Cary Street Partners Financial LLC Decreases Holdings in Duke Energy Corporation $DUK

Cary Street Partners Financial LLC reduced its position in Duke Energy Corporation (NYSE:DUK) by 45.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,681 shares of the utilities provider’s stock after selling 28,373 shares during the period. Cary Street Partners Financial LLC’s holdings in Duke Energy were worth $4,168,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Duke Energy by 0.8% in the third quarter. Vanguard Group Inc. now owns 76,301,165 shares of the utilities provider’s stock worth $9,442,269,000 after purchasing an additional 584,382 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Duke Energy by 1.7% in the second quarter. Geode Capital Management LLC now owns 18,684,447 shares of the utilities provider’s stock worth $2,205,070,000 after buying an additional 319,001 shares during the last quarter. Laurel Wealth Advisors LLC grew its position in Duke Energy by 11,417.7% during the second quarter. Laurel Wealth Advisors LLC now owns 17,668,789 shares of the utilities provider’s stock valued at $2,084,917,000 after buying an additional 17,515,383 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Duke Energy by 0.4% during the second quarter. Charles Schwab Investment Management Inc. now owns 8,691,150 shares of the utilities provider’s stock valued at $1,025,244,000 after buying an additional 34,906 shares during the last quarter. Finally, Legal & General Group Plc raised its position in Duke Energy by 3.5% in the second quarter. Legal & General Group Plc now owns 6,338,489 shares of the utilities provider’s stock worth $747,942,000 after acquiring an additional 216,541 shares during the period. Hedge funds and other 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: Duke’s nuclear fleet set a reliability record in the Carolinas — supports grid stability and reduces outage-related costs, a clear operational positive for long-term earnings visibility. Duke Energy’s nuclear fleet sets reliability record in the Carolinas
• Positive Sentiment: Company expanding grid projects, microgrids and customer battery/solar programs and committing environmental grants — strategic investments that can improve reliability, encourage customer engagement and support future rate-base growth. This underpins valuation discussions for investors. Assessing Duke Energy (DUK) Valuation After New Grid Projects And Environmental Grants
• Positive Sentiment: Duke Energy Foundation commits $500,000 to environmental resilience projects in North Carolina (and a separate $10K community donation) — boosts ESG profile and local stakeholder relations, which can aid regulatory goodwill. Duke Energy Foundation commits $500,000 to support local environmental resilience programs across North Carolina Duke Energy donates $10K to New Hanover County Community Justice Center
• Neutral Sentiment: Planned infrastructure work (utility pole replacements in Swansboro) — routine maintenance/capex; supports reliability but increases near-term spend. Duke Energy to replace utility poles downtown Swansboro in early March, officials say
• Negative Sentiment: Insider selling: an SVP sold shares (Form 4 disclosed) and media flagged multiple insiders trimming holdings — can signal management liquidity needs or weaker insider conviction and may weigh on sentiment. SEC filing Top Duke Energy Insiders Quietly Unload a Major Chunk of Shares
• Negative Sentiment: Short interest jumped ~27.7% in February (now ~17.17M shares; ~2.2% of float) and a ~3.3 days-to-cover — indicates rising bearish positioning that can amplify downside on negative news and raise volatility. (Short interest data)
• Negative Sentiment: Regulatory and affordability scrutiny: Indiana Utility Regulatory Commission has opened an inquiry into energy affordability; local reporting also warns of an anticipated spike in customer disconnections after January storms — potential regulatory, reputational and collection risks that could pressure near-term results. Indiana Utility Regulatory Commission launching an inquiry into energy affordability Spike in Duke Energy disconnections anticipated after January winter storms
• Negative Sentiment: Customer billing/cost mishap in Cincinnati tied to a $14M issue raises concerns about possible rate impacts and customer backlash — another short-term headwind for sentiment and potential regulatory scrutiny. Duke’s $14 Million Oops Has Cincinnati Bracing For Bigger Power Bills

Insider Buying and Selling at Duke Energy

In other news, SVP Regis T. Repko sold 962 shares of Duke Energy stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $127.86, for a total value of $123,001.32. Following the sale, the senior vice president directly owned 3,896 shares of the company’s stock, valued at approximately $498,142.56. The trade was a 19.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Louis E. Renjel sold 6,800 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $127.67, for a total value of $868,156.00. Following the transaction, the chief executive officer directly owned 22,007 shares of the company’s stock, valued at approximately $2,809,633.69. The trade was a 23.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.14% of the company’s stock.

Duke Energy Stock Performance

NYSE DUK opened at $129.05 on Thursday. The company has a quick ratio of 0.33, a current ratio of 0.55 and a debt-to-equity ratio of 1.54. Duke Energy Corporation has a twelve month low of $111.22 and a twelve month high of $130.03. The business has a 50-day moving average price of $120.56 and a 200-day moving average price of $122.01. The firm has a market cap of $100.36 billion, a price-to-earnings ratio of 20.42, a price-to-earnings-growth ratio of 2.79 and a beta of 0.51.

Duke Energy (NYSE:DUK) last posted its quarterly earnings results on Monday, February 9th. The utilities provider reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. Duke Energy had a return on equity of 9.66% and a net margin of 15.41%.The company had revenue of $7.94 billion for the quarter, compared to analysts’ expectations of $7.57 billion. During the same period in the previous year, the firm earned $1.66 EPS. As a group, 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 announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 13th will be given a dividend of $1.065 per share. The ex-dividend date is Friday, February 13th. This represents a $4.26 dividend on an annualized basis and a dividend yield of 3.3%. Duke Energy’s dividend payout ratio is currently 67.41%.

Analyst Ratings Changes

DUK has been the subject of a number of recent research reports. Jefferies Financial Group boosted their price objective on shares of Duke Energy from $125.00 to $141.00 and gave the company a “hold” rating in a research report on Tuesday, February 17th. BTIG Research reissued a “buy” rating and set a $141.00 price target on shares of Duke Energy in a report on Friday, January 30th. Scotiabank upped their price target on Duke Energy from $137.00 to $146.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, December 16th. JPMorgan Chase & Co. lowered their price objective on Duke Energy from $136.00 to $126.00 and set a “neutral” rating on the stock in a research report on Thursday, December 11th. Finally, Barclays cut their price objective on Duke Energy from $135.00 to $127.00 and set an “overweight” rating for the company in a research note on Thursday, January 15th. Eleven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Duke Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $135.75.

About Duke Energy

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.