Vestmark Advisory Solutions Inc. Raises Stake in Dominion Energy Inc. $D

Vestmark Advisory Solutions Inc. lifted its stake in shares of Dominion Energy Inc. (NYSE:DFree Report) by 12.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 71,725 shares of the utilities provider’s stock after acquiring an additional 7,986 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Dominion Energy were worth $4,387,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of D. Barnes Wealth Management Group Inc boosted its holdings in Dominion Energy by 4.4% in the 2nd quarter. Barnes Wealth Management Group Inc now owns 3,970 shares of the utilities provider’s stock valued at $224,000 after purchasing an additional 169 shares during the last quarter. Sovereign Financial Group Inc. raised its position in shares of Dominion Energy by 1.2% during the 3rd quarter. Sovereign Financial Group Inc. now owns 14,138 shares of the utilities provider’s stock valued at $865,000 after buying an additional 169 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its holdings in Dominion Energy by 0.4% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 39,145 shares of the utilities provider’s stock valued at $2,394,000 after acquiring an additional 169 shares during the last quarter. Howard Capital Management Inc. lifted its holdings in Dominion Energy by 3.3% in the third quarter. Howard Capital Management Inc. now owns 5,659 shares of the utilities provider’s stock valued at $346,000 after acquiring an additional 180 shares during the last quarter. Finally, Robinson Value Management Ltd. grew its position in Dominion Energy by 0.3% in the third quarter. Robinson Value Management Ltd. now owns 70,438 shares of the utilities provider’s stock worth $4,309,000 after acquiring an additional 183 shares during the period. Institutional investors and hedge funds own 73.04% of the company’s stock.

More Dominion Energy News

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Dominion Energy Stock Down 2.6%

D stock opened at $64.28 on Tuesday. The company’s 50 day moving average price is $60.88 and its 200 day moving average price is $60.58. The firm has a market capitalization of $54.89 billion, a price-to-earnings ratio of 21.86, a PEG ratio of 1.79 and a beta of 0.71. Dominion Energy Inc. has a fifty-two week low of $48.07 and a fifty-two week high of $67.57. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.65 and a current ratio of 0.84.

Dominion Energy (NYSE:DGet Free Report) last posted its quarterly earnings results on Monday, February 23rd. The utilities provider reported $0.68 EPS for the quarter, topping the consensus estimate of $0.67 by $0.01. Dominion Energy had a net margin of 16.17% and a return on equity of 9.60%. The company had revenue of $4.09 billion during the quarter, compared to analysts’ expectations of $3.65 billion. During the same quarter in the previous year, the business posted $0.58 EPS. The firm’s revenue was up 20.4% on a year-over-year basis. 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 3.39 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 27th will be issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, February 27th. Dominion Energy’s payout ratio is 90.82%.

Analysts Set New Price Targets

A number of research firms have commented on D. Weiss Ratings upgraded Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. TD Cowen began coverage on Dominion Energy in a research report on Friday, January 9th. They set a “hold” rating and a $65.00 price objective for the company. Barclays reduced their price objective on shares of Dominion Energy from $64.00 to $63.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $70.00 target price on shares of Dominion Energy in a research note on Tuesday, October 28th. Finally, BMO Capital Markets dropped their price target on shares of Dominion Energy from $67.00 to $65.00 and set a “market perform” rating for the company in a research report on Monday, November 3rd. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Dominion Energy presently has a consensus rating of “Hold” and a consensus target price of $64.33.

Read Our Latest Analysis on D

Dominion Energy Profile

(Free Report)

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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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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