Duke Energy (NYSE:DUK) Stock Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Duke Energy Co. NYSE: DUK. In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Duke Energy stock on May 5th. The trade occurred in the Representative's "MARJORIE IRA" account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Occidental Petroleum NYSE: OXY on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of MercadoLibre NASDAQ: MELI on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BHP Group NYSE: BHP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 5/5/2025.

Duke Energy Price Performance

Shares of NYSE:DUK traded up $0.31 during midday trading on Friday, reaching $120.31. 3,036,352 shares of the company were exchanged, compared to its average volume of 3,378,097. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of 1.52. The stock has a market cap of $93.51 billion, a PE ratio of 21.07, a price-to-earnings-growth ratio of 2.79 and a beta of 0.39. The business's fifty day moving average is $119.48 and its two-hundred day moving average is $114.64. Duke Energy Co. has a one year low of $99.21 and a one year high of $125.27.

Duke Energy (NYSE:DUK - Get Free Report) last issued its earnings results on Tuesday, May 6th. The utilities provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.17. Duke Energy had a return on equity of 9.50% and a net margin of 14.90%. The firm had revenue of $8.25 billion for the quarter, compared to analysts' expectations of $7.70 billion. During the same period in the previous year, the firm posted $1.44 earnings per share. The business's revenue was up 7.5% compared to the same quarter last year. As a group, analysts predict that Duke Energy Co. will post 6.33 earnings per share for the current year.

Duke Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 16th will be issued a $1.045 dividend. This represents a $4.18 annualized dividend and a dividend yield of 3.47%. The ex-dividend date is Friday, May 16th. Duke Energy's dividend payout ratio (DPR) is presently 69.32%.

Institutional Investors Weigh In On Duke Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. raised its position in Duke Energy by 4.1% during the 3rd quarter. Principal Financial Group Inc. now owns 960,178 shares of the utilities provider's stock valued at $110,709,000 after purchasing an additional 37,453 shares in the last quarter. Doliver Advisors LP raised its holdings in shares of Duke Energy by 17.1% in the fourth quarter. Doliver Advisors LP now owns 9,736 shares of the utilities provider's stock valued at $1,049,000 after acquiring an additional 1,423 shares in the last quarter. Diversified Trust Co lifted its stake in Duke Energy by 9.6% in the fourth quarter. Diversified Trust Co now owns 7,819 shares of the utilities provider's stock worth $843,000 after acquiring an additional 688 shares during the period. Strathmore Capital Advisors Inc. bought a new position in Duke Energy during the 4th quarter worth about $399,000. Finally, Peoples Bank KS increased its position in Duke Energy by 17.7% during the 4th quarter. Peoples Bank KS now owns 2,765 shares of the utilities provider's stock valued at $298,000 after purchasing an additional 416 shares during the period. Institutional investors own 65.31% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of Duke Energy from $114.00 to $121.00 and gave the company a "neutral" rating in a research note on Tuesday, March 11th. BMO Capital Markets lowered their price target on shares of Duke Energy from $128.00 to $123.00 and set an "outperform" rating for the company in a report on Thursday, April 10th. UBS Group boosted their price objective on Duke Energy from $123.00 to $127.00 and gave the stock a "neutral" rating in a research note on Friday, March 21st. Jefferies Financial Group raised their price objective on Duke Energy from $129.00 to $132.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Finally, Barclays boosted their target price on Duke Energy from $111.00 to $123.00 and gave the company an "overweight" rating in a research report on Tuesday, April 8th. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $126.00.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

About Duke Energy

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest.