Focus Partners Advisor Solutions LLC purchased a new stake in shares of Dominion Energy Inc. (NYSE:D – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 12,077 shares of the utilities provider’s stock, valued at approximately $825,000.
A number of other large investors also recently modified their holdings of the company. Motiv8 Investments LLC bought a new stake in Dominion Energy during the 4th quarter worth approximately $25,000. Blueline Advisors LLC bought a new position in Dominion Energy in the 4th quarter valued at $28,000. Triumph Capital Management bought a new position in Dominion Energy in the 3rd quarter valued at $28,000. Costello Asset Management INC grew its position in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. Finally, Advocate Investing Services LLC bought a new position in shares of Dominion Energy in the fourth quarter worth $29,000. 73.04% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on D shares. Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Royal Bank Of Canada boosted their target price on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. BMO Capital Markets raised their price target on Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. Wall Street Zen downgraded Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Finally, Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $68.00.
Dominion Energy Stock Performance
NYSE D opened at $68.88 on Tuesday. Dominion Energy Inc. has a 52-week low of $55.85 and a 52-week high of $72.99. 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 company has a market capitalization of $60.58 billion, a P/E ratio of 24.00 and a beta of 0.65. The company has a fifty day moving average of $69.15 and a 200-day moving average of $65.45.
Dominion Energy (NYSE:D – Get Free Report) last announced its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The company had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.04 billion. During the same period in the previous year, the business earned $0.75 earnings per share. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities research analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current fiscal year.
Dominion Energy Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s dividend payout ratio (DPR) is currently 93.03%.
About Dominion Energy
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.
Recommended Stories
- Five stocks we like better than Dominion Energy
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.
