Beacon Investment Advisors LLC Takes $433,000 Position in Dominion Energy Inc. $D

Beacon Investment Advisors LLC purchased a new stake in Dominion Energy Inc. (NYSE:D) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,386 shares of the utilities provider’s stock, valued at approximately $433,000.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Dominion Energy by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock valued at $6,274,975,000 after purchasing an additional 940,838 shares during the last quarter. Capital Research Global Investors lifted its stake in Dominion Energy by 9.0% during the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock worth $3,503,142,000 after acquiring an additional 4,940,692 shares in the last quarter. State Street Corp lifted its stake in Dominion Energy by 3.6% during the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock worth $2,848,662,000 after acquiring an additional 1,686,050 shares in the last quarter. Wellington Management Group LLP lifted its stake in Dominion Energy by 4.4% during 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. Finally, Geode Capital Management LLC lifted its stake in Dominion Energy by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock worth $1,196,056,000 after acquiring an additional 314,932 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Trading Up 0.5%

Shares of D stock opened at $68.51 on Wednesday. The business’s 50 day moving average is $64.60 and its two-hundred day moving average is $62.36. Dominion Energy Inc. has a twelve month low of $53.36 and a twelve month high of $69.25. The company has a market capitalization of $60.26 billion, a P/E ratio of 20.27 and a beta of 0.65. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38.

Dominion Energy (NYSE:D) last announced 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. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. During the same period last year, the business posted $0.93 EPS. The company’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. Equities analysts forecast that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is 78.99%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on D. Wells Fargo & Company increased their target price on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Wall Street Zen lowered Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and increased their target price for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. Finally, Mizuho increased their target price on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Dominion Energy presently has an average rating of “Hold” and an average target price of $67.69.

Dominion Energy Company 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.