Pacer Advisors Inc. Has $6.75 Million Stock Position in Dominion Energy Inc. $D

Pacer Advisors Inc. boosted its position in Dominion Energy Inc. (NYSE:D) by 60.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 115,142 shares of the utilities provider’s stock after acquiring an additional 43,213 shares during the period. Pacer Advisors Inc.’s holdings in Dominion Energy were worth $6,746,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Motiv8 Investments LLC acquired a new position in shares of Dominion Energy during the fourth quarter worth approximately $25,000. Triumph Capital Management bought a new stake in Dominion Energy during the 3rd quarter valued at $28,000. Blueline Advisors LLC bought a new stake in Dominion Energy during the 4th quarter valued at $28,000. Costello Asset Management INC raised its holdings in Dominion Energy by 66.7% during the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after buying an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC bought a new position in shares of Dominion Energy in the fourth quarter valued at $29,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Stock Up 0.0%

D stock opened at $68.42 on Monday. The stock has a market cap of $60.17 billion, a P/E ratio of 20.24 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. The stock’s fifty day simple moving average is $64.94 and its two-hundred day simple moving average is $62.50. Dominion Energy Inc. has a 1-year low of $54.05 and a 1-year high of $69.28.

Dominion Energy (NYSE:D) last announced its earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.05. The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The business’s revenue was up 23.1% compared to the same quarter last year. During the same period last year, the firm posted $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts expect that Dominion Energy Inc. will post 3.59 EPS for the current year.

Dominion Energy Announces Dividend

The business 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 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is 78.99%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Scotiabank lifted their price objective on shares of Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Barclays raised their price target on shares of Dominion Energy from $66.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Truist Financial cut their price target on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $65.00 to $76.00 in a report on Thursday, May 28th. Finally, Wall Street Zen downgraded Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $67.69.

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.