IFM Investors Pty Ltd Raises Stock Position in Dominion Energy Inc. $D

IFM Investors Pty Ltd raised its stake in shares of Dominion Energy Inc. (NYSE:DFree Report) by 7.5% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 209,231 shares of the utilities provider’s stock after buying an additional 14,656 shares during the period. IFM Investors Pty Ltd’s holdings in Dominion Energy were worth $12,935,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. AustralianSuper Pty Ltd increased its stake in shares of Dominion Energy by 1,785.9% in the 3rd quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock valued at $31,753,000 after purchasing an additional 491,574 shares in the last quarter. CWA Asset Management Group LLC grew its stake in Dominion Energy by 192.1% in the 4th quarter. CWA Asset Management Group LLC now owns 37,068 shares of the utilities provider’s stock valued at $2,172,000 after acquiring an additional 24,376 shares during the period. Wellington Management Group LLP increased its holdings in Dominion Energy by 4.4% in the 3rd 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 in the last quarter. Capital Research Global Investors raised its position in 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 period. Finally, SageView Advisory Group LLC raised its position in Dominion Energy by 100.8% during the third quarter. SageView Advisory Group LLC now owns 56,167 shares of the utilities provider’s stock worth $3,436,000 after acquiring an additional 28,199 shares during the period. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Key Dominion Energy News

Here are the key news stories impacting Dominion Energy this week:

Wall Street Analyst Weigh In

D has been the subject of several research reports. Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. 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. Mizuho boosted their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. 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, Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and boosted their target price for the stock from $65.00 to $76.00 in a report on Thursday, May 28th. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $67.62.

View Our Latest Stock Report on D

Dominion Energy Trading Down 0.8%

Shares of NYSE D opened at $67.77 on Thursday. 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 capitalization of $59.60 billion, a PE ratio of 20.05 and a beta of 0.65. Dominion Energy Inc. has a twelve month low of $55.36 and a twelve month high of $70.17. The stock has a fifty day simple moving average of $65.84 and a 200-day simple moving average of $63.05.

Dominion Energy (NYSE:DGet Free Report) last posted its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $4.43 billion. During the same quarter in the prior year, the company earned $0.93 EPS. Dominion Energy’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. On average, equities analysts forecast that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were given 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 currently 78.99%.

About Dominion Energy

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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