Altshuler Shaham Ltd raised its stake in Dominion Energy Inc. (NYSE:D – Free Report) by 81.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,389 shares of the utilities provider’s stock after buying an additional 11,856 shares during the period. Altshuler Shaham Ltd’s holdings in Dominion Energy were worth $1,546,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of D. Motiv8 Investments LLC bought a new position in shares of Dominion Energy during the fourth quarter valued at $25,000. Triumph Capital Management bought a new stake in Dominion Energy in the third quarter valued at $28,000. Blueline Advisors LLC bought a new stake in Dominion Energy in the fourth quarter valued at $28,000. Costello Asset Management INC increased its stake in Dominion Energy by 66.7% in the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. Finally, Advocate Investing Services LLC bought a new stake in shares of Dominion Energy during the fourth quarter worth about $29,000. Institutional investors own 73.04% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on D shares. Bank of America boosted their target price 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 boosted their target price for the company from $65.00 to $76.00 in a research note 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. Royal Bank Of Canada upped their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 19th. Finally, Mizuho upped their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $67.69.
Dominion Energy Trading Down 0.5%
NYSE:D opened at $68.18 on Thursday. The company has a 50-day moving average price of $64.72 and a 200-day moving average price of $62.40. Dominion Energy Inc. has a 12 month low of $53.59 and a 12 month high of $69.25. 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 has a market cap of $59.96 billion, a price-to-earnings ratio of 20.17 and a beta of 0.65.
Dominion Energy (NYSE:D – Get Free Report) last issued its quarterly 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. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. During the same period last year, the company posted $0.93 EPS. Dominion Energy’s revenue was up 23.1% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities analysts predict that Dominion Energy Inc. will post 3.59 EPS for the current year.
Dominion Energy Announces Dividend
The company 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 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 is 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.
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