Dominion Energy Inc. $D Stock Position Raised by Sterling Capital Management LLC

Sterling Capital Management LLC increased its holdings in shares of Dominion Energy Inc. (NYSE:D) by 7,257.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 119,188 shares of the utilities provider’s stock after acquiring an additional 117,568 shares during the quarter. Sterling Capital Management LLC’s holdings in Dominion Energy were worth $7,368,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Motiv8 Investments LLC bought a new position in shares of Dominion Energy during the fourth quarter valued at approximately $25,000. Triumph Capital Management bought a new stake in shares of Dominion Energy in the 3rd quarter worth approximately $28,000. Blueline Advisors LLC acquired a new position in Dominion Energy during the 4th quarter valued at approximately $28,000. JPL Wealth Management LLC bought a new position in Dominion Energy during the 3rd quarter worth $30,000. Finally, Costello Asset Management INC grew its stake in Dominion Energy by 66.7% during the 4th 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. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

D has been the topic of a number of recent research reports. Wells Fargo & Company raised their target price on Dominion Energy from $66.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Bank of America upped their price target on shares of Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and lifted their price objective for the company from $65.00 to $76.00 in a research report on Thursday, May 28th. Scotiabank boosted their target price on shares of Dominion Energy from $63.00 to $67.00 and gave the company a “sector perform” rating in a research note on Monday, March 2nd. Finally, Seaport Research Partners cut shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Four research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Dominion Energy has a consensus rating of “Hold” and a consensus target price of $67.62.

Dominion Energy Price Performance

Shares of NYSE D opened at $69.40 on Friday. The stock has a market cap of $61.03 billion, a P/E ratio of 20.53 and a beta of 0.65. The firm’s 50-day simple moving average is $65.48 and its 200 day simple moving average is $62.80. Dominion Energy Inc. has a fifty-two week low of $55.14 and a fifty-two week high of $70.17. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38.

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 analysts’ consensus estimates 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 net margin of 16.93% and a return on equity of 9.63%. Dominion Energy’s revenue was up 23.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities analysts expect 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 was paid on Saturday, June 20th. Investors of record on Friday, May 29th were paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Friday, May 29th. Dominion Energy’s dividend payout ratio (DPR) is currently 78.99%.

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.