Fideuram Intesa Sanpaolo Private Banking S.P.A. Buys 8,430 Shares of Dominion Energy Inc. $D

Fideuram Intesa Sanpaolo Private Banking S.P.A. raised its position in shares of Dominion Energy Inc. (NYSE:DFree Report) by 18.0% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 55,187 shares of the utilities provider’s stock after acquiring an additional 8,430 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Dominion Energy were worth $3,412,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Motiv8 Investments LLC purchased a new position in shares of Dominion Energy during the fourth quarter valued at approximately $25,000. Triumph Capital Management purchased a new stake in shares of Dominion Energy in the third quarter worth approximately $28,000. Blueline Advisors LLC purchased a new stake in shares of Dominion Energy in the fourth quarter worth approximately $28,000. Costello Asset Management INC lifted its stake in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC bought a new stake in shares of Dominion Energy during the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

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Dominion Energy Stock Performance

Shares of Dominion Energy stock opened at $69.59 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The stock’s fifty day moving average price is $66.19 and its 200-day moving average price is $63.17. The firm has a market cap of $61.20 billion, a P/E ratio of 20.59 and a beta of 0.65. Dominion Energy Inc. has a 12 month low of $55.36 and a 12 month high of $70.17.

Dominion Energy (NYSE:DGet Free Report) last released its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $4.43 billion. During the same period in the prior year, the firm earned $0.93 earnings per share. The firm’s revenue for the quarter was up 23.1% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities research analysts expect that Dominion Energy Inc. will post 3.59 earnings per share for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Investors of record on Friday, May 29th were issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is presently 78.99%.

Analysts Set New Price Targets

D has been the topic of a number of recent analyst reports. Bank of America increased their target price on Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Mizuho boosted their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Barclays cut their price target on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a report on Tuesday, June 23rd. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and lifted their price objective for the company from $65.00 to $76.00 in a report on Thursday, May 28th. Finally, Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $67.62.

Check Out Our Latest Stock Report on D

Dominion Energy Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dominion Energy (NYSE:D)

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