iA Global Asset Management Inc. Purchases 60,201 Shares of Duke Energy Corporation $DUK

iA Global Asset Management Inc. lifted its position in shares of Duke Energy Corporation (NYSE:DUK) by 53.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 172,690 shares of the utilities provider’s stock after purchasing an additional 60,201 shares during the period. iA Global Asset Management Inc.’s holdings in Duke Energy were worth $21,370,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Pflug Koory LLC boosted its stake in shares of Duke Energy by 3.0% in the 3rd quarter. Pflug Koory LLC now owns 2,694 shares of the utilities provider’s stock worth $333,000 after buying an additional 79 shares during the last quarter. WealthShield Partners LLC boosted its position in Duke Energy by 0.3% in the second 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 last quarter. Cypress Wealth Services LLC grew its stake in Duke Energy by 1.7% in the 3rd quarter. Cypress Wealth Services LLC now owns 5,048 shares of the utilities provider’s stock valued at $625,000 after purchasing an additional 82 shares during the period. Private Wealth Asset Management LLC grew its stake in Duke Energy by 6.4% in the 2nd quarter. Private Wealth Asset Management LLC now owns 1,408 shares of the utilities provider’s stock valued at $166,000 after purchasing an additional 85 shares during the period. Finally, Blossom Wealth Management increased its position in shares of Duke Energy by 3.5% during the 3rd quarter. Blossom Wealth Management now owns 2,530 shares of the utilities provider’s stock valued at $313,000 after purchasing an additional 85 shares during the last quarter. 65.31% of the stock is owned by institutional investors.

Insider Buying and Selling at Duke Energy

In other news, EVP Robert Alexander Glenn sold 8,200 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $123.80, for a total value of $1,015,160.00. Following the sale, the executive vice president directly owned 11,367 shares of the company’s stock, valued at approximately $1,407,234.60. This represents a 41.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.14% of the stock is currently owned by corporate insiders.

Duke Energy Stock Down 1.4%

Duke Energy stock opened at $117.66 on Friday. The firm has a 50 day simple moving average of $118.58 and a 200 day simple moving average of $121.38. The company has a current ratio of 0.63, a quick ratio of 0.40 and a debt-to-equity ratio of 1.54. Duke Energy Corporation has a 1-year low of $108.68 and a 1-year high of $130.03. The firm has a market capitalization of $91.50 billion, a price-to-earnings ratio of 18.50, a P/E/G ratio of 2.59 and a beta of 0.50.

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

Duke Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 13th will be issued a dividend of $1.065 per share. This represents a $4.26 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Friday, February 13th. Duke Energy’s payout ratio is presently 66.98%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Morgan Stanley restated an “underperform” rating and set a $130.00 price target on shares of Duke Energy in a research report on Wednesday. TD Cowen assumed coverage on shares of Duke Energy in a research note on Thursday, October 16th. They set a “buy” rating and a $143.00 price target for the company. Evercore ISI assumed coverage on shares of Duke Energy in a report on Monday, October 6th. They issued an “outperform” rating and a $143.00 price target on the stock. BMO Capital Markets reduced their price objective on Duke Energy from $136.00 to $130.00 and set an “outperform” rating for the company in a report on Tuesday, January 13th. Finally, Barclays decreased their target price on Duke Energy from $135.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Duke Energy currently has an average rating of “Moderate Buy” and a consensus price target of $135.13.

Trending Headlines about Duke Energy

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

• Positive Sentiment: Duke is actively preparing for Winter Storm Fern — mobilizing crews and urging Carolinas customers to prepare for multiday outages, which can shorten restoration times and limit longer-term operational disruptions. Duke Energy urges Carolinas customers to prepare for multiday outages from Winter Storm Fern
• Positive Sentiment: Company communications and public messaging (local outlets) emphasize readiness and customer guidance — a sign management is focused on operational response and customer relations during the storm. Duke Energy officials have a message ahead of the storm: get ready
• Neutral Sentiment: Zacks notes DUK as a trending stock and reports the share decline occurred even as the broader market ticked up — indicating the move may be driven more by stock-specific news (storm risk, customer/regulatory issues) than by sector weakness. Duke Energy (DUK) Stock Falls Amid Market Uptick: What Investors Need to Know
• Neutral Sentiment: Zacks also highlights DUK as a frequently-searched/trending name — higher attention can increase short-term volatility but isn’t a directional fundamental change. Duke Energy Corporation (DUK) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Multiple outlets warn of potential multiday outages and ice threats — extended outages raise the risk of higher repair costs, customer compensation, and short-term earnings pressure. Duke Energy warns of potential multiday outages this weekend
• Negative Sentiment: Local reporting highlights customer complaints about soaring bills — growing consumer frustration can attract regulatory scrutiny and hurt sentiment. Duke customers complain of soaring bills, and not just because of usage
• Negative Sentiment: There’s public notice allowing comments on a plan that would roll back some green goals — potential for regulatory backlash and negative ESG investor reaction. Public can comment on Duke Energy plan that rolls back green goals

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.