Principle Wealth Partners LLC bought a new stake in Dominion Energy Inc. (NYSE:D - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 61,443 shares of the utilities provider's stock, valued at approximately $4,196,000.
Other institutional investors have also recently made changes to their positions in the company. Cornerstone Planning LLC raised its position in Dominion Energy by 0.9% in the 2nd quarter. Cornerstone Planning LLC now owns 17,280 shares of the utilities provider's stock worth $1,180,000 after purchasing an additional 157 shares during the period. Capital Analysts LLC boosted its position in shares of Dominion Energy by 2.4% during the fourth quarter. Capital Analysts LLC now owns 6,651 shares of the utilities provider's stock valued at $390,000 after buying an additional 157 shares during the period. Arlington Trust Co LLC boosted its position in shares of Dominion Energy by 47.1% during the second quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider's stock valued at $34,000 after buying an additional 160 shares during the period. Navalign LLC grew its stake in shares of Dominion Energy by 1.2% during the first quarter. Navalign LLC now owns 14,229 shares of the utilities provider's stock valued at $880,000 after buying an additional 162 shares during the last quarter. Finally, Conning Inc. raised its holdings in shares of Dominion Energy by 0.5% in the fourth quarter. Conning Inc. now owns 33,217 shares of the utilities provider's stock worth $1,946,000 after buying an additional 176 shares during the period. Institutional investors own 73.04% of the company's stock.
Dominion Energy Price Performance
NYSE D opened at $68.88 on Tuesday. The company has a market cap of $60.58 billion, a PE ratio of 24.00 and a beta of 0.65. The firm's 50 day moving average price is $69.15 and its 200-day moving average price is $65.45. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. Dominion Energy Inc. has a 52-week low of $55.85 and a 52-week high of $72.99.
Dominion Energy (NYSE:D - Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. The company had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. Dominion Energy's revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Sell-side analysts forecast that Dominion Energy Inc. will post 3.57 EPS for the current fiscal year.
Dominion Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Friday, September 4th. Dominion Energy's dividend payout ratio is 93.03%.
Analyst Upgrades and Downgrades
D has been the topic of several research analyst reports. Mizuho upped their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a "neutral" rating in a research report on Tuesday, May 26th. Morgan Stanley decreased their target price on Dominion Energy from $69.00 to $68.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 21st. Wall Street Zen lowered shares of Dominion Energy from a "hold" rating to a "sell" rating in a research note on Saturday, May 16th. Barclays cut their price target on shares of Dominion Energy from $70.00 to $69.00 and set an "overweight" rating on the stock in a report on Tuesday, June 23rd. Finally, Wells Fargo & Company raised their price target on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an "overweight" rating in a research note on Friday, May 15th. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Dominion Energy currently has a consensus rating of "Hold" and an average target price of $68.00.
Check Out Our Latest Research Report on D
Dominion Energy Company 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.
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