Exchange Traded Concepts LLC raised its holdings in Dominion Energy Inc. (NYSE:D – Free Report) by 105.6% during the third quarter, HoldingsChannel reports. The firm owned 260,272 shares of the utilities provider’s stock after buying an additional 133,658 shares during the period. Exchange Traded Concepts LLC’s holdings in Dominion Energy were worth $15,921,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also made changes to their positions in the company. Barnes Wealth Management Group Inc grew its holdings in shares of Dominion Energy by 4.4% during the second quarter. Barnes Wealth Management Group Inc now owns 3,970 shares of the utilities provider’s stock worth $224,000 after buying an additional 169 shares during the last quarter. SPC Financial Inc. lifted its position in Dominion Energy by 1.4% during the 2nd quarter. SPC Financial Inc. now owns 12,179 shares of the utilities provider’s stock worth $688,000 after acquiring an additional 172 shares during the period. Maridea Wealth Management LLC grew its stake in shares of Dominion Energy by 2.1% in the 2nd quarter. Maridea Wealth Management LLC now owns 8,940 shares of the utilities provider’s stock valued at $505,000 after purchasing an additional 183 shares during the last quarter. Redwood Investment Management LLC increased its holdings in shares of Dominion Energy by 0.6% in the second quarter. Redwood Investment Management LLC now owns 31,778 shares of the utilities provider’s stock valued at $1,796,000 after purchasing an additional 183 shares during the period. Finally, Quotient Wealth Partners LLC raised its stake in shares of Dominion Energy by 2.4% during the second quarter. Quotient Wealth Partners LLC now owns 7,795 shares of the utilities provider’s stock worth $441,000 after purchasing an additional 184 shares during the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
D has been the topic of a number of analyst reports. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $70.00 price objective on shares of Dominion Energy in a research report on Tuesday, October 28th. Evercore ISI assumed coverage on shares of Dominion Energy in a report on Tuesday, October 7th. They issued an “in-line” rating and a $67.00 target price on the stock. BMO Capital Markets cut their price target on shares of Dominion Energy from $67.00 to $65.00 and set a “market perform” rating for the company in a report on Monday, November 3rd. BTIG Research started coverage on shares of Dominion Energy in a research report on Wednesday, October 22nd. They issued a “neutral” rating for the company. Finally, Wells Fargo & Company started coverage on Dominion Energy in a research report on Tuesday, October 28th. They set an “overweight” rating and a $67.00 target price on the stock. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dominion Energy presently has an average rating of “Hold” and an average target price of $64.75.
Dominion Energy Stock Down 3.7%
Shares of NYSE D opened at $57.26 on Tuesday. The stock has a market capitalization of $48.90 billion, a price-to-earnings ratio of 19.47, a price-to-earnings-growth ratio of 1.70 and a beta of 0.70. Dominion Energy Inc. has a 52 week low of $48.07 and a 52 week high of $62.87. The firm has a 50-day moving average price of $60.32 and a 200 day moving average price of $59.35. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 1.41.
Dominion Energy (NYSE:D – Get Free Report) last issued its earnings results on Friday, October 31st. The utilities provider reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.04. Dominion Energy had a net margin of 16.17% and a return on equity of 9.60%. The company had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $4.71 billion. During the same period last year, the company posted $0.98 earnings per share. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. Dominion Energy has set its FY 2025 guidance at 3.330-3.480 EPS. Equities research analysts anticipate that Dominion Energy Inc. will post 3.39 EPS for the current fiscal year.
Dominion Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Saturday, December 20th. Investors of record on Friday, December 5th were issued a dividend of $0.6675 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $2.67 annualized dividend and a yield of 4.7%. Dominion Energy’s payout ratio is currently 90.82%.
Trending Headlines about Dominion Energy
Here are the key news stories impacting Dominion Energy this week:
- Positive Sentiment: Unusually large options activity: traders bought roughly 15,480 call contracts today (≈312% above typical call volume), which can signal speculative interest or hedging that could support near‑term buying pressure. Options Volume Report
- Positive Sentiment: Dominion pushed back with a public statement calling CVOW essential for Virginia’s growing energy needs and national security, signaling the company will seek to limit disruption and defend the project — an indication management expects to contest or work through the pause. Dominion statement
- Neutral Sentiment: Local/community items (charitable grants, regional news) appeared today but are unlikely to move the stock materially; they reflect ongoing community engagement rather than financial catalysts. Charitable grants
- Negative Sentiment: Federal pause of five offshore wind leases (including CVOW) is the primary negative catalyst — it creates near‑term project delays, potential cost increases and regulatory uncertainty that could reduce expected future cash flows from the offshore wind business. Outer Banks Voice: Project paused
- Negative Sentiment: Multiple national outlets report the pause and cite radar/defense concerns; coverage has driven selling pressure and higher-than-normal trading volume as investors price in regulatory and execution risk. Investing.com: stock sinks
- Negative Sentiment: Analyst/media discussion and market headlines (Barron’s, MSN, Virginia Business) emphasize the lease suspensions and potential delays — amplifying downside sentiment until regulators clarify the path forward. Barron’s: lease pause
- Negative Sentiment: Local opposition to some transmission projects and other regional permitting challenges add to the regulatory risk profile for Dominion’s grid/renewables expansion plans. MSN: protests
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.
Read More
- Five stocks we like better than Dominion Energy
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Can Any Expenses Be Deducted From Capital Gains Tax?
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- The Last Gold Bull Market
Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.
