Clare Market Investments LLC Makes New Investment in Dominion Energy Inc. $D

Clare Market Investments LLC acquired a new position in shares of Dominion Energy Inc. (NYSE:D) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,661 shares of the utilities provider’s stock, valued at approximately $474,000.

Several other large investors have also added to or reduced their stakes in the stock. Greatmark Investment Partners Inc. boosted its position in shares of Dominion Energy by 15.7% in the first quarter. Greatmark Investment Partners Inc. now owns 6,289 shares of the utilities provider’s stock valued at $389,000 after acquiring an additional 854 shares during the period. Whittier Trust Co. of Nevada Inc. increased its holdings in Dominion Energy by 6.0% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 11,429 shares of the utilities provider’s stock worth $711,000 after acquiring an additional 651 shares during the period. Bogart Wealth LLC lifted its stake in Dominion Energy by 2.9% in the 1st quarter. Bogart Wealth LLC now owns 138,156 shares of the utilities provider’s stock worth $8,541,000 after purchasing an additional 3,924 shares in the last quarter. Ascentis Independent Advisors bought a new position in Dominion Energy in the 1st quarter valued at $173,000. Finally, Bryant Woods Investment Advisors LLC bought a new position in Dominion Energy in the 1st quarter valued at $237,000. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Performance

Shares of NYSE D opened at $69.95 on Wednesday. The stock has a market cap of $61.52 billion, a price-to-earnings ratio of 20.69 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 Inc. has a 1-year low of $55.36 and a 1-year high of $70.59. The stock’s 50-day moving average is $66.47 and its 200 day moving average is $63.33.

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

Dominion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were issued a $0.6675 dividend. The ex-dividend date was Friday, May 29th. This represents a $2.67 annualized dividend and a dividend yield of 3.8%. Dominion Energy’s payout ratio is currently 78.99%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Truist Financial decreased their price target on shares of Dominion Energy from $67.00 to $66.00 and set a “hold” rating on the stock in a report on Friday, May 29th. Wall Street Zen lowered Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Morgan Stanley decreased their target price on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Royal Bank Of Canada raised their price target on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Finally, Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and lifted their price target for the company from $65.00 to $76.00 in a research report on Thursday, May 28th. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $67.62.

About Dominion Energy

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.