Dominion Energy Inc. $D Shares Purchased by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co boosted its holdings in Dominion Energy Inc. (NYSE:D) by 19.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 65,634 shares of the utilities provider’s stock after buying an additional 10,589 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Dominion Energy were worth $4,015,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings 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 valued at $6,493,741,000 after acquiring an additional 363,610 shares during the last quarter. State Street Corp boosted its holdings in 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 in the last quarter. Geode Capital Management LLC increased its stake in Dominion Energy by 3.0% in the second quarter. Geode Capital Management LLC now owns 19,725,397 shares of the utilities provider’s stock valued at $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 approximately $566,924,000. Finally, Legal & General Group Plc lifted its position in shares of Dominion Energy by 5.4% during the 2nd quarter. Legal & General Group Plc now owns 7,669,476 shares of the utilities provider’s stock worth $433,479,000 after buying an additional 394,158 shares during the last quarter. 73.04% of the stock is owned by hedge funds and other institutional investors.

Dominion Energy Stock Down 0.4%

D opened at $62.79 on Wednesday. Dominion Energy Inc. has a 52 week low of $48.07 and a 52 week high of $67.57. The business has a 50 day moving average price of $61.38 and a two-hundred day moving average price of $60.66. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36. The company has a market cap of $55.18 billion, a PE ratio of 18.25, 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.01. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The business had revenue of $4.09 billion for the quarter, compared to analyst estimates of $3.65 billion. During the same quarter in the previous year, the company posted $0.58 earnings per share. The company’s revenue for the quarter was up 20.4% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, research analysts anticipate that Dominion Energy Inc. will post 3.39 EPS for the current year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, February 27th. Dominion Energy’s dividend payout ratio (DPR) is 77.62%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on D shares. Mizuho increased their target price on shares of Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a research report on Tuesday, February 24th. JPMorgan Chase & Co. decreased their price objective on shares of Dominion Energy from $62.00 to $59.00 and set an “underweight” rating for the company in a research note on Thursday, December 11th. Weiss Ratings raised Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Scotiabank boosted their target price on Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a report on Monday. Finally, Barclays decreased their target price on Dominion Energy from $64.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Three investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $64.73.

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.