Dominion Energy Inc. $D Shares Purchased by Beech Hill Advisors Inc.

Beech Hill Advisors Inc. boosted its stake in shares of Dominion Energy Inc. (NYSE:D) by 455.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 39,975 shares of the utilities provider’s stock after acquiring an additional 32,775 shares during the quarter. Beech Hill Advisors Inc.’s holdings in Dominion Energy were worth $2,342,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Dominion Energy by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 106,158,920 shares of the utilities provider’s stock worth $6,493,741,000 after purchasing an additional 363,610 shares during the period. Capital Research Global Investors increased its holdings in shares of Dominion Energy by 22.4% during the 3rd quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock valued at $3,355,175,000 after purchasing an additional 10,049,691 shares in the last quarter. State Street Corp lifted its stake in shares of Dominion Energy by 1.3% in the 3rd quarter. State Street Corp now owns 46,934,223 shares of the utilities provider’s stock valued at $2,870,966,000 after purchasing an additional 592,815 shares during the period. Wellington Management Group LLP boosted its holdings in Dominion Energy by 4.4% during the third quarter. Wellington Management Group LLP now owns 30,746,146 shares of the utilities provider’s stock worth $1,880,742,000 after buying an additional 1,298,881 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in Dominion Energy by 3.0% during the third quarter. Bank of America Corp DE now owns 14,678,283 shares of the utilities provider’s stock worth $897,871,000 after buying an additional 422,971 shares in the last quarter. 73.04% of the stock is owned by institutional investors and hedge funds.

Dominion Energy Stock Down 0.0%

D opened at $60.89 on Friday. The company has a market cap of $53.52 billion, a PE ratio of 17.70, a price-to-earnings-growth ratio of 1.65 and a beta of 0.71. Dominion Energy Inc. has a twelve month low of $48.07 and a twelve month high of $67.57. The company has a 50-day moving average price of $62.46 and a 200 day moving average price of $60.91. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.01. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The company had revenue of $4.09 billion for the quarter, compared to analysts’ expectations of $3.65 billion. During the same period in the previous year, the firm posted $0.58 EPS. Dominion Energy’s revenue 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. Sell-side analysts expect that Dominion Energy Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, February 27th were given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, February 27th. Dominion Energy’s payout ratio is presently 77.62%.

Analyst Ratings Changes

A number of research analysts have weighed in on D shares. TD Cowen began coverage on shares of Dominion Energy in a report on Friday, January 9th. They issued a “hold” rating and a $65.00 price objective for the company. Scotiabank upped their price objective on shares of Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research report on Monday, March 2nd. Mizuho raised their target price on Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a research report on Tuesday, February 24th. Wells Fargo & Company cut their price target on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Finally, Weiss Ratings raised Dominion Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $65.20.

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.