Dominion Energy Inc. $D Shares Acquired by Robbins Farley

Robbins Farley increased its holdings in shares of Dominion Energy Inc. (NYSE:D) by 23.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 75,989 shares of the utilities provider’s stock after purchasing an additional 14,534 shares during the period. Dominion Energy accounts for about 2.1% of Robbins Farley’s holdings, making the stock its 23rd biggest holding. Robbins Farley’s holdings in Dominion Energy were worth $4,698,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP lifted its stake in shares of Dominion Energy by 46.2% during the fourth quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock worth $2,633,253,000 after purchasing an additional 14,197,581 shares in the last quarter. Norges Bank acquired a new stake in shares of Dominion Energy in the fourth quarter valued at about $655,142,000. Capital Research Global Investors raised its holdings in shares of Dominion Energy by 22.4% during the 3rd quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock valued at $3,355,175,000 after buying an additional 10,049,691 shares during the period. Adage Capital Partners GP L.L.C. purchased a new stake in shares of Dominion Energy during the 4th quarter valued at about $125,495,000. Finally, State Street Corp lifted its position in Dominion Energy by 3.6% during the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock worth $2,848,662,000 after acquiring an additional 1,686,050 shares in the last quarter. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Scotiabank boosted their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research report on Monday, March 2nd. Bank of America upped their target price on shares of Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Finally, Morgan Stanley dropped their price target on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $67.69.

Dominion Energy Price Performance

Shares of NYSE D opened at $67.94 on Tuesday. Dominion Energy Inc. has a fifty-two week low of $54.25 and a fifty-two week high of $69.28. The business has a 50 day moving average price of $65.01 and a two-hundred day moving average price of $62.55. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. The firm has a market cap of $59.75 billion, a PE ratio of 20.10 and a beta of 0.65.

Dominion Energy (NYSE:D) last announced its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. The company had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.Dominion Energy’s quarterly revenue was up 23.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Sell-side analysts expect that Dominion Energy Inc. will post 3.59 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Friday, May 29th. Dominion Energy’s dividend payout ratio is 78.99%.

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.