Verdence Capital Advisors LLC Purchases 15,092 Shares of Dominion Energy Inc. $D

Verdence Capital Advisors LLC boosted its position in Dominion Energy Inc. (NYSE:D) by 345.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,457 shares of the utilities provider’s stock after purchasing an additional 15,092 shares during the period. Verdence Capital Advisors LLC’s holdings in Dominion Energy were worth $1,183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. CoreFirst Bank & Trust purchased a new stake in shares of Dominion Energy in the second quarter worth approximately $25,000. Westside Investment Management Inc. boosted its holdings in Dominion Energy by 123.3% during the 2nd quarter. Westside Investment Management Inc. now owns 469 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 259 shares during the period. Hanson & Doremus Investment Management bought a new position in Dominion Energy in the 3rd quarter valued at $31,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Dominion Energy in the second quarter worth $32,000. Finally, Capital A Wealth Management LLC lifted its position in shares of Dominion Energy by 5,038.5% during the second quarter. Capital A Wealth Management LLC now owns 668 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 655 shares during the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Performance

Shares of NYSE:D opened at $61.08 on Wednesday. The firm has a 50 day moving average of $59.75 and a 200 day moving average of $59.85. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 1.41. The company has a market capitalization of $52.16 billion, a price-to-earnings ratio of 20.77, a price-to-earnings-growth ratio of 1.66 and a beta of 0.72. Dominion Energy Inc. has a 52 week low of $48.07 and a 52 week high of $62.87.

Dominion Energy (NYSE:D) last announced its earnings results on Friday, October 31st. The utilities provider reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.04. The business had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.71 billion. Dominion Energy had a return on equity of 9.60% and a net margin of 16.17%.The business’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.98 EPS. Dominion Energy has set its FY 2025 guidance at 3.330-3.480 EPS. On average, sell-side analysts predict that Dominion Energy Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

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

Wall Street Analyst Weigh In

D has been the topic of a number of research analyst reports. JPMorgan Chase & Co. cut their price target 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 restated a “sector perform” rating and issued a $70.00 target price on shares of Dominion Energy in a research note on Tuesday, October 28th. Wells Fargo & Company decreased their price target on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research note on Tuesday. Evercore ISI started coverage on Dominion Energy in a research note on Tuesday, October 7th. They issued an “in-line” rating and a $67.00 price objective on the stock. Finally, BTIG Research assumed coverage on Dominion Energy in a research report on Wednesday, October 22nd. They set a “neutral” rating for the company. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Dominion Energy has an average rating of “Hold” and an average target price of $64.44.

Dominion Energy News Summary

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

• Positive Sentiment: Court rulings allow Dominion to press ahead with the ~$11B Coastal Virginia Offshore Wind project, clearing a federal pause and enabling construction/work to resume — reduces legal uncertainty and preserves long‑term renewable revenue. ENR: $11B Virginia Offshore Wind Project
• Positive Sentiment: Multiple reports confirm work has resumed on the CVOW after court orders ended the federal pause — near‑term progress reduces schedule and financing risk versus prolonged litigation. Yahoo: Work resumes on CVOW
• Neutral Sentiment: Wells Fargo trimmed its price target from $67 to $64 but kept an Overweight rating — signals slightly reduced upside expectations while retaining conviction in the name. Benzinga: Wells Fargo price target change
• Neutral Sentiment: Dominion is taking operational steps ahead of potential winter weather in Hampton Roads and testing infrastructure (e.g., Lake Murray dam sirens) — shows preparedness but minimal near‑term financial impact. Yahoo: Prepares for winter weather
• Neutral Sentiment: Corporate / community activity: Dominion Energy Charitable Foundation opened its spring grant cycle — positive for corporate goodwill but immaterial to earnings. Yahoo Finance: Charitable foundation grants
• Negative Sentiment: Customer/regulatory pressure: Coverage highlights Virginia customers facing high electric bills and Dominion’s public explanation — raises political/regulatory scrutiny risk that could lead to rate reviews or reputational damage. Yahoo: Reasoning for high electric bills
• Negative Sentiment: Policy opposition: Solar advocates are pushing back against Dominion’s net‑metering proposal — regulatory pushback could limit earnings from distributed generation strategies or force concessions. MSN: Solar advocates vs. net metering proposal

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.