Meeder Advisory Services Inc. Takes $1.11 Million Position in Dominion Energy Inc. $D

Meeder Advisory Services Inc. acquired a new position in shares of Dominion Energy Inc. (NYSE:DFree Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 16,295 shares of the utilities provider’s stock, valued at approximately $1,113,000.

A number of other hedge funds have also modified their holdings of D. Vanguard Group Inc. lifted its holdings in shares of Dominion Energy by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock valued at $6,274,975,000 after purchasing an additional 940,838 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Dominion Energy in the 2nd quarter valued at $4,986,439,000. Capital Research Global Investors increased its stake in Dominion Energy by 9.0% in the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock worth $3,503,142,000 after purchasing an additional 4,940,692 shares in the last quarter. State Street Corp increased its stake in Dominion Energy by 3.6% in the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock worth $2,848,662,000 after purchasing an additional 1,686,050 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in Dominion Energy by 46.2% during the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock worth $2,633,253,000 after buying an additional 14,197,581 shares during the period. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have commented on D shares. Royal Bank Of Canada raised their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. TD Cowen upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and upped their price target for the company from $69.00 to $80.00 in a research report on Wednesday. Wells Fargo & Company raised their price objective on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Finally, BMO Capital Markets lifted their price objective on shares of Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 22nd. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Dominion Energy has an average rating of “Hold” and a consensus target price of $69.93.

View Our Latest Stock Analysis on Dominion Energy

Dominion Energy Stock Down 0.4%

Shares of Dominion Energy stock opened at $68.36 on Thursday. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99. The company has a market cap of $60.12 billion, a P/E ratio of 23.82 and a beta of 0.65. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The stock has a 50-day moving average price of $69.23 and a 200 day moving average price of $65.56.

Dominion Energy (NYSE:DGet Free Report) last released its earnings results 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. The company had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The business’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, analysts expect that Dominion Energy Inc. will post 3.57 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be given a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a yield of 3.9%. Dominion Energy’s payout ratio is presently 93.03%.

Dominion Energy Profile

(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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