Equitable Holdings Inc. Takes $1.44 Million Position in Dominion Energy Inc. $D

Equitable Holdings Inc. bought a new position in shares of Dominion Energy Inc. (NYSE:D) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,034 shares of the utilities provider’s stock, valued at approximately $1,436,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of D. Motiv8 Investments LLC acquired a new stake in Dominion Energy during the 4th quarter worth $25,000. Triumph Capital Management acquired a new position in Dominion Energy in the third quarter valued at $28,000. Frazier Financial Advisors LLC purchased a new stake in shares of Dominion Energy in the second quarter valued at about $31,000. Beacon Financial Strategies CORP raised its holdings in shares of Dominion Energy by 269.2% in the second quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider’s stock valued at $33,000 after buying an additional 350 shares during the last quarter. Finally, Blueline Advisors LLC acquired a new stake in shares of Dominion Energy during the fourth quarter worth about $28,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the company. BMO Capital Markets upped their price objective on Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a research note on Wednesday, July 22nd. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and lifted their target price for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Royal Bank Of Canada boosted their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Morgan Stanley lowered their price objective on shares of Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Friday, August 21st. Five research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $69.93.

Dominion Energy Trading Down 1.5%

NYSE D opened at $65.50 on Friday. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43. The stock has a market capitalization of $57.61 billion, a P/E ratio of 22.82 and a beta of 0.65. Dominion Energy Inc. has a 52-week low of $55.85 and a 52-week high of $72.99. The firm has a 50-day moving average price of $69.03 and a 200 day moving average price of $65.78.

Dominion Energy (NYSE:D) last released its 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 company had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The firm’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities research analysts expect that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be given a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 4.1%. Dominion Energy’s dividend payout ratio is presently 93.03%.

Dominion Energy Company 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.