Fideuram Intesa Sanpaolo Private Banking S.P.A. Buys 8,430 Shares of Dominion Energy Inc. $D

Fideuram Intesa Sanpaolo Private Banking S.P.A. raised its stake in Dominion Energy Inc. (NYSE:DFree Report) by 18.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,187 shares of the utilities provider’s stock after purchasing an additional 8,430 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Dominion Energy were worth $3,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in D. Wellington Management Group LLP increased its holdings in shares of Dominion Energy by 46.2% in the fourth quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock valued at $2,633,253,000 after purchasing an additional 14,197,581 shares during the period. Norges Bank acquired a new stake in shares of Dominion Energy during the fourth quarter worth about $655,142,000. Capital Research Global Investors boosted its position in Dominion Energy by 22.4% in the third quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock valued at $3,355,175,000 after buying an additional 10,049,691 shares during the last quarter. Adage Capital Partners GP L.L.C. purchased a new stake in Dominion Energy in the fourth quarter valued at approximately $125,495,000. Finally, State Street Corp increased its holdings in Dominion Energy by 3.6% in the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock worth $2,848,662,000 after buying an additional 1,686,050 shares during the period. 73.04% of the stock is currently owned by institutional investors.

Key Dominion Energy News

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

Dominion Energy Stock Performance

NYSE D opened at $69.59 on Friday. Dominion Energy Inc. has a fifty-two week low of $55.36 and a fifty-two week high of $70.17. The firm has a market capitalization of $61.20 billion, a P/E ratio of 20.59 and a beta of 0.65. The stock’s fifty day moving average is $66.19 and its two-hundred day moving average is $63.17. 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 (NYSE:DGet Free Report) last announced its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.05. The company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. Dominion Energy’s revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, research analysts anticipate that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were given a $0.6675 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a yield of 3.8%. Dominion Energy’s dividend payout ratio (DPR) is currently 78.99%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Morgan Stanley decreased their price objective on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Weiss Ratings upgraded shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Wells Fargo & Company raised their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $67.62.

Check Out Our Latest Report on Dominion Energy

Dominion Energy Profile

(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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