Duke Energy Corporation $DUK Shares Sold by Philadelphia Trust Co.

Philadelphia Trust Co. lowered its position in Duke Energy Corporation (NYSE:DUK) by 21.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,080 shares of the utilities provider’s stock after selling 10,489 shares during the quarter. Philadelphia Trust Co.’s holdings in Duke Energy were worth $4,342,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Merit Financial Group LLC lifted its stake in Duke Energy by 15.7% in the 2nd quarter. Merit Financial Group LLC now owns 70,388 shares of the utilities provider’s stock valued at $8,910,000 after buying an additional 9,562 shares in the last quarter. Sarasin & Partners LLP grew its holdings in Duke Energy by 15.3% during the 2nd quarter. Sarasin & Partners LLP now owns 1,283,213 shares of the utilities provider’s stock valued at $162,429,000 after buying an additional 170,700 shares during the last quarter. Nykredit A S purchased a new position in Duke Energy during the second quarter worth $17,106,000. V. M. Manning & CO. Inc. purchased a new position in Duke Energy during the second quarter worth $2,432,000. Finally, Cohen Klingenstein LLC acquired a new position in shares of Duke Energy in the second quarter worth $2,051,000. Institutional investors and hedge funds own 65.31% of the company’s stock.

Insider Transactions at Duke Energy

In other Duke Energy news, EVP Bonnie Titone sold 2,900 shares of Duke Energy stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $128.00, for a total value of $371,200.00. Following the completion of the sale, the executive vice president owned 26,111 shares in the company, valued at $3,342,208. The trade was a 10.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.12% of the company’s stock.

More Duke Energy News

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

• Positive Sentiment: Duke Energy Florida filed plans for four solar sites targeted for completion by mid-2028, projecting $1 billion in customer savings. The projects could support the utility’s generation plans, though they still require regulatory approval. Duke Energy Florida plans four new solar energy sites
• Positive Sentiment: U.S. power demand is expected to set records in 2026 and 2027 as AI use expands. Greater demand could create long-term opportunities for Duke Energy, although the benefit depends on the company’s ability to add capacity and serve large customers. U.S. power demand to beat record highs
• Neutral Sentiment: Duke Energy reached an agreement on customer protections for data centers in North Carolina. The safeguards may address concerns about shifting costs to households, while potentially shaping the terms and economics of serving major new customers. Duke Energy reaches agreement on data center customer protections
• Neutral Sentiment: Davidson County is weighing a large rezoning request for a proposed Duke Energy natural-gas complex. The project could add generation capacity, but its progress depends on local approval. Davidson County weighs rezoning for Duke Energy gas complex
• Negative Sentiment: Florida regulators rejected Duke Energy’s data-center plan, citing risks to consumers. The decision could delay or prevent the company from capturing expected demand from a large customer and highlights regulatory scrutiny over who pays for infrastructure. Florida regulators reject Duke Energy data center plan

Wall Street Analyst Weigh In

DUK has been the topic of several recent research reports. Scotiabank reduced their price objective on Duke Energy from $146.00 to $131.00 in a research report on Wednesday, September 30th. Mizuho set a $136.00 price objective on Duke Energy in a research report on Wednesday, August 5th. KeyCorp dropped their price objective on Duke Energy from $139.00 to $128.00 and set an “overweight” rating for the company in a research report on Tuesday, October 13th. Barclays cut their target price on shares of Duke Energy from $132.00 to $124.00 and set an “overweight” rating for the company in a research note on Friday, October 9th. Finally, Morgan Stanley upped their target price on shares of Duke Energy from $127.00 to $128.00 and gave the company an “equal weight” rating in a report on Wednesday, October 21st. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $132.19.

Duke Energy Trading Up 0.7%

Shares of Duke Energy stock opened at $128.96 on Wednesday. Duke Energy Corporation has a fifty-two week low of $112.40 and a fifty-two week high of $134.49. The firm has a market cap of $100.55 billion, a PE ratio of 18.85, a P/E/G ratio of 2.99 and a beta of 0.33. The business’s fifty day moving average is $120.18 and its two-hundred day moving average is $124.61. The company has a quick ratio of 0.44, a current ratio of 0.68 and a debt-to-equity ratio of 1.49.

Duke Energy (NYSE:DUK) last announced its quarterly earnings data on Thursday, November 5th. The utilities provider reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.13. The business had revenue of $9.10 billion during the quarter, compared to the consensus estimate of $8.91 billion. Duke Energy had a return on equity of 9.82% and a net margin of 15.94%. The business’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.81 earnings per share. Analysts anticipate that Duke Energy Corporation will post 6.72 earnings per share for the current year.

Duke Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Friday, November 13th will be paid a $1.0850 dividend. This represents a $4.34 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Friday, November 13th. Duke Energy’s dividend payout ratio (DPR) is presently 63.45%.

Duke Energy Profile

Duke Energy is a U.S. energy company focused primarily on regulated electric utilities and natural gas distribution. Its businesses generate, transmit and distribute electricity, and provide natural gas service to residential, commercial and industrial customers. The company serves electric customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. Its natural gas distribution operations serve customers in several states, including North Carolina, South Carolina, Ohio, Kentucky and Tennessee.