Dominion Energy Inc. $D Shares Acquired by Azimuth Capital Investment Management LLC

Key Points

• Azimuth Capital raised its stake in Dominion Energy by 67.1% in Q3 to 51,541 shares (worth $3.15M); AustralianSuper also hugely increased its holding to 519,100 shares and institutional investors now own 73.04% of the stock.
• Dominion beat quarterly EPS estimates ($0.68 vs. $0.67) with revenue up 20.4% year-over-year and set FY2026 guidance of $3.45–$3.69 EPS (consensus analyst forecast ≈ $3.39).
• The company declared a quarterly dividend of $0.6675 (annualized $2.67), implying a 4.2% yield; the ex-dividend date was Feb. 27 and the payout ratio is about 77.6%.

Azimuth Capital Investment Management LLC lifted its stake in shares of Dominion Energy Inc. (NYSE:D - Free Report) by 67.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,541 shares of the utilities provider's stock after purchasing an additional 20,700 shares during the period. Azimuth Capital Investment Management LLC's holdings in Dominion Energy were worth $3,153,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. AustralianSuper Pty Ltd raised its stake in Dominion Energy by 1,785.9% in the 3rd quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider's stock valued at $31,753,000 after purchasing an additional 491,574 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in Dominion Energy by 6.9% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 186,885 shares of the utilities provider's stock worth $10,563,000 after purchasing an additional 12,041 shares during the last quarter. Kera Capital Partners Inc. purchased a new stake in shares of Dominion Energy during the third quarter worth $3,574,000. Vanguard Group Inc. grew its holdings in shares of Dominion Energy by 16.2% during the second quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider's stock worth $5,979,551,000 after buying an additional 14,715,895 shares in the last quarter. Finally, Virtus Advisers LLC acquired a new stake in shares of Dominion Energy in the second quarter valued at about $240,000. Institutional investors and hedge funds own 73.04% of the company's stock.

Wall Street Analyst Weigh In

D has been the topic of several research reports. TD Cowen assumed coverage on shares of Dominion Energy in a research note on Friday, January 9th. They issued a "hold" rating and a $65.00 price target on the stock. Barclays cut their price objective on shares of Dominion Energy from $64.00 to $63.00 and set an "overweight" rating for the company in a report on Thursday, January 22nd. Wells Fargo & Company decreased their target price on shares of Dominion Energy from $67.00 to $64.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 20th. Scotiabank boosted their target price on Dominion Energy from $63.00 to $67.00 and gave the stock a "sector perform" rating in a report on Monday, March 2nd. Finally, Mizuho increased their price target on Dominion Energy from $62.00 to $66.00 and gave the company a "neutral" rating in a report on Tuesday, February 24th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $64.73.

Dominion Energy Trading Up 0.6%

Shares of D stock opened at $63.20 on Monday. 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's 50-day moving average price is $62.02 and its 200-day moving average price is $60.77. The stock has a market cap of $55.54 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 1.71 and a beta of 0.71.

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

Dominion Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be given 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 payout ratio is presently 77.62%.

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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