Dominion Energy Inc. $D Shares Acquired by Northstar Advisory Group LLC

Northstar Advisory Group LLC increased its stake in shares of Dominion Energy Inc. (NYSE:DFree Report) by 570.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 37,254 shares of the utilities provider’s stock after acquiring an additional 31,697 shares during the period. Northstar Advisory Group LLC’s holdings in Dominion Energy were worth $2,279,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of D. Barnes Wealth Management Group Inc lifted its position in shares of Dominion Energy by 4.4% during the second quarter. Barnes Wealth Management Group Inc now owns 3,970 shares of the utilities provider’s stock worth $224,000 after purchasing an additional 169 shares in the last quarter. Sovereign Financial Group Inc. lifted its holdings in Dominion Energy by 1.2% in the 3rd quarter. Sovereign Financial Group Inc. now owns 14,138 shares of the utilities provider’s stock worth $865,000 after buying an additional 169 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its position in Dominion Energy by 0.4% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 39,145 shares of the utilities provider’s stock valued at $2,394,000 after buying an additional 169 shares during the last quarter. SPC Financial Inc. grew its stake in shares of Dominion Energy by 1.4% during the second quarter. SPC Financial Inc. now owns 12,179 shares of the utilities provider’s stock valued at $688,000 after acquiring an additional 172 shares in the last quarter. Finally, Robinson Value Management Ltd. grew its stake in shares of Dominion Energy by 0.3% during the third quarter. Robinson Value Management Ltd. now owns 70,438 shares of the utilities provider’s stock valued at $4,309,000 after acquiring an additional 183 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

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Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. BMO Capital Markets reduced their price target on Dominion Energy from $67.00 to $65.00 and set a “market perform” rating for the company in a report on Monday, November 3rd. Wells Fargo & Company decreased their price target on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. JPMorgan Chase & Co. cut their price target on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a report on Thursday, December 11th. TD Cowen began coverage on shares of Dominion Energy in a research report on Friday, January 9th. They issued a “hold” rating and a $65.00 target price for the company. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $70.00 price objective on shares of Dominion Energy in a report on Tuesday, October 28th. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $64.33.

Check Out Our Latest Analysis on Dominion Energy

Dominion Energy Stock Performance

Shares of NYSE D opened at $60.22 on Tuesday. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 1.41. The firm’s 50-day moving average price is $59.68 and its two-hundred day moving average price is $59.94. Dominion Energy Inc. has a 52-week low of $48.07 and a 52-week high of $62.87. The stock has a market capitalization of $51.43 billion, a P/E ratio of 20.48, a P/E/G ratio of 1.61 and a beta of 0.72.

Dominion Energy (NYSE:DGet Free Report) last announced its quarterly earnings results on Friday, October 31st. The utilities provider reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.04. Dominion Energy had a return on equity of 9.60% and a net margin of 16.17%.The business had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.71 billion. During the same period in the prior year, the firm earned $0.98 EPS. The business’s quarterly revenue was up 14.9% on a year-over-year basis. Dominion Energy has set its FY 2025 guidance at 3.330-3.480 EPS. As a group, sell-side analysts forecast that Dominion Energy Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 27th will be issued a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, February 27th. Dominion Energy’s dividend payout ratio (DPR) is 90.82%.

Dominion Energy Company Profile

(Free Report)

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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