BTC Capital Management Inc. Raises Stock Holdings in Dominion Energy Inc. $D

BTC Capital Management Inc. lifted its stake in Dominion Energy Inc. (NYSE:D) by 15.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,996 shares of the utilities provider’s stock after buying an additional 8,749 shares during the quarter. BTC Capital Management Inc.’s holdings in Dominion Energy were worth $4,017,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Motiv8 Investments LLC purchased a new stake in Dominion Energy in the 4th quarter worth approximately $25,000. Triumph Capital Management purchased a new position in Dominion Energy during the third quarter valued at approximately $28,000. Blueline Advisors LLC bought a new position in shares of Dominion Energy in the fourth quarter worth approximately $28,000. Costello Asset Management INC boosted its position 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 during the period. Finally, Advocate Investing Services LLC purchased a new stake in shares of Dominion Energy in the fourth quarter worth $29,000. 73.04% of the stock is owned by hedge funds and other institutional investors.

Dominion Energy Price Performance

D stock opened at $69.28 on Thursday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. The company’s fifty day moving average price is $65.22 and its 200-day moving average price is $62.68. Dominion Energy Inc. has a one year low of $54.79 and a one year high of $69.43. The company has a market capitalization of $60.92 billion, a PE ratio of 20.50 and a beta of 0.65.

Dominion Energy (NYSE:D) last posted its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.05. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period last year, the company posted $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts anticipate that Dominion Energy Inc. will post 3.59 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, May 29th. Dominion Energy’s dividend payout ratio is 78.99%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on D shares. Truist Financial lowered their target price on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating on the stock in a research note on Friday, May 29th. Royal Bank Of Canada increased their price target on Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 19th. Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Morgan Stanley lowered their price objective on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Finally, Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $67.62.

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.