Rep. Dan Newhouse Buys Duke Energy Corporation (NYSE:DUK) Shares

Representative Dan Newhouse (Republican-Washington) recently bought shares of Duke Energy Corporation (NYSE:DUK). In a filing disclosed on July 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Duke Energy stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

Duke Energy Stock Down 0.8%

Duke Energy stock traded down $0.98 during trading hours on Tuesday, hitting $124.87. The stock had a trading volume of 638,449 shares, compared to its average volume of 3,909,141. The stock’s 50-day moving average price is $124.91 and its 200-day moving average price is $125.53. The stock has a market capitalization of $97.35 billion, a P/E ratio of 19.11, a price-to-earnings-growth ratio of 2.75 and a beta of 0.38. Duke Energy Corporation has a 12-month low of $113.89 and a 12-month high of $134.49. The company has a quick ratio of 0.44, a current ratio of 0.66 and a debt-to-equity ratio of 1.45.

Duke Energy (NYSE:DUK) last posted its quarterly earnings results on Monday, May 4th. The utilities provider reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $0.06. Duke Energy had a net margin of 15.49% and a return on equity of 9.73%. The firm had revenue of $9.18 billion for the quarter, compared to analysts’ expectations of $8.44 billion. During the same quarter in the prior year, the company posted $1.76 earnings per share. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. Equities research analysts anticipate that Duke Energy Corporation will post 6.72 EPS for the current fiscal year.

Duke Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be issued a $1.085 dividend. This represents a $4.34 annualized dividend and a yield of 3.5%. This is a boost from Duke Energy’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend is Friday, August 14th. Duke Energy’s dividend payout ratio is presently 65.24%.

Hedge Funds Weigh In On Duke Energy

Several large investors have recently added to or reduced their stakes in the company. Ables Iannone Moore & Associates Inc. raised its holdings in Duke Energy by 1.2% in the second quarter. Ables Iannone Moore & Associates Inc. now owns 6,623 shares of the utilities provider’s stock worth $838,000 after purchasing an additional 80 shares during the period. Sharp Wealth Advisory LLC increased its position in shares of Duke Energy by 4.5% in the 1st quarter. Sharp Wealth Advisory LLC now owns 1,876 shares of the utilities provider’s stock valued at $246,000 after buying an additional 81 shares in the last quarter. Absher Wealth Management LLC raised its stake in Duke Energy by 2.3% during the 1st quarter. Absher Wealth Management LLC now owns 3,648 shares of the utilities provider’s stock worth $478,000 after buying an additional 81 shares during the period. A4 Wealth Advisors LLC lifted its holdings in Duke Energy by 3.3% during the fourth quarter. A4 Wealth Advisors LLC now owns 2,597 shares of the utilities provider’s stock worth $304,000 after acquiring an additional 82 shares in the last quarter. Finally, CYBER HORNET ETFs LLC grew its stake in Duke Energy by 4.1% in the third quarter. CYBER HORNET ETFs LLC now owns 2,113 shares of the utilities provider’s stock valued at $261,000 after acquiring an additional 83 shares during the period. Hedge funds and other institutional investors own 65.31% of the company’s stock.

Insider Transactions at Duke Energy

In other news, CEO Louis E. Renjel sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $125.15, for a total value of $438,025.00. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Harry K. Sideris sold 20,000 shares of the stock in a transaction 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 sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.12% of the company’s stock.

Trending Headlines about Duke Energy

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

• Positive Sentiment: Duke Energy reached a settlement that would cut its requested North Carolina rate hike by more than half, easing a contentious approval process and reducing regulatory uncertainty for the utility. Duke Energy reaches deal to cut North Carolina rate hike by over half
• Positive Sentiment: The company and state regulators also agreed to a drastic reduction in the utility’s original rate-hike request, which may improve the odds of a faster resolution and keep Duke on track for future cost recovery. Duke Energy reaches North Carolina rate deal that would cut proposed increase by more than half
• Positive Sentiment: Separately, Duke Energy said it lowered its rate-hike request in North Carolina after public pushback, signaling it is willing to compromise to get a settlement approved. After public pushback, Duke Energy agrees to lower its proposed rate increases
• Neutral Sentiment: BMO Capital Markets lowered its price target on Duke Energy to $134 from $138, but kept an outperform rating, suggesting the analyst remains constructive on the shares despite the small valuation trim. Read More
• Negative Sentiment: Duke Energy also ended a wind lease off the North Carolina coast, which could be seen as a setback for its clean-energy expansion plans, although the direct financial impact appears limited for now. Duke Energy ends wind lease off NC coast. Lawmaker calls it a Trump ‘pattern’

Analysts Set New Price Targets

DUK has been the subject of several recent analyst reports. JPMorgan Chase & Co. boosted their price target on Duke Energy from $136.00 to $141.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Jefferies Financial Group reduced their price objective on Duke Energy from $143.00 to $138.00 in a report on Monday, May 11th. Wells Fargo & Company upped their target price on shares of Duke Energy from $135.00 to $136.00 and gave the company an “equal weight” rating in a research note on Monday, April 20th. BMO Capital Markets cut their price objective on Duke Energy from $138.00 to $134.00 and set an “outperform” rating for the company in a report on Monday. Finally, UBS Group lowered their target price on Duke Energy from $137.00 to $135.00 in a report on Monday, May 11th. Nine investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $138.47.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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.