New York State Teachers Retirement System Lowers Stake in Duke Energy Corporation $DUK

New York State Teachers Retirement System lowered its holdings in shares of Duke Energy Corporation (NYSE:DUK) by 1.6% during the 4th quarter, HoldingsChannel reports. The fund owned 610,265 shares of the utilities provider’s stock after selling 9,943 shares during the period. New York State Teachers Retirement System’s holdings in Duke Energy were worth $71,529,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in DUK. Pflug Koory LLC raised its stake in Duke Energy by 3.0% during the third quarter. Pflug Koory LLC now owns 2,694 shares of the utilities provider’s stock valued at $333,000 after buying an additional 79 shares during the last quarter. EWA LLC grew its stake in shares of Duke Energy by 3.9% in the third quarter. EWA LLC now owns 2,203 shares of the utilities provider’s stock worth $273,000 after acquiring an additional 82 shares during the last quarter. Mill Creek Capital Advisors LLC increased its holdings in shares of Duke Energy by 4.6% during 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 in the last quarter. CYBER HORNET ETFs LLC raised its position in shares of Duke Energy by 4.1% in the 3rd quarter. CYBER HORNET ETFs LLC now owns 2,113 shares of the utilities provider’s stock worth $261,000 after purchasing an additional 83 shares during the last quarter. Finally, Blossom Wealth Management raised its position in shares of Duke Energy by 3.5% in the 3rd quarter. Blossom Wealth Management now owns 2,530 shares of the utilities provider’s stock worth $313,000 after purchasing an additional 85 shares during the last quarter. Institutional investors own 65.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on DUK shares. Barclays increased their price objective on shares of Duke Energy from $127.00 to $143.00 and gave the company an “overweight” rating in a research report on Tuesday, April 7th. Wells Fargo & Company upped their target price on shares of Duke Energy from $135.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Monday, April 20th. Truist Financial started coverage on shares of Duke Energy in a report on Monday, April 20th. They set a “buy” rating and a $142.00 price target on the stock. Royal Bank Of Canada reduced their price target on shares of Duke Energy from $143.00 to $140.00 and set a “sector perform” rating for the company in a research report on Friday, January 23rd. Finally, Capitol Sec Mgt lowered shares of Duke Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Duke Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $140.25.

Duke Energy Price Performance

NYSE DUK opened at $129.79 on Friday. Duke Energy Corporation has a one year low of $111.22 and a one year high of $134.49. The stock has a 50-day moving average of $129.82 and a 200 day moving average of $124.30. 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 has a market capitalization of $100.99 billion, a price-to-earnings ratio of 20.54 and a beta of 0.46.

Duke Energy (NYSE:DUK) last announced its quarterly earnings results on Monday, February 9th. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. Duke Energy had a net margin of 15.41% and a return on equity of 9.66%. The firm had revenue of $7.94 billion for the quarter, compared to the consensus estimate of $7.57 billion. During the same quarter last year, the firm posted $1.66 EPS. On average, sell-side analysts forecast that Duke Energy Corporation will post 6.7 EPS for the current year.

Key Duke Energy News

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

• Positive Sentiment: South Carolina regulator approved a settlement for combining Duke Energy Carolinas and Duke Energy Progress that projects billions in long?term customer savings and includes shareholder guarantees — lowers merger/regulatory execution risk and frames future rate outcomes more predictably. South Carolina customers projected to benefit from billions in long-term savings from approved combination of Duke Energy utilities
• Positive Sentiment: The NRC renewed the operating license for Duke’s H.B. Robinson nuclear plant for 20 years (through 2050), supporting long?lived regulated generation assets and removing near?term replacement power risk. NRC Renews License for Duke Energy (DUK)’s Robinson Nuclear Plant
• Positive Sentiment: Analyst previews and coverage suggest Duke is likely to beat Q1 earnings estimates, supported by rate base growth and grid investments — this helps explain investor optimism around short?term EPS upside. DUK Likely to Beat Q1 Earnings Estimates: How to Play the Stock?
• Neutral Sentiment: Duke is engaging communities on future powerline plans (open houses) and making small philanthropic grants for SC green spaces — helpful for local relations but limited direct financial impact. Duke Energy hosts open house for future powerline plans Duke Energy Foundation awards $275,000 for SC green spaces
• Neutral Sentiment: Sector/peer previews (AEP, Atmos, NiSource, XLU ETF coverage) provide context for utilities fund flows and relative valuation but don’t directly change Duke’s fundamentals. American Electric Power to Release Q1 Earnings: What’s in the Cards?
• Negative Sentiment: Customer rallies and media coverage opposing a proposed rate hike (reports of potential increases up to ~18%) create political and PR headwinds that could complicate rate proceedings and timing of approved increases. Resident in Charlotte rally against Duke Energy rate hike that could reach up to 18% Corporate greed or justified costs? Duke Energy customers rally against proposed rate hike
• Negative Sentiment: Duke is monitoring extreme drought conditions that could force mandatory water restrictions and create operational challenges or higher costs for certain generation assets. Duke Energy continues to monitor extreme drought conditions, mandatory water restrictions possible

Insider Activity at Duke Energy

In related news, SVP Regis T. Repko sold 962 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $127.86, for a total value of $123,001.32. Following 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Louis E. Renjel sold 6,800 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $127.67, for a total transaction of $868,156.00. Following the sale, the chief executive officer 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. The disclosure for this sale is available in the SEC filing. Company insiders own 0.12% of the company’s stock.

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.