Resona Asset Management Co. Ltd. raised its position in Duke Energy Corporation (NYSE:DUK – Free Report) by 1.6% during the first quarter, Holdings Channel reports. The firm owned 317,710 shares of the utilities provider’s stock after purchasing an additional 5,060 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Duke Energy were worth $41,635,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted 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 valued at $9,172,709,000 after buying an additional 1,957,592 shares during the period. Amundi grew its holdings in Duke Energy by 56.9% during the 4th quarter. Amundi now owns 2,662,460 shares of the utilities provider’s stock worth $312,067,000 after acquiring an additional 965,808 shares during the period. Franklin Resources Inc. raised its position in shares of Duke Energy by 13.1% in the 4th quarter. Franklin Resources Inc. now owns 8,236,893 shares of the utilities provider’s stock worth $965,446,000 after acquiring an additional 954,907 shares in the last quarter. Milford Funds Ltd. bought a new position in shares of Duke Energy in the 4th quarter worth about $97,905,000. Finally, Cohen & Steers Inc. lifted its stake in shares of Duke Energy by 83.3% in the 4th quarter. Cohen & Steers Inc. now owns 1,711,445 shares of the utilities provider’s stock valued at $200,598,000 after purchasing an additional 777,878 shares during the period. 65.31% of the stock is owned by institutional investors.
Duke Energy Price Performance
DUK stock opened at $126.71 on Thursday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.66 and a quick ratio of 0.44. The company’s 50-day moving average is $125.03 and its 200-day moving average is $125.05. The stock has a market capitalization of $98.79 billion, a PE ratio of 19.40 and a beta of 0.38. Duke Energy Corporation has a 1 year low of $113.89 and a 1 year high of $134.49.
Duke Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Friday, May 15th were issued a dividend of $1.065 per share. The ex-dividend date was Friday, May 15th. This represents a $4.26 annualized dividend and a dividend yield of 3.4%. Duke Energy’s payout ratio is currently 65.24%.
Duke Energy News Summary
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Duke Energy continues to be viewed as a defensive stock, with articles pointing to it as a safer alternative during the ongoing rotation out of tech. 4 Defensive Stocks to Take Refuge in as Tech Sell-off Continues
- Positive Sentiment: Another market piece highlighted Duke Energy as an attractive blue-chip dividend/regulatory utility play, reinforcing its appeal to income-focused investors. Forget Coca-Cola, Choose Duke Energy
- Neutral Sentiment: Duke Energy announced it will report second-quarter 2026 results on Aug. 4, which is a near-term catalyst but not yet a fundamental update. Duke Energy to announce second-quarter 2026 financial results on Aug. 4
- Neutral Sentiment: Investor interest in DUK has picked up on Zacks, suggesting increased attention, but not a direct business development. Investors Heavily Search Duke Energy Corporation (DUK): Here is What You Need to Know
- Negative Sentiment: Florida regulators are casting doubt on Duke’s plan for serving AI data centers, creating uncertainty around a potentially important growth opportunity. Florida regulators cast doubt on Duke Energy’s data center plan
- Negative Sentiment: Duke’s North Carolina rate-hike request is facing pushback in hearings, with critics arguing the proposed increase is still too high; that could slow the company’s ability to lift regulated returns. Duke Energy seeks NC approval to raise rates in 7-hour long hearing
- Negative Sentiment: Goldman Sachs removing Duke Energy from its U.S. Conviction List may have added to sentiment pressure around the shares. Goldman Sachs Removes Duke Energy (DUK) from its US Conviction List
Wall Street Analyst Weigh In
Several equities research analysts recently commented on the company. Wall Street Zen raised Duke Energy from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. Capitol Sec Mgt lowered Duke Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Truist Financial cut their price target on Duke Energy from $142.00 to $137.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Mizuho reduced their price objective on shares of Duke Energy from $139.00 to $135.00 and set an “outperform” rating for the company in a research report on Thursday, June 18th. Finally, UBS Group lowered their price objective on shares of Duke Energy from $137.00 to $135.00 in a research note on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $138.33.
Check Out Our Latest Report on DUK
Insider Activity at Duke Energy
In related news, CEO Harry K. Sideris sold 20,000 shares of Duke Energy stock in a transaction on Friday, May 8th. The shares were sold at an average price of $124.37, for a total value of $2,487,400.00. Following the completion of the sale, the chief executive officer owned 96,102 shares of the company’s stock, valued at approximately $11,952,205.74. This trade represents a 17.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Louis E. Renjel sold 3,500 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $125.15, for a total transaction of $438,025.00. Following the sale, the chief executive officer owned 21,415 shares of the company’s stock, valued at $2,680,087.25. This trade represents a 14.05% decrease in their position. The SEC filing for this sale provides additional information. 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.
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