Jupiter Topco LLC Acquires Shares of 143,272 Dominion Energy Inc. $D

Jupiter Topco LLC acquired a new stake in Dominion Energy Inc. (NYSE:D) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 143,272 shares of the utilities provider’s stock, valued at approximately $9,784,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Motiv8 Investments LLC purchased a new stake in Dominion Energy in the fourth quarter valued at $25,000. Blueline Advisors LLC purchased a new position in shares of Dominion Energy during the 4th quarter valued at about $28,000. Triumph Capital Management acquired a new position in shares of Dominion Energy in the 3rd quarter valued at about $28,000. Costello Asset Management INC boosted 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 buying an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC purchased a new stake in shares of Dominion Energy in the fourth quarter worth about $29,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on D. Royal Bank Of Canada lifted their price target on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and raised their price objective for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. BMO Capital Markets lifted their target price on shares of Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. Seaport Research Partners cut shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, Barclays lowered their price target on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a report on Tuesday, June 23rd. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $69.93.

Dominion Energy Stock Performance

Shares of D stock opened at $65.50 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99. The business’s 50 day moving average is $69.03 and its two-hundred day moving average is $65.80. The company has a market capitalization of $57.61 billion, a P/E ratio of 22.82 and a beta of 0.65.

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

Dominion Energy Dividend Announcement

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