Crossmark Global Holdings Inc. grew its position in Duke Energy Corporation (NYSE:DUK – Free Report) by 31.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 49,077 shares of the utilities provider’s stock after buying an additional 11,795 shares during the period. Crossmark Global Holdings Inc.’s holdings in Duke Energy were worth $5,752,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently made changes to their positions in the company. Dorato Capital Management acquired a new stake in Duke Energy in the 4th quarter valued at approximately $26,000. KERR FINANCIAL PLANNING Corp acquired a new position in Duke Energy during the 3rd quarter worth $27,000. Lodestone Wealth Management LLC acquired a new position in Duke Energy during the 4th quarter worth $30,000. Mowery & Schoenfeld Wealth Management LLC grew its stake in shares of Duke Energy by 300.0% in the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 280 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 210 shares in the last quarter. Finally, Cornerstone Planning Group LLC increased its holdings in shares of Duke Energy by 13,750.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 277 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 275 shares during the period. Institutional investors and hedge funds own 65.31% of the company’s stock.
Key Duke Energy News
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Duke Energy reported better-than-expected quarterly results recently, with EPS topping estimates and revenue coming in above forecasts, which supports the stock’s longer-term fundamentals. Duke Energy Corporation Just Beat EPS By 13%: Here’s What Analysts Think Will Happen Next
- Positive Sentiment: The company declared a quarterly dividend of $1.065 per share, reinforcing its appeal as a defensive income stock for investors seeking stable cash returns. Duke Energy announces dividend payments to shareholders
- Positive Sentiment: Wall Street coverage remains broadly constructive, with one recent analysis asking whether analysts are bullish on Duke Energy, suggesting the stock still has support from the sell side. Are Wall Street Analysts Bullish on Duke Energy Stock?
- Neutral Sentiment: BMO Capital Markets trimmed its price target slightly to $138 from $139, a modest change that does not materially alter the positive valuation outlook. BMO Capital adjusts price target on Duke Energy to $138 from $139
- Negative Sentiment: Political and regulatory scrutiny remains a drag, including protests linking Duke Energy to climate and governance concerns in North Carolina. Climate activists block governor’s mansion, call Stein ‘complicit’ with Duke Energy
- Negative Sentiment: News about a $90.5 million refund tied to storm-cost over-collection in Florida highlights ongoing customer and regulatory backlash that could pressure sentiment around future rate decisions. Duke Energy Florida customers to receive $90.5 million refund after storm cost over-collection
Duke Energy Price Performance
Duke Energy (NYSE:DUK – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.06. Duke Energy had a net margin of 15.49% and a return on equity of 9.73%. The company had revenue of $9.18 billion during the quarter, compared to the consensus estimate of $8.44 billion. During the same period in the prior year, the company earned $1.76 EPS. Duke Energy’s revenue was up 11.3% on a year-over-year basis. Duke Energy has set its FY 2026 guidance at 6.550-6.80 EPS. As a group, sell-side analysts predict that Duke Energy Corporation will post 6.7 earnings per share for the current fiscal year.
Duke Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Friday, May 15th will be issued a dividend of $1.065 per share. This represents a $4.26 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Friday, May 15th. Duke Energy’s dividend payout ratio (DPR) is presently 65.24%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the stock. Morgan Stanley reduced their price objective on shares of Duke Energy from $142.00 to $141.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Royal Bank Of Canada dropped their price target on shares of Duke Energy from $143.00 to $140.00 and set a “sector perform” rating on the stock in a research report on Friday, January 23rd. Barclays upped their price target on shares of Duke Energy from $127.00 to $143.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 7th. JPMorgan Chase & Co. increased their price objective on shares of Duke Energy from $138.00 to $139.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Finally, BTIG Research reiterated a “buy” rating and set a $141.00 price objective on shares of Duke Energy in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Duke Energy currently has a consensus rating of “Moderate Buy” and an average target price of $140.67.
Get Our Latest Stock Analysis on Duke Energy
Insider Activity at Duke Energy
In other Duke Energy news, SVP Regis T. Repko sold 962 shares of Duke Energy 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 transaction, the senior vice president owned 3,896 shares in the company, valued at approximately $498,142.56. The trade was a 19.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Louis E. Renjel sold 6,800 shares of the company’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 directly owned 22,007 shares in the company, valued at $2,809,633.69. This represents a 23.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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.
Further Reading
- Five stocks we like better than Duke Energy
- Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum
- Quantum Earnings Season Is Ramping Up—What to Watch From 2 Major Players
- Flutter Sees Post-Earnings Boost as FanDuel Shows Signs of Recovery
- 3 Healthcare Stocks Set to Benefit From the One Big Beautiful Bill
Want to see what other hedge funds are holding DUK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Duke Energy Corporation (NYSE:DUK – Free Report).
Receive News & Ratings for Duke Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duke Energy and related companies with MarketBeat.com's FREE daily email newsletter.
