Virtu Financial LLC Makes New Investment in Dominion Energy Inc. $D

Virtu Financial LLC bought a new stake in shares of Dominion Energy Inc. (NYSE:D) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 11,546 shares of the utilities provider’s stock, valued at approximately $676,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. AustralianSuper Pty Ltd lifted its holdings in Dominion Energy by 1,785.9% in the third quarter. AustralianSuper Pty Ltd now owns 519,100 shares of the utilities provider’s stock worth $31,753,000 after acquiring an additional 491,574 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of Dominion Energy by 4.4% during the third quarter. Wellington Management Group LLP now owns 30,746,146 shares of the utilities provider’s stock valued at $1,880,742,000 after purchasing an additional 1,298,881 shares during the last quarter. CWA Asset Management Group LLC grew its holdings in shares of Dominion Energy by 192.1% during the fourth quarter. CWA Asset Management Group LLC now owns 37,068 shares of the utilities provider’s stock valued at $2,172,000 after purchasing an additional 24,376 shares during the last quarter. SageView Advisory Group LLC raised its position in shares of Dominion Energy by 100.8% during the 3rd quarter. SageView Advisory Group LLC now owns 56,167 shares of the utilities provider’s stock worth $3,436,000 after purchasing an additional 28,199 shares during the period. Finally, Capital Research Global Investors lifted its holdings in shares of Dominion Energy by 22.4% in the 3rd quarter. Capital Research Global Investors now owns 54,850,042 shares of the utilities provider’s stock worth $3,355,175,000 after purchasing an additional 10,049,691 shares during the last quarter. 73.04% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Morgan Stanley reduced their price objective on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Weiss Ratings upgraded Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and boosted their price target for the company from $65.00 to $76.00 in a report on Thursday, May 28th. Truist Financial lowered their price target on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research report on Friday, May 29th. Finally, Barclays increased their price objective on shares of Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $67.69.

Dominion Energy Stock Performance

Shares of D stock opened at $67.94 on Tuesday. Dominion Energy Inc. has a 12-month low of $54.25 and a 12-month high of $69.28. The firm has a market capitalization of $59.75 billion, a price-to-earnings ratio of 20.10 and a beta of 0.65. The business has a 50 day simple moving average of $65.01 and a 200 day simple moving average of $62.55. 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 (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 firm had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. During the same quarter in the previous year, the business earned $0.93 EPS. The firm’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. On average, equities research analysts anticipate that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Dividend Announcement

The business also recently disclosed 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. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Friday, May 29th. Dominion Energy’s payout ratio is currently 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.