Wellington Management Group LLP Grows Holdings in Dominion Energy Inc. $D

Wellington Management Group LLP lifted its stake in Dominion Energy Inc. (NYSE:D) by 4.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 30,746,146 shares of the utilities provider’s stock after acquiring an additional 1,298,881 shares during the quarter. Wellington Management Group LLP’s holdings in Dominion Energy were worth $1,880,742,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Vista Cima Wealth Management LLC acquired a new stake in Dominion Energy in the 3rd quarter valued at approximately $468,000. Olde Wealth Management LLC acquired a new position in Dominion Energy during the third quarter worth $451,000. NorthRock Partners LLC lifted its stake in Dominion Energy by 31.7% during the third quarter. NorthRock Partners LLC now owns 16,233 shares of the utilities provider’s stock worth $993,000 after purchasing an additional 3,906 shares in the last quarter. Regal Investment Advisors LLC boosted its position in shares of Dominion Energy by 47.4% during the third quarter. Regal Investment Advisors LLC now owns 6,718 shares of the utilities provider’s stock worth $411,000 after buying an additional 2,161 shares during the period. Finally, Brown Brothers Harriman & Co. boosted its position in shares of Dominion Energy by 18.3% during the third quarter. Brown Brothers Harriman & Co. now owns 14,435 shares of the utilities provider’s stock worth $883,000 after buying an additional 2,238 shares during the period. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Analyst Ratings Changes

D has been the topic of several research analyst reports. JPMorgan Chase & Co. cut their price objective on Dominion Energy from $62.00 to $59.00 and set an “underweight” rating on the stock in a report on Thursday, December 11th. Scotiabank raised their target price on Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Wells Fargo & Company dropped their target price on Dominion Energy from $67.00 to $64.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Barclays cut their price target on shares of Dominion Energy from $64.00 to $63.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. Finally, Mizuho raised their price objective on shares of Dominion Energy from $62.00 to $66.00 and gave the company a “neutral” rating in a research note on Tuesday, February 24th. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $64.73.

Dominion Energy Stock Up 0.6%

Dominion Energy stock opened at $63.20 on Friday. The firm has a market capitalization of $55.54 billion, a P/E ratio of 18.37, a P/E/G ratio of 1.70 and a beta of 0.71. The company has a current ratio of 0.77, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. Dominion Energy Inc. has a twelve month low of $48.07 and a twelve month high of $67.57. The stock’s fifty day simple moving average is $62.02 and its 200-day simple moving average is $60.76.

Dominion Energy (NYSE:D) last released its earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.01. Dominion Energy had a return on equity of 9.67% and a net margin of 18.05%.The firm had revenue of $4.09 billion during the quarter, compared to analyst estimates of $3.65 billion. During the same period last year, the business posted $0.58 earnings per share. Dominion Energy’s revenue was up 20.4% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts expect that Dominion Energy Inc. will post 3.39 earnings per share for the current fiscal year.

Dominion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be paid a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, February 27th. Dominion Energy’s dividend payout ratio (DPR) is presently 77.62%.

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.