Invst LLC Purchases New Position in Dominion Energy Inc. $D

Invst LLC purchased a new stake in shares of Dominion Energy Inc. (NYSE:D) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 11,208 shares of the utilities provider’s stock, valued at approximately $765,000.

Several other institutional investors and hedge funds have also bought and sold shares of D. BlackRock Inc. bought a new stake in Dominion Energy in the second quarter valued at $4,986,439,000. Capital Research Global Investors raised its holdings in Dominion Energy by 9.0% in the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock worth $3,503,142,000 after purchasing an additional 4,940,692 shares in the last quarter. State Street Corp lifted its position in shares of Dominion Energy by 3.6% in the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock worth $2,848,662,000 after purchasing an additional 1,686,050 shares during the period. Wellington Management Group LLP boosted its stake in shares of Dominion Energy by 46.2% during the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock valued at $2,633,253,000 after purchasing an additional 14,197,581 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Dominion Energy by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock valued at $1,196,056,000 after purchasing an additional 314,932 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. BMO Capital Markets increased their price target on shares of Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 22nd. TD Cowen raised Dominion Energy from a “hold” rating to a “buy” rating and lifted their price objective for the company from $69.00 to $80.00 in a research report on Wednesday, August 19th. Truist Financial decreased their target price on Dominion Energy from $68.00 to $66.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. Royal Bank Of Canada raised their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 19th. Finally, UBS Group set a $80.00 price target on Dominion Energy in a research report on Wednesday, August 19th. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Dominion Energy presently has an average rating of “Hold” and an average target price of $69.93.

Dominion Energy Price Performance

D opened at $66.94 on Wednesday. The firm has a market cap of $58.87 billion, a PE ratio of 23.32 and a beta of 0.65. The stock has a 50-day moving average price of $69.16 and a 200-day moving average price of $65.72. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. Dominion Energy’s revenue was up 17.6% compared to the same quarter last year. During the same period last year, the business earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Sell-side analysts predict that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be given a $0.6675 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 4.0%. Dominion Energy’s dividend payout ratio is 93.03%.

Dominion Energy Company Profile

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.