Spectrum Asset Management Inc. NB CA Trims Stock Position in Duke Energy Corporation $DUK

Spectrum Asset Management Inc. NB CA lessened its position in shares of Duke Energy Corporation (NYSE:DUK) by 12.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 29,516 shares of the utilities provider’s stock after selling 4,339 shares during the quarter. Spectrum Asset Management Inc. NB CA’s holdings in Duke Energy were worth $3,460,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in DUK. Brighton Jones LLC raised its position in shares of Duke Energy by 11.6% during the 4th quarter. Brighton Jones LLC now owns 6,754 shares of the utilities provider’s stock valued at $728,000 after buying an additional 700 shares during the period. Empowered Funds LLC raised its position in shares of Duke Energy by 19.6% during the 1st quarter. Empowered Funds LLC now owns 23,162 shares of the utilities provider’s stock valued at $2,825,000 after buying an additional 3,797 shares during the period. Schnieders Capital Management LLC. raised its position in shares of Duke Energy by 1.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 31,238 shares of the utilities provider’s stock valued at $3,686,000 after buying an additional 315 shares during the period. AXA S.A. raised its position in shares of Duke Energy by 523.4% during the 2nd quarter. AXA S.A. now owns 42,233 shares of the utilities provider’s stock valued at $4,983,000 after buying an additional 35,458 shares during the period. Finally, Nebula Research & Development LLC purchased a new stake in shares of Duke Energy during the 2nd quarter valued at approximately $954,000. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Duke Energy Stock Performance

NYSE:DUK opened at $129.76 on Wednesday. The company has a fifty day simple moving average of $129.19 and a two-hundred day simple moving average of $124.01. The company has a market cap of $100.97 billion, a price-to-earnings ratio of 20.53 and a beta of 0.46. The company has a quick ratio of 0.33, a current ratio of 0.55 and a debt-to-equity ratio of 1.54. Duke Energy Corporation has a 52 week low of $111.22 and a 52 week high of $134.49.

Duke Energy (NYSE:DUK) last posted its quarterly earnings results on Monday, February 9th. The utilities provider reported $1.50 EPS for the quarter, topping the consensus estimate of $1.49 by $0.01. The business had revenue of $7.94 billion during the quarter, compared to the consensus estimate of $7.57 billion. Duke Energy had a net margin of 15.41% and a return on equity of 9.66%. During the same quarter in the previous year, the firm posted $1.66 earnings per share. As a group, equities analysts anticipate that Duke Energy Corporation will post 6.33 earnings per share for the current fiscal year.

Duke Energy News Summary

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

• Positive Sentiment: Company is accelerating its clean-energy buildout—coverage highlights Duke’s expanded investments in solar, wind and storage that support long-term earnings growth and grid reliability. Can Duke Energy’s Renewable Push Boost Its Long-Term Growth Outlook?
• Positive Sentiment: Regulatory development that could reduce compliance costs—reporting that the EPA plans to weaken rules on how coal ash is handled may lower potential remediation liabilities for utilities with legacy coal ash sites, including Duke. EPA plans to weaken rules on how Duke Energy handles toxic coal ash
• Positive Sentiment: Analyst/price-target momentum—one outlet reports a raised price target ($143), which can support upside if other analysts follow. Duke Energy (NYSE:DUK) Price Target Raised to $143.00
• Positive Sentiment: Community/workforce investment—The Duke Energy Foundation is committing $600,000 to North Carolina community colleges and regional partners to expand energy-sector training, supporting long-term hiring and operational needs. Duke Energy invests $600,000 to train North Carolina’s future energy workforce
• Neutral Sentiment: Shareholders meeting scheduled—Duke will hold its annual meeting online May 7, a routine corporate governance item that may include management commentary but is unlikely to move the stock materially by itself. Duke Energy to hold annual shareholders meeting online May 7
• Neutral Sentiment: Investor interest pieces—coverage notes Duke is attracting attention from retail/institutional readers, which can increase volume but is information rather than a direct catalyst. Duke Energy Corporation (DUK) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Short-term fundamentals and market headwinds—recent quarterly EPS beat was slight and remains below prior-year EPS; Duke’s leverage (debt-to-equity ~1.54) and low liquidity ratios are reminders that rising rates or sector rotation can pressure the stock. These fundamentals likely contributed to today’s pullback. Duke Energy Stock Profile & Recent Earnings

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Capitol Sec Mgt lowered Duke Energy from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Wells Fargo & Company boosted their target price on Duke Energy from $115.00 to $135.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 4th. UBS Group boosted their target price on Duke Energy from $136.00 to $140.00 in a research report on Monday, March 9th. The Goldman Sachs Group boosted their target price on Duke Energy from $141.00 to $142.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Finally, Evercore reissued an “in-line” rating and issued a $139.00 target price on shares of Duke Energy in a research report on Thursday, March 5th. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Duke Energy has an average rating of “Hold” and a consensus price target of $139.33.

Insider Buying and Selling at Duke Energy

In other Duke Energy news, 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 value of $868,156.00. Following the completion of the transaction, the chief executive officer owned 22,007 shares in the company, valued at $2,809,633.69. The trade was a 23.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Regis T. Repko sold 962 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $127.86, for a total transaction of $123,001.32. Following the completion of the transaction, the senior vice president owned 3,896 shares of the company’s stock, valued at approximately $498,142.56. This trade represents a 19.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.12% of the company’s stock.

About Duke Energy

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.