National Pension Service increased its holdings in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 5.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,169,334 shares of the utilities provider’s stock after purchasing an additional 58,860 shares during the period. National Pension Service owned approximately 0.14% of Dominion Energy worth $68,511,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in the business. Brighton Jones LLC grew its stake in Dominion Energy by 64.3% in the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock valued at $489,000 after acquiring an additional 3,553 shares during the period. Empowered Funds LLC grew its stake in Dominion Energy by 8.3% in the first quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock valued at $985,000 after acquiring an additional 1,344 shares during the period. Woodline Partners LP grew its stake in Dominion Energy by 40.7% in the first quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock valued at $3,979,000 after acquiring an additional 20,522 shares during the period. Intech Investment Management LLC grew its stake in Dominion Energy by 71.2% in the first quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock valued at $1,708,000 after acquiring an additional 12,663 shares during the period. Finally, Schnieders Capital Management LLC. grew its stake in Dominion Energy by 9.5% in the second quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock valued at $7,041,000 after acquiring an additional 10,775 shares during the period. Institutional investors and hedge funds own 73.04% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on D. Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Royal Bank Of Canada raised their price objective 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. Morgan Stanley reduced their price objective on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Truist Financial reduced their price objective on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research note on Friday. Finally, Wells Fargo & Company raised their price objective on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $67.69.
Dominion Energy Stock Down 0.6%
Shares of NYSE:D opened at $66.95 on Friday. The stock has a market cap of $58.88 billion, a price-to-earnings ratio of 19.81 and a beta of 0.65. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. Dominion Energy Inc. has a 12-month low of $53.36 and a 12-month high of $68.97. The business’s 50 day moving average is $63.28 and its 200 day moving average is $61.90.
Dominion Energy (NYSE:D – Get Free Report) last announced its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.05. The company had revenue of $5.02 billion for the quarter, compared to analysts’ expectations 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 quarter in the previous year, the firm earned $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, sell-side analysts forecast that Dominion Energy Inc. will post 3.59 earnings per share for the current fiscal year.
Dominion Energy Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be given a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 4.0%. Dominion Energy’s payout ratio is presently 78.99%.
Dominion Energy 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.
See Also
- Five stocks we like better than Dominion Energy
- Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem
- These 3 Software Stocks Are Buying Back Shares Hand Over Fist
- Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%
- MongoDB’s AI Advantage Is Starting to Show Up in Results
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.
