Rockefeller Capital Management L.P. Increases Stock Position in Dominion Energy Inc. $D

Rockefeller Capital Management L.P. boosted its position in Dominion Energy Inc. (NYSE:D) by 39.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 260,507 shares of the utilities provider’s stock after acquiring an additional 73,276 shares during the period. Rockefeller Capital Management L.P.’s holdings in Dominion Energy were worth $15,263,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital Analysts LLC increased its holdings in Dominion Energy by 2.4% during the 4th quarter. Capital Analysts LLC now owns 6,651 shares of the utilities provider’s stock valued at $390,000 after purchasing an additional 157 shares during the period. Conning Inc. lifted its holdings in Dominion Energy by 0.5% in the 4th quarter. Conning Inc. now owns 33,217 shares of the utilities provider’s stock worth $1,946,000 after buying an additional 176 shares during the period. Castle Rock Wealth Management LLC grew its position in shares of Dominion Energy by 2.6% in the 4th quarter. Castle Rock Wealth Management LLC now owns 6,885 shares of the utilities provider’s stock worth $422,000 after buying an additional 177 shares during the last quarter. Mather Group LLC. grew its position in shares of Dominion Energy by 3.4% in the 4th quarter. Mather Group LLC. now owns 5,400 shares of the utilities provider’s stock worth $316,000 after buying an additional 178 shares during the last quarter. Finally, Redwood Investment Management LLC increased its stake in shares of Dominion Energy by 0.6% during the second quarter. Redwood Investment Management LLC now owns 31,778 shares of the utilities provider’s stock valued at $1,796,000 after buying an additional 183 shares during the period. 73.04% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

D has been the subject of a number of research analyst reports. Scotiabank raised their price target on Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and upped their price objective for the stock from $65.00 to $76.00 in a report on Thursday, May 28th. Mizuho lifted their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Wells Fargo & Company lifted their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Finally, Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $67.62.

Dominion Energy Trading Up 0.7%

NYSE D opened at $68.54 on Wednesday. The firm has a market capitalization of $60.28 billion, a PE ratio of 20.28 and a beta of 0.65. The stock’s 50 day moving average is $65.10 and its 200 day moving average is $62.61. Dominion Energy Inc. has a twelve month low of $54.79 and a twelve month high of $69.28. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38.

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

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Investors of record on Friday, May 29th were given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is 78.99%.

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.