8,828 Shares in Dominion Energy Inc. $D Acquired by Passumpsic Savings Bank

Passumpsic Savings Bank bought a new position in Dominion Energy Inc. (NYSE:D) during the fourth quarter, Holdings Channel.com reports. The fund bought 8,828 shares of the utilities provider’s stock, valued at approximately $517,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in D. Capital Research Global Investors raised 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 in the last quarter. Mizuho Markets Americas LLC raised its holdings in shares of Dominion Energy by 139.3% in the 3rd quarter. Mizuho Markets Americas LLC now owns 867,500 shares of the utilities provider’s stock worth $53,065,000 after purchasing an additional 3,073,835 shares in the last quarter. ANTIPODES PARTNERS Ltd raised its holdings in shares of Dominion Energy by 84,502.3% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,735,194 shares of the utilities provider’s stock worth $106,150,000 after purchasing an additional 1,733,143 shares in the last quarter. Wellington Management Group LLP raised 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 acquiring an additional 1,298,881 shares during the period. Finally, Invesco Ltd. raised its holdings in shares of Dominion Energy by 10.8% during the third quarter. Invesco Ltd. now owns 11,545,003 shares of the utilities provider’s stock valued at $706,208,000 after acquiring an additional 1,129,130 shares during the period. 73.04% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on D shares. Jefferies Financial Group raised their price objective on shares of Dominion Energy from $60.00 to $65.00 and gave the stock a “hold” rating in a research note on Friday, April 10th. Barclays raised their price objective on shares of Dominion Energy from $66.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Mizuho raised their price objective on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. Truist Financial started coverage on shares of Dominion Energy in a research note on Tuesday, April 21st. They issued a “hold” rating and a $67.00 price objective for the company. Finally, Morgan Stanley decreased their price objective on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $66.31.

Dominion Energy Trading Up 0.2%

Dominion Energy stock opened at $61.83 on Monday. The firm has a market capitalization of $54.37 billion, a price-to-earnings ratio of 18.29, a P/E/G ratio of 3.25 and a beta of 0.65. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.78. The company has a 50 day moving average price of $62.34 and a 200 day moving average price of $61.35. Dominion Energy Inc. has a 52 week low of $53.36 and a 52 week high of $67.57.

Dominion Energy (NYSE:D) last released its quarterly earnings data 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. The firm 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 company’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Research analysts forecast 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 will be paid on Saturday, June 20th. Shareholders of record on Friday, May 29th will be paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 4.3%. The ex-dividend date is Friday, May 29th. Dominion Energy’s dividend payout ratio is currently 78.99%.

More Dominion Energy News

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: A potential acquisition by NextEra at around $76 per share could represent a sizable takeover premium for Dominion Energy shareholders, supporting sentiment around the stock. NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
• Positive Sentiment: Reports that NextEra is considering Dominion as part of a strategy to expand into power demand tied to data centers may increase takeover interest and strategic value. NextEra Is In Talks to Buy Dominion, Report Says. What a Deal Could Mean.
• Neutral Sentiment: Separately, Dominion-backed legislation in Virginia has been signed into law, leaving the company’s regulatory path and next steps in focus. Virginia Governor Signs Dominion-Backed Bills. All Eyes on Regulators Now.
• Negative Sentiment: Dominion was also hit with a downgrade to “Sell,” which can add pressure to the shares if investors grow more cautious on the utility sector. Dominion Energy (NYSE:D) Downgraded to “Sell” Rating by Wall Street Zen

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.