Hilton Head Capital Partners LLC Acquires Shares of 19,398 Dominion Energy Inc. $D

Hilton Head Capital Partners LLC acquired a new stake in shares of Dominion Energy Inc. (NYSE:D) in the fourth quarter, Holdings Channel reports. The firm acquired 19,398 shares of the utilities provider’s stock, valued at approximately $1,137,000.

A number of other large investors have also added to or reduced their stakes in the stock. Syon Capital LLC raised its stake in Dominion Energy by 42.5% during the fourth quarter. Syon Capital LLC now owns 7,840 shares of the utilities provider’s stock valued at $459,000 after buying an additional 2,338 shares during the last quarter. Capital Research Global Investors raised its stake in shares of Dominion Energy by 9.0% in the fourth quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock worth $3,503,142,000 after purchasing an additional 4,940,692 shares during the last quarter. Capital International Sarl purchased a new position in shares of Dominion Energy in the fourth quarter worth $635,000. Lowe Brockenbrough & Co. Inc. raised its stake in shares of Dominion Energy by 8.2% in the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 32,047 shares of the utilities provider’s stock worth $1,878,000 after purchasing an additional 2,421 shares during the last quarter. Finally, MCF Advisors LLC raised its stake in shares of Dominion Energy by 166.0% in the fourth quarter. MCF Advisors LLC now owns 1,495 shares of the utilities provider’s stock worth $88,000 after purchasing an additional 933 shares during the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Up 0.2%

Dominion Energy stock opened at $67.00 on Monday. The stock has a market cap of $58.93 billion, a PE ratio of 19.82 and a beta of 0.65. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. Dominion Energy Inc. has a one year low of $53.36 and a one year high of $68.97. The stock has a fifty day moving average of $63.86 and a 200 day moving average of $62.08.

Dominion Energy (NYSE:D) last released its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.05. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The business had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same quarter in the previous year, the company posted $0.93 earnings per share. Dominion Energy’s revenue for the quarter was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts predict that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be given a dividend of $0.6675 per share. The ex-dividend date is Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. Dominion Energy’s dividend payout ratio is 78.99%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Barclays boosted their price target on Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and boosted their price target for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. Truist Financial decreased their price target on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Finally, Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dominion Energy currently has an average rating of “Hold” and a consensus target price of $67.69.

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.