NBT Bank N.A. bought a new position in Dominion Energy Inc. (NYSE:D – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 14,337 shares of the utilities provider’s stock, valued at approximately $868,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in Dominion Energy during the second quarter valued at $4,986,439,000. Bank of America Corp DE bought a new stake in shares of Dominion Energy during the 2nd quarter valued at $996,984,000. Bank of New York Mellon Corp bought a new stake in shares of Dominion Energy during the 2nd quarter valued at $697,388,000. Legal & General Group Plc purchased a new stake in shares of Dominion Energy in the 2nd quarter worth about $467,353,000. Finally, Pentwater Capital Management LP purchased a new stake in shares of Dominion Energy in the 2nd quarter worth about $239,015,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.
Dominion Energy Price Performance
Shares of NYSE:D opened at $65.25 on Friday. Dominion Energy Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $72.99. The business has a 50-day simple moving average of $64.02 and a two-hundred day simple moving average of $65.84. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. The firm has a market cap of $57.39 billion, a price-to-earnings ratio of 22.73, a price-to-earnings-growth ratio of 3.04 and a beta of 0.64.
Dominion Energy Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Sunday, September 20th. Investors of record on Friday, September 4th were issued a $0.6675 dividend. The ex-dividend date was Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 4.1%. Dominion Energy’s dividend payout ratio (DPR) is currently 93.03%.
Analyst Ratings Changes
D has been the subject of a number of recent research reports. UBS Group set a $80.00 price target on shares of Dominion Energy in a research report on Wednesday, August 19th. Wells Fargo & Company upgraded shares of Dominion Energy to a “strong-buy” rating in a report on Thursday, September 24th. Morgan Stanley decreased their target price on shares of Dominion Energy from $68.00 to $66.00 and set an “equal weight” rating for the company in a research note on Friday, September 18th. Scotiabank decreased their target price on shares of Dominion Energy from $67.00 to $63.00 and set a “sector perform” rating for the company in a research note on Wednesday, September 30th. Finally, Evercore lifted their target price on shares of Dominion Energy from $67.00 to $70.00 in a report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $69.27.
Check Out Our Latest Stock Analysis on Dominion Energy
Dominion Energy News Roundup
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Wall Street expects Dominion’s upcoming quarterly report to show earnings growth. Zacks says the company has a favorable Earnings ESP and other indicators that could support an earnings beat, potentially improving confidence in its outlook. Dominion Energy Reports Next Week: Wall Street Expects Earnings Growth
- Positive Sentiment: Virginia officials and local supervisors approved a proposed 3-gigawatt Dominion gas-fired power station. The project could expand Dominion’s generation capacity and support long-term rate-base growth, although construction and regulatory costs remain considerations. Virginia Officials Give Go-Ahead for 3-GW Dominion Energy Gas-Fired Power Station
- Positive Sentiment: NextEra Energy shareholders approved the proposed Dominion transaction, advancing the deal and potentially creating strategic and financial benefits if remaining approvals and execution milestones are completed. NextEra Q3 2026 Earnings Rise as Shareholders Approve Dominion Merger
Dominion Energy Company Profile
Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas distribution services to residential, commercial, industrial and governmental customers, primarily in Virginia and South Carolina.
The company operates a diversified power-generation portfolio that includes nuclear, natural gas, renewable energy and other resources. Its activities also include electricity transmission infrastructure, renewable energy development and natural gas utility operations.
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