Pacer Advisors Inc. Cuts Holdings in Dominion Energy Inc. $D

Pacer Advisors Inc. decreased its stake in Dominion Energy Inc. (NYSE:D) by 50.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,856 shares of the utilities provider’s stock after selling 58,286 shares during the period. Pacer Advisors Inc.’s holdings in Dominion Energy were worth $3,515,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Motiv8 Investments LLC bought a new position in Dominion Energy in the fourth quarter valued at $25,000. Triumph Capital Management purchased a new stake in Dominion Energy during the third quarter valued at about $28,000. Blueline Advisors LLC bought a new stake in Dominion Energy during the fourth quarter worth about $28,000. JPL Wealth Management LLC purchased a new position in shares of Dominion Energy in the 3rd quarter worth about $30,000. Finally, Costello Asset Management INC boosted its holdings in shares of Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Down 2.2%

D opened at $66.73 on Friday. The company has a market cap of $58.69 billion, a P/E ratio of 23.25 and a beta of 0.65. Dominion Energy Inc. has a 12 month low of $55.85 and a 12 month high of $72.99. The business’s 50-day moving average price is $68.87 and its 200-day moving average price is $65.07. The company has a current ratio of 0.81, a quick ratio of 0.61 and a debt-to-equity ratio of 1.43.

Dominion Energy (NYSE:D) last posted its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The business had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. During the same period last year, the company earned $0.75 EPS. Dominion Energy’s revenue for the quarter was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities analysts expect that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be given a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 4.0%. Dominion Energy’s dividend payout ratio is presently 93.03%.

Wall Street Analyst Weigh In

D has been the topic of a number of research reports. Seaport Research Partners cut Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. 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 research note on Friday, May 15th. Mizuho increased their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Morgan Stanley reduced their price target on shares of Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Finally, Bank of America boosted their price objective on shares of Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Dominion Energy presently has a consensus rating of “Hold” and an average price target of $68.00.

Dominion Energy News Roundup

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

• Positive Sentiment: Virginia Gov. Abigail Spanberger’s intervention could give the state greater influence over the merger’s terms, including protections for customers, jobs and the financial interests of Virginia. The deal remains subject to review by the State Corporation Commission. Gov. Spanberger to intervene in NextEra Energy and Dominion merger
• Neutral Sentiment: A regulatory timeline has been established for the landmark Dominion-NextEra transaction, providing investors with more visibility into the approval process, although final terms and timing remain uncertain. Timeline set for landmark Dominion-NextEra Energy merger
• Neutral Sentiment: Options-market activity is drawing attention to the possibility of a larger move in D shares, but options positioning is speculative and does not establish a fundamental catalyst. Is the Options Market Predicting a Spike in Dominion Energy Stock?
• Neutral Sentiment: A commission order requires Dominion to develop a plan for allocating data-center-related costs. The initiative may support the company’s ability to serve rapidly growing electricity demand, but it also raises the prospect of additional scrutiny over who pays for infrastructure investments. Commission orders Dominion to develop data center cost plan
• Negative Sentiment: Dominion reportedly faces as much as $800 million in tariffs on Siemens Gamesa wind turbines and related components. If not recovered through rates or otherwise mitigated, the added costs could pressure project economics, cash flow and returns. Dominion faces $800m Trump tariff bill
• Negative Sentiment: Spanberger’s unprecedented decision to formally intervene creates another hurdle for the merger and increases the risk of delays, tougher conditions or changes to the transaction’s expected benefits. Spanberger takes unprecedented step to intervene in $67B Dominion-NextEra merger

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.