Senator Tommy Tuberville (Republican-Alabama) recently sold shares of Duke Energy Corporation (NYSE:DUK). In a filing disclosed on July 16th, the Senator disclosed that they had sold between $15,001 and $50,000 in Duke Energy stock on June 8th.
Senator Tommy Tuberville also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 6/9/2026.
- Sold $15,001 – $50,000 in shares of American Water Works (NYSE:AWK) on 6/8/2026.
- Sold $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 6/8/2026.
- Sold $15,001 – $50,000 in shares of Lockheed Martin (NYSE:LMT) on 6/8/2026.
- Sold $15,001 – $50,000 in shares of Mastercard (NYSE:MA) on 6/8/2026.
- Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 6/8/2026.
- Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 6/8/2026.
- Sold $15,001 – $50,000 in shares of Procter & Gamble (NYSE:PG) on 6/8/2026.
- Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 6/8/2026.
Duke Energy Stock Performance
NYSE DUK traded down $1.07 on Friday, hitting $125.04. 4,887,959 shares of the stock traded hands, compared to its average volume of 3,326,180. Duke Energy Corporation has a 12 month low of $113.89 and a 12 month high of $134.49. The firm has a market capitalization of $97.48 billion, a price-to-earnings ratio of 19.15, a PEG ratio of 2.78 and a beta of 0.38. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.66. The business’s fifty day moving average is $124.89 and its two-hundred day moving average is $125.42.
Duke Energy Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be given a $1.085 dividend. This is a positive change from Duke Energy’s previous quarterly dividend of $1.06. This represents a $4.34 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Friday, August 14th. Duke Energy’s payout ratio is presently 65.24%.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on DUK shares. Evercore boosted their price target on shares of Duke Energy from $139.00 to $140.00 in a research report on Monday, May 11th. JPMorgan Chase & Co. increased their target price on Duke Energy from $136.00 to $141.00 and gave the company a “neutral” rating in a research note on Thursday. Wells Fargo & Company increased their price target on Duke Energy from $135.00 to $136.00 and gave the company an “equal weight” rating in a report on Monday, April 20th. BTIG Research reaffirmed a “buy” rating and set a $139.00 price target on shares of Duke Energy in a report on Tuesday, June 2nd. Finally, Jefferies Financial Group cut their target price on Duke Energy from $143.00 to $138.00 in a research report on Monday, May 11th. Nine research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $138.73.
Check Out Our Latest Research Report on Duke Energy
Key Duke Energy News
Here are the key news stories impacting Duke Energy this week:
- Positive Sentiment: Truist raised its price target on Duke Energy to $138 and reiterated a Buy rating, signaling confidence in the utility’s earnings outlook and suggesting meaningful upside from current levels. Benzinga report on Truist rating update
- Positive Sentiment: JPMorgan also lifted its price target to $141, even while keeping a Neutral rating, which still reflects expectations for solid longer-term value creation. Benzinga report on JPMorgan target increase
- Positive Sentiment: Recent commentary highlighted Duke Energy as one of the utilities best positioned for long-term growth thanks to its strong customer base and large capital expenditure program, with analysts pointing to contracted load and new demand from data centers as supportive of future earnings. Seeking Alpha article
- Neutral Sentiment: Duke Energy is expected to report second-quarter results next month, and analysts are looking for a modest earnings increase, keeping attention on whether the company can deliver on its growth plans. Barchart article
- Neutral Sentiment: Local coverage suggests Clearwater may renew its long-term electricity contract with Duke Energy, which would help preserve customer relationships and support revenue stability. Yahoo Finance article
- Negative Sentiment: North Carolina’s attorney general is challenging proposed Duke Energy Progress rate increases, adding another regulatory hurdle that could limit future pricing power and earnings growth. MSN article
- Negative Sentiment: Additional reports say AG Jeff Jackson is seeking to block nearly $1 billion in Duke Energy rate hikes over the next two years, reinforcing investor concerns about regulatory pushback on returns. Yahoo News article
Hedge Funds Weigh In On Duke Energy
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Ables Iannone Moore & Associates Inc. raised its position in Duke Energy by 1.2% during the second quarter. Ables Iannone Moore & Associates Inc. now owns 6,623 shares of the utilities provider’s stock worth $838,000 after acquiring an additional 80 shares during the period. Sharp Wealth Advisory LLC grew its stake in shares of Duke Energy by 4.5% in the 1st quarter. Sharp Wealth Advisory LLC now owns 1,876 shares of the utilities provider’s stock valued at $246,000 after buying an additional 81 shares during the period. Absher Wealth Management LLC increased its stake in Duke Energy by 2.3% during the first quarter. Absher Wealth Management LLC now owns 3,648 shares of the utilities provider’s stock worth $478,000 after acquiring an additional 81 shares during the last quarter. A4 Wealth Advisors LLC raised its holdings in Duke Energy by 3.3% in the 4th quarter. A4 Wealth Advisors LLC now owns 2,597 shares of the utilities provider’s stock valued at $304,000 after buying an additional 82 shares during the period. Finally, Elm Partners Management LLC lifted its holdings in shares of Duke Energy by 0.9% in the 4th quarter. Elm Partners Management LLC now owns 9,254 shares of the utilities provider’s stock worth $1,085,000 after acquiring an additional 83 shares during the last quarter. Institutional investors and hedge funds own 65.31% of the company’s stock.
Insider Activity at Duke Energy
In other Duke Energy news, CEO Louis E. Renjel sold 3,500 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $125.15, for a total transaction of $438,025.00. Following the sale, the chief executive officer owned 21,415 shares in the company, valued at $2,680,087.25. This represents a 14.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Harry K. Sideris sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $124.37, for a total value of $2,487,400.00. Following the completion of the transaction, the chief executive officer directly owned 96,102 shares of the company’s stock, valued at $11,952,205.74. This trade represents a 17.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.12% of the company’s stock.
About Senator Tuberville
Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.
Duke Energy Company 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.
Featured Articles
- Five stocks we like better than Duke Energy
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Receive News & Ratings for Duke Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duke Energy and related companies with MarketBeat.com's FREE daily email newsletter.
