Claris Financial LLC Invests $919,000 in Dominion Energy Inc. $D

Claris Financial LLC bought a new position in Dominion Energy Inc. (NYSE:D) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 15,680 shares of the utilities provider’s stock, valued at approximately $919,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in D. Corient Private Wealth LLC lifted its stake in shares of Dominion Energy by 16.0% in the 4th quarter. Corient Private Wealth LLC now owns 288,090 shares of the utilities provider’s stock valued at $16,185,000 after purchasing an additional 39,812 shares in the last quarter. CrossGen Wealth LLC acquired a new stake in Dominion Energy during the 4th quarter worth approximately $45,000. Mercer Global Advisors Inc. ADV increased its position in Dominion Energy by 27.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 107,262 shares of the utilities provider’s stock worth $6,284,000 after purchasing an additional 23,348 shares in the last quarter. Beacon Pointe Advisors LLC raised its holdings in Dominion Energy by 5.9% in the fourth quarter. Beacon Pointe Advisors LLC now owns 17,881 shares of the utilities provider’s stock valued at $1,048,000 after buying an additional 993 shares during the period. Finally, Delta Global Management LP purchased a new position in Dominion Energy in the fourth quarter valued at approximately $2,305,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Stock Up 0.6%

NYSE D opened at $68.42 on Friday. The stock has a market cap of $60.17 billion, a PE ratio of 20.24 and a beta of 0.65. Dominion Energy Inc. has a fifty-two week low of $54.05 and a fifty-two week high of $69.28. The business has a 50 day moving average price of $64.83 and a two-hundred day moving average price of $62.44. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38.

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, beating 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 last year, the company earned $0.93 earnings per share. Dominion Energy’s revenue for the quarter was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts predict that Dominion Energy Inc. will post 3.59 EPS for the current fiscal year.

Dominion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, June 20th. Investors of record on Friday, May 29th will be issued a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is presently 78.99%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on D shares. Barclays boosted their price objective on shares of Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Wells Fargo & Company raised their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and lifted their target price for the company from $65.00 to $76.00 in a report on Thursday, May 28th. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Royal Bank Of Canada raised their price objective on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. 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 company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $67.69.

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.