Duke Energy (NYSE:DUK) Stock Unloaded Sen. Tommy Tuberville

Senator Tommy Tuberville (R-Alabama) recently sold shares of Duke Energy Co. (NYSE:DUK). In a filing disclosed on May 15th, the Senator disclosed that they had sold between $15,001 and $50,000 in Duke Energy stock on April 15th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of Bristol-Myers Squibb (NYSE:BMY) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of PayPal (NASDAQ:PYPL) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Constellation Brands (NYSE:STZ) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/15/2025.
• Purchased $50,001 – $100,000 in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Mastercard (NYSE:MA) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 4/15/2025.

Duke Energy Stock Up 3.0%

DUK opened at $115.82 on Friday. The company has a fifty day moving average price of $119.32 and a 200-day moving average price of $114.53. The firm has a market capitalization of $90.02 billion, a P/E ratio of 20.28, a price-to-earnings-growth ratio of 2.79 and a beta of 0.39. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.67 and a quick ratio of 0.44. Duke Energy Co. has a one year low of $99.21 and a one year high of $125.27.

Duke Energy (NYSE:DUK) last released 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. The firm had revenue of $8.25 billion during the quarter, compared to analyst estimates of $7.70 billion. Duke Energy had a net margin of 14.90% and a return on equity of 9.50%. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.44 EPS. Equities research analysts expect that Duke Energy Co. will post 6.33 earnings per share for the current fiscal year.

Duke Energy Announces Dividend

The company also recently declared 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 of this dividend is Friday, May 16th. This represents a $4.18 dividend on an annualized basis and a dividend yield of 3.61%. Duke Energy’s dividend payout ratio (DPR) is currently 69.32%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DUK. Guggenheim boosted their price target on shares of Duke Energy from $132.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, March 5th. Barclays upped their target price on shares of Duke Energy from $111.00 to $123.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 8th. JPMorgan Chase & Co. upped their target price on shares of Duke Energy from $114.00 to $121.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 11th. Wells Fargo & Company upped their target price on shares of Duke Energy from $127.00 to $138.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 7th. Finally, Citigroup upped their target price on shares of Duke Energy from $130.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, May 7th. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Duke Energy currently has an average rating of “Moderate Buy” and an average price target of $126.00.

Institutional Trading of Duke Energy

Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in shares of Duke Energy by 2.3% during the first quarter. Vanguard Group Inc. now owns 74,562,000 shares of the utilities provider’s stock valued at $9,094,327,000 after acquiring an additional 1,676,061 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Duke Energy by 0.7% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 18,097,796 shares of the utilities provider’s stock valued at $1,949,857,000 after acquiring an additional 124,863 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Duke Energy by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 17,873,788 shares of the utilities provider’s stock valued at $1,930,833,000 after acquiring an additional 385,612 shares during the last quarter. GQG Partners LLC raised its stake in shares of Duke Energy by 17,880.0% during the first quarter. GQG Partners LLC now owns 10,249,508 shares of the utilities provider’s stock valued at $1,250,133,000 after acquiring an additional 10,192,503 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of Duke Energy by 4.9% during the first quarter. Royal Bank of Canada now owns 8,921,517 shares of the utilities provider’s stock valued at $1,088,158,000 after acquiring an additional 418,014 shares during the last quarter. 65.31% of the stock is owned by 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.

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.