Fideuram Asset Management Ireland dac Buys Shares of 9,224 Dominion Energy Inc. $D

Fideuram Asset Management Ireland dac bought a new stake in shares of Dominion Energy Inc. (NYSE:D) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 9,224 shares of the utilities provider’s stock, valued at approximately $524,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Triumph Capital Management purchased a new stake in Dominion Energy during the third quarter valued at approximately $28,000. Blueline Advisors LLC purchased a new stake in Dominion Energy during the fourth quarter valued at approximately $28,000. United Community Bank bought a new position in shares of Dominion Energy in the third quarter worth approximately $29,000. Costello Asset Management INC increased its stake in shares of Dominion Energy by 66.7% in the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares in the last quarter. Finally, JPL Wealth Management LLC purchased a new stake in shares of Dominion Energy in the third quarter worth $30,000. 73.04% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on D shares. Bank of America increased their price objective on shares of Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Truist Financial reduced their price objective on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research note on Friday. Seaport Research Partners cut shares of Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Wall Street Zen cut shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Finally, Barclays increased their price objective on shares of Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and an average target price of $67.69.

Dominion Energy Price Performance

D stock opened at $66.95 on Friday. Dominion Energy Inc. has a 52 week low of $53.36 and a 52 week high of $68.97. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. The company has a fifty day simple moving average of $63.28 and a two-hundred day simple moving average of $61.90. The firm has a market capitalization of $58.88 billion, a P/E ratio of 19.81 and a beta of 0.65.

Dominion Energy (NYSE:D) last released its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.90 by $0.05. The business had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. Dominion Energy’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts anticipate that Dominion Energy Inc. will post 3.59 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Stockholders of record on Friday, May 29th will be issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is 78.99%.

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.