Callan Family Office LLC purchased a new position in Dominion Energy Inc. (NYSE:D - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 15,676 shares of the utilities provider's stock, valued at approximately $1,071,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its stake in shares of Dominion Energy by 0.9% in the 4th 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. bought a new position in shares of Dominion Energy during the 2nd quarter valued at approximately $4,986,439,000. Capital Research Global Investors increased its position in shares of Dominion Energy by 9.0% during the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider's stock valued at $3,503,142,000 after purchasing an additional 4,940,692 shares during the last quarter. State Street Corp raised its holdings in Dominion Energy by 3.6% during the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider's stock valued at $2,848,662,000 after buying an additional 1,686,050 shares during the period. 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 valued at $2,633,253,000 after buying an additional 14,197,581 shares during the period. 73.04% of the stock is owned by institutional investors.
Dominion Energy Stock Performance
Shares of D stock opened at $66.60 on Tuesday. The business has a fifty day moving average of $69.19 and a 200 day moving average of $65.69. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. The firm has a market capitalization of $58.58 billion, a price-to-earnings ratio of 23.21 and a beta of 0.65.
Dominion Energy (NYSE:D - Get Free Report) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The company had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same period in the previous year, the firm posted $0.75 earnings per share. The firm'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. As a group, research analysts expect that Dominion Energy Inc. will post 3.57 earnings per share for the current year.
Dominion Energy Dividend Announcement
The business also recently declared 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. 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 4.0%. Dominion Energy's dividend payout ratio (DPR) is currently 93.03%.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on D. TD Cowen raised shares of Dominion Energy from a "hold" rating to a "buy" rating and boosted their target price for the company from $69.00 to $80.00 in a research note on Wednesday, August 19th. Royal Bank Of Canada raised their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a "sector perform" rating in a research note on Tuesday, May 19th. BMO Capital Markets lifted their price objective on shares of Dominion Energy from $64.00 to $70.00 and gave the company a "market perform" rating in a report on Wednesday, July 22nd. Morgan Stanley lowered their price objective on shares of Dominion Energy from $71.00 to $68.00 and set an "equal weight" rating for the company in a research report on Friday. Finally, Mizuho upped their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 26th. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $69.93.
Check Out Our Latest Research Report on Dominion Energy
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.
Further Reading

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