Van ECK Associates Corp Purchases 87,301 Shares of Dominion Energy Inc. $D

Key Points

• Van ECK Associates increased its Dominion Energy stake by 25.1% in the second quarter, adding 87,301 shares to own 435,621 shares valued at approximately $29.75 million. Institutional investors collectively hold 73.04% of the company.
• Dominion Energy reported quarterly EPS of $0.79, exceeding the $0.68 analyst consensus, while revenue rose 17.6% year over year to $4.48 billion. The company maintained 2026 EPS guidance of $3.45–$3.69.
• The utility declared a quarterly dividend of $0.6675, equivalent to an annualized $2.67 payout and a 4.1% yield. Analysts’ consensus rating is “Hold,” with an average price target of $69.93 versus the stock’s reported $65.50 opening price.

Van ECK Associates Corp raised its holdings in shares of Dominion Energy Inc. (NYSE:D - Free Report) by 25.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 435,621 shares of the utilities provider's stock after acquiring an additional 87,301 shares during the period. Van ECK Associates Corp's holdings in Dominion Energy were worth $29,749,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. Motiv8 Investments LLC purchased a new position in Dominion Energy in the 4th quarter worth $25,000. Blueline Advisors LLC bought a new position in shares of Dominion Energy during the fourth quarter valued at about $28,000. Triumph Capital Management purchased a new position in shares of Dominion Energy in the third quarter worth about $28,000. Costello Asset Management INC lifted its stake in shares of Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider's stock valued at $29,000 after acquiring an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC purchased a new stake in Dominion Energy during the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 73.04% of the company's stock.

Dominion Energy Trading Down 0.1%

D opened at $65.50 on Monday. Dominion Energy Inc. has a one year low of $55.85 and a one 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 business has a 50 day simple moving average of $69.03 and a two-hundred day simple moving average of $65.80. The firm has a market capitalization of $57.61 billion, a price-to-earnings ratio of 22.82 and a beta of 0.65.

Dominion Energy (NYSE:D - Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.11. The firm had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The business's quarterly revenue was up 17.6% compared to the same quarter last year. During the same period last year, the company earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts predict that Dominion Energy Inc. will post 3.57 EPS 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 issued a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 4.1%. Dominion Energy's payout ratio is 93.03%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on D shares. Weiss Ratings reiterated a "buy (b)" rating on shares of Dominion Energy in a research report on Wednesday, August 19th. Wells Fargo & Company lifted their target price 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. BMO Capital Markets upped their price target 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. TD Cowen raised shares of Dominion Energy from a "hold" rating to a "buy" rating and increased their price target for the company from $69.00 to $80.00 in a research report on Wednesday, August 19th. Finally, 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. Five 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. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $69.93.

About Dominion Energy

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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