Dominion Energy Inc. $D Shares Purchased by American Century Companies Inc.

American Century Companies Inc. boosted its stake in shares of Dominion Energy Inc. (NYSE:D) by 7.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,589,127 shares of the utilities provider’s stock after buying an additional 334,267 shares during the period. American Century Companies Inc.’s holdings in Dominion Energy were worth $280,717,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Dominion Energy by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 106,158,920 shares of the utilities provider’s stock worth $6,493,741,000 after acquiring an additional 363,610 shares during the last quarter. State Street Corp grew its holdings in shares of Dominion Energy by 2.9% in the second quarter. State Street Corp now owns 46,341,408 shares of the utilities provider’s stock valued at $2,619,216,000 after purchasing an additional 1,313,621 shares during the period. Geode Capital Management LLC increased its position in Dominion Energy by 3.0% during the second quarter. Geode Capital Management LLC now owns 19,725,397 shares of the utilities provider’s stock worth $1,112,697,000 after purchasing an additional 575,350 shares during the last quarter. Norges Bank acquired a new stake in Dominion Energy during the second quarter worth about $566,924,000. Finally, Legal & General Group Plc raised its stake in Dominion Energy by 5.4% during the second quarter. Legal & General Group Plc now owns 7,669,476 shares of the utilities provider’s stock worth $433,479,000 after purchasing an additional 394,158 shares during the period. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Dominion Energy Price Performance

D stock opened at $63.00 on Friday. The business’s fifty day moving average price is $61.17 and its 200 day moving average price is $60.64. Dominion Energy Inc. has a 12-month low of $48.07 and a 12-month high of $67.57. The company has a current ratio of 0.77, a quick ratio of 0.65 and a debt-to-equity ratio of 1.36. The company has a market capitalization of $55.37 billion, a PE ratio of 18.31, a P/E/G ratio of 1.71 and a beta of 0.71.

Dominion Energy (NYSE:D) last released its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.01. The company had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $3.65 billion. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.Dominion Energy’s revenue was up 20.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.58 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, sell-side analysts anticipate that Dominion Energy Inc. will post 3.39 EPS for the current year.

Dominion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 27th will be issued a $0.6675 dividend. The ex-dividend date is Friday, February 27th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.2%. Dominion Energy’s payout ratio is 77.62%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on D. BMO Capital Markets dropped 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 research note on Monday, November 3rd. TD Cowen started coverage on shares of Dominion Energy in a research report on Friday, January 9th. They set a “hold” rating and a $65.00 price target on the stock. Wells Fargo & Company lowered their price objective on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Barclays cut their target price on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Finally, Mizuho upped their price target on Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a research note on Tuesday, February 24th. Three equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Dominion Energy currently has a consensus rating of “Hold” and a consensus price target of $64.50.

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.