FSA Advisors Inc. Acquires New Holdings in Duke Energy Corporation $DUK

FSA Advisors Inc. acquired a new stake in shares of Duke Energy Corporation (NYSE:DUK) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 20,151 shares of the utilities provider’s stock, valued at approximately $2,362,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Duke Energy by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 78,258,757 shares of the utilities provider’s stock worth $9,172,709,000 after acquiring an additional 1,957,592 shares in the last quarter. Northern Trust Corp boosted its holdings in Duke Energy by 0.4% in the third quarter. Northern Trust Corp now owns 7,758,700 shares of the utilities provider’s stock worth $960,139,000 after acquiring an additional 31,703 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Duke Energy by 4.1% in the third quarter. Franklin Resources Inc. now owns 7,281,986 shares of the utilities provider’s stock worth $901,146,000 after acquiring an additional 288,499 shares in the last quarter. Capital Research Global Investors boosted its holdings in Duke Energy by 0.3% in the third quarter. Capital Research Global Investors now owns 5,033,225 shares of the utilities provider’s stock worth $622,862,000 after acquiring an additional 12,758 shares in the last quarter. Finally, Caisse de depot et placement du Quebec boosted its holdings in Duke Energy by 19.1% in 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 acquiring an additional 419,992 shares in the last quarter. 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: South Carolina regulators approved a settlement to combine Duke Energy Carolinas and Duke Energy Progress, an agreement that the company says includes guaranteed, trackable long?term customer savings backed by shareholder commitments — a regulatory win that reduces execution risk and may improve future rate outcomes. South Carolina customers projected to benefit from billions in long-term savings from approved combination of Duke Energy utilities
• Positive Sentiment: Local goodwill/ESG: The Duke Energy Foundation awarded $275,000 for South Carolina green-space projects, a modest reputational positive that supports community relations amid rate debates. Duke Energy Foundation awards $275,000 for SC green spaces
• Neutral Sentiment: Security/operations: Extra security measures are being implemented after a threat related to Duke’s CEO speaking at an NC State commencement — operational/PR risk but not directly financial. A look at graduation security measures after threat against Duke Energy CEO set to speak at NC State commencement
• Neutral Sentiment: Operational risk: Duke continues to monitor extreme drought conditions that could force water restrictions — something to watch for potential operational impacts in affected service areas. Duke Energy continues to monitor extreme drought conditions, mandatory water restrictions possible
• Negative Sentiment: Regulatory/political pressure: Multiple hearings and public rallies show strong customer opposition to a proposed rate hike (reports cite possible increases as high as ~18% and emotional testimony about affordability), creating regulatory and reputational headwinds that can pressure near?term shares. Duke customers speak against rate hike in hearing
• Negative Sentiment: Public protests and critical coverage amplify downside risk from the rate fight — stories highlight customer hardship and label the hike a “nightmare,” increasing political scrutiny and potential for tougher regulatory outcomes. Protestors push back against ‘fossil fuels from hell’ during Duke Energy rate hike hearing
• Negative Sentiment: Market reaction: Recent coverage notes the stock has dipped more than the broader market amid these developments, suggesting investor sensitivity to the regulatory/rate narratives. Duke Energy (DUK) Dips More Than Broader Market: What You Should Know

Duke Energy Trading Up 0.1%

Shares of NYSE:DUK opened at $128.78 on Monday. Duke Energy Corporation has a 52-week low of $111.22 and a 52-week high of $134.49. The stock has a market cap of $100.20 billion, a price-to-earnings ratio of 20.38 and a beta of 0.41. The company has a quick ratio of 0.33, a current ratio of 0.55 and a debt-to-equity ratio of 1.54. The business has a 50-day moving average price of $129.82 and a 200-day moving average price of $124.26.

Duke Energy (NYSE:DUK) last announced its quarterly earnings data on Monday, February 9th. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.01. Duke Energy had a return on equity of 9.66% and a net margin of 15.41%.The firm had revenue of $7.94 billion during the quarter, compared to analysts’ expectations of $7.57 billion. During the same period last year, the business posted $1.66 earnings per share. Equities analysts predict that Duke Energy Corporation will post 6.7 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on DUK shares. Capitol Sec Mgt downgraded Duke Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Jefferies Financial Group raised their price target on Duke Energy from $125.00 to $141.00 and gave the stock a “hold” rating in a report on Tuesday, February 17th. Morgan Stanley lowered their price target on Duke Energy from $142.00 to $141.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Truist Financial started coverage on Duke Energy in a report on Monday, April 20th. They issued a “buy” rating and a $142.00 price target for the company. Finally, BTIG Research reissued a “buy” rating and issued a $141.00 price target on shares of Duke Energy in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Duke Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $140.25.

Insider Activity

In other news, SVP Regis T. Repko sold 962 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $127.86, for a total value of $123,001.32. Following the completion of the transaction, the senior vice president directly owned 3,896 shares in the company, valued at $498,142.56. This trade represents a 19.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Louis E. Renjel sold 6,800 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was 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 owned 22,007 shares of the company’s stock, valued at approximately $2,809,633.69. The trade was a 23.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.12% of the company’s stock.

Duke Energy Company 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.