Duke Energy Corporation $DUK Stock Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. trimmed its stake in shares of Duke Energy Corporation (NYSE:DUK - Free Report) by 2.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,708,214 shares of the utilities provider's stock after selling 48,760 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.22% of Duke Energy worth $194,753,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Evergreen Advisors LLC acquired a new stake in shares of Duke Energy during the 1st quarter valued at approximately $36,000. Livelsberger Financial Advisory bought a new position in Duke Energy during the third quarter worth $31,000. IAG Wealth Partners LLC boosted its holdings in Duke Energy by 154.6% in the first quarter. IAG Wealth Partners LLC now owns 275 shares of the utilities provider's stock worth $36,000 after purchasing an additional 167 shares during the period. Compass Wealth Management LLC bought a new position in shares of Duke Energy in the 3rd quarter worth about $33,000. Finally, Dynamic Wealth Strategies LLC bought a new position in shares of Duke Energy in the 1st quarter worth about $38,000. 65.31% of the stock is owned by institutional investors and hedge funds.

Duke Energy Stock Performance

Shares of DUK opened at $127.39 on Monday. The stock has a market cap of $99.33 billion, a PE ratio of 19.13, a PEG ratio of 2.97 and a beta of 0.33. Duke Energy Corporation has a 1 year low of $112.40 and a 1 year high of $134.49. The company has a current ratio of 0.66, a quick ratio of 0.43 and a debt-to-equity ratio of 1.47. The stock has a 50 day simple moving average of $119.11 and a 200-day simple moving average of $124.26.

Duke Energy (NYSE:DUK - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.13. The firm had revenue of $7.59 billion during the quarter, compared to analysts' expectations of $7.66 billion. Duke Energy had a net margin of 15.78% and a return on equity of 9.78%. The company's quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.25 EPS. On average, sell-side analysts predict that Duke Energy Corporation will post 6.72 EPS for the current fiscal year.

Duke Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Friday, November 13th will be paid a $1.0850 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $4.34 annualized dividend and a dividend yield of 3.4%. Duke Energy's dividend payout ratio (DPR) is currently 65.17%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DUK. Scotiabank dropped their target price on Duke Energy from $146.00 to $131.00 in a report on Wednesday, September 30th. Morgan Stanley increased their price target on Duke Energy from $127.00 to $128.00 and gave the company an "equal weight" rating in a research note on Wednesday, October 21st. BTIG Research reissued a "buy" rating on shares of Duke Energy in a report on Thursday, July 23rd. Mizuho set a $136.00 target price on Duke Energy in a report on Wednesday, August 5th. Finally, KeyCorp cut their target price on shares of Duke Energy from $139.00 to $128.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 13th. Nine equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Duke Energy presently has an average rating of "Moderate Buy" and a consensus price target of $132.19.

More Duke Energy News

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

• Positive Sentiment: Duke Energy was highlighted among five high-yield companies that raised their dividend payouts in 2026. Continued dividend growth reinforces the stock’s appeal to income-focused investors and signals confidence in future cash flow. 5 High-Yield Dividend Stocks That Raised Their Payouts in 2026
• Positive Sentiment: The company plans to seek a large-load tariff in South Carolina, potentially allowing it to better recover infrastructure costs from major electricity users such as data centers and industrial customers. The move could improve revenue visibility and support investment in grid capacity. Duke Energy to Seek Large Load Tariff for South Carolina
• Positive Sentiment: Duke Energy completed a 74.9-megawatt solar project in Florida, adding regulated renewable capacity and supporting its clean-energy transition. The project may contribute to long-term rate-base growth, although near-term earnings impact is likely limited. Duke Energy Completes Solar Project in Florida
• Positive Sentiment: Analysts expect earnings growth and see conditions that could support a beat in Duke Energy’s upcoming report, providing a near-term catalyst for the shares. Duke Energy Earnings Expected to Grow
• Positive Sentiment: Compared with Constellation Energy, Duke Energy offers a higher dividend yield, lower valuation and lower volatility, characteristics that may attract investors seeking defensive exposure rather than maximum growth. CEG vs. DUK
• Neutral Sentiment: Local reports described outages after vehicle accidents damaged utility equipment. These incidents are operationally routine and appear unlikely to materially affect Duke Energy’s investment outlook, though restoration costs and customer dissatisfaction remain risks. Duke Energy Reports Outages
• Neutral Sentiment: A contractor was hospitalized after an incident at Oxford Dam, creating a potential safety and liability issue but no reported material financial impact. Duke Energy Contractor Hospitalized
• Negative Sentiment: A report questioned Duke Energy’s North Carolina electricity-demand forecast. If projected demand growth is overstated, expected rate-base expansion and infrastructure returns could be less compelling. A disputed customer bill also adds limited reputational risk. Report Questions Duke Energy Demand Forecast

About Duke Energy

Duke Energy Corporation is an energy holding company that provides regulated electric and natural gas utility services in the United States. Its electric utilities generate, transmit, distribute and sell electricity to residential, commercial, industrial and other customers. The company's generation portfolio includes nuclear, natural gas, coal, hydroelectric and renewable energy resources.

Duke Energy serves customers primarily in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky.

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