Tred Avon Family Wealth LLC Buys New Shares in Dominion Energy Inc. $D

Tred Avon Family Wealth LLC purchased a new stake in shares of Dominion Energy Inc. (NYSE:DFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 16,873 shares of the utilities provider’s stock, valued at approximately $1,032,000.

Several other hedge funds have also recently made changes to their positions in D. CoreFirst Bank & Trust bought a new stake in Dominion Energy in the second quarter worth approximately $25,000. Westside Investment Management Inc. grew its position in shares of Dominion Energy by 123.3% during the 2nd quarter. Westside Investment Management Inc. now owns 469 shares of the utilities provider’s stock worth $27,000 after buying an additional 259 shares during the period. Hanson & Doremus Investment Management bought a new stake in shares of Dominion Energy in the 3rd quarter valued at $31,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Dominion Energy during the 2nd quarter valued at $32,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in Dominion Energy during the second quarter worth $36,000. 73.04% of the stock is owned by institutional investors.

Dominion Energy Price Performance

Shares of Dominion Energy stock opened at $61.15 on Friday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.84 and a quick ratio of 0.65. Dominion Energy Inc. has a one year low of $48.07 and a one year high of $62.87. The business’s 50 day simple moving average is $59.75 and its two-hundred day simple moving average is $59.78. The stock has a market capitalization of $52.22 billion, a P/E ratio of 20.80, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72.

Dominion Energy (NYSE:DGet Free Report) last issued its earnings results on Friday, October 31st. The utilities provider reported $1.06 EPS for the quarter, topping the consensus estimate of $1.02 by $0.04. Dominion Energy had a net margin of 16.17% and a return on equity of 9.60%. The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same period in the previous year, the firm earned $0.98 earnings per share. The firm’s revenue for the quarter was up 14.9% on a year-over-year basis. Dominion Energy has set its FY 2025 guidance at 3.330-3.480 EPS. Analysts forecast that Dominion Energy Inc. will post 3.39 EPS for the current year.

Dominion Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, December 20th. Stockholders of record on Friday, December 5th were issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Friday, December 5th. Dominion Energy’s dividend payout ratio is currently 90.82%.

Dominion Energy News Roundup

Here are the key news stories impacting Dominion Energy this week:

  • Positive Sentiment: Federal judge granted Dominion an injunction to restart construction on the Coastal Virginia Offshore Wind (CVOW) project, allowing work to resume while the company continues its legal fight over the Trump administration’s pause. This reduces near-term schedule and execution risk for a material, multi‑year revenue project and should improve investor sentiment around Dominion’s growth pipeline. US judge grants Dominion bid to restart Virginia offshore wind project
  • Neutral Sentiment: Multiple outlets note the court decision is a significant legal win for offshore wind nationally, framing the ruling as part of broader industry legal battles with the administration; however the underlying litigation remains active so the longer‑term outcome is unresolved. Crazy week for U.S. offshore wind in federal court as it fights back against administration
  • Neutral Sentiment: Operational/local items with limited market impact: Dominion plans a routine test of the Lake Murray Dam siren system next week (public notice item). These sorts of operational tests are standard maintenance activities. Don’t be alarmed that sound you hear is just a test
  • Negative Sentiment: The injunction is temporary — the government may appeal and the substantive litigation over the administration’s authority to pause offshore wind continues. That ongoing legal uncertainty leaves the project exposed to future stoppages or additional regulatory conditions that could raise costs or delay revenue. Judge Says Dominion Energy Can Resume Wind Project US Halted
  • Negative Sentiment: Local opposition and environmental protests around other projects (e.g., proposed gas plant protests) highlight permitting and community risks that can create delays or incremental costs on new infrastructure. These are more localized but worth monitoring for project pipeline risk. ‘Protect the people’: Climate coalition protests proposed gas power plant in Colleton Co.

Wall Street Analyst Weigh In

D has been the topic of several research reports. JPMorgan Chase & Co. dropped their price objective on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a report on Thursday, December 11th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $70.00 price objective on shares of Dominion Energy in a research note on Tuesday, October 28th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Dominion Energy in a report on Monday, December 29th. BMO Capital Markets reduced their price target on shares of Dominion Energy from $67.00 to $65.00 and set a “market perform” rating for the company in a research report on Monday, November 3rd. Finally, Morgan Stanley upped their price objective on shares of Dominion Energy from $63.00 to $66.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Dominion Energy has a consensus rating of “Hold” and an average target price of $64.78.

Check Out Our Latest Analysis on Dominion Energy

About Dominion Energy

(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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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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