Simplicity Wealth LLC grew its stake in Dominion Energy Inc. (NYSE:D – Free Report) by 171.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 12,228 shares of the utilities provider’s stock after buying an additional 7,726 shares during the period. Simplicity Wealth LLC’s holdings in Dominion Energy were worth $756,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently made changes to their positions in the stock. Motiv8 Investments LLC purchased a new position in Dominion Energy in the 4th quarter worth $25,000. Triumph Capital Management purchased a new stake in Dominion Energy during the 3rd quarter valued at about $28,000. Blueline Advisors LLC acquired a new position in shares of Dominion Energy in the fourth quarter valued at about $28,000. JPL Wealth Management LLC acquired a new position in shares of Dominion Energy in the third quarter valued at about $30,000. Finally, Costello Asset Management INC raised its stake in shares of Dominion Energy by 66.7% in the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares during the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.
Dominion Energy Stock Up 0.1%
Shares of D stock opened at $70.16 on Monday. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $70.59. The stock has a market cap of $61.70 billion, a P/E ratio of 20.76 and a beta of 0.65. The stock has a 50 day moving average of $66.90 and a 200 day moving average of $63.56. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38.
Dominion Energy Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Investors of record on Friday, May 29th were issued a dividend of $0.6675 per share. 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 is 78.99%.
Dominion Energy News Roundup
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Dominion’s upcoming second-quarter 2026 earnings call on July 31 keeps the company in focus and gives investors a near-term event to watch for updated guidance and commentary on the business. Dominion Energy Schedules Second-Quarter 2026 Earnings Call
- Neutral Sentiment: Reports about Virginia’s return to the Regional Greenhouse Gas Initiative (RGGI) are contributing to headlines around Dominion, but experts say rising customer bills are not directly tied to the utility’s operations. Dominion Energy bills rise as Virginia rejoins RGGI. Here’s why experts say the two aren’t directly connected
- Neutral Sentiment: More broadly, the utility sector is benefiting from surging power demand tied to AI data centers and grid equipment shortages, which could support long-term investment in Dominion’s service territory. US power companies scramble to secure equipment as surging data center demand strains supplies
- Negative Sentiment: Virginia Lt. Gov. Hashmi is publicly urging a deeper review of the Dominion-NextEra merger, signaling potential political and regulatory hurdles that could delay or complicate the deal. Virginia’s Lt. Gov. Hashmi skeptical of Dominion merge with Nextera, citing concerns
Analysts Set New Price Targets
A number of research firms recently commented on D. Royal Bank Of Canada lifted their target price on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Barclays decreased their price objective on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research note on Tuesday, June 23rd. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and upped their price objective for the company from $65.00 to $76.00 in a report on Thursday, May 28th. Finally, Truist Financial cut their price objective on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating on the stock in a research note on Friday, May 29th. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $67.62.
Get Our Latest Stock Report on Dominion Energy
About Dominion Energy
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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