Public Employees Retirement System of Ohio Takes Position in Dominion Energy Inc. $D

Public Employees Retirement System of Ohio acquired a new position in Dominion Energy Inc. (NYSE:D) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 335,148 shares of the utilities provider’s stock, valued at approximately $22,887,000.

A number of other hedge funds also recently made changes to their positions in the stock. Blue Edge Capital LLC bought a new stake in Dominion Energy during the second quarter worth about $1,067,000. Redwood Investment Management LLC bought a new position in shares of Dominion Energy during the 2nd quarter valued at about $853,000. Parvin Asset Management LLC purchased a new position in shares of Dominion Energy during the 2nd quarter valued at about $82,000. Proficio Capital Partners LLC bought a new stake in Dominion Energy in the 2nd quarter worth approximately $204,000. Finally, Pure Financial Advisors LLC purchased a new position in shares of Dominion Energy during the second quarter worth approximately $405,000. 73.04% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

D has been the subject of a number of research reports. 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 research note on Thursday, May 28th. Seaport Research Partners downgraded shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Dominion Energy in a research note on Wednesday, August 19th. UBS Group set a $80.00 price objective on Dominion Energy in a report on Wednesday, August 19th. Finally, Mizuho boosted their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $69.93.

Dominion Energy Price Performance

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

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The business 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 business’s revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities research analysts anticipate that Dominion Energy Inc. will post 3.57 earnings per share for the current year.

Dominion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.6675 per share. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a dividend yield of 4.1%. Dominion Energy’s dividend payout ratio (DPR) 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.