Clare Market Investments LLC purchased a new stake in shares of Dominion Energy Inc. (NYSE:D – Free Report) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 7,661 shares of the utilities provider’s stock, valued at approximately $474,000.
A number of other large investors have also recently made changes to their positions in D. Capital Analysts LLC lifted its stake in Dominion Energy by 2.4% in the fourth quarter. Capital Analysts LLC now owns 6,651 shares of the utilities provider’s stock worth $390,000 after acquiring an additional 157 shares during the period. Conning Inc. increased its position in Dominion Energy by 0.5% during the 4th quarter. Conning Inc. now owns 33,217 shares of the utilities provider’s stock valued at $1,946,000 after purchasing an additional 176 shares during the period. Castle Rock Wealth Management LLC raised its holdings in Dominion Energy by 2.6% in the 4th quarter. Castle Rock Wealth Management LLC now owns 6,885 shares of the utilities provider’s stock worth $422,000 after purchasing an additional 177 shares in the last quarter. Mather Group LLC. lifted its position in shares of Dominion Energy by 3.4% in the 4th quarter. Mather Group LLC. now owns 5,400 shares of the utilities provider’s stock worth $316,000 after purchasing an additional 178 shares during the period. Finally, Redwood Investment Management LLC lifted its position in shares of Dominion Energy by 0.6% in the 2nd quarter. Redwood Investment Management LLC now owns 31,778 shares of the utilities provider’s stock worth $1,796,000 after purchasing an additional 183 shares during the period. 73.04% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the stock. Bank of America boosted their price target on shares of Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday, April 15th. Royal Bank Of Canada lifted their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Barclays reduced their target price on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a report on Tuesday, June 23rd. Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, Mizuho lifted their price target on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Dominion Energy has a consensus rating of “Hold” and a consensus target price of $67.62.
Dominion Energy Price Performance
D stock opened at $69.95 on Wednesday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. The firm has a 50 day moving average price of $66.47 and a 200-day moving average price of $63.33. Dominion Energy Inc. has a 52-week low of $55.36 and a 52-week high of $70.59. The firm has a market capitalization of $61.52 billion, a price-to-earnings ratio of 20.69 and a beta of 0.65.
Dominion Energy (NYSE:D – Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.05. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. During the same quarter in the prior year, the business posted $0.93 EPS. The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities research analysts forecast that Dominion Energy Inc. will post 3.59 EPS for the current fiscal year.
Dominion Energy Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were issued a dividend of $0.6675 per share. The ex-dividend date was Friday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 3.8%. Dominion Energy’s dividend payout ratio (DPR) 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.
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