Dominion Energy Inc. $D Shares Bought by Alps Advisors Inc.

Alps Advisors Inc. grew its position in shares of Dominion Energy Inc. (NYSE:D) by 4.6% during the fourth quarter, Holdings Channel reports. The firm owned 442,421 shares of the utilities provider’s stock after acquiring an additional 19,335 shares during the quarter. Alps Advisors Inc.’s holdings in Dominion Energy were worth $25,921,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in D. Triumph Capital Management acquired a new stake in shares of Dominion Energy in the third quarter valued at $28,000. Blueline Advisors LLC acquired a new stake in shares of Dominion Energy in the fourth quarter valued at $28,000. Costello Asset Management INC raised 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 valued at $29,000 after acquiring an additional 200 shares in the last quarter. JPL Wealth Management LLC acquired a new stake in shares of Dominion Energy in the third quarter valued at $30,000. Finally, Cornerstone Planning Group LLC raised its stake in shares of Dominion Energy by 5,080.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 518 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 508 shares in the last quarter. 73.04% of the stock is currently owned by institutional investors and hedge funds.

More Dominion Energy News

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

• Positive Sentiment: Dominion is being viewed as a beneficiary of data center expansion, which could boost electricity demand and long-term earnings growth. Dominion Energy (D) is Poised to Benefit from Data Center Expansion
• Positive Sentiment: News and commentary around a potential NextEra-Dominion merger suggests the company could become part of a larger strategic utility deal, which some investors see as a possible valuation catalyst. Now Is a Good Time to Buy Into America’s Mega Utility Merger
• Positive Sentiment: Dominion is advancing grid infrastructure for an offshore wind project off North Carolina, signaling continued capital deployment into regulated energy assets. Dominion to buy land for North Carolina offshore wind project

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Wall Street Zen cut Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and increased their price objective for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Barclays increased their price objective on Dominion Energy from $66.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, Mizuho increased their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $67.69.

Dominion Energy Stock Performance

Shares of D stock opened at $66.80 on Friday. The stock’s 50-day moving average is $64.26 and its two-hundred day moving average is $62.23. The firm has a market cap of $58.75 billion, a price-to-earnings ratio of 19.76 and a beta of 0.65. Dominion Energy Inc. has a 1 year low of $53.36 and a 1 year high of $68.97. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78.

Dominion Energy (NYSE:D) last issued its quarterly earnings data 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. The company had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The business’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts predict that Dominion Energy Inc. will post 3.59 earnings per share for the current year.

Dominion Energy Dividend Announcement

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