Dynamic Technology Lab Private Ltd Buys Shares of 32,380 Dominion Energy Inc. $D

Dynamic Technology Lab Private Ltd bought a new stake in Dominion Energy Inc. (NYSE:D) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 32,380 shares of the utilities provider’s stock, valued at approximately $1,981,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in D. AustralianSuper Pty Ltd grew its holdings in Dominion Energy by 1,785.9% in the 3rd quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock valued at $31,753,000 after buying an additional 491,574 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in Dominion Energy by 6.9% during the second quarter. Rockefeller Capital Management L.P. now owns 186,885 shares of the utilities provider’s stock worth $10,563,000 after buying an additional 12,041 shares during the period. Kera Capital Partners Inc. purchased a new position in shares of Dominion Energy during the 3rd quarter worth approximately $3,574,000. Vanguard Group Inc. boosted its position in shares of Dominion Energy by 16.2% during the second quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider’s stock worth $5,979,551,000 after buying an additional 14,715,895 shares during the period. Finally, Virtus Advisers LLC acquired a new stake in shares of Dominion Energy in the second quarter valued at $240,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Analyst Upgrades and Downgrades

D has been the topic of several research reports. Wells Fargo & Company decreased their target price on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. TD Cowen started coverage on Dominion Energy in a research report on Friday, January 9th. They issued a “hold” rating and a $65.00 target price for the company. Scotiabank increased their price target on shares of Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research report on Monday, March 2nd. Weiss Ratings raised shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a report on Thursday, December 11th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Dominion Energy presently has an average rating of “Hold” and a consensus price target of $64.73.

Dominion Energy Price Performance

D stock opened at $63.30 on Friday. The business has a 50 day moving average price of $61.63 and a 200 day moving average price of $60.70. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36. The stock has a market cap of $55.63 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 1.71 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.

Dominion Energy (NYSE:D) last announced its quarterly earnings results on Monday, February 23rd. The utilities provider reported $0.68 EPS for the quarter, beating the consensus estimate of $0.67 by $0.01. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The company had revenue of $4.09 billion for the quarter, compared to analyst estimates of $3.65 billion. During the same period in the prior year, the firm posted $0.58 earnings per share. 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. Equities research analysts anticipate that Dominion Energy Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 27th will be given a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, February 27th. Dominion Energy’s dividend payout ratio (DPR) is 77.62%.

About Dominion Energy

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.