One Capital Management LLC increased its holdings in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 7.7% during the 4th quarter, HoldingsChannel reports. The fund owned 205,439 shares of the utilities provider’s stock after buying an additional 14,653 shares during the period. One Capital Management LLC’s holdings in Dominion Energy were worth $12,037,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Triumph Capital Management bought a new position in shares of Dominion Energy in the third quarter worth approximately $28,000. United Community Bank bought a new position in shares of Dominion Energy in the third quarter worth approximately $29,000. Blueline Advisors LLC bought a new position in shares of Dominion Energy in the fourth quarter worth approximately $28,000. JPL Wealth Management LLC bought a new position in shares of Dominion Energy in the third quarter worth approximately $30,000. Finally, Costello Asset Management INC lifted its stake in shares of Dominion Energy by 66.7% in the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after buying an additional 200 shares in the last quarter. Institutional investors own 73.04% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on D shares. Truist Financial dropped their target price on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating on the stock in a research note on Friday. Royal Bank Of Canada boosted their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Mizuho boosted their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Wall Street Zen cut shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $67.69.
Dominion Energy Stock Down 3.6%
Shares of D stock opened at $64.56 on Tuesday. Dominion Energy Inc. has a 12 month low of $53.36 and a 12 month high of $68.97. The stock has a market cap of $56.78 billion, a P/E ratio of 19.10 and a beta of 0.65. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The company has a 50 day simple moving average of $63.35 and a two-hundred day simple moving average of $61.93.
Dominion Energy (NYSE:D – Get Free Report) last announced its earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. During the same period in the prior year, the company earned $0.93 earnings per share. The firm’s revenue was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, research analysts expect that Dominion Energy Inc. will post 3.59 earnings per share for the current year.
Dominion Energy Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Friday, May 29th. Dominion Energy’s dividend payout ratio is currently 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.
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