D.A. Davidson & CO. Purchases 11,616 Shares of Dominion Energy Inc. $D

D.A. Davidson & CO. lifted its position in Dominion Energy Inc. (NYSE:D) by 18.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 73,855 shares of the utilities provider’s stock after purchasing an additional 11,616 shares during the quarter. D.A. Davidson & CO.’s holdings in Dominion Energy were worth $4,327,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Triumph Capital Management bought a new stake in shares of Dominion Energy in the 3rd quarter worth about $28,000. United Community Bank bought a new stake in shares of Dominion Energy in the 3rd quarter worth about $29,000. JPL Wealth Management LLC bought a new stake in shares of Dominion Energy in the 3rd quarter worth about $30,000. iSAM Funds UK Ltd bought a new stake in shares of Dominion Energy in the 3rd quarter worth about $37,000. Finally, CGC Financial Services LLC grew its holdings in shares of Dominion Energy by 100.9% in the 3rd quarter. CGC Financial Services LLC now owns 681 shares of the utilities provider’s stock worth $42,000 after purchasing an additional 342 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Down 0.5%

Shares of NYSE D opened at $62.59 on Thursday. The firm’s 50-day simple moving average is $62.58 and its 200 day simple moving average is $61.24. The company has a market cap of $55.02 billion, a price-to-earnings ratio of 18.20, a price-to-earnings-growth ratio of 3.29 and a beta of 0.67. The company has a quick ratio of 0.59, a current ratio of 0.77 and a debt-to-equity ratio of 1.36. Dominion Energy Inc. has a 12-month low of $52.53 and a 12-month high of $67.57.

Dominion Energy (NYSE:D) last issued its quarterly earnings results on Monday, February 23rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.01. The business had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $3.65 billion. Dominion Energy had a net margin of 18.05% and a return on equity of 9.67%. The firm’s quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, research analysts expect that Dominion Energy Inc. will post 3.6 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

D has been the topic of several analyst reports. Truist Financial initiated coverage on shares of Dominion Energy in a report on Tuesday, April 21st. They issued a “hold” rating and a $67.00 target price on the stock. Mizuho upped their target price on shares of Dominion Energy from $62.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Barclays upped their target price on shares of Dominion Energy from $63.00 to $66.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. 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, TD Cowen began coverage on shares of Dominion Energy in a research report on Friday, January 9th. They set a “hold” rating and a $65.00 price target on the stock. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $65.69.

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.