Pacer Advisors Inc. Has $6.75 Million Stock Holdings in Dominion Energy Inc. $D

Pacer Advisors Inc. boosted its position in Dominion Energy Inc. (NYSE:D) by 60.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 115,142 shares of the utilities provider’s stock after purchasing an additional 43,213 shares during the period. Pacer Advisors Inc.’s holdings in Dominion Energy were worth $6,746,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Virtu Financial LLC acquired a new stake in shares of Dominion Energy in the fourth quarter valued at approximately $676,000. MV Capital Management Inc. acquired a new position in shares of Dominion Energy during the 4th quarter worth approximately $45,000. Hamilton Wealth LLC increased its holdings in shares of Dominion Energy by 2.0% during the 4th quarter. Hamilton Wealth LLC now owns 14,630 shares of the utilities provider’s stock worth $857,000 after acquiring an additional 292 shares during the last quarter. WealthPoint Financial LLC bought a new stake in Dominion Energy in the 4th quarter valued at $214,000. Finally, Compound Planning Inc. lifted its holdings in Dominion Energy by 2.1% during the 4th quarter. Compound Planning Inc. now owns 11,710 shares of the utilities provider’s stock valued at $686,000 after purchasing an additional 245 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.

Analysts Set New Price Targets

D has been the subject of a number of research analyst reports. Seaport Research Partners cut shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Wells Fargo & Company raised their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Scotiabank raised their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and upped their price target for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Finally, Bank of America increased their price target on shares of Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Four research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $67.69.

Dominion Energy Price Performance

Shares of D opened at $68.42 on Monday. Dominion Energy Inc. has a 12-month low of $54.05 and a 12-month high of $69.28. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. The business has a 50-day simple moving average of $64.94 and a two-hundred day simple moving average of $62.50. The stock has a market cap of $60.17 billion, a PE ratio of 20.24 and a beta of 0.65.

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

Dominion Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Saturday, June 20th. Investors of record on Friday, May 29th were paid a dividend of $0.6675 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.67 annualized dividend and a yield of 3.9%. Dominion Energy’s dividend payout ratio is currently 78.99%.

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.