DAVENPORT & Co LLC Has $26.50 Million Stock Position in Duke Energy Corporation $DUK

DAVENPORT & Co LLC increased its position in shares of Duke Energy Corporation (NYSE:DUK) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 226,094 shares of the utilities provider’s stock after acquiring an additional 8,669 shares during the quarter. DAVENPORT & Co LLC’s holdings in Duke Energy were worth $26,501,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in DUK. Brighton Jones LLC grew its position in Duke Energy by 11.6% during the 4th quarter. Brighton Jones LLC now owns 6,754 shares of the utilities provider’s stock worth $728,000 after purchasing an additional 700 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Duke Energy by 19.6% in the first quarter. Empowered Funds LLC now owns 23,162 shares of the utilities provider’s stock valued at $2,825,000 after purchasing an additional 3,797 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in shares of Duke Energy by 1.0% in the second quarter. Schnieders Capital Management LLC. now owns 31,238 shares of the utilities provider’s stock worth $3,686,000 after buying an additional 315 shares during the period. CreativeOne Wealth LLC grew its holdings in shares of Duke Energy by 12.0% during the second quarter. CreativeOne Wealth LLC now owns 12,404 shares of the utilities provider’s stock valued at $1,464,000 after buying an additional 1,326 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Duke Energy during the second quarter valued at $234,000. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Duke Energy Stock Performance

Shares of DUK stock opened at $128.08 on Thursday. Duke Energy Corporation has a fifty-two week low of $111.22 and a fifty-two week high of $134.49. The stock’s 50-day moving average is $125.93 and its two-hundred day moving average is $123.05. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.55 and a quick ratio of 0.33. The firm has a market cap of $99.66 billion, a P/E ratio of 20.27 and a beta of 0.50.

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

Duke Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 13th were given a $1.065 dividend. This represents a $4.26 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Friday, February 13th. Duke Energy’s payout ratio is currently 67.41%.

Analysts Set New Price Targets

Several brokerages recently issued reports on DUK. UBS Group increased their price objective on Duke Energy from $136.00 to $140.00 in a research note on Monday, March 9th. Royal Bank Of Canada dropped their target price on Duke Energy from $143.00 to $140.00 and set a “sector perform” rating on the stock in a report on Friday, January 23rd. Evercore reissued an “in-line” rating and issued a $139.00 price target on shares of Duke Energy in a research report on Thursday, March 5th. The Goldman Sachs Group boosted their price objective on shares of Duke Energy from $141.00 to $142.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Finally, Barclays dropped their price objective 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. Nine research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Duke Energy currently has a consensus rating of “Hold” and an average target price of $137.80.

Duke Energy News Summary

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

• Positive Sentiment: Q4 results and fundamentals showed resilience — Duke topped EPS expectations ($1.50 vs. $1.49) and posted revenue above estimates; the stock trades at a mid-20s P/E and analysts expect ~6.33 EPS for the year, supporting the rally. Duke Energy trading and earnings summary
• Positive Sentiment: Macro/strategic upside from Sunbelt footprint — analysis argues Duke’s Sunbelt assets position it to capture rising AI/data-center demand, which could drive incremental load and grid upgrade revenues. Duke Energy: Prime Sunbelt Assets Set It Up For AI Tailwinds
• Positive Sentiment: Duke Energy Florida customer relief programs reduce near-term bill pressure — storm cost charges were removed (lowering typical bills) and ~ $30.5M in assistance aided ~31k customers in 2025, which may reduce arrears and regulatory friction. Energy Bill Assistance Available for Qualified Duke Energy Florida Customers
• Neutral Sentiment: Customer relations/PR focus — coverage highlights efforts (with AES Indiana example) to rebuild customer trust and service reliability; execution on these initiatives matters but impact on near-term earnings is uncertain. AES Indiana and Duke Energy seek to rebuild trust with customers
• Neutral Sentiment: Sector peers show similar tailwinds — bullish takes on CenterPoint (CNP) and Ameren underline industry-wide demand for grid upgrades and data-center connections; these stories highlight shared opportunities and competitive dynamics. Here’s Why CNP Stock Deserves a Spot in Your Portfolio Right Now Ameren Poised for Growth on Rising Power Demand & Investments
• Negative Sentiment: Local opposition to data centers in Rowan County could delay interconnection approvals or raise costs — residents protested a Duke Energy hearing, signaling possible permitting, political and PR headwinds for new data-center hookups. ‘Nobody wants it here.’ Rowan County residents rail against data centers at Duke Energy hearing
• Negative Sentiment: Political and environmental pressure in North Carolina — town officials and groups are urging the governor to push Duke toward faster renewable adoption, which could increase near-term capex or regulatory constraints. NC town, environmental groups urge Gov. Stein to push Duke on renewable energy

Insider Buying and Selling at Duke Energy

In related news, SVP Regis T. Repko sold 962 shares of Duke Energy stock in a transaction 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. The trade was a 19.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Louis E. Renjel sold 6,800 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $127.67, for a total transaction of $868,156.00. Following the transaction, the chief executive officer directly 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 SEC filing for this sale provides additional information. Corporate insiders own 0.14% 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.