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

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 down $1.51 on Tuesday, reaching $114.34. 2,021,124 shares of the company were exchanged, compared to its average volume of 3,385,074. 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 company has a 50-day moving average of $119.48 and a 200-day moving average of $114.56. Duke Energy Co. has a 1-year low of $99.21 and a 1-year high of $125.27. The firm has a market cap of $88.87 billion, a price-to-earnings ratio of 20.02, a price-to-earnings-growth ratio of 2.79 and a beta of 0.39.

Duke Energy (NYSE:DUK - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The utilities provider reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.59 by $0.17. Duke Energy had a return on equity of 9.50% and a net margin of 14.90%. The company had revenue of $8.25 billion for the quarter, compared to analyst estimates of $7.70 billion. During the same period last year, the company earned $1.44 earnings per share. The company's quarterly revenue was up 7.5% compared to the same quarter last year. Equities analysts forecast that Duke Energy Co. will post 6.33 earnings per share for the current fiscal year.

Duke Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 16th will be given a dividend of $1.045 per share. The ex-dividend date is Friday, May 16th. This represents a $4.18 annualized dividend and a dividend yield of 3.66%. Duke Energy's dividend payout ratio is currently 69.32%.

Hedge Funds Weigh In On Duke Energy

Large investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. raised its position in Duke Energy by 4.1% in 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 position in shares of Duke Energy by 17.1% during the 4th quarter. Doliver Advisors LP now owns 9,736 shares of the utilities provider's stock worth $1,049,000 after purchasing an additional 1,423 shares during the last quarter. Diversified Trust Co lifted its stake in shares of Duke Energy by 9.6% in the 4th quarter. Diversified Trust Co now owns 7,819 shares of the utilities provider's stock valued at $843,000 after purchasing an additional 688 shares in the last quarter. Strathmore Capital Advisors Inc. purchased a new position in shares of Duke Energy during the 4th quarter valued at approximately $399,000. Finally, Peoples Bank KS raised its stake in Duke Energy by 17.7% during the fourth quarter. Peoples Bank KS now owns 2,765 shares of the utilities provider's stock valued at $298,000 after buying an additional 416 shares in the last quarter. 65.31% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the company. Citigroup raised their price objective on Duke Energy from $130.00 to $142.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. Barclays raised their price objective on Duke Energy from $111.00 to $123.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 8th. Wells Fargo & Company lifted their price target on shares of Duke Energy from $127.00 to $138.00 and gave the company an "overweight" rating in a research report on Wednesday, May 7th. Morgan Stanley raised their price objective on Duke Energy from $123.00 to $128.00 and gave the company an "equal weight" rating in a research note on Thursday, March 20th. Finally, Guggenheim boosted their target price on Duke Energy from $132.00 to $135.00 and gave the stock a "buy" rating in a research note on Wednesday, March 5th. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, Duke Energy presently has a consensus rating of "Moderate Buy" and a consensus 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.