Blue Edge Capital LLC Acquires Shares of 15,623 Dominion Energy Inc. $D

Key Points

• Blue Edge Capital acquired 15,623 Dominion Energy shares worth approximately $1.07 million during the second quarter. Institutional investors collectively own 73.04% of the utility’s stock.
• Dominion Energy reported quarterly EPS of $0.79, exceeding the $0.68 consensus estimate, while revenue rose 17.6% year over year to $4.48 billion. The company maintained full-year 2026 EPS guidance of $3.45–$3.69.
• Dominion announced a quarterly dividend of $0.6675 per share, equivalent to an annualized $2.67 dividend and a 4.0% yield. Analysts maintain a consensus “Hold” rating with an average price target of $69.93.

Blue Edge Capital LLC acquired a new stake in Dominion Energy Inc. (NYSE:D - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 15,623 shares of the utilities provider's stock, valued at approximately $1,067,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Bryn Mawr Trust Advisors LLC acquired a new stake in Dominion Energy during the 2nd quarter valued at $7,346,000. Ausbil Investment Management Ltd acquired a new position in Dominion Energy in the second quarter worth $4,603,000. Florida Trust Wealth Management Co grew its holdings in shares of Dominion Energy by 51.6% during the second quarter. Florida Trust Wealth Management Co now owns 67,185 shares of the utilities provider's stock worth $4,588,000 after purchasing an additional 22,870 shares during the last quarter. North Dakota State Investment Board bought a new stake in shares of Dominion Energy during the fourth quarter worth $1,715,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of Dominion Energy in the second quarter valued at $7,645,000. Institutional investors own 73.04% of the company's stock.

Dominion Energy Stock Performance

Shares of NYSE:D opened at $66.48 on Friday. The stock has a market capitalization of $58.47 billion, a P/E ratio of 23.16 and a beta of 0.65. Dominion Energy Inc. has a 1-year low of $55.85 and a 1-year high of $72.99. 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 business has a 50-day moving average price of $69.09 and a two-hundred day moving average price of $65.78.

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 (EPS) 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 analyst estimates of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The company's revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities analysts predict that Dominion Energy Inc. will post 3.57 earnings per share for the current year.

Dominion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be issued a dividend of $0.6675 per share. 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%.

Analysts Set New Price Targets

D has been the topic of several research reports. Seaport Research Partners downgraded shares of Dominion Energy from a "buy" rating to a "hold" rating in a research report on Wednesday, May 20th. TD Cowen upgraded shares of Dominion Energy from a "hold" rating to a "buy" rating and raised their price objective for the company from $69.00 to $80.00 in a research report on Wednesday, August 19th. Barclays dropped their target price on shares of Dominion Energy from $70.00 to $69.00 and set an "overweight" rating for the company in a research note on Tuesday, June 23rd. Morgan Stanley reduced their target price on shares of Dominion Energy from $71.00 to $68.00 and set an "equal weight" rating on the stock in a research report on Friday, August 21st. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Dominion Energy in a 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $69.93.

Dominion Energy Company 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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