13,925 Shares in Dominion Energy Inc. $D Bought by Paradigm Capital Management LLC NV

Paradigm Capital Management LLC NV purchased a new stake in Dominion Energy Inc. (NYSE:D) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 13,925 shares of the utilities provider’s stock, valued at approximately $951,000.

Other hedge funds have also modified their holdings of the company. Cornerstone Planning LLC boosted its position in Dominion Energy by 0.9% during the 2nd quarter. Cornerstone Planning LLC now owns 17,280 shares of the utilities provider’s stock worth $1,180,000 after acquiring an additional 157 shares during the last quarter. Capital Analysts LLC raised its holdings in shares of Dominion Energy by 2.4% in the fourth quarter. Capital Analysts LLC now owns 6,651 shares of the utilities provider’s stock valued at $390,000 after purchasing an additional 157 shares during the last quarter. Arlington Trust Co LLC lifted its position in shares of Dominion Energy by 47.1% in the second quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider’s stock worth $34,000 after purchasing an additional 160 shares in the last quarter. Navalign LLC boosted its holdings in Dominion Energy by 1.2% during the first quarter. Navalign LLC now owns 14,229 shares of the utilities provider’s stock worth $880,000 after purchasing an additional 162 shares during the last quarter. Finally, Conning Inc. boosted its holdings in Dominion Energy by 0.5% during the fourth quarter. Conning Inc. now owns 33,217 shares of the utilities provider’s stock worth $1,946,000 after purchasing an additional 176 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors.

Dominion Energy Stock Performance

NYSE D opened at $66.60 on Tuesday. The firm has a market capitalization of $58.58 billion, a P/E ratio of 23.21 and a beta of 0.65. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The firm’s fifty day moving average price is $69.19 and its two-hundred day moving average price is $65.69. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99.

Dominion Energy (NYSE:D) last announced its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The company had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The company’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, research analysts anticipate that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be issued a dividend of $0.6675 per share. The ex-dividend date is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. Dominion Energy’s dividend payout ratio (DPR) is presently 93.03%.

Analysts Set New Price Targets

Several brokerages have issued reports on D. BMO Capital Markets lifted their price target on shares of Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a research note on Wednesday, July 22nd. Morgan Stanley reduced their price objective on shares of Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating for the company in a research note on Friday. Barclays decreased their price objective on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Seaport Research Partners downgraded Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Wells Fargo & Company upped their target price on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dominion Energy currently has an average rating of “Hold” and an average price target of $69.93.

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.