Concord Asset Management LLC VA Sells 10,532 Shares of Duke Energy Corporation $DUK

Concord Asset Management LLC VA reduced its holdings in shares of Duke Energy Corporation (NYSE:DUK) by 46.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,077 shares of the utilities provider’s stock after selling 10,532 shares during the quarter. Concord Asset Management LLC VA’s holdings in Duke Energy were worth $1,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of DUK. Pflug Koory LLC raised its holdings in shares of 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 purchasing an additional 79 shares during the last quarter. WealthShield Partners LLC grew its position in Duke Energy by 0.3% in the 2nd quarter. WealthShield Partners LLC now owns 25,453 shares of the utilities provider’s stock worth $3,003,000 after purchasing an additional 80 shares during the period. Cypress Wealth Services LLC raised its stake in Duke Energy by 1.7% during the 3rd quarter. Cypress Wealth Services LLC now owns 5,048 shares of the utilities provider’s stock valued at $625,000 after buying an additional 82 shares during the last quarter. EWA LLC lifted its holdings in shares of Duke Energy by 3.9% during the 3rd quarter. EWA LLC now owns 2,203 shares of the utilities provider’s stock valued at $273,000 after buying an additional 82 shares during the period. Finally, Private Wealth Asset Management LLC lifted its holdings in Duke Energy by 6.4% in the second quarter. Private Wealth Asset Management LLC now owns 1,408 shares of the utilities provider’s stock valued at $166,000 after acquiring an additional 85 shares during the period. 65.31% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on DUK shares. Barclays dropped their price target on shares of Duke Energy from $135.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, January 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Duke Energy in a research report on Monday, December 29th. Jefferies Financial Group decreased their target price on shares of Duke Energy from $126.00 to $125.00 and set a “hold” rating on the stock in a research note on Wednesday, January 14th. TD Cowen began coverage on shares of Duke Energy in a research report on Thursday, October 16th. They issued a “buy” rating and a $143.00 price target for the company. Finally, The Goldman Sachs Group increased their price objective on shares of Duke Energy from $138.00 to $141.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Eleven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $134.50.

Insider Buying and Selling

In other Duke Energy news, EVP Robert Alexander Glenn sold 8,200 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $123.80, for a total transaction of $1,015,160.00. Following the transaction, the executive vice president owned 11,367 shares in the company, valued at $1,407,234.60. The trade was a 41.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.14% of the stock is owned by insiders.

Duke Energy Trading Down 1.2%

Duke Energy stock opened at $121.91 on Friday. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.63 and a quick ratio of 0.40. The firm’s 50 day moving average price is $118.04 and its 200-day moving average price is $121.61. Duke Energy Corporation has a 1 year low of $110.51 and a 1 year high of $130.03. The stock has a market cap of $94.80 billion, a P/E ratio of 19.17, a PEG ratio of 2.68 and a beta of 0.51.

Duke Energy (NYSE:DUK) last issued its quarterly earnings data on Thursday, November 6th. The utilities provider reported $1.81 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.06. Duke Energy had a return on equity of 9.98% and a net margin of 15.76%.The firm had revenue of $8.54 billion during the quarter, compared to analyst estimates of $8.51 billion. During the same quarter last year, the business posted $1.62 earnings per share. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. On average, equities analysts predict that Duke Energy Corporation will post 6.33 earnings per share for the current fiscal year.

Duke Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 13th will be given a $1.065 dividend. The ex-dividend date is Friday, February 13th. This represents a $4.26 dividend on an annualized basis and a yield of 3.5%. Duke Energy’s dividend payout ratio (DPR) is currently 66.98%.

Duke Energy News Summary

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

• Positive Sentiment: Record winter power demand supports near‑term revenue and highlights resilience in core electric sales, which can help offset margin pressure. Duke Energy experiences record-breaking demand during winter storms
• Positive Sentiment: Duke Energy Foundation is investing $500,000 in North Carolina community colleges to strengthen the energy workforce — a long‑term positive for operations and hiring pipeline. Duke Energy invests $500,000 in North Carolina community colleges to strengthen energy workforce pipeline
• Positive Sentiment: Fortune again named Duke among the world’s most admired companies, which supports reputation and investor confidence around governance and culture. Duke Energy again named by Fortune one of World’s Most Admired Companies™
• Positive Sentiment: Analysts maintain a constructive view (average “Moderate Buy”), which can provide support if earnings meet expectations. Duke Energy Corporation (NYSE:DUK) Given Average Rating of “Moderate Buy” by Analysts
• Neutral Sentiment: Duke is entering negotiations with Clearwater on a possible new service agreement — a routine commercial development that could be revenue‑neutral or accretive depending on terms. Clearwater and Duke Energy begin negotiations on possible new service agreement
• Neutral Sentiment: Coverage explaining where bill donations go and charity programs increases transparency and community goodwill but has limited direct stock impact. Where your Duke Energy bill donation goes
• Neutral Sentiment: Previews note Q4 EPS may decline ~9% year‑over‑year despite revenue growth and resilient demand; that mixed outlook makes the upcoming results a key stock catalyst. Duke Energy to Release Q4 Earnings: How to Approach the Stock Now?
• Negative Sentiment: Shares are under pressure as the stock fell while the broader market rose, pointing to sector rotation or investor caution ahead of earnings and regulatory items. Duke Energy (DUK) stock sinks as market gains: What you should know
• Negative Sentiment: Regulatory/customer friction: some customers reacted negatively to Duke’s request to conserve energy during Carbon Plan proceedings — potential PR and regulatory risk if public pushback grows. Customers react to Duke’s request to conserve energy during Carbon Plan proceedings
• Negative Sentiment: Weather risk: Duke is preparing for potential power outages from high winds this weekend — outage restoration costs and service disruptions could pressure near‑term results. Duke Energy prepares for potential power outages due to high winds this weekend

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.