Hamilton Wealth LLC bought a new stake in Dominion Energy Inc. (NYSE:D – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 14,338 shares of the utilities provider’s stock, valued at approximately $877,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Dominion Energy by 16.2% during the 2nd quarter. Vanguard Group Inc. now owns 105,795,310 shares of the utilities provider’s stock worth $5,979,551,000 after acquiring an additional 14,715,895 shares in the last quarter. Capital Research Global Investors lifted its stake in Dominion Energy by 22.4% during the third quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock worth $3,355,175,000 after purchasing an additional 10,049,691 shares during the last quarter. Norges Bank acquired a new stake in shares of Dominion Energy in the 2nd quarter valued at $566,924,000. Mizuho Markets Americas LLC boosted its holdings in shares of Dominion Energy by 139.3% in the 3rd quarter. Mizuho Markets Americas LLC now owns 867,500 shares of the utilities provider’s stock valued at $53,065,000 after purchasing an additional 3,073,835 shares in the last quarter. Finally, ANTIPODES PARTNERS Ltd increased its stake in shares of Dominion Energy by 84,502.3% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock valued at $106,150,000 after purchasing an additional 1,733,143 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have recently commented on D shares. Barclays lowered their price target on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, January 22nd. JPMorgan Chase & Co. decreased their target price on Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a research report on Thursday, December 11th. Wells Fargo & Company dropped their target price on shares of Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Weiss Ratings upgraded shares of Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. Finally, TD Cowen began coverage on shares of Dominion Energy in a report on Friday, January 9th. They set a “hold” rating and a $65.00 price target on the stock. Three 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. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $64.73.
Dominion Energy Price Performance
D stock opened at $63.20 on Monday. The company has a fifty day moving average price of $62.02 and a 200-day moving average price of $60.77. The company has a market capitalization of $55.54 billion, a P/E ratio of 18.37, a PEG ratio of 1.71 and a beta of 0.71. Dominion Energy Inc. has a 52-week low of $48.07 and a 52-week high of $67.57. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.59 and a current ratio of 0.77.
Dominion Energy (NYSE:D – Get Free Report) last issued its quarterly earnings data on Monday, February 23rd. The utilities provider reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.01. The company had revenue of $4.09 billion for the quarter, compared to analysts’ expectations of $3.65 billion. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. Dominion Energy’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.58 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts expect that Dominion Energy Inc. will post 3.39 EPS for the current year.
Dominion Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date 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.
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