Hudson Bay Capital Management LP Sells 89,126 Shares of Duke Energy Corporation $DUK

Hudson Bay Capital Management LP trimmed its position in Duke Energy Corporation (NYSE:DUK) by 92.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,510 shares of the utilities provider’s stock after selling 89,126 shares during the quarter. Hudson Bay Capital Management LP’s holdings in Duke Energy were worth $929,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DUK. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Duke Energy during the third quarter valued at $27,000. Wiser Advisor Group LLC acquired a new stake in Duke Energy during the third quarter worth about $34,000. Bare Financial Services Inc increased its holdings in shares of Duke Energy by 211.1% during the 3rd quarter. Bare Financial Services Inc now owns 280 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 190 shares in the last quarter. Imprint Wealth LLC purchased a new position in Duke Energy in the third quarter valued at $39,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Duke Energy in the 3rd quarter valued at about $39,000. 65.31% of the stock is currently owned by institutional investors.

Key Headlines Impacting Duke Energy

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

• Positive Sentiment: Duke’s clean-energy programs are gaining traction: the company placed the 10 MW Ebbie Solar project into service in South Carolina and its Renewable Choice program exceeded initial enrollment targets, supporting longer‑term growth in renewables. Duke Energy helps customers in South Carolina advance sustainability goals through expanded clean energy initiatives
• Positive Sentiment: Duke Energy Foundation announced grants to support lineworker training at several colleges and $500,000 for storm preparedness in North Carolina — initiatives that can ease operational risk and support reliability. Duke Energy partners with colleges to train next generation of lineworkers
• Positive Sentiment: Investor pieces highlighting Duke’s dividend appeal, infrastructure and renewable investment plans are drawing buyer interest, reinforcing the company’s long‑term utility income thesis. Here’s Why You Should Add Duke Energy Stock to Your Portfolio Now
• Neutral Sentiment: Duke rolled out customer-facing tools like the Usage Alerts program in Florida to help customers anticipate bills ahead of summer — a customer-relations and demand-management move that may blunt complaints if adopted broadly. Monitor energy use with alerts – ahead of the summer heat
• Neutral Sentiment: Duke publicly responded to a large customer petition calling for an audit of rates after high winter bills; the company’s response and any regulator engagement will matter for near‑term sentiment but outcomes are uncertain. Duke Energy responds to petition calling for bill audit
• Negative Sentiment: A massive power outage prompted multiple local reports; ongoing investigations into the cause raise short‑term reliability concerns and could weigh on sentiment and regulatory scrutiny. Duke Energy addressing cause of massive power outage
• Negative Sentiment: Nearly 50,000 customers signed petitions and local stories document spikes in winter bills, driving calls for audits and political/regulatory attention — a catalyst for investor concern about rate cases and reputational risk. Customers petition for audit of Duke Energy’s electric rates following sky-high winter bills
• Negative Sentiment: Regulatory pressure and customer backlash come as Duke faces plans to expand some fossil‑fuel capacity to meet rising demand — drawing criticism that could complicate permitting, permitting timelines and ESG perceptions. Duke Energy plan draws criticism for expanding fossil fuels to meet rising demand
• Negative Sentiment: Reports indicate Duke Energy Ohio may raise rates twice before summer, which signals utility revenue recovery but also higher customer bills and potential regulatory scrutiny across jurisdictions. Duke Energy Ohio Rates Expected to Rise Twice Before Summer

Insiders Place Their Bets

In related news, CEO Louis E. Renjel sold 6,800 shares of Duke Energy 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 directly owned 22,007 shares in the company, valued at $2,809,633.69. This trade represents a 23.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Regis T. Repko sold 962 shares of the business’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 completion of the sale, the senior vice president owned 3,896 shares of the company’s stock, valued at approximately $498,142.56. This represents a 19.80% decrease in their position. The SEC filing for this sale provides additional information. 0.14% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Royal Bank Of Canada cut 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 report on Friday, January 23rd. Jefferies Financial Group raised their target price on Duke Energy from $125.00 to $141.00 and gave the stock a “hold” rating in a research note on Tuesday, February 17th. Barclays cut their price target on shares of Duke Energy from $135.00 to $127.00 and set an “overweight” rating for the company in a report on Thursday, January 15th. UBS Group boosted their price objective on shares of Duke Energy from $136.00 to $140.00 in a report on Monday, March 9th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Duke Energy from $136.00 to $126.00 and set a “neutral” rating on the stock in a research note on Thursday, December 11th. Nine analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Duke Energy has an average rating of “Hold” and an average price target of $137.80.

Duke Energy Trading Down 2.2%

NYSE DUK opened at $126.95 on Monday. 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 firm has a market cap of $98.73 billion, a price-to-earnings ratio of 20.09 and a beta of 0.50. The firm has a 50 day simple moving average of $125.33 and a 200-day simple moving average of $122.93. Duke Energy Corporation has a one year low of $111.22 and a one year high of $134.49.

Duke Energy (NYSE:DUK) last released its earnings results on Monday, February 9th. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, topping 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 company had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.57 billion. During the same period in the prior year, the business earned $1.66 EPS. Equities research analysts anticipate that Duke Energy Corporation will post 6.33 EPS for the current fiscal year.

Duke Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 13th were given a $1.065 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $4.26 dividend on an annualized basis and a dividend yield of 3.4%. Duke Energy’s dividend payout ratio is currently 67.41%.

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.