SteelPeak Wealth LLC trimmed its holdings in shares of Duke Energy Corporation (NYSE:DUK – Free Report) by 90.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,370 shares of the utilities provider’s stock after selling 33,545 shares during the period. SteelPeak Wealth LLC’s holdings in Duke Energy were worth $395,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of Duke Energy by 11.6% in the 4th quarter. Brighton Jones LLC now owns 6,754 shares of the utilities provider’s stock worth $728,000 after buying an additional 700 shares in the last quarter. Empowered Funds LLC boosted its stake in Duke Energy by 19.6% in the 1st quarter. Empowered Funds LLC now owns 23,162 shares of the utilities provider’s stock valued at $2,825,000 after buying an additional 3,797 shares in the last quarter. Schnieders Capital Management LLC. grew its position in Duke Energy by 1.0% in the second quarter. Schnieders Capital Management LLC. now owns 31,238 shares of the utilities provider’s stock valued at $3,686,000 after acquiring an additional 315 shares during the period. XTX Topco Ltd acquired a new position in Duke Energy during the second quarter worth $234,000. Finally, CW Advisors LLC raised its stake in Duke Energy by 5.0% during the second quarter. CW Advisors LLC now owns 27,143 shares of the utilities provider’s stock worth $3,080,000 after acquiring an additional 1,294 shares in the last quarter. Institutional investors own 65.31% of the company’s stock.
Trending Headlines about Duke Energy
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Investor/analyst bullishness driven by clean‑energy and nuclear strength — recent coverage highlights that DUK has risen materially over the past months on a story of nuclear stability and aggressive renewable expansion, supporting the stock’s momentum. Duke Energy Stock Rises 11.7% in 3 Months: Should You Buy Now?
- Positive Sentiment: Utilities sector strength and defensive flows (e.g., VPU outperformance) are supporting investor demand for regulated names like Duke. This sector tailwind can help stabilize the stock amid company‑specific noise. VPU Is Up 7% While the S&P 500 Falls…
- Neutral Sentiment: Spire has closed the acquisition of Piedmont Natural Gas (previously part of Duke’s asset sales), which reduces Duke’s gas footprint but provides cash proceeds management can redeploy or use to shore up the balance sheet—net effect depends on how proceeds are used. Spire Closes Piedmont Natural Gas Acquisition, Expands in Tennessee
- Neutral Sentiment: Community and safety outreach (811 safe‑digging campaigns with Piedmont) and PR items continue; positive for regulatory relations but unlikely to move fundamentals materially. Duke Energy, Piedmont highlight 811 safety during digging season
- Neutral Sentiment: Operational/legal misc.: Duke sued over abandoned boats on Lake Norman — mostly a localized legal/reputational matter with limited broad financial impact. Duke Energy sues over abandoned boats on Lake Norman
- Negative Sentiment: Rate‑hike proposal faces heavy backlash at North Carolina Utilities Commission hearings — large turnout of angry customers and local officials increases the risk of rate relief being scaled back or delayed, a direct regulatory threat to near‑term revenue recovery. Duke Energy rate hike proposal draws backlash at NCUC hearings
- Negative Sentiment: Strong consumer pushback in North Carolina — profiles of customers saying they can’t afford higher bills amplify political/regulatory pressure and could influence the NCUC’s final decision. ‘There are days I don’t even turn anything on.’ Ratepayers push back against Duke Energy Progress rate hikes
- Negative Sentiment: NC Utilities Commission will formally consider Duke’s rate request — that formal regulatory review is a binary event: approval as filed would boost earnings; modifications or delays would be a headwind, so outcome uncertainty is weighing on sentiment. NC Utilities Commission to consider Duke Energy’s request for rate hike
Analysts Set New Price Targets
Read Our Latest Research Report on DUK
Insider Activity at Duke Energy
In other Duke Energy news, CEO Louis E. Renjel sold 6,800 shares of the company’s 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 owned 22,007 shares of the company’s stock, valued at approximately $2,809,633.69. This represents a 23.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Regis T. Repko sold 962 shares of the 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 transaction, the senior vice president owned 3,896 shares in the company, valued at $498,142.56. The trade was a 19.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.14% of the stock is owned by corporate insiders.
Duke Energy Stock Performance
Shares of NYSE:DUK opened at $132.28 on Monday. The business has a fifty day moving average of $127.65 and a 200-day moving average of $123.55. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.33 and a current ratio of 0.55. Duke Energy Corporation has a twelve month low of $111.22 and a twelve month high of $134.49. The firm has a market cap of $102.93 billion, a PE ratio of 20.93 and a beta of 0.46.
Duke Energy (NYSE:DUK – Get Free Report) last issued its quarterly earnings results on Monday, February 9th. The utilities provider reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.01. Duke Energy had a net margin of 15.41% and a return on equity of 9.66%. The business had revenue of $7.94 billion for the quarter, compared to the consensus estimate of $7.57 billion. During the same quarter in the prior year, the company earned $1.66 EPS. On average, equities research analysts predict that Duke Energy Corporation will post 6.33 EPS for the current fiscal year.
Duke Energy Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 13th were paid a dividend of $1.065 per share. This represents a $4.26 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, February 13th. Duke Energy’s dividend payout ratio is 67.41%.
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.
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