Two Sigma Securities LLC Raises Stake in Dominion Energy Inc. $D

Two Sigma Securities LLC boosted its stake in Dominion Energy Inc. (NYSE:DFree Report) by 401.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 75,438 shares of the utilities provider’s stock after purchasing an additional 60,399 shares during the quarter. Dominion Energy makes up 0.4% of Two Sigma Securities LLC’s investment portfolio, making the stock its 28th largest position. Two Sigma Securities LLC’s holdings in Dominion Energy were worth $5,152,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its position in shares of 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 increased its holdings in Dominion Energy by 8.3% during the 1st quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock worth $985,000 after acquiring an additional 1,344 shares during the period. Woodline Partners LP increased its holdings in Dominion Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock worth $3,979,000 after acquiring an additional 20,522 shares during the period. Intech Investment Management LLC lifted its stake in Dominion Energy by 71.2% in the 1st quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock worth $1,708,000 after purchasing an additional 12,663 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its stake in Dominion Energy by 9.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock worth $7,041,000 after purchasing an additional 10,775 shares in the last quarter. 73.04% of the stock is currently owned by institutional investors.

Dominion Energy Price Performance

D stock opened at $65.50 on Monday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The stock has a market cap of $57.61 billion, a PE ratio of 22.82 and a beta of 0.65. The firm has a 50 day simple moving average of $69.03 and a two-hundred day simple moving average of $65.80.

Dominion Energy (NYSE:DGet Free Report) last posted its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating 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 firm had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. During the same quarter last year, the company posted $0.75 EPS. The business’s quarterly revenue was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be paid a $0.6675 dividend. 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, September 4th. Dominion Energy’s dividend payout ratio is currently 93.03%.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Seaport Research Partners lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Wall Street Zen downgraded Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and lifted their price objective for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Morgan Stanley reduced their target price on Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st. Finally, Truist Financial decreased their target price on Dominion Energy from $68.00 to $66.00 and set a “hold” rating on the stock in a research note on Thursday, August 13th. Five research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $69.93.

Check Out Our Latest Research Report on Dominion Energy

About Dominion Energy

(Free Report)

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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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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