OMERS ADMINISTRATION Corp Sells 1,157,469 Shares of Duke Energy Corporation $DUK

OMERS ADMINISTRATION Corp lessened its holdings in Duke Energy Corporation (NYSE:DUK) by 48.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,207,503 shares of the utilities provider’s stock after selling 1,157,469 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Duke Energy were worth $141,531,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Mill Creek Capital Advisors LLC boosted its position in shares of Duke Energy by 4.6% in the third quarter. Mill Creek Capital Advisors LLC now owns 1,854 shares of the utilities provider’s stock valued at $229,000 after acquiring an additional 82 shares during the period. A4 Wealth Advisors LLC boosted its position in shares of Duke Energy by 3.3% in the fourth quarter. A4 Wealth Advisors LLC now owns 2,597 shares of the utilities provider’s stock valued at $304,000 after acquiring an additional 82 shares during the period. Elm Partners Management LLC boosted its position in shares of Duke Energy by 0.9% in the fourth quarter. Elm Partners Management LLC now owns 9,254 shares of the utilities provider’s stock valued at $1,085,000 after acquiring an additional 83 shares during the period. CYBER HORNET ETFs LLC boosted its position in shares of Duke Energy by 4.1% in the third quarter. CYBER HORNET ETFs LLC now owns 2,113 shares of the utilities provider’s stock valued at $261,000 after acquiring an additional 83 shares during the period. Finally, Legacy Wealth Managment LLC ID boosted its position in shares of Duke Energy by 35.0% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 324 shares of the utilities provider’s stock valued at $38,000 after acquiring an additional 84 shares during the period. Institutional investors own 65.31% of the company’s stock.

More Duke Energy News

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

• Positive Sentiment: Lower interest rates could be a tailwind for Duke Energy because they may reduce refinancing costs and make the utility’s dividend yield more attractive to income-focused investors. Article Title
• Positive Sentiment: Market commentary highlighted Duke Energy as a reliable “safe haven” dividend stock, noting 100 consecutive years of quarterly payouts and reinforcing the company’s appeal as a defensive utility holding. Article Title
• Positive Sentiment: Ohio Supreme Court news that Duke Energy can charge customers to close retired propane caverns supports recovery of utility costs and may ease regulatory pressure on earnings. Article Title
• Neutral Sentiment: Duke Energy Foundation announced $830,000 in America250 grants, completing more than $1 million in civic and history-related funding across its service territory. The initiative is positive for community relations but unlikely to move the stock materially. Article Title
• Neutral Sentiment: Several operational items, including nuclear siren testing and storm-related outage coverage, reflect routine utility activity and severe weather response rather than a clear fundamental change. Article Title
• Negative Sentiment: Coverage about Duke seeking higher rates alongside gas-plant plans colliding with clean-energy goals could signal continued regulatory friction and uncertainty around future capital spending and approvals. Article Title
• Negative Sentiment: A report on Duke Energy resource planning proceedings noted a pro-coal commissioner’s absence, underscoring ongoing debate around the company’s generation mix and long-term energy strategy. Article Title

Insider Activity at Duke Energy

In other news, CEO Louis E. Renjel sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $125.15, for a total value of $438,025.00. Following the completion of the transaction, the chief executive officer owned 21,415 shares of the company’s stock, valued at $2,680,087.25. This represents a 14.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Harry K. Sideris sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $124.37, for a total value of $2,487,400.00. Following the completion of the transaction, the chief executive officer directly owned 96,102 shares of the company’s stock, valued at $11,952,205.74. This represents a 17.23% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.12% of the company’s stock.

Duke Energy Stock Up 0.2%

Shares of NYSE DUK opened at $125.22 on Tuesday. The company has a current ratio of 0.66, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The company has a market cap of $97.62 billion, a price-to-earnings ratio of 19.18 and a beta of 0.39. Duke Energy Corporation has a 12 month low of $113.66 and a 12 month high of $134.49. The stock has a 50-day moving average price of $126.02 and a two-hundred day moving average price of $124.04.

Duke Energy (NYSE:DUK) last issued its earnings results on Monday, May 4th. The utilities provider reported $1.93 EPS for the quarter, topping the consensus estimate of $1.87 by $0.06. The firm had revenue of $9.18 billion during the quarter, compared to the consensus estimate of $8.44 billion. Duke Energy had a return on equity of 9.73% and a net margin of 15.49%.The business’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.76 earnings per share. As a group, analysts forecast that Duke Energy Corporation will post 6.71 earnings per share for the current fiscal year.

Duke Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Friday, May 15th will be paid a $1.065 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.26 annualized dividend and a dividend yield of 3.4%. Duke Energy’s dividend payout ratio is currently 65.24%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Capitol Sec Mgt downgraded Duke Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Wall Street Zen raised Duke Energy from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. Mizuho boosted their price target on Duke Energy from $130.00 to $139.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Jefferies Financial Group dropped their price target on Duke Energy from $143.00 to $138.00 in a research note on Monday, May 11th. Finally, Morgan Stanley dropped their price target on Duke Energy from $141.00 to $132.00 in a research note on Thursday, May 21st. Nine investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $138.93.

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.