shares of the utilities provider’s stock worth $9,442,269,000 after buying an additional 584,382 shares in the last quarter. Caisse de depot et placement du Quebec boosted its stake in Duke Energy by 19.1% during the third quarter. Caisse de depot et placement du Quebec now owns 2,613,595 shares of the utilities provider’s stock worth $323,432,000 after buying an additional 419,992 shares in the last quarter. Franklin Resources Inc. boosted its stake in Duke Energy by 4.1% during the third quarter. Franklin Resources Inc. now owns 7,281,986 shares of the utilities provider’s stock worth $901,146,000 after buying an additional 288,499 shares in the last quarter. Finally, Liberty One Investment Management LLC boosted its stake in Duke Energy by 92.8% during the third quarter. Liberty One Investment Management LLC now owns 522,137 shares of the utilities provider’s stock worth $64,634,000 after buying an additional 251,257 shares in the last quarter. Institutional investors and hedge funds own 65.31% of the company’s stock.

Insider Transactions at Duke Energy

In other Duke Energy news, SVP Regis T. Repko sold 962 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $127.86, for a total value of $123,001.32. Following the completion of the sale, the senior vice president owned 3,896 shares in the company, valued at approximately $498,142.56. This trade represents a 19.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Louis E. Renjel sold 6,800 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $127.67, for a total transaction of $868,156.00. Following the completion of the transaction, the chief executive officer directly owned 22,007 shares of the company’s stock, valued at approximately $2,809,633.69. This represents a 23.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.12% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. UBS Group lifted their price target on shares of Duke Energy from $136.00 to $140.00 in a research note on Monday, March 9th. Evercore reiterated an “in-line” rating and set a $139.00 price target on shares of Duke Energy in a research note on Thursday, March 5th. Capitol Sec Mgt downgraded shares of Duke Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Mizuho set a $130.00 target price on shares of Duke Energy in a research note on Tuesday, February 10th. Finally, Truist Financial assumed coverage on shares of Duke Energy in a research note on Monday. They issued a “buy” rating and a $142.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Duke Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $140.25.

Duke Energy Stock Up 2.3%

Shares of NYSE:DUK opened at $128.09 on Friday. Duke Energy Corporation has a 52 week low of $111.22 and a 52 week high of $134.49. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.33 and a current ratio of 0.55. The company’s fifty day moving average is $129.74 and its 200-day moving average is $124.21. The company has a market capitalization of $99.67 billion, a PE ratio of 20.27 and a beta of 0.46.

Duke Energy (NYSE:DUK) last issued its earnings results on Monday, February 9th. The utilities provider reported $1.50 EPS for the quarter, beating the consensus estimate of $1.49 by $0.01. Duke Energy had a net margin of 15.41% and a return on equity of 9.66%. The company had revenue of $7.94 billion for the quarter, compared to the consensus estimate of $7.57 billion. During the same quarter in the previous year, the company earned $1.66 EPS. Equities research analysts predict that Duke Energy Corporation will post 6.7 earnings per share for the current fiscal year.

Key Headlines Impacting Duke Energy

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

• Positive Sentiment: Robinson nuclear plant receives a 20-year NRC license renewal (operating to 2050), strengthening long-term generation reliability and supporting regulated cash flows and local economics. Robinson Nuclear Plant receives approval from U.S. Nuclear Regulatory Commission to continue operating until 2050
• Positive Sentiment: Analyst action: Truist upgraded DUK to “strong-buy,” adding upside momentum and institutional interest. Truist upgrade (reported via Zacks)
• Positive Sentiment: Recent share performance and investor interest are firming (noted uptick over the last day and stronger 90-day returns), which can attract momentum flows. A Look At Duke Energy (DUK) Valuation As Analysts And DCF Offer Mixed Signals
• Neutral Sentiment: Valuation coverage is mixed: analyst ratings and DCF-based valuations send conflicting signals on fair value, implying upside is debated among sell-side models. A Look At Duke Energy (DUK) Valuation As Analysts And DCF Offer Mixed Signals
• Neutral Sentiment: Community and ESG news (Earth Day grants, Tree Line USA award) bolster PR and regulatory goodwill but have limited near-term earnings impact. Duke Energy invests nearly $620,000 to strengthen North Carolina’s natural spaces, resilience and community pride this Earth Day
• Negative Sentiment: Governance/regulatory risk: media scrutiny over roughly $22M in CEO pay while Duke seeks rate increases could complicate regulatory proceedings and public perception. Duke Energy faces criticism for $22M in CEO pay as it seeks rate increases
• Negative Sentiment: Sell-side caution: Morgan Stanley issued a pessimistic forecast for DUK, and BMO trimmed its price target from $143 to $139 (rating unchanged), signaling limited near-term upside in some analyst models. Morgan Stanley Issues Pessimistic Forecast for Duke Energy BMO lowers price target to $139, maintains outperform

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.