Midwest Trust Co Boosts Stake in Duke Energy Corporation $DUK

Midwest Trust Co raised its position in Duke Energy Corporation (NYSE:DUK) by 4.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 135,091 shares of the utilities provider’s stock after buying an additional 5,403 shares during the period. Midwest Trust Co’s holdings in Duke Energy were worth $15,834,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. NewEdge Wealth LLC increased its stake in Duke Energy by 90.6% in the 4th quarter. NewEdge Wealth LLC now owns 11,374 shares of the utilities provider’s stock valued at $1,333,000 after buying an additional 5,408 shares during the last quarter. Stiles Financial Services Inc increased its stake in Duke Energy by 5.5% in the 4th quarter. Stiles Financial Services Inc now owns 25,433 shares of the utilities provider’s stock valued at $2,981,000 after buying an additional 1,320 shares during the last quarter. Vectors Research Management LLC increased its stake in Duke Energy by 1.5% in the 4th quarter. Vectors Research Management LLC now owns 20,998 shares of the utilities provider’s stock valued at $2,461,000 after buying an additional 301 shares during the last quarter. Denali Advisors LLC increased its stake in Duke Energy by 21.4% in the 4th quarter. Denali Advisors LLC now owns 4,531 shares of the utilities provider’s stock valued at $531,000 after buying an additional 799 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID increased its stake in Duke Energy by 35.0% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 324 shares of the utilities provider’s stock valued at $38,000 after buying an additional 84 shares during the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Jefferies Financial Group increased their price objective on shares of Duke Energy from $125.00 to $141.00 and gave the company a “hold” rating in a research note on Tuesday, February 17th. BTIG Research restated a “buy” rating and set a $141.00 price target on shares of Duke Energy in a research note on Friday, January 30th. Wall Street Zen upgraded shares of Duke Energy from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. Barclays raised their price target on shares of Duke Energy from $127.00 to $143.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 7th. Finally, Wells Fargo & Company raised their price target on shares of Duke Energy from $135.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $140.67.

Trending Headlines about Duke Energy

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

• Positive Sentiment: Duke Energy reported better-than-expected quarterly results recently, with EPS topping estimates and revenue coming in above forecasts, which supports the stock’s longer-term fundamentals. Duke Energy Corporation Just Beat EPS By 13%: Here’s What Analysts Think Will Happen Next
• Positive Sentiment: The company declared a quarterly dividend of $1.065 per share, reinforcing its appeal as a defensive income stock for investors seeking stable cash returns. Duke Energy announces dividend payments to shareholders
• Positive Sentiment: Wall Street coverage remains broadly constructive, with one recent analysis asking whether analysts are bullish on Duke Energy, suggesting the stock still has support from the sell side. Are Wall Street Analysts Bullish on Duke Energy Stock?
• Neutral Sentiment: BMO Capital Markets trimmed its price target slightly to $138 from $139, a modest change that does not materially alter the positive valuation outlook. BMO Capital adjusts price target on Duke Energy to $138 from $139
• Negative Sentiment: Political and regulatory scrutiny remains a drag, including protests linking Duke Energy to climate and governance concerns in North Carolina. Climate activists block governor’s mansion, call Stein ‘complicit’ with Duke Energy
• Negative Sentiment: News about a $90.5 million refund tied to storm-cost over-collection in Florida highlights ongoing customer and regulatory backlash that could pressure sentiment around future rate decisions. Duke Energy Florida customers to receive $90.5 million refund after storm cost over-collection

Insider Activity at Duke Energy

In other Duke Energy news, SVP Regis T. Repko sold 962 shares of the firm’s 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 directly owned 3,896 shares of the company’s stock, valued at $498,142.56. This trade represents a 19.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Louis E. Renjel sold 6,800 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $127.67, for a total transaction of $868,156.00. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. 0.12% of the stock is currently owned by company insiders.

Duke Energy Stock Down 0.6%

DUK opened at $124.10 on Friday. The company has a 50 day moving average of $129.72 and a 200 day moving average of $124.21. The company has a market cap of $96.75 billion, a PE ratio of 19.01 and a beta of 0.41. Duke Energy Corporation has a 12 month low of $111.22 and a 12 month high of $134.49. The company has a current ratio of 0.66, a quick ratio of 0.33 and a debt-to-equity ratio of 1.45.

Duke Energy (NYSE:DUK) last released its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.93 EPS for the quarter, topping the consensus estimate of $1.87 by $0.06. The company had revenue of $9.18 billion during the quarter, compared to the consensus estimate of $8.44 billion. Duke Energy had a net margin of 15.49% and a return on equity of 9.73%. Duke Energy’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period last year, the firm earned $1.76 EPS. Duke Energy has set its FY 2026 guidance at 6.550-6.80 EPS. On average, sell-side analysts expect that Duke Energy Corporation will post 6.7 EPS for the current year.

Duke Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Friday, May 15th will be issued a $1.065 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.26 annualized dividend and a yield of 3.4%. Duke Energy’s dividend payout ratio (DPR) is 65.24%.

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.