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

Key Points

• Sen. Tommy Tuberville sold Duke Energy shares worth between $15,001 and $50,000 on June 8, according to a filing disclosed July 16.
• Duke Energy recently raised its quarterly dividend to $1.085 per share, up from $1.06, implying a 3.4% annualized yield and reinforcing its income-stock appeal.
• The company also posted strong quarterly results, with earnings of $1.93 per share and revenue of $9.18 billion, both ahead of Wall Street expectations.

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

DUK opened at $125.99 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.66 and a quick ratio of 0.44. The stock's 50 day simple moving average is $124.87 and its 200 day simple moving average is $125.42. The firm has a market cap of $98.22 billion, a price-to-earnings ratio of 19.29 and a beta of 0.38. Duke Energy Corporation has a 1 year low of $113.89 and a 1 year high of $134.49.

Duke Energy (NYSE:DUK - Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The utilities provider reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.06. Duke Energy had a return on equity of 9.73% and a net margin of 15.49%.The firm had revenue of $9.18 billion during the quarter, compared to the consensus estimate of $8.44 billion. During the same quarter in the previous year, the company posted $1.76 earnings per share. The business's revenue was up 11.3% on a year-over-year basis. As a group, analysts predict that Duke Energy Corporation will post 6.71 earnings per share for the current year.

Duke Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Friday, August 14th will be given a dividend of $1.085 per share. This represents a $4.34 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, August 14th. This is a positive change from Duke Energy's previous quarterly dividend of $1.06. Duke Energy's dividend payout ratio is 65.24%.

More Duke Energy News

Here are the key news stories impacting Duke Energy this week:

• Positive Sentiment: Duke Energy boosted its quarterly dividend to $1.085 per share, a 1.9% increase from the prior payout, reinforcing its appeal as an income stock. PR Newswire dividend/program article
• Positive Sentiment: JPMorgan raised its price target on Duke Energy to $141 from $136, signaling continued confidence in the stock’s valuation and a modest upside from current levels. Benzinga price target article
• Positive Sentiment: Analysts continue to point to solid growth prospects, with recent commentary highlighting Duke’s contracted load and longer-term growth plan as credible support for earnings. Seeking Alpha contracted load article
• Neutral Sentiment: Duke Energy Florida said its EnergyWise Home program can provide customer bill credits with minimal effort, which is supportive of customer relations but not a major earnings driver. Yahoo Finance EnergyWise Home article
• Neutral Sentiment: Clearwater is set to vote on a 30-year Duke Energy deal, which could help preserve the utility’s local footprint but is still pending. Clearwater vote article
• Negative Sentiment: North Carolina’s attorney general is challenging Duke Energy Progress rate hikes, adding regulatory pressure and uncertainty around future revenue growth. Attorney general challenge article
• Negative Sentiment: Another report said the attorney general is seeking to block nearly $1 billion in Duke Energy rate hikes over the next two years, reinforcing the regulatory overhang. Yahoo News rate hikes article
• Negative Sentiment: A Greensboro outage affecting thousands of customers highlights ongoing operational reliability issues, though the number of impacted customers has since been cut roughly in half. Greensboro outage article

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Morgan Stanley upped their price target on shares of Duke Energy from $132.00 to $136.00 in a report on Wednesday, June 24th. BTIG Research restated a "buy" rating and issued a $139.00 price objective on shares of Duke Energy in a research report on Tuesday, June 2nd. Jefferies Financial Group lowered their price objective on shares of Duke Energy from $143.00 to $138.00 in a research note on Monday, May 11th. Truist Financial cut their target price on Duke Energy from $142.00 to $137.00 and set a "buy" rating on the stock in a research note on Monday, May 18th. Finally, Capitol Sec Mgt downgraded Duke Energy from a "strong-buy" rating to a "hold" rating in a report on Friday, April 10th. 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 MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $138.67.

Insider Transactions at Duke Energy

In related news, CEO Louis E. Renjel sold 3,500 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $125.15, for a total transaction of $438,025.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Harry K. Sideris sold 20,000 shares of the firm's stock in a transaction that occurred 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 sale, the chief executive officer owned 96,102 shares in the company, valued at $11,952,205.74. This represents a 17.23% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.12% of the company's stock.

Institutional Investors Weigh In On Duke Energy

Several institutional investors and hedge funds have recently modified their holdings of DUK. Basso Capital Management L.P. purchased a new position in shares of Duke Energy during the fourth quarter valued at about $25,000. Dorato Capital Management bought a new stake in Duke Energy in the fourth quarter worth $26,000. Evolution Wealth Management Inc. boosted its stake in Duke Energy by 1,111.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 218 shares of the utilities provider's stock worth $26,000 after purchasing an additional 200 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Duke Energy during the third quarter valued at approximately $27,000. Finally, Triumph Capital Management boosted its stake in Duke Energy by 68.6% during the 4th quarter. Triumph Capital Management now owns 231 shares of the utilities provider's stock valued at $27,000 after purchasing an additional 94 shares during the last quarter. 65.31% of the stock is owned by hedge funds and other institutional investors.

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.

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