Sen. Tommy Tuberville Sells Off Duke Energy Corporation (NYSE:DUK) Stock

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

Duke Energy stock traded down $1.07 on Friday, hitting $125.04. The company’s stock had a trading volume of 4,887,959 shares, compared to its average volume of 3,326,180. The firm has a market cap of $97.48 billion, a P/E ratio of 19.15, a price-to-earnings-growth ratio of 2.75 and a beta of 0.38. The company has a quick ratio of 0.44, a current ratio of 0.66 and a debt-to-equity ratio of 1.45. The company has a fifty day moving average price of $124.89 and a 200-day moving average price of $125.42. Duke Energy Corporation has a one year low of $113.89 and a one year high of $134.49.

Duke Energy (NYSE:DUKGet Free Report) last released its quarterly earnings data on Monday, May 4th. The utilities provider reported $1.93 EPS for the quarter, topping analysts’ consensus estimates 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%. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the firm earned $1.76 EPS. On average, equities analysts anticipate that Duke Energy Corporation will post 6.72 earnings per share for the current year.

Duke Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be paid a dividend of $1.085 per share. This is an increase from Duke Energy’s previous quarterly dividend of $1.06. This represents a $4.34 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Friday, August 14th. Duke Energy’s dividend payout ratio is presently 65.24%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on DUK shares. Morgan Stanley upped their price objective on Duke Energy from $132.00 to $136.00 in a research note on Wednesday, June 24th. BMO Capital Markets decreased their price target on Duke Energy from $139.00 to $138.00 in a research note on Wednesday, May 6th. Jefferies Financial Group lowered their price target on Duke Energy from $143.00 to $138.00 in a research report on Monday, May 11th. UBS Group dropped their price objective on Duke Energy from $137.00 to $135.00 in a research note on Monday, May 11th. Finally, Wells Fargo & Company boosted their target price on shares of Duke Energy from $135.00 to $136.00 and gave the company an “equal weight” rating in a research note on Monday, April 20th. Nine equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Duke Energy has an average rating of “Moderate Buy” and an average target price of $138.73.

View Our Latest Analysis on Duke Energy

Institutional Investors Weigh In On Duke Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. World Investment Advisors grew its stake in Duke Energy by 62.7% in the fourth quarter. World Investment Advisors now owns 42,680 shares of the utilities provider’s stock valued at $5,003,000 after acquiring an additional 16,450 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Duke Energy by 22.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 132,530 shares of the utilities provider’s stock worth $15,534,000 after purchasing an additional 24,497 shares during the period. Moseley Investment Management Inc. lifted its holdings in shares of Duke Energy by 423.6% during the 4th quarter. Moseley Investment Management Inc. now owns 9,749 shares of the utilities provider’s stock valued at $1,143,000 after purchasing an additional 7,887 shares in the last quarter. Exchange Traded Concepts LLC lifted its holdings in shares of Duke Energy by 4.1% during the 4th quarter. Exchange Traded Concepts LLC now owns 359,829 shares of the utilities provider’s stock valued at $42,176,000 after purchasing an additional 14,137 shares in the last quarter. Finally, Advisors Management Group Inc. ADV increased its stake in Duke Energy by 187.8% during the 4th quarter. Advisors Management Group Inc. ADV now owns 78,293 shares of the utilities provider’s stock worth $9,177,000 after purchasing an additional 51,088 shares in the last quarter. 65.31% of the stock is owned by institutional investors and hedge funds.

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

Insider Buying and Selling

In related news, CEO Louis E. Renjel sold 3,500 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $125.15, for a total value of $438,025.00. Following the sale, the chief executive officer directly owned 21,415 shares of the company’s stock, valued at approximately $2,680,087.25. The trade was a 14.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Harry K. Sideris sold 20,000 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $124.37, for a total transaction 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 approximately $11,952,205.74. The trade was a 17.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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.

About Duke Energy

(Get Free Report)

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.

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