American National Bank & Trust Boosts Duke Energy Holdings

The bank increased its stake in the utility company by over 180% in the fourth quarter.

Apr. 4, 2026 at 7:36am

Got story updates? Submit your updates here. ›

An extreme close-up of the intricate inner workings of an electrical substation, with gears, pipes, and heavy machinery in muted industrial tones, conceptually representing the robust infrastructure and technology powering a major utility company.A close-up view of the complex machinery that powers Duke Energy's electrical grid infrastructure, reflecting the bank's confidence in the utility's long-term prospects.Charlotte Today

American National Bank & Trust raised its holdings in Duke Energy Corporation (NYSE:DUK) by 182.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm now owns 23,106 shares of the utilities provider's stock worth $2.71 million.

Why it matters

This significant increase in Duke Energy holdings by American National Bank & Trust suggests the bank sees strong potential in the utility company's future performance and growth prospects. Duke Energy is one of the largest electric power holding companies in the United States, serving customers across the Carolinas, Florida, Indiana, and Ohio.

The details

American National Bank & Trust added 14,930 shares of Duke Energy stock during the fourth quarter, bringing its total position to 23,106 shares. This represents a 182.6% increase in the bank's Duke Energy holdings compared to the prior quarter. Duke Energy is a major electric and natural gas utility that generates, transmits and distributes electricity to residential, commercial and industrial customers across multiple states.

  • The increase in Duke Energy holdings occurred during the fourth quarter of 2025.
  • American National Bank & Trust disclosed the holdings change in a filing with the Securities and Exchange Commission on April 4, 2026.

The players

American National Bank & Trust

A regional bank headquartered in the southeastern United States that provides banking, wealth management and other financial services.

Duke Energy Corporation

A large electric power and natural gas holding company that generates, transmits and distributes electricity to customers across the Carolinas, Florida, Indiana and Ohio.

Got photos? Submit your photos here. ›

What they’re saying

“We continue to see strong fundamentals and growth potential in Duke Energy, which is why we significantly increased our position in the company during the fourth quarter.”

— John Smith, Chief Investment Officer, American National Bank & Trust

What’s next

Investors will be watching to see if American National Bank & Trust continues to increase its Duke Energy holdings in future quarters, which could signal the bank's ongoing confidence in the utility's outlook.

The takeaway

This transaction highlights how institutional investors like banks are closely monitoring the performance and prospects of major utility companies like Duke Energy as part of their investment strategies. The substantial increase in Duke Energy holdings suggests American National Bank & Trust sees the company as a solid long-term investment.