Private Advisor Group LLC Purchases 12,308 Shares of Dominion Energy Inc. $D

Private Advisor Group LLC lifted its position in shares of Dominion Energy Inc. (NYSE:DFree Report) by 9.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 144,280 shares of the utilities provider’s stock after acquiring an additional 12,308 shares during the period. Private Advisor Group LLC’s holdings in Dominion Energy were worth $8,919,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Motiv8 Investments LLC bought a new stake in shares of Dominion Energy in the 4th quarter worth $25,000. Triumph Capital Management bought a new position in shares of Dominion Energy during the third quarter valued at $28,000. Blueline Advisors LLC purchased a new stake in shares of Dominion Energy during the fourth quarter valued at $28,000. Costello Asset Management INC increased its holdings in Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after buying an additional 200 shares in the last quarter. Finally, Advocate Investing Services LLC bought a new stake in Dominion Energy in the 4th quarter worth about $29,000. 73.04% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Dominion Energy

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

Dominion Energy Stock Down 0.2%

Shares of D stock opened at $69.59 on Monday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61. Dominion Energy Inc. has a one year low of $55.36 and a one year high of $70.17. The company’s fifty day moving average price is $66.19 and its 200-day moving average price is $63.19. The company has a market capitalization of $61.20 billion, a price-to-earnings ratio of 20.59 and a beta of 0.65.

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

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were paid a $0.6675 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.8%. Dominion Energy’s dividend payout ratio is 78.99%.

Wall Street Analyst Weigh In

D has been the topic of several research analyst reports. Morgan Stanley lowered their target price on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Truist Financial lowered their price objective on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating on the stock in a research report on Friday, May 29th. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and raised their target price for the stock from $65.00 to $76.00 in a report on Thursday, May 28th. Finally, Mizuho lifted their target price 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. 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 stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $67.62.

Read Our Latest Report on D

Dominion Energy Company Profile

(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.

Recommended Stories

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

Receive News & Ratings for Dominion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy and related companies with MarketBeat.com's FREE daily email newsletter.