Dominion Energy Inc. $D Shares Acquired by TrueMark Investments LLC

TrueMark Investments LLC lifted its stake in Dominion Energy Inc. (NYSE:D) by 7.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 132,757 shares of the utilities provider’s stock after purchasing an additional 9,471 shares during the period. Dominion Energy makes up about 1.5% of TrueMark Investments LLC’s investment portfolio, making the stock its 26th biggest position. TrueMark Investments LLC’s holdings in Dominion Energy were worth $7,778,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. CoreFirst Bank & Trust acquired a new position in Dominion Energy during the second quarter worth $25,000. Triumph Capital Management purchased a new position in shares of Dominion Energy during the 3rd quarter worth $28,000. United Community Bank purchased a new position in shares of Dominion Energy during the 3rd quarter worth $29,000. JPL Wealth Management LLC acquired a new position in shares of Dominion Energy during the 3rd quarter valued at about $30,000. Finally, Hanson & Doremus Investment Management acquired a new position in shares of Dominion Energy during the 3rd quarter valued at about $31,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Wall Street Analysts Forecast Growth

D has been the subject of several recent analyst reports. Weiss Ratings upgraded shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. TD Cowen began coverage on shares of Dominion Energy in a report on Friday, January 9th. They issued a “hold” rating and a $65.00 target price on the stock. Mizuho raised their price target on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Barclays reduced their price target on shares of Dominion Energy from $64.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, January 22nd. Finally, Wells Fargo & Company decreased their price objective on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $65.20.

Dominion Energy Stock Up 0.0%

Shares of NYSE:D opened at $60.89 on Monday. The company has a market capitalization of $53.52 billion, a price-to-earnings ratio of 17.70, a PEG ratio of 1.65 and a beta of 0.71. Dominion Energy Inc. has a 12-month low of $48.07 and a 12-month high of $67.57. The business has a 50-day moving average price of $62.46 and a 200 day moving average price of $60.92. 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 (NYSE:D) last posted its earnings results on Monday, February 23rd. The utilities provider reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.01. The company had revenue of $4.09 billion for the quarter, compared to analysts’ expectations of $3.65 billion. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. Dominion Energy’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.58 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Sell-side analysts expect that Dominion Energy Inc. will post 3.39 EPS for the current year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, February 27th were given a dividend of $0.6675 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.4%. Dominion Energy’s dividend payout ratio (DPR) 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.