Duke Energy: Vanguard reports 10% beneficial ownership stake

The Vanguard Group has filed an updated ownership report on Duke Energy Corp, disclosing beneficial ownership of 77,841,964 shares of common stock, representing 10% of the class as of the reported event date.

Accepted by SEC EDGAR 12/03/2025 - 11:12 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

The Vanguard Group has filed an updated ownership report on Duke Energy Corp, disclosing beneficial ownership of 77,841,964 shares of common stock, representing 10% of the class as of the reported event date.

Vanguard reports no sole voting power over the shares, but shared voting power over 5,017,211 shares. It has sole dispositive power over 69,916,680 shares and shared dispositive power over 7,925,284 shares, reflecting how the holdings are managed across its clients and funds.

The filing notes that Vanguard’s clients, including registered investment companies and other managed accounts, have the right to receive dividends and sale proceeds, and that no single other person has an interest in more than 5% of the Duke Energy shares reported. Vanguard also certifies that the securities are held in the ordinary course of business and not for the purpose of influencing control of Duke Energy.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Duke Energy (DUK) shares does The Vanguard Group beneficially own?

The Vanguard Group reports beneficial ownership of 77,841,964 Duke Energy common shares, representing 10% of the outstanding class.

What level of voting power does Vanguard report over Duke Energy (DUK) shares?

Vanguard reports 0 shares with sole voting power and 5,017,211 shares with shared voting power in Duke Energy.

What dispositive power does Vanguard have over its Duke Energy (DUK) position?

Vanguard has sole dispositive power over 69,916,680 Duke Energy shares and shared dispositive power over 7,925,284 shares.

Who ultimately benefits from Vanguard’s Duke Energy (DUK) holdings?

Vanguard states that its clients, including registered investment companies and other managed accounts, have rights to dividends and sale proceeds from the Duke Energy shares.

Is Vanguard’s Duke Energy (DUK) stake intended to influence control of the company?

Vanguard certifies that the Duke Energy securities were acquired and are held in the ordinary course of business and not for changing or influencing control of the issuer.

Does any other single investor have more than 5% interest in the Duke Energy (DUK) shares reported by Vanguard?

Vanguard states that no one other person has an interest in more than 5% of the Duke Energy securities reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 11)

Duke Energy Corp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

26441C204

(CUSIP Number)

11/28/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 26441C204

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,017,211.00
7	Sole Dispositive Power 69,916,680.00
8	Shared Dispositive Power 7,925,284.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

77,841,964.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Duke Energy Corp
(b)	Address of issuer's principal executive offices: 526 South Church St, Charlotte, NC, 28202
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd., Malvern, PA 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 26441C204
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 77841964
(b)	Percent of class: 10 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 5017211
	(iii) Sole power to dispose or to direct the disposition of: 69916680
	(iv) Shared power to dispose or to direct the disposition of: 7925284
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	12/03/2025