Constant Guidance Financial LLC Invests $686,000 in Dominion Energy Inc. $D

Constant Guidance Financial LLC bought a new position in shares of Dominion Energy Inc. (NYSE:D) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,700 shares of the utilities provider’s stock, valued at approximately $686,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in D. Capital Research Global Investors raised its position in shares of Dominion Energy by 22.4% during the third quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock worth $3,355,175,000 after acquiring an additional 10,049,691 shares during the last quarter. ANTIPODES PARTNERS Ltd raised its position in shares of Dominion Energy by 84,502.3% during the third quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock worth $106,150,000 after acquiring an additional 1,733,143 shares during the last quarter. Wellington Management Group LLP raised its position in shares of 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 acquiring an additional 1,298,881 shares during the last quarter. Invesco Ltd. raised its position in shares of Dominion Energy by 10.8% during the third quarter. Invesco Ltd. now owns 11,545,003 shares of the utilities provider’s stock worth $706,208,000 after acquiring an additional 1,129,130 shares during the last quarter. Finally, Munich Reinsurance Co Stock Corp in Munich bought a new stake in Dominion Energy in the third quarter valued at about $65,230,000. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Down 0.0%

NYSE:D opened at $67.27 on Thursday. Dominion Energy Inc. has a 1 year low of $53.36 and a 1 year high of $68.97. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The stock has a market cap of $59.16 billion, a price-to-earnings ratio of 19.90 and a beta of 0.65. The stock has a 50-day moving average price of $63.10 and a two-hundred day moving average price of $61.82.

Dominion Energy (NYSE:D) last posted its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The firm had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. The company’s revenue was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts expect that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be paid a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Friday, May 29th. Dominion Energy’s payout ratio is presently 78.99%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on D shares. Barclays upped their price objective on Dominion Energy from $66.00 to $70.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Truist Financial started coverage on Dominion Energy in a report on Tuesday, April 21st. They issued a “hold” rating and a $67.00 price objective for the company. Bank of America upped their price objective on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Finally, Mizuho upped their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a report on Tuesday. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Dominion Energy has an average rating of “Hold” and an average target price of $66.92.

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.