Dominion Energy Inc. $D Shares Purchased by John G Ullman & Associates Inc.

John G Ullman & Associates Inc. increased its stake in shares of Dominion Energy Inc. (NYSE:D) by 7.2% during the 4th quarter, Holdings Channel reports. The fund owned 193,488 shares of the utilities provider’s stock after purchasing an additional 13,000 shares during the quarter. Dominion Energy makes up about 1.5% of John G Ullman & Associates Inc.’s investment portfolio, making the stock its 16th largest position. John G Ullman & Associates Inc.’s holdings in Dominion Energy were worth $11,336,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Dominion Energy by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock worth $6,274,975,000 after acquiring an additional 940,838 shares during the period. Capital Research Global Investors grew its holdings in Dominion Energy by 22.4% in the third quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock valued at $3,355,175,000 after purchasing an additional 10,049,691 shares during the period. State Street Corp grew its holdings in Dominion Energy by 1.3% in the third quarter. State Street Corp now owns 46,934,223 shares of the utilities provider’s stock valued at $2,870,966,000 after purchasing an additional 592,815 shares during the period. Wellington Management Group LLP grew its holdings in Dominion Energy by 4.4% in the third quarter. Wellington Management Group LLP now owns 30,746,146 shares of the utilities provider’s stock valued at $1,880,742,000 after purchasing an additional 1,298,881 shares during the period. Finally, Bank of America Corp DE grew its holdings in Dominion Energy by 3.0% in the third quarter. Bank of America Corp DE now owns 14,678,283 shares of the utilities provider’s stock valued at $897,871,000 after purchasing an additional 422,971 shares during the period. 73.04% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Wall Street Zen lowered Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings reissued a “buy (b-)” rating on shares of Dominion Energy in a report on Friday, May 8th. Barclays raised their price objective on Dominion Energy from $66.00 to $70.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Truist Financial assumed coverage on Dominion Energy in a report on Tuesday, April 21st. They issued a “hold” rating and a $67.00 price objective on the stock. Finally, Bank of America raised their price objective on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Dominion Energy currently has an average rating of “Hold” and a consensus target price of $66.31.

Dominion Energy Stock Performance

NYSE D opened at $61.83 on Friday. The company has a market cap of $54.37 billion, a PE ratio of 18.29, a price-to-earnings-growth ratio of 3.25 and a beta of 0.65. The stock’s 50 day simple moving average is $62.34 and its 200-day simple moving average is $61.35. Dominion Energy Inc. has a 1-year low of $53.36 and a 1-year high of $67.57. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61.

Dominion Energy (NYSE:D) last released its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.05. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The business had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. During the same quarter last year, the business posted $0.93 earnings per share. The business’s quarterly revenue was up 23.1% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities research analysts anticipate that Dominion Energy Inc. will post 3.59 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be given a dividend of $0.6675 per share. The ex-dividend date is Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a yield of 4.3%. Dominion Energy’s dividend payout ratio (DPR) is presently 78.99%.

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.