Dominion Energy Inc. $D Shares Bought by ANTIPODES PARTNERS Ltd

ANTIPODES PARTNERS Ltd raised its position in Dominion Energy Inc. (NYSE:D) by 239.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,051 shares of the utilities provider’s stock after acquiring an additional 1,447 shares during the quarter. ANTIPODES PARTNERS Ltd’s holdings in Dominion Energy were worth $116,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Dominion Energy by 1.7% in the first quarter. Vanguard Group Inc. now owns 91,079,415 shares of the utilities provider’s stock valued at $5,106,823,000 after acquiring an additional 1,565,459 shares in the last quarter. Dodge & Cox grew its position in Dominion Energy by 3.0% in the first quarter. Dodge & Cox now owns 23,308,378 shares of the utilities provider’s stock valued at $1,306,901,000 after acquiring an additional 685,245 shares in the last quarter. Wellington Management Group LLP grew its position in Dominion Energy by 19.4% in the first quarter. Wellington Management Group LLP now owns 17,744,198 shares of the utilities provider’s stock valued at $994,917,000 after acquiring an additional 2,882,252 shares in the last quarter. Bank of New York Mellon Corp grew its position in Dominion Energy by 6.3% in the first quarter. Bank of New York Mellon Corp now owns 15,878,683 shares of the utilities provider’s stock valued at $890,318,000 after acquiring an additional 939,835 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in Dominion Energy by 12.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 14,091,155 shares of the utilities provider’s stock valued at $790,092,000 after acquiring an additional 1,552,985 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Stock Performance

Dominion Energy stock opened at $58.73 on Friday. The company has a market cap of $50.12 billion, a PE ratio of 20.25, a P/E/G ratio of 2.13 and a beta of 0.62. The company has a fifty day moving average price of $60.22 and a two-hundred day moving average price of $57.99. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.67 and a quick ratio of 0.49. Dominion Energy Inc. has a 12 month low of $48.07 and a 12 month high of $62.52.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Friday, October 31st. The utilities provider reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.04. The firm had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.71 billion. Dominion Energy had a net margin of 16.45% and a return on equity of 9.68%. The firm’s revenue was up 14.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.98 earnings per share. Dominion Energy has set its FY 2025 guidance at 3.330-3.480 EPS. Research analysts expect that Dominion Energy Inc. will post 3.39 earnings per share for the current year.

Dominion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, December 20th. Shareholders of record on Friday, December 5th will be issued a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Friday, December 5th. Dominion Energy’s payout ratio is currently 92.07%.

Analysts Set New Price Targets

D has been the subject of a number of recent analyst reports. BTIG Research initiated coverage on shares of Dominion Energy in a research report on Wednesday, October 22nd. They set a “neutral” rating for the company. Royal Bank Of Canada reissued a “sector perform” rating and set a $70.00 price target on shares of Dominion Energy in a research report on Tuesday, October 28th. Morgan Stanley raised their price target on shares of Dominion Energy from $63.00 to $66.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Dominion Energy in a research report on Wednesday, October 8th. Finally, Barclays raised their price target on shares of Dominion Energy from $60.00 to $63.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $63.78.

Insider Buying and Selling

In other Dominion Energy news, CEO Robert M. Blue acquired 4,152 shares of the firm’s stock in a transaction on Wednesday, August 27th. The stock was purchased at an average price of $60.35 per share, with a total value of $250,573.20. Following the completion of the acquisition, the chief executive officer directly owned 161,237 shares in the company, valued at $9,730,652.95. This trade represents a 2.64% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.11% of the stock is currently owned by corporate insiders.

About Dominion Energy

Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina.