150,376 Shares in Dominion Energy Inc. $D Bought by Cibc World Market Inc.

Key Points

• CIBC World Market purchased 150,376 shares of Dominion Energy in the second quarter, valued at approximately $10.3 million. Institutional investors and hedge funds collectively own 73.04% of the company.
• Analyst sentiment remains mixed, with five Buy, nine Hold, and one Sell rating; the consensus rating is Hold with an average price target of $69.93.
• Dominion Energy exceeded quarterly earnings and revenue expectations, reporting $0.79 in EPS on $4.48 billion in revenue. The company also declared a quarterly dividend of $0.6675 per share, representing a 4.0% annualized yield.

Cibc World Market Inc. purchased a new stake in Dominion Energy Inc. (NYSE:D - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 150,376 shares of the utilities provider's stock, valued at approximately $10,269,000.

Other large investors also recently bought and sold shares of the company. Motiv8 Investments LLC purchased a new stake in shares of Dominion Energy in the 4th quarter valued at about $25,000. Triumph Capital Management acquired a new stake in shares of Dominion Energy in the 3rd quarter valued at about $28,000. Frazier Financial Advisors LLC purchased a new position in Dominion Energy during the 2nd quarter worth approximately $31,000. Beacon Financial Strategies CORP increased its position in Dominion Energy by 269.2% during the second quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider's stock worth $33,000 after buying an additional 350 shares during the period. Finally, Blueline Advisors LLC acquired a new position in Dominion Energy during the fourth quarter worth approximately $28,000. Institutional investors and hedge funds own 73.04% of the company's stock.

Analyst Upgrades and Downgrades

D has been the subject of several research analyst reports. UBS Group set a $80.00 price objective on Dominion Energy in a report on Wednesday, August 19th. Mizuho lifted their target price 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 downgraded shares of Dominion Energy from a "hold" rating to a "sell" rating in a research report on Saturday, May 16th. Truist Financial decreased their price target on shares of Dominion Energy from $68.00 to $66.00 and set a "hold" rating for the company in a research note on Thursday, August 13th. Finally, TD Cowen raised shares of Dominion Energy from a "hold" rating to a "buy" rating and raised their price objective for the stock from $69.00 to $80.00 in a research report on Wednesday, August 19th. Five equities 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. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $69.93.

Dominion Energy Stock Down 0.0%

Shares of Dominion Energy stock opened at $66.60 on Tuesday. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The company has a market cap of $58.58 billion, a P/E ratio of 23.21 and a beta of 0.65. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. The firm has a fifty day moving average of $69.19 and a two-hundred day moving average of $65.69.

Dominion Energy (NYSE:D - Get Free Report) last issued 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. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter in the previous year, the firm earned $0.75 earnings per share. The business's quarterly revenue was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, analysts forecast that Dominion Energy Inc. will post 3.57 earnings per share for the current year.

Dominion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be issued a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy's payout ratio is currently 93.03%.

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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