Pacer Advisors Inc. Reduces Stock Holdings in Dominion Energy Inc. $D

Pacer Advisors Inc. cut its position in Dominion Energy Inc. (NYSE:D) by 50.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 56,856 shares of the utilities provider’s stock after selling 58,286 shares during the period. Pacer Advisors Inc.’s holdings in Dominion Energy were worth $3,515,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Steelhead Wealth Management LLC bought a new position in Dominion Energy in the 1st quarter valued at approximately $243,000. S&A Financial Services Inc. bought a new stake in shares of Dominion Energy in the 1st quarter worth $260,000. Parallel Advisors LLC raised its stake in shares of Dominion Energy by 2.9% in the first quarter. Parallel Advisors LLC now owns 12,670 shares of the utilities provider’s stock worth $783,000 after purchasing an additional 359 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Dominion Energy by 6.8% in the first quarter. NewEdge Advisors LLC now owns 133,997 shares of the utilities provider’s stock worth $8,284,000 after purchasing an additional 8,503 shares during the last quarter. Finally, Blue Edge Capital LLC boosted its position in shares of Dominion Energy by 11.6% during the first quarter. Blue Edge Capital LLC now owns 17,527 shares of the utilities provider’s stock valued at $1,084,000 after buying an additional 1,827 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on D shares. Barclays decreased their target price on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. Weiss Ratings upgraded shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Truist Financial decreased their price objective on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a report on Friday, May 29th. Bank of America boosted their price objective on shares of Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Finally, Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and increased their price objective for the company from $65.00 to $76.00 in a research report on Thursday, May 28th. Four research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $68.00.

Dominion Energy Stock Down 2.2%

Dominion Energy stock opened at $66.73 on Friday. The stock has a market cap of $58.69 billion, a PE ratio of 23.25 and a beta of 0.65. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.61 and a current ratio of 0.81. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The stock has a fifty day moving average of $68.87 and a 200 day moving average of $65.07.

Dominion Energy (NYSE:D) last announced its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. The business had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The business’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period last year, the firm posted $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be issued a $0.6675 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.0%. Dominion Energy’s dividend payout ratio (DPR) is presently 93.03%.

Dominion Energy News Summary

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Virginia Gov. Abigail Spanberger’s intervention could give the state greater influence over the merger’s terms, including protections for customers, jobs and the financial interests of Virginia. The deal remains subject to review by the State Corporation Commission. Gov. Spanberger to intervene in NextEra Energy and Dominion merger
• Neutral Sentiment: A regulatory timeline has been established for the landmark Dominion-NextEra transaction, providing investors with more visibility into the approval process, although final terms and timing remain uncertain. Timeline set for landmark Dominion-NextEra Energy merger
• Neutral Sentiment: Options-market activity is drawing attention to the possibility of a larger move in D shares, but options positioning is speculative and does not establish a fundamental catalyst. Is the Options Market Predicting a Spike in Dominion Energy Stock?
• Neutral Sentiment: A commission order requires Dominion to develop a plan for allocating data-center-related costs. The initiative may support the company’s ability to serve rapidly growing electricity demand, but it also raises the prospect of additional scrutiny over who pays for infrastructure investments. Commission orders Dominion to develop data center cost plan
• Negative Sentiment: Dominion reportedly faces as much as $800 million in tariffs on Siemens Gamesa wind turbines and related components. If not recovered through rates or otherwise mitigated, the added costs could pressure project economics, cash flow and returns. Dominion faces $800m Trump tariff bill
• Negative Sentiment: Spanberger’s unprecedented decision to formally intervene creates another hurdle for the merger and increases the risk of delays, tougher conditions or changes to the transaction’s expected benefits. Spanberger takes unprecedented step to intervene in $67B Dominion-NextEra merger

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.