Claris Financial LLC Purchases New Holdings in Dominion Energy Inc. $D

Claris Financial LLC purchased a new stake in Dominion Energy Inc. (NYSE:D) in the fourth quarter, Holdings Channel.com reports. The firm purchased 15,680 shares of the utilities provider’s stock, valued at approximately $919,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Motiv8 Investments LLC acquired a new stake in shares of Dominion Energy during the fourth quarter worth approximately $25,000. Triumph Capital Management acquired a new stake in Dominion Energy in the third quarter valued at $28,000. Blueline Advisors LLC bought a new position in Dominion Energy during the 4th quarter valued at $28,000. Costello Asset Management INC boosted its stake in Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC acquired a new position in Dominion Energy during the 4th quarter worth $29,000. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Dominion Energy Stock Performance

Dominion Energy stock opened at $68.42 on Friday. The company has a market cap of $60.17 billion, a PE ratio of 20.24 and a beta of 0.65. The company has a fifty day moving average price of $64.83 and a two-hundred day moving average price of $62.44. 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 Inc. has a 12 month low of $54.05 and a 12 month high of $69.28.

Dominion Energy (NYSE:D) last issued its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. The company had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The firm’s revenue was up 23.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Research analysts expect that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Announces Dividend

The firm 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. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, May 29th. Dominion Energy’s dividend payout ratio is currently 78.99%.

Analyst Ratings Changes

Several research firms have recently weighed in on D. Wall Street Zen downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Mizuho increased their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Morgan Stanley lowered their price objective on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Finally, Bank of America upped their price objective on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $67.69.

Dominion Energy 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.