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

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 Trading Up 0.6%

NYSE:DUK opened at $125.82 on Tuesday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.66. The firm’s fifty day moving average is $124.91 and its 200-day moving average is $125.53. Duke Energy Corporation has a 52 week low of $113.89 and a 52 week high of $134.49. The firm has a market cap of $98.09 billion, a P/E ratio of 19.27, a P/E/G ratio of 2.75 and a beta of 0.38.

Duke Energy (NYSE:DUK) last issued its earnings results on Monday, May 4th. The utilities provider reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.87 by $0.06. Duke Energy had a return on equity of 9.73% and a net margin of 15.49%.The business had revenue of $9.18 billion during the quarter, compared to the consensus estimate of $8.44 billion. During the same period in the previous year, the company posted $1.76 earnings per share. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. Equities analysts expect that Duke Energy Corporation will post 6.72 earnings per share for the current 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 given a dividend of $1.085 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $4.34 dividend on an annualized basis and a yield of 3.4%. This is a boost from Duke Energy’s previous quarterly dividend of $1.06. Duke Energy’s payout ratio is currently 65.24%.

Insider Activity at Duke Energy

In related news, CEO Harry K. Sideris sold 20,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 96,102 shares of the company’s stock, valued at approximately $11,952,205.74. This trade represents a 17.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Louis E. Renjel sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $125.15, for a total value of $438,025.00. Following the completion of the sale, the chief executive officer directly owned 21,415 shares of the company’s stock, valued at approximately $2,680,087.25. This represents a 14.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.12% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Weiss Ratings restated a “buy (b)” rating on shares of Duke Energy in a report on Monday, May 4th. Evercore lifted their price target on Duke Energy from $139.00 to $140.00 in a research note on Monday, May 11th. Morgan Stanley lifted their target price on Duke Energy from $132.00 to $136.00 in a research report on Wednesday, June 24th. BTIG Research reaffirmed a “buy” rating and set a $139.00 price objective on shares of Duke Energy in a report on Tuesday, June 2nd. Finally, BMO Capital Markets decreased their price target on Duke Energy from $138.00 to $134.00 and set an “outperform” rating for the company in a research report on Monday. Nine equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Duke Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $138.47.

Hedge Funds Weigh In On Duke Energy

Several hedge funds have recently made changes to their positions in the stock. Merit Financial Group LLC increased its position in shares of Duke Energy by 15.7% during the second quarter. Merit Financial Group LLC now owns 70,388 shares of the utilities provider’s stock valued at $8,910,000 after buying an additional 9,562 shares during the period. Intergy Private Wealth LLC boosted its holdings in Duke Energy by 16.1% in the 2nd quarter. Intergy Private Wealth LLC now owns 2,858 shares of the utilities provider’s stock valued at $362,000 after purchasing an additional 396 shares during the period. Diversified Trust Co. increased its holdings in shares of Duke Energy by 3.8% in the second quarter. Diversified Trust Co. now owns 12,644 shares of the utilities provider’s stock worth $1,601,000 after purchasing an additional 462 shares during the period. Cary Street Partners Financial LLC boosted its stake in Duke Energy by 14.9% during the second quarter. Cary Street Partners Financial LLC now owns 46,487 shares of the utilities provider’s stock valued at $5,884,000 after buying an additional 6,035 shares during the period. Finally, Rosenberg Matthew Hamilton increased its stake in Duke Energy by 15.4% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 3,100 shares of the utilities provider’s stock worth $392,000 after acquiring an additional 414 shares during the last quarter. 65.31% of the stock is currently owned by hedge funds and other institutional investors.

Key Duke Energy News

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

• Positive Sentiment: Duke Energy Carolinas and North Carolina officials reached a settlement that would substantially reduce the company’s proposed rate hike, which may lower regulatory risk and help move the case toward approval. Duke Energy reaches North Carolina rate deal that would cut proposed increase by more than half
• Positive Sentiment: BMO Capital Markets lowered its price target to $134 from $138 but kept an outperform rating, suggesting analysts still see upside in DUK despite the more cautious valuation view. BMO Capital Markets note on Duke Energy
• Neutral Sentiment: Other coverage repeated the same settlement theme, noting that Duke Energy lowered its initial request from 11.6% after public and regulatory pressure. Duke Energy Carolinas lowers rate hike request from 11.6%
• Neutral Sentiment: Additional reports described the revised North Carolina proposal as a “drastic cut” and a response to public pushback, reinforcing the same regulatory update rather than adding new financial details. Duke Energy, state agency agree on drastic cut to NC rate hike from initial ask
• Neutral Sentiment: Another article said Duke Energy agreed to lower proposed rate increases after pushback, which is likely to keep the stock focused on regulatory outcomes rather than fundamentals. After public pushback, Duke Energy agrees to lower its proposed rate increases
• Negative Sentiment: Reducing the size of the rate request may improve approval odds, but it also suggests Duke could receive less earnings support from the case than originally expected, limiting upside. Duke Energy Carolinas halves its rate hike request in new settlement

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.

About Duke Energy

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.