Advisors Management Group Inc. ADV grew its holdings in Duke Energy Corporation (NYSE:DUK – Free Report) by 187.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,293 shares of the utilities provider’s stock after acquiring an additional 51,088 shares during the period. Duke Energy comprises about 1.7% of Advisors Management Group Inc. ADV’s investment portfolio, making the stock its 14th biggest position. Advisors Management Group Inc. ADV’s holdings in Duke Energy were worth $9,177,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in Duke Energy by 0.8% during the third quarter. Vanguard Group Inc. now owns 76,301,165 shares of the utilities provider’s stock valued at $9,442,269,000 after buying an additional 584,382 shares during the last quarter. Northern Trust Corp raised its position in Duke Energy by 0.4% during the third quarter. Northern Trust Corp now owns 7,758,700 shares of the utilities provider’s stock valued at $960,139,000 after purchasing an additional 31,703 shares during the period. Franklin Resources Inc. lifted its stake in shares of Duke Energy by 4.1% in the 3rd quarter. Franklin Resources Inc. now owns 7,281,986 shares of the utilities provider’s stock valued at $901,146,000 after purchasing an additional 288,499 shares during the last quarter. Capital Research Global Investors boosted its stake in Duke Energy by 0.3% during the third quarter. Capital Research Global Investors now owns 5,033,225 shares of the utilities provider’s stock worth $622,862,000 after buying an additional 12,758 shares during the period. Finally, Mackenzie Financial Corp boosted its stake in shares of Duke Energy by 19.1% during the 2nd quarter. Mackenzie Financial Corp now owns 2,681,628 shares of the utilities provider’s stock worth $316,432,000 after purchasing an additional 430,458 shares during the period. Hedge funds and other institutional investors own 65.31% of the company’s stock.
Insiders Place Their Bets
In related 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 value of $868,156.00. Following the transaction, the chief executive officer directly owned 22,007 shares of the company’s stock, valued at $2,809,633.69. This represents a 23.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Regis T. Repko sold 962 shares of the stock in a transaction dated 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 directly owned 3,896 shares in the company, valued at $498,142.56. This represents a 19.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.14% of the stock is owned by insiders.
Duke Energy Stock Up 0.5%
Duke Energy (NYSE:DUK – Get Free Report) last posted its earnings results on Monday, February 9th. The utilities provider reported $1.50 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $7.57 billion. During the same quarter in the prior year, the company posted $1.66 earnings per share. On average, sell-side analysts predict that Duke Energy Corporation will post 6.33 EPS for the current fiscal year.
Duke Energy Dividend Announcement
The business also recently disclosed 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 3.3%. The ex-dividend date was Friday, February 13th. Duke Energy’s payout ratio is presently 67.41%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the company. Wall Street Zen raised Duke Energy from a “sell” rating to a “hold” rating in a research note on Saturday. Royal Bank Of Canada decreased their target price on Duke Energy from $143.00 to $140.00 and set a “sector perform” rating for the company in a research report on Friday, January 23rd. JPMorgan Chase & Co. dropped their price target 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. Barclays cut their price target on Duke Energy from $135.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, January 15th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Duke Energy in a report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company 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: South Carolina regulators approved Duke Energy’s plan to build a combined‑cycle natural gas plant in Anderson County — the company says construction could start in 2027 with service by ~2031, creating jobs and new rate‑base assets that support future earnings. Duke Energy secures approval for gas plant in South Carolina
- Neutral Sentiment: Duke is scouting multiple North Carolina sites (Davie/ Davidson/Yadkin River area) for additional natural‑gas units to meet demand — potential growth pipeline but subject to permitting, community feedback and capital allocation decisions. Davidson or Davie? Duke Energy eyes sites for twin natural gas plants
- Negative Sentiment: Rising Treasury yields could increase borrowing costs and pressure utility multiples, making Duke’s stock more volatile even as fundamentals stay steady — a macro headwind to watch for dividend investors. Duke Energy: Surging Treasury Yields Could Spark Volatility For This Utility
- Negative Sentiment: Local opposition is growing in several communities — homeowners on a lake are contesting dozens of pontoon platforms tied to Duke activity, and residents have also protested data‑center load growth at hearings — risks to permitting, timing and reputational capital. One lake and 200 pontoon platforms are pitting NC homeowners against Duke Energy Residents rail against data centers at Duke Energy hearing
- Neutral Sentiment: Questions over political influence in Florida and local advocacy could lead to regulatory scrutiny or shifting public relations needs; monitor state‑level developments that may affect approvals and rate cases. He beat an anti-utility campaign before. Is he helping Duke Energy Florida?
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.
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