Invst LLC Invests $765,000 in Dominion Energy Inc. $D

Invst LLC acquired a new position in shares of Dominion Energy Inc. (NYSE:D) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,208 shares of the utilities provider’s stock, valued at approximately $765,000.

A number of other hedge funds have also added to or reduced their stakes in D. Brighton Jones LLC raised its holdings in shares of Dominion Energy by 64.3% in the 4th quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock valued at $489,000 after acquiring an additional 3,553 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Dominion Energy by 8.3% during the first quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock worth $985,000 after purchasing an additional 1,344 shares in the last quarter. Woodline Partners LP increased its position in shares of Dominion Energy by 40.7% in the first quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock worth $3,979,000 after purchasing an additional 20,522 shares during the last quarter. Intech Investment Management LLC increased its position in shares of Dominion Energy by 71.2% in the first quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock worth $1,708,000 after purchasing an additional 12,663 shares during the last quarter. Finally, Schnieders Capital Management LLC. raised its stake in Dominion Energy by 9.5% in the second quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock valued at $7,041,000 after purchasing an additional 10,775 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on D shares. Weiss Ratings reissued a “buy (b)” rating on shares of Dominion Energy in a research note on Wednesday, August 19th. Wells Fargo & Company raised their price objective on shares of Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. UBS Group set a $80.00 price objective on shares of Dominion Energy in a report on Wednesday, August 19th. Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Finally, Mizuho raised their price target on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $69.93.

Dominion Energy Trading Up 0.5%

NYSE D opened at $66.94 on Wednesday. Dominion Energy Inc. has a 1-year low of $55.85 and a 1-year high of $72.99. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The stock has a 50-day moving average of $69.16 and a 200-day moving average of $65.72. The firm has a market cap of $58.87 billion, a PE ratio of 23.32 and a beta of 0.65.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. The business had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.Dominion Energy’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period last year, the company earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts forecast that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be issued a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a dividend yield of 4.0%. Dominion Energy’s dividend payout ratio (DPR) is currently 93.03%.

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.