Capital Research Global Investors Increases Holdings in Dominion Energy Inc. $D

Key Points

• Capital Research Global Investors increased its stake in Dominion Energy by 22.4% in the third quarter to 54,850,042 shares, representing about a 6.42% ownership worth $3.355 billion.
• Dominion slightly topped quarterly expectations with $0.68 EPS (vs. $0.67) and $4.09 billion in revenue (up 20.4% YoY), issued FY2026 EPS guidance of $3.450–$3.690, and carries a consensus analyst rating of "Hold" with an average target of $64.73.
• The company declared a quarterly dividend of $0.6675 (annualized $2.67) yielding 4.2%, with an ex-dividend date of Feb 27 and payment on Mar 20, and roughly 73% of shares are held by institutional investors.

Capital Research Global Investors increased its holdings in shares of Dominion Energy Inc. (NYSE:D - Free Report) by 22.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 54,850,042 shares of the utilities provider's stock after acquiring an additional 10,049,691 shares during the period. Capital Research Global Investors owned about 6.42% of Dominion Energy worth $3,355,175,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. CoreFirst Bank & Trust purchased a new stake in shares of Dominion Energy in the second quarter valued at approximately $25,000. United Community Bank bought a new position in shares of Dominion Energy during the 3rd quarter worth $29,000. Hanson & Doremus Investment Management bought a new stake in shares of Dominion Energy in the third quarter valued at about $31,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Dominion Energy in the second quarter worth about $32,000. Finally, Capital A Wealth Management LLC grew its holdings in Dominion Energy by 5,038.5% during the 2nd quarter. Capital A Wealth Management LLC now owns 668 shares of the utilities provider's stock worth $38,000 after acquiring an additional 655 shares in the last quarter. 73.04% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on D shares. Weiss Ratings upgraded shares of Dominion Energy from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, February 9th. Wells Fargo & Company dropped their target price on Dominion Energy from $67.00 to $64.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 20th. Mizuho upped their price objective on Dominion Energy from $62.00 to $66.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 24th. JPMorgan Chase & Co. decreased their price target on shares of Dominion Energy from $62.00 to $59.00 and set an "underweight" rating for the company in a research report on Thursday, December 11th. Finally, Scotiabank increased their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the company a "sector perform" rating in a research report on Monday, March 2nd. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $64.73.

Dominion Energy Stock Down 0.5%

NYSE:D opened at $62.92 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. Dominion Energy Inc. has a twelve month low of $48.07 and a twelve month high of $67.57. The company has a market cap of $55.29 billion, a PE ratio of 18.29, a P/E/G ratio of 1.71 and a beta of 0.71. The company's 50 day moving average is $61.71 and its two-hundred day moving average is $60.71.

Dominion Energy (NYSE:D - Get Free Report) last posted its quarterly earnings data on Monday, February 23rd. The utilities provider reported $0.68 EPS for the quarter, topping the consensus estimate of $0.67 by $0.01. The business had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $3.65 billion. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The business's revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.58 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts anticipate that Dominion Energy Inc. will post 3.39 EPS for the current year.

Dominion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 27th will be issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, February 27th. Dominion Energy's dividend payout ratio (DPR) is 77.62%.

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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