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

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 Price Performance

Shares of Duke Energy stock opened at $125.04 on Friday. Duke Energy Corporation has a 52 week low of $113.89 and a 52 week high of $134.49. The company has a current ratio of 0.66, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The stock has a market cap of $97.48 billion, a PE ratio of 19.15, a price-to-earnings-growth ratio of 2.75 and a beta of 0.38. The company’s 50-day moving average price is $124.89 and its two-hundred day moving average price is $125.42.

Duke Energy (NYSE:DUK) last announced its quarterly earnings data on Monday, May 4th. The utilities provider reported $1.93 EPS for the quarter, beating 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 return on equity of 9.73% and a net margin of 15.49%.The company’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.76 EPS. As a group, sell-side analysts anticipate that Duke Energy Corporation will post 6.72 EPS for the current fiscal year.

Duke Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Friday, August 14th will be given a dividend of $1.085 per share. This is a boost from Duke Energy’s previous quarterly dividend of $1.06. The ex-dividend date is Friday, August 14th. This represents a $4.34 annualized dividend and a dividend yield of 3.5%. Duke Energy’s payout ratio is 66.46%.

Hedge Funds Weigh In On Duke Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DUK. Basso Capital Management L.P. bought a new stake in Duke Energy in the fourth quarter worth $25,000. Dorato Capital Management acquired a new stake in shares of Duke Energy in the fourth quarter worth about $26,000. Evolution Wealth Management Inc. boosted its stake in shares of Duke Energy by 1,111.1% during the 4th quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 200 shares in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Duke Energy during the 3rd quarter valued at about $27,000. Finally, Triumph Capital Management boosted its position in Duke Energy by 68.6% during the fourth quarter. Triumph Capital Management now owns 231 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 94 shares during the period. Institutional investors own 65.31% of the company’s stock.

Insider Buying and Selling

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 shares were sold at an average price of $125.15, for a total transaction of $438,025.00. Following the completion of the sale, the chief executive officer directly owned 21,415 shares in the company, valued at $2,680,087.25. This represents a 14.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Harry K. Sideris sold 20,000 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $124.37, for a total value of $2,487,400.00. Following the transaction, the chief executive officer directly owned 96,102 shares of the company’s stock, valued at $11,952,205.74. This represents a 17.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.12% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Truist Financial boosted their price target on shares of Duke Energy from $137.00 to $138.00 and gave the company a “buy” rating in a report on Friday. Jefferies Financial Group cut their target price on shares of Duke Energy from $143.00 to $138.00 in a research note on Monday, May 11th. Morgan Stanley raised their target price on Duke Energy from $132.00 to $136.00 in a research report on Wednesday, June 24th. Capitol Sec Mgt lowered Duke Energy from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Finally, Wells Fargo & Company increased their price objective on Duke Energy from $135.00 to $136.00 and gave the stock 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 stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $138.73.

Key Headlines Impacting Duke Energy

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

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.