GSA Capital Partners LLP Makes New $707,000 Investment in Dominion Energy Inc. $D

GSA Capital Partners LLP bought a new position in Dominion Energy Inc. (NYSE:D) during the 2nd quarter, HoldingsChannel reports. The fund bought 10,360 shares of the utilities provider’s stock, valued at approximately $707,000.

A number of other institutional investors have also recently made changes to their positions in D. Motiv8 Investments LLC bought a new stake in shares of Dominion Energy during the fourth quarter valued at approximately $25,000. Blueline Advisors LLC bought a new position in Dominion Energy in the 4th quarter valued at approximately $28,000. Triumph Capital Management purchased a new stake in Dominion Energy during the 3rd 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 purchasing an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC bought a new stake in shares of Dominion Energy in the 4th quarter worth $29,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Down 0.4%

D opened at $68.36 on Thursday. The firm’s fifty day moving average is $69.23 and its 200 day moving average is $65.56. Dominion Energy Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $72.99. The stock has a market cap of $60.12 billion, a price-to-earnings ratio of 23.82 and a beta of 0.65. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81.

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

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be given a dividend of $0.6675 per share. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a dividend yield of 3.9%. Dominion Energy’s dividend payout ratio (DPR) is presently 93.03%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. BMO Capital Markets boosted their price target on Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 22nd. Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Wells Fargo & Company boosted their target price on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. TD Cowen upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and upped their target price for the company from $69.00 to $80.00 in a research note on Wednesday. Finally, Truist Financial dropped their price target on shares of Dominion Energy from $68.00 to $66.00 and set a “hold” rating on the stock in a report on Thursday, August 13th. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $69.93.

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.